salaryRent here is among the lowest 10% of all 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 $24,720 a year. That is $12 an hour at a full-time job.
Is rent cheaper than other Arkansas cities?
Yes. Rent here is cheaper than in most of Arkansas. It is number 3 of 71 cities from cheapest to most expensive.
How much do households earn in Walnut Ridge?
Share of households by yearly income. 13.7% of households earn $100,000 or more.
Rent by apartment size in Walnut Ridge
| Size | Walnut Ridge | U.S. average |
|---|---|---|
| 1 bedroom | $405 | $1,324 |
| 2 bedrooms | $772 | $1,509 |
| 3 bedrooms | $833 | $1,698 |
| 4 bedrooms | $1,241 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Walnut 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 Walnut Ridge, so the Arkansas figure is shown.
Taxes and bills in Walnut Ridge
Life in Walnut Ridge
Is it cheaper to rent or buy in Walnut Ridge?
Renting is cheaper right now: about $200 a month less.
Owning assumes a typical $117,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $11,790 for the down payment.
Frequently asked questions
What is the average rent in Walnut Ridge, AR?
Renting in Walnut Ridge costs a median of about $618 a month in 2026, including utilities. The Arkansas median is $1,068.
How much do I need to make to live in Walnut Ridge?
To keep rent under 30% of income, you need about $24,720 a year, or $12 an hour at a full-time job.
Is Walnut Ridge cheap or expensive?
Walnut Ridge is rated Cheap: rent takes 15.3% of the typical household income of $48,562. It ranks 3rd cheapest of 71 Arkansas cities we track.
How much are property taxes in Walnut Ridge?
The median homeowner in Walnut Ridge pays $501 a year in property taxes, about 0.42% of the median home value.
Is Walnut 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 Walnut Ridge?
The median home value in Walnut Ridge is $117,900, about 2.4 times the typical yearly household income.
5,434 people live in Walnut Ridge. Numbers are typical (middle) values.