At $1,498/mo, rent takes about 25% 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 $1,498 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
Rent in Prairie Grove changed -1.1% over the year to September 2026. Across the 24 Arkansas cities Zillow tracks, the typical change was +2.7%.
Rent has fallen 4 months in a row, and rose in 4 of the last 12 months.
30% of the median household income ($70,701) is $1,768 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,670).
From Zillow's monthly rent index (ZORI) for Prairie Grove. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Prairie Grove, AR is majority owner-occupied, has a large share of families with children, 27.5% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Prairie Grove, AR has changed in 5 years
On the earnings side, the typical household in Prairie Grove, AR now reports about $70,701, up from $50,625 in 2021. Headcount in the area went from 6,908 to 7,798 between 2021 and 2024, a 12.9% change. About 35.1% of households rent today, against 32.5% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 20.9% to 27.5%.
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Can you afford rent in Prairie Grove on your salary?
At $1,498/mo, how Prairie Grove rent compares to typical pay (30% rule).
Prairie Grove rent by bedroom count
Median rent for each apartment size in Prairie Grove. Click any size for full breakdown.
Tips for renters in Prairie Grove
Last updated: October 17, 2026
The median rent in Prairie Grove is $1,498/mo as of October 2026. A studio apartment averages $790/mo while a 2-bedroom runs $1,010/mo. One-bedroom apartments average $840/mo and 3-bedroom units go for $1,430/mo.
At 25% of local median household income ($70,701/yr), Prairie Grove ranks as affordable compared to the national benchmark of 30%. Rents have decreased 1.1% over the past year.
Frequently asked questions
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Is rent going up or down in Prairie Grove?
How does Prairie Grove rent compare to other cities in Arkansas?
Which nearby cities are cheaper to rent in than Prairie Grove?
At $1,498/mo, rent takes ~25% of Prairie Grove's median household income ($70,701/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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