salaryRent is lower than in 82% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 16 minutes.
How much money do I need?
To rent here comfortably, you should earn about $44,000 a year. That is $21 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 39 of 71 cities from cheapest to most expensive.
How much do households earn in El Dorado?
Share of households by yearly income. 9.6% of households earn $100,000 or more.
Rent by apartment size in El Dorado
| Size | El Dorado | U.S. average |
|---|---|---|
| 1 bedroom | $852 | $1,324 |
| 2 bedrooms | $915 | $1,509 |
| 3 bedrooms | $1,088 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is El Dorado overall?
Everyday prices in Arkansas overall are 13% below the U.S. average (index 86.9, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for El Dorado, so the Arkansas figure is shown.
Taxes and bills in El Dorado
Life in El Dorado
Is it cheaper to rent or buy in El Dorado?
Buying is cheaper month to month: about $239 a month less than renting.
Owning assumes a typical $124,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $12,410 for the down payment.
Frequently asked questions
What is the average rent in El Dorado, AR?
Renting in El Dorado costs a median of about $1,100 a month in 2026, including utilities. The Arkansas median is $1,068.
How much do I need to make to live in El Dorado?
To keep rent under 30% of income, you need about $44,000 a year, or $21 an hour at a full-time job.
Is El Dorado cheap or expensive?
El Dorado is rated OK: rent takes 24.9% of the typical household income of $53,110. It ranks 39th cheapest of 71 Arkansas cities we track.
How much are property taxes in El Dorado?
The median homeowner in El Dorado pays $700 a year in property taxes, about 0.56% of the median home value.
Is El Dorado 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 El Dorado?
The median home value in El Dorado is $124,100, about 2.3 times the typical yearly household income.
17,115 people live in El Dorado. Numbers are typical (middle) values.