salaryRent is higher than in 58% of U.S. cities. A typical house costs about 3.4 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $72,040 a year. That is $35 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 64 of 71 cities from cheapest to most expensive.
How much do households earn in Prairie Grove?
Share of households by yearly income. 17.3% of households earn $100,000 or more.
Rent by apartment size in Prairie Grove
| Size | Prairie Grove | U.S. average |
|---|---|---|
| 1 bedroom | $905 | $1,324 |
| 2 bedrooms | $912 | $1,509 |
| 3 bedrooms | $1,776 | $1,698 |
| 4 bedrooms | $1,037 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Prairie Grove 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 Prairie Grove, so the Arkansas figure is shown.
Taxes and bills in Prairie Grove
Life in Prairie Grove
Is it cheaper to rent or buy in Prairie Grove?
About the same. Renting and owning cost within $25 of each other each month.
Owning assumes a typical $256,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $25,600 for the down payment.
Frequently asked questions
What is the average rent in Prairie Grove, AR?
Renting in Prairie Grove costs a median of about $1,801 a month in 2026, including utilities. The Arkansas median is $1,068.
How much do I need to make to live in Prairie Grove?
To keep rent under 30% of income, you need about $72,040 a year, or $35 an hour at a full-time job.
Is Prairie Grove cheap or expensive?
Prairie Grove is rated OK: rent takes 28.3% of the typical household income of $76,251. It ranks 64th cheapest of 71 Arkansas cities we track.
How much are property taxes in Prairie Grove?
The median homeowner in Prairie Grove pays $1,400 a year in property taxes, about 0.55% of the median home value.
Is Prairie Grove 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 Prairie Grove?
The median home value in Prairie Grove is $256,000, about 3.4 times the typical yearly household income.
7,798 people live in Prairie Grove. Numbers are typical (middle) values.