Rent vs. Buy in Dallas County, AR

Should you rent or buy in Dallas County? Here are the numbers.

Median Home Price

$94,300

Median Rent

$563/mo

Price-to-Rent Ratio

14x

Homeownership Rate

71.6%

Monthly Cost Comparison

Buying (20% down, 6.5% rate)

Mortgage (P&I)$477
Property Tax$39
Insurance$31

Total Monthly$547

Renting

Monthly Rent$563
Renter's Insurance$25

Total Monthly$588

In Dallas County, buying is approximately $16/mo cheaper than renting (before equity buildup and tax benefits).

About Dallas County, Arkansas

Dallas County in Arkansas has a median household income of $40,085 and an effective property tax rate of 0.5%. With a price-to-rent ratio of 14x, buying is likely more cost-effective for long-term residents.

These are starting estimates based on county-level medians. Your actual costs depend on the specific property, your credit score, down payment, and dozens of other variables. Our Monte Carlo simulation models 10,000 scenarios to give you probability-weighted answers, not single-point estimates.

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Other Counties in Arkansas

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Federal Housing Finance Agency. Estimates are based on county-level medians and may not reflect specific neighborhoods or property types. This is not financial advice — consult a licensed professional before making housing decisions.