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City Report · AR

Paragould

Pop. 30,215·27th most expensive in Arkansas·One of the most affordable rental markets in the US
Median rent (all units)
$1,094/mo
Year-over-Year
Stable
Month-over-Month
Stable
vs US Median
-$871
Stable (Monthly)
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Most AffordableMost Expensive
Paragould · $1,094
More affordable than 95% of US cities · National median $1,965/mo
Affordability
23% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,094/mo, rent takes about 23% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$44,000/yr
Local median income
$56,980/yr
Based on the 30%-of-income rule using Paragould's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$660
1 BR
$770
2 BR
$900
3 BR
$1,260
4 BR+
$1,410
Research median
$900/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$13,128/yr
At $1,094/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, +0.0% MoM), not inventory.
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Demographics

Who lives here

Paragould, AR is majority owner-occupied, has a median income below the national average, 16.1% of residents hold a bachelor's degree or higher.

Population
30,215
Median income
$56,980
Median age
36.2
Renters
43.4%
Age distribution
24.3%
23.6%
24.9%
15.3%
Under 1824.3%
18–3423.6%
35–5424.9%
55–6411.9%
65+15.3%
Gender
48.5%
51.5%
Male48.5%
Female51.5%
Race & ethnicity
87.2%
White87.2%
Black3.5%
Hispanic5.1%
Asian0.6%
Other3.7%
Education (25+)
13.1%
42.5%
28.3%
16.1%
No HS diploma13.1%
HS diploma42.5%
Some college28.3%
Bachelor's+16.1%
Housing tenure
56.6%
43.4%
Owner56.6%
Renter43.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Paragould, AR has changed in 5 years

Income
$49,977 → $56,980
up 14.0%
Population
29,327 → 30,215
up 3.0%
Renter share
42.3% → 43.4%
+1.1 pts
Bachelor's+
17.7% → 16.1%
-1.6 pts
Median age
35.2 → 36.2
+1.0 yrs

Median household income grew from $49,977 to $56,980 between 2021 and 2024, a 14.0% shift. Headcount in the area went from 29,327 to 30,215 between 2021 and 2024, a 3.0% change.

Community

Discussions about Paragould

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View Paragould rent history (2015–2026) →
Salary vs rent

Can you afford rent in Paragould on your salary?

At $1,094/mo, how Paragould rent compares to typical pay (30% rule).

By apartment size

Paragould rent by bedroom count

Median rent for each apartment size in Paragould. Click any size for full breakdown.

Local insights

Tips for renters in Paragould

About renting in Paragould, AR

Last updated: July 20, 2026

The median rent in Paragould is $1,094/mo as of July 2026. A studio apartment averages $660/mo while a 2-bedroom runs $900/mo. One-bedroom apartments average $770/mo and 3-bedroom units go for $1,260/mo.

At 23% of local median household income ($56,980/yr), Paragould ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Paragould an affordable city for renters?

Paragould is considered very affordable for renters. At $1,094/mo, rent takes approximately 23% of the local median household income ($56,980/yr). The standard benchmark is 30%. Paragould falls comfortably within that range.

How much income do you need to rent in Paragould?

To keep rent at or below 30% of gross income, you would need to earn at least $44,000/year (~$21/hour full-time) to afford the median rent of $1,094/mo in Paragould. The local median household income is $56,980/yr, meaning the typical Paragould household meets that threshold.

Is rent going up or down in Paragould?

Rent in Paragould has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

How does Paragould rent compare to other cities in Arkansas?

Paragould is one of the more affordable cities in Arkansas for rent, ranking #27 out of 34 tracked cities at $1,094/mo.

What percentage of Paragould residents rent vs. own?

According to Census data, approximately 43.4% of Paragould households are renters, while 56.6% are owner-occupied. Paragould leans toward homeownership, which can mean a smaller rental inventory.

How does Paragould rent compare to the national average?

Paragould's median rent of $1,094/mo is $871 (44%) below the US national median of $1,965/mo. Within Arkansas, it ranks #27 out of 34 tracked cities.
Income Affordability
23%
VERY AFFORDABLE

At $1,094/mo, rent takes ~23% of Paragould's median household income ($56,980/yr). The standard benchmark is 30%.

Paragould 23%Benchmark 30%
State income tax3.9%
Run the Paragould affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Paragould, AR

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