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City Report · AR

Siloam Springs

Pop. 18,699·15th most expensive in Arkansas·Siloam Springs rents have dropped 5.0%, currently a renter's market
Median rent (all units)
$1,365/mo
Year-over-Year
-5.0%
Month-over-Month
+0.2%
vs US Median
-$600
Stable (Monthly)
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Most AffordableMost Expensive
Siloam Springs · $1,365
More affordable than 84% of US cities · National median $1,965/mo
Affordability
23% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,365/mo, rent takes about 23% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$55,000/yr
Local median income
$72,065/yr
Based on the 30%-of-income rule using Siloam Springs's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$790
1 BR
$840
2 BR
$1,010
3 BR
$1,430
4 BR+
$1,670
Research median
$1,010/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
$16,380/yr
At $1,365/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 5.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-5.0% YoY, +0.2% MoM), not inventory.
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Demographics

Who lives here

Siloam Springs, AR is majority owner-occupied, has a large share of families with children, 27.5% of residents hold a bachelor's degree or higher.

Population
18,699
Median income
$72,065
Median age
32.3
Renters
40.9%
Age distribution
25.9%
28.6%
19.5%
15.5%
Under 1825.9%
18–3428.6%
35–5419.5%
55–6415.5%
65+10.6%
Gender
47.9%
52.1%
Male47.9%
Female52.1%
Race & ethnicity
47.3%
25.3%
22.1%
White47.3%
Black1.7%
Hispanic25.3%
Asian3.6%
Other22.1%
Education (25+)
18.7%
32.9%
20.9%
27.5%
No HS diploma18.7%
HS diploma32.9%
Some college20.9%
Bachelor's+27.5%
Housing tenure
59.1%
40.9%
Owner59.1%
Renter40.9%

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

2021 vs 2026

How Siloam Springs, AR has changed in 5 years

Income
$54,596 → $72,065
up 32.0%
Population
16,944 → 18,699
up 10.4%
Renter share
44.4% → 40.9%
-3.5 pts
Bachelor's+
24.7% → 27.5%
+2.8 pts
Median age
30.7 → 32.3
+1.6 yrs

Median household income grew from $54,596 to $72,065 between 2021 and 2024, a 32.0% shift. Headcount in the area went from 16,944 to 18,699 between 2021 and 2024, a 10.4% change. About 40.9% of households rent today, against 44.4% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 24.7% to 27.5%.

Community

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View Siloam Springs rent history (2015–2026) →
Salary vs rent

Can you afford rent in Siloam Springs on your salary?

At $1,365/mo, how Siloam Springs rent compares to typical pay (30% rule).

By apartment size

Siloam Springs rent by bedroom count

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

Local insights

Tips for renters in Siloam Springs

About renting in Siloam Springs, AR

Last updated: July 20, 2026

The median rent in Siloam Springs is $1,365/mo as of July 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 23% of local median household income ($72,065/yr), Siloam Springs ranks as affordable compared to the national benchmark of 30%. Rents have decreased 5.0% over the past year.

FAQ

Frequently asked questions

Is Siloam Springs an affordable city for renters?

Siloam Springs is considered very affordable for renters. At $1,365/mo, rent takes approximately 23% of the local median household income ($72,065/yr). The standard benchmark is 30%. Siloam Springs falls comfortably within that range.

How much income do you need to rent in Siloam Springs?

To keep rent at or below 30% of gross income, you would need to earn at least $55,000/year (~$26/hour full-time) to afford the median rent of $1,365/mo in Siloam Springs. The local median household income is $72,065/yr, meaning the typical Siloam Springs household meets that threshold.

Is rent going up or down in Siloam Springs?

Rent in Siloam Springs has decreased 5.0% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Siloam Springs rent compare to other cities in Arkansas?

Siloam Springs is middle-of-the-pack for Arkansas for rent, ranking #15 out of 34 tracked cities at $1,365/mo.

What percentage of Siloam Springs residents rent vs. own?

According to Census data, approximately 40.9% of Siloam Springs households are renters, while 59.1% are owner-occupied. Siloam Springs leans toward homeownership, which can mean a smaller rental inventory.

How does Siloam Springs rent compare to the national average?

Siloam Springs's median rent of $1,365/mo is $600 (31%) below the US national median of $1,965/mo. Within Arkansas, it ranks #15 out of 34 tracked cities.
Income Affordability
23%
VERY AFFORDABLE

At $1,365/mo, rent takes ~23% of Siloam Springs's median household income ($72,065/yr). The standard benchmark is 30%.

Siloam Springs 23%Benchmark 30%
State income tax3.9%
Run the Siloam Springs affordability calculator →
Lowest-rent ZIP codes in Siloam Springs
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Siloam Springs, AR

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