States › Arkansas › Cave Springs

Is Cave Springs, AR expensive to live in?

CheapRent takes 18 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,33833% higher than U.S. average
💵 Families earn per year (2026)$157,971about $13,164/month · 81% higher than U.S. average
🔑 House price$460,30038% higher than U.S. average

Rent is higher than in 81% of U.S. cities. Household incomes are higher than in 91% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (92.5%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $93,520 a year. That is $45 an hour at a full-time job.

Is rent cheaper than other Arkansas cities?

No. Rent here is more expensive than in most of Arkansas. It is number 70 of 71 cities from cheapest to most expensive.

Cave Springs
$2,338
Greenbrier
$1,254
De Queen
$782
Alma
$1,065
Berryville
$1,101
Tontitown
$1,892
Mena
$672

How much do households earn in Cave Springs?

Under $25k
5.2%
$25k–50k
10.9%
$50k–100k
27.7%
$100k–150k
22.6%
$150k+
32.8%

Share of households by yearly income. 55.4% of households earn $100,000 or more.

How expensive is Cave Springs overall?

Everyday prices in Arkansas overall are 13% below the U.S. average (index 86.9, U.S. = 100).

Housing
58
Goods (food, clothes…)
94
Utilities
75
Other services
95
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Cave Springs, so the Arkansas figure is shown.

Taxes and bills in Cave Springs

🏛️ Property tax$2,939a year · 0.64% of home value · U.S. $3,119
⚡ Electric bill$178a month (typical) · U.S. $156

Life in Cave Springs

Commute to work20.4 minU.S.: 26.4 min
College degree54.1%U.S.: 35.7%
Own their home92.5%U.S.: 65.2%
Below poverty line1.8%U.S.: 12.5%
Unemployment4.8%U.S.: 5.2%

Is it cheaper to rent or buy in Cave Springs?

Renting is cheaper right now: about $856 a month less.

Renting
$2,338
Owning
$3,194

Owning assumes a typical $460,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $46,030 for the down payment.

Frequently asked questions

What is the average rent in Cave Springs, AR?

Renting in Cave Springs costs a median of about $2,338 a month in 2026, including utilities. The Arkansas median is $1,068.

How much do I need to make to live in Cave Springs?

To keep rent under 30% of income, you need about $93,520 a year, or $45 an hour at a full-time job.

Is Cave Springs cheap or expensive?

Cave Springs is rated Cheap: rent takes 17.8% of the typical household income of $157,971. It ranks 70th cheapest of 71 Arkansas cities we track.

How much are property taxes in Cave Springs?

The median homeowner in Cave Springs pays $2,939 a year in property taxes, about 0.64% of the median home value.

Is Cave Springs more expensive than the national average?

Overall prices in Arkansas are 13% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Cave Springs?

The median home value in Cave Springs is $460,300, about 2.9 times the typical yearly household income.

6,008 people live in Cave Springs. Numbers are typical (middle) values.