Montgomery County, Arkansas Housing Market

In Montgomery County, Arkansas, the median home value is $151,900, with a median monthly rent of $636. This places Montgomery County at #2198 nationally out of 3134 counties by median home value, and #29 within Arkansas.

Median Home Value $151,900
Median Rent $636/mo
Owner Occupancy 80.6%
Price/Rent Ratio 19.9

📈 Price Trend (2017 → 2024)

ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.

📍 Economic Snapshot

💼

Employment & Wages

809
jobs (private sector)
  • Avg weekly wage: $646
  • Establishments: 153
  • BLS QCEW, 2025
🚚

Migration Patterns

+348
net migration (filers, 2021-2022)
  • Inflow: 3,089 (avg $51,185)
  • Outflow: 2,741 (avg $49,796)
  • IRS Statistics of Income

How Montgomery County Compares

MetricMontgomery CountyArkansas AverageU.S. Average
Median Home Value $151,900 $141,465 $227,706
Median Gross Rent $636 $774 $968
Owner Occupancy Rate 80.6% 71.1% 73.3%
Price/Rent Ratio 19.9 15.1 18.7

Market Analysis

The median home value in Montgomery County is 7.4% above the Arkansas state average and 33.3% below the U.S. national average. The median rent of $636/month is 17.8% below the state average.

With a price-to-rent ratio of 19.9, the buy-vs-rent decision in Montgomery County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Montgomery County has an owner-occupancy rate of 80.6%, compared to 71.1% in Arkansas and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Aurora County South Dakota $151,900 $747
Menominee County Michigan $151,800 $692
Sherman County Nebraska $152,000 $818
Van Wert County Ohio $152,000 $782
Lewis County West Virginia $151,800 $730

Other Counties in Arkansas

CountyMedian Home ValueMedian RentOwner Occ.
Columbia County $152,100 $649 70.7%
Hot Spring County $151,100 $768 76.5%
Howard County $153,900 $690 72.5%
Miller County $153,900 $892 64.4%
Conway County $154,100 $755 74.1%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).