States › Arkansas › Pea Ridge

Is Pea Ridge, AR expensive to live in?

OKRent takes 22 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,9139% higher than U.S. average
💵 Families earn per year (2026)$103,019about $8,585/month · 18% higher than U.S. average
🔑 House price$297,50011% lower than U.S. average

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.

Pea Ridge
$1,913
$788
$707

How much do households earn in Pea Ridge?

Under $25k
9.6%
$25k–50k
16.9%
$50k–100k
47.8%
$100k–150k
17.4%
$150k+
8.1%

Share of households by yearly income. 25.5% of households earn $100,000 or more.

Rent by apartment size in Pea Ridge

SizePea RidgeU.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).

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 Pea Ridge, so the Arkansas figure is shown.

Taxes and bills in Pea Ridge

🏛️ Property tax$1,372a year · 0.46% of home value · U.S. $3,119
⚡ Electric bill$158a month (typical) · U.S. $156

Life in Pea Ridge

Commute to work22.3 minU.S.: 26.4 min
College degree28%U.S.: 35.7%
Own their home78.2%U.S.: 65.2%
Below poverty line3.2%U.S.: 12.5%
Unemployment1.3%U.S.: 5.2%

Is it cheaper to rent or buy in Pea Ridge?

Renting is cheaper right now: about $151 a month less.

Renting
$1,913
Owning
$2,064

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.