At $1,074/mo, rent takes about 23% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,074 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
30% of the median household income ($56,980) is $1,425 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,410).
From Zillow's monthly rent index (ZORI) for Paragould. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
Is your rent fair?
Compare your rent to the local median.
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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Paragould, AR has changed in 5 years
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.
Discussions about Paragould
No discussions yet. Start the conversation.
Can you afford rent in Paragould on your salary?
At $1,074/mo, how Paragould rent compares to typical pay (30% rule).
Paragould rent by bedroom count
Median rent for each apartment size in Paragould. Click any size for full breakdown.
Tips for renters in Paragould
Last updated: October 17, 2026
The median rent in Paragould is $1,074/mo as of October 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.
Frequently asked questions
How much income do you need to rent in Paragould?
Is rent going up or down in Paragould?
How does Paragould rent compare to other cities in Arkansas?
Which nearby cities are cheaper to rent in than Paragould?
At $1,074/mo, rent takes ~23% of Paragould's median household income ($56,980/yr). The standard benchmark is 30%.
How does this area stack up?
Pick another city or ZIP to compare.
Estimated from ZIP-level data
Be the first to submit your rent for Paragould.
No discussions yet.