States › Arkansas › Heber Springs

Is Heber Springs, AR expensive to live in?

CheapRent takes 20 cents of every $1 people earn here.
🏠 Rent per month (2026)$89149% lower than U.S. average
💵 Families earn per year (2026)$54,611about $4,551/month · 37% lower than U.S. average
🔑 House price$176,30047% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs about 3.2 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $35,640 a year. That is $17 an hour at a full-time job.

Is rent cheaper than other Arkansas cities?

Yes. Rent here is cheaper than in most of Arkansas. It is number 23 of 71 cities from cheapest to most expensive.

Heber Springs
$891
$1,164
$1,127

How much do households earn in Heber Springs?

Under $25k
25.7%
$25k–50k
27.3%
$50k–100k
29.4%
$100k–150k
5.8%
$150k+
6.5%

Share of households by yearly income. 12.2% of households earn $100,000 or more.

Rent by apartment size in Heber Springs

SizeHeber SpringsU.S. average
1 bedroom$709$1,324
2 bedrooms$866$1,509
3 bedrooms$1,131$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Heber 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 Heber Springs, so the Arkansas figure is shown.

Taxes and bills in Heber Springs

🏛️ Property tax$725a year · 0.41% of home value · U.S. $3,119
⚡ Electric bill$152a month (typical) · U.S. $156

Life in Heber Springs

Commute to work21.6 minU.S.: 26.4 min
College degree15.7%U.S.: 35.7%
Own their home67.6%U.S.: 65.2%
Below poverty line17%U.S.: 12.5%
Unemployment6.5%U.S.: 5.2%

Is it cheaper to rent or buy in Heber Springs?

Renting is cheaper right now: about $332 a month less.

Renting
$891
Owning
$1,223

Owning assumes a typical $176,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $17,630 for the down payment.

Frequently asked questions

What is the average rent in Heber Springs, AR?

Renting in Heber Springs costs a median of about $891 a month in 2026, including utilities. The Arkansas median is $1,068.

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

To keep rent under 30% of income, you need about $35,640 a year, or $17 an hour at a full-time job.

Is Heber Springs cheap or expensive?

Heber Springs is rated Cheap: rent takes 19.6% of the typical household income of $54,611. It ranks 23rd cheapest of 71 Arkansas cities we track.

How much are property taxes in Heber Springs?

The median homeowner in Heber Springs pays $725 a year in property taxes, about 0.41% of the median home value.

Is Heber 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 Heber Springs?

The median home value in Heber Springs is $176,300, about 3.2 times the typical yearly household income.

7,161 people live in Heber Springs. Numbers are typical (middle) values.