Can A Carpenter Afford Rent in Greenwood, AR?
Comfortably affordable — rent takes 29% of gross income.
Greenwood rent: July 2026. Salary: BLS OEWS May 2024 (Arkansas state estimate).
About rent and a carpenter salary
Carpenter pay sits modestly above the US median household income and covers comfortable rent in most lower- and mid-cost metros. Union carpenters in high-cost cities often earn well above the BLS mean. At the national-average carpenter salary, the 30% rule supports about $1,524 a month in rent.
Cheaper rent nearby
These Arkansas cities have lower median rent than Greenwood, which improves the affordability math on a carpenter salary:
Compare with full rent data for Greenwood
View full rent data for Greenwood, AR →Frequently asked questions
Can a carpenter afford rent in Greenwood, AR?
Median rent in Greenwood is $1,222 a month. A typical carpenter in Arkansas earns about $50,580 a year, which makes that rent 29% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a carpenter afford in Greenwood?
Using the 30% rule, a carpenter salary in Arkansas (~$50,580/yr) supports up to $1,265 a month in rent. Greenwood's current median rent is $1,222/mo, which leaves a $43/mo buffer.
How many hours does a carpenter work to cover rent in Greenwood?
At an hourly equivalent of about $24 an hour, a carpenter in Arkansas works roughly 50.3 hours a month to cover Greenwood's median rent of $1,222.
Where is rent cheaper than Greenwood for a carpenter?
Nearby Arkansas cities with lower median rent include Little Rock ($1,220/mo), Maumelle ($1,220/mo), Maumelle ($1,219/mo). Each shifts the affordability math materially on a carpenter salary.