Rent is higher than in 75% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.
How much money do I need?
To rent here comfortably, you should earn about $86,600 a year. That is $42 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 69 of 71 cities from cheapest to most expensive.
How much do households earn in Lowell?
Share of households by yearly income. 35.9% of households earn $100,000 or more.
Rent by apartment size in Lowell
| Size | Lowell | U.S. average |
|---|---|---|
| 2 bedrooms | $1,032 | $1,509 |
| 3 bedrooms | $1,291 | $1,698 |
| 4 bedrooms | $2,201 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Lowell 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 Lowell, so the Arkansas figure is shown.
Taxes and bills in Lowell
Life in Lowell
Is it cheaper to rent or buy in Lowell?
Buying is cheaper month to month: about $193 a month less than renting.
Owning assumes a typical $284,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $28,420 for the down payment.
Frequently asked questions
What is the average rent in Lowell, AR?
Renting in Lowell costs a median of about $2,165 a month in 2026, including utilities. The Arkansas median is $1,068.
How much do I need to make to live in Lowell?
To keep rent under 30% of income, you need about $86,600 a year, or $42 an hour at a full-time job.
Is Lowell cheap or expensive?
Lowell is rated OK: rent takes 25.2% of the typical household income of $103,026. It ranks 69th cheapest of 71 Arkansas cities we track.
How much are property taxes in Lowell?
The median homeowner in Lowell pays $1,642 a year in property taxes, about 0.58% of the median home value.
Is Lowell 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 Lowell?
The median home value in Lowell is $284,200, about 2.8 times the typical yearly household income.
10,849 people live in Lowell. Numbers are typical (middle) values.