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City Report · AR

Pea Ridge

Pop. 8,108·7th most expensive in Arkansas·Pea Ridge rents have dropped 5.5%, currently a renter's market
Median rent (all units)
$1,578/mo
Year-over-Year
-5.5%
Month-over-Month
-7.6%
vs US Median
-$387
Falling (Monthly)
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Most AffordableMost Expensive
Pea Ridge · $1,578
More affordable than 71% of US cities · National median $1,965/mo
Affordability
20% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,578/mo, rent takes about 20% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$63,000/yr
Local median income
$95,521/yr
Based on the 30%-of-income rule using Pea Ridge's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,280
1 BR
$1,390
2 BR
$1,670
3 BR
$2,340
4 BR+
$2,700
Research median
$1,670/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
$18,936/yr
At $1,578/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 5.5% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-5.5% YoY, -7.6% MoM), not inventory.
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Demographics

Who lives here

Pea Ridge, AR is majority owner-occupied, has a large share of families with children, has a median income above the national average, 28% of residents hold a bachelor's degree or higher.

Population
8,108
Median income
$95,521
Median age
33.4
Renters
21.8%
Age distribution
31.5%
22.9%
24.4%
12.7%
Under 1831.5%
18–3422.9%
35–5424.4%
55–648.5%
65+12.7%
Gender
50%
50%
Male50%
Female50%
Race & ethnicity
65.4%
13.2%
16.7%
White65.4%
Black3.8%
Hispanic13.2%
Asian0.9%
Other16.7%
Education (25+)
33.3%
33.1%
28%
No HS diploma5.6%
HS diploma33.3%
Some college33.1%
Bachelor's+28%
Housing tenure
78.2%
21.8%
Owner78.2%
Renter21.8%

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

2021 vs 2026

How Pea Ridge, AR has changed in 5 years

Income
$88,942 → $95,521
up 7.4%
Population
6,491 → 8,108
up 24.9%
Renter share
32.5% → 21.8%
-10.7 pts
Bachelor's+
21.7% → 28%
+6.3 pts

On the earnings side, the typical household in Pea Ridge, AR now reports about $95,521, up from $88,942 in 2021. Census counts show Pea Ridge, AR adding about 1,617 residents over the five-year window, up 24.9% on net. The renter share has eased from 32.5% to 21.8%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 21.7% to 28% across the same window.

Community

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View Pea Ridge rent history (2015–2026) →
Salary vs rent

Can you afford rent in Pea Ridge on your salary?

At $1,578/mo, how Pea Ridge rent compares to typical pay (30% rule).

By apartment size

Pea Ridge rent by bedroom count

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

Local insights

Tips for renters in Pea Ridge

About renting in Pea Ridge, AR

Last updated: July 20, 2026

The median rent in Pea Ridge is $1,578/mo as of July 2026. A studio apartment averages $1,280/mo while a 2-bedroom runs $1,670/mo. One-bedroom apartments average $1,390/mo and 3-bedroom units go for $2,340/mo.

At 20% of local median household income ($95,521/yr), Pea Ridge ranks as affordable compared to the national benchmark of 30%. Rents have decreased 5.5% over the past year.

FAQ

Frequently asked questions

Is Pea Ridge an affordable city for renters?

Pea Ridge is considered very affordable for renters. At $1,578/mo, rent takes approximately 20% of the local median household income ($95,521/yr). The standard benchmark is 30%. Pea Ridge falls comfortably within that range.

How much income do you need to rent in Pea Ridge?

To keep rent at or below 30% of gross income, you would need to earn at least $63,000/year (~$30/hour full-time) to afford the median rent of $1,578/mo in Pea Ridge. The local median household income is $95,521/yr, meaning the typical Pea Ridge household meets that threshold.

Is rent going up or down in Pea Ridge?

Rent in Pea Ridge has decreased 5.5% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Pea Ridge rent compare to other cities in Arkansas?

Pea Ridge is one of the pricier cities in Arkansas for rent, ranking #7 out of 34 tracked cities at $1,578/mo.

Which nearby cities are cheaper to rent in than Pea Ridge?

Several nearby cities have lower median rents than Pea Ridge ($1,578/mo): Rogers ($1,473/mo), Springdale ($1,513/mo).

What percentage of Pea Ridge residents rent vs. own?

According to Census data, approximately 21.8% of Pea Ridge households are renters, while 78.2% are owner-occupied. Pea Ridge leans toward homeownership, which can mean a smaller rental inventory.

How does Pea Ridge rent compare to the national average?

Pea Ridge's median rent of $1,578/mo is $387 (20%) below the US national median of $1,965/mo. Within Arkansas, it ranks #7 out of 34 tracked cities.
Income Affordability
20%
VERY AFFORDABLE

At $1,578/mo, rent takes ~20% of Pea Ridge's median household income ($95,521/yr). The standard benchmark is 30%.

Pea Ridge 20%Benchmark 30%
State income tax3.9%
Run the Pea Ridge affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Pea Ridge, AR

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