Rent is higher than in 64% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (78.2%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $76,520 a year. That is $37 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 67 of 71 cities from cheapest to most expensive.
How much do households earn in Pea Ridge?
Share of households by yearly income. 25.5% of households earn $100,000 or more.
Rent by apartment size in Pea Ridge
| Size | Pea Ridge | U.S. average |
|---|---|---|
| 2 bedrooms | $1,772 | $1,509 |
| 3 bedrooms | $2,095 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Pea Ridge 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 Pea Ridge, so the Arkansas figure is shown.
Taxes and bills in Pea Ridge
Life in Pea Ridge
Is it cheaper to rent or buy in Pea Ridge?
Renting is cheaper right now: about $151 a month less.
Owning assumes a typical $297,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $29,750 for the down payment.
Frequently asked questions
What is the average rent in Pea Ridge, AR?
Renting in Pea Ridge costs a median of about $1,913 a month in 2026, including utilities. The Arkansas median is $1,068.
How much do I need to make to live in Pea Ridge?
To keep rent under 30% of income, you need about $76,520 a year, or $37 an hour at a full-time job.
Is Pea Ridge cheap or expensive?
Pea Ridge is rated OK: rent takes 22.3% of the typical household income of $103,019. It ranks 67th cheapest of 71 Arkansas cities we track.
How much are property taxes in Pea Ridge?
The median homeowner in Pea Ridge pays $1,372 a year in property taxes, about 0.46% of the median home value.
Is Pea Ridge 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 Pea Ridge?
The median home value in Pea Ridge is $297,500, about 2.9 times the typical yearly household income.
8,108 people live in Pea Ridge. Numbers are typical (middle) values.