salaryRent is lower than in 79% 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 $46,080 a year. That is $22 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 45 of 71 cities from cheapest to most expensive.
How much do households earn in Paragould?
Share of households by yearly income. 14.2% of households earn $100,000 or more.
Rent by apartment size in Paragould
| Size | Paragould | U.S. average |
|---|---|---|
| 1 bedroom | $697 | $1,324 |
| 2 bedrooms | $895 | $1,509 |
| 3 bedrooms | $1,120 | $1,698 |
| 4 bedrooms | $1,528 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Paragould 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 Paragould, so the Arkansas figure is shown.
Taxes and bills in Paragould
Life in Paragould
Is it cheaper to rent or buy in Paragould?
Renting is cheaper right now: about $107 a month less.
Owning assumes a typical $181,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $18,150 for the down payment.
Frequently asked questions
What is the average rent in Paragould, AR?
Renting in Paragould costs a median of about $1,152 a month in 2026, including utilities. The Arkansas median is $1,068.
How much do I need to make to live in Paragould?
To keep rent under 30% of income, you need about $46,080 a year, or $22 an hour at a full-time job.
Is Paragould cheap or expensive?
Paragould is rated OK: rent takes 22.5% of the typical household income of $61,453. It ranks 45th cheapest of 71 Arkansas cities we track.
How much are property taxes in Paragould?
The median homeowner in Paragould pays $872 a year in property taxes, about 0.48% of the median home value.
Is Paragould 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 Paragould?
The median home value in Paragould is $181,500, about 3.0 times the typical yearly household income.
30,215 people live in Paragould. Numbers are typical (middle) values.