Best Places to Buy Rental Property in Arkansas (2026)
15 Arkansas cities ranked by entry price, $189,000 to $345,450, each with 100+ tracked closings inside the city limits.

There is no honest way to rank Arkansas cities by rental return without rent data, and this page does not have it. What it does have is transaction evidence: the median price homes actually closed at inside each city's limits, and how many closings happened. That answers the two questions that come before any cash flow analysis, what it costs to get in and whether you can get back out.
What this page measures, and what it does not
Every city below cleared at least 100 closings in its reporting window, which filters out markets too thin to read. They are ranked cheapest first by median closed price, from $189,000 to $345,450. You will not find rent estimates, rent-to-price ratios, cap rates, cash-on-cash projections or gross yield rankings here. Resideline does not have verified rent data for these cities, so publishing those numbers would be invention rather than analysis. Entry price and transaction volume are what the data supports. Every figure describes closings inside the city limits, not the wider postal area that shares the city's name. The two can differ a lot: a postal area usually reaches into surrounding townships, which pulls the median toward whatever those townships are worth. Arkansas's statewide median closed price is $275,000 across 20,252 tracked closings.
The rankings
| City | Median closed price | Closings tracked | Window |
|---|---|---|---|
| North Little Rock | $189,000 | 485 | 6 months |
| Harrison | $190,000 | 254 | 12 months |
| Paragould | $193,500 | 232 | 6 months |
| Hot Springs | $200,000 | 174 | 6 months |
| Fort Smith | $200,000 | 644 | 6 months |
| Russellville | $205,000 | 193 | 6 months |
| Mountain Home | $215,000 | 157 | 6 months |
| Searcy | $225,000 | 209 | 6 months |
| Jonesboro | $227,500 | 597 | 6 months |
| Benton | $244,750 | 340 | 6 months |
| Sherwood | $257,000 | 259 | 6 months |
| Hot Springs National Park | $269,950 | 316 | 6 months |
| Little Rock | $275,000 | 1,458 | 6 months |
| Maumelle | $312,750 | 248 | 6 months |
| Hot Springs Village | $345,450 | 258 | 6 months |
1. North Little Rock, $189,000, 485 closings
At $189,000 the entry price is about 69 percent of the Arkansas median. Resideline tracked 485 closings there over the last last six months, roughly 81 a month. About 96 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the North Little Rock market page.
2. Harrison, $190,000, 254 closings
At $190,000 the entry price is about 69 percent of the Arkansas median. Resideline tracked 254 closings there over the last last 12 months, roughly 21 a month. About 92 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Harrison market page.
3. Paragould, $193,500, 232 closings
At $193,500 the entry price is about 70 percent of the Arkansas median. Resideline tracked 232 closings there over the last last six months, roughly 39 a month. About 97 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Paragould market page.
4. Hot Springs, $200,000, 174 closings
At $200,000 the entry price is about 73 percent of the Arkansas median. Resideline tracked 174 closings there over the last last six months, roughly 29 a month. About 90 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Hot Springs market page.
5. Fort Smith, $200,000, 644 closings
At $200,000 the entry price is about 73 percent of the Arkansas median. Resideline tracked 644 closings there over the last last six months, roughly 107 a month. About 94 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Fort Smith market page.
6. Russellville, $205,000, 193 closings
At $205,000 the entry price is about 75 percent of the Arkansas median. Resideline tracked 193 closings there over the last last six months, roughly 32 a month. About 94 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Russellville market page.
7. Mountain Home, $215,000, 157 closings
At $215,000 the entry price is about 78 percent of the Arkansas median. Resideline tracked 157 closings there over the last last six months, roughly 26 a month. About 90 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Mountain Home market page.
8. Searcy, $225,000, 209 closings
At $225,000 the entry price is about 82 percent of the Arkansas median. Resideline tracked 209 closings there over the last last six months, roughly 35 a month. About 94 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Searcy market page.
9. Jonesboro, $227,500, 597 closings
At $227,500 the entry price is about 83 percent of the Arkansas median. Resideline tracked 597 closings there over the last last six months, roughly 100 a month. About 94 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Jonesboro market page.
10. Benton, $244,750, 340 closings
At $244,750 the entry price is about 89 percent of the Arkansas median. Resideline tracked 340 closings there over the last last six months, roughly 57 a month. About 99 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Benton market page.
11. Sherwood, $257,000, 259 closings
At $257,000 the entry price is about 93 percent of the Arkansas median. Resideline tracked 259 closings there over the last last six months, roughly 43 a month. About 98 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Sherwood market page.
12. Hot Springs National Park, $269,950, 316 closings
At $269,950 the entry price is about 98 percent of the Arkansas median. Resideline tracked 316 closings there over the last last six months, roughly 53 a month. Full detail is on the Hot Springs National Park market page.
13. Little Rock, $275,000, 1,458 closings
At $275,000 the entry price is about 100 percent of the Arkansas median. Resideline tracked 1,458 closings there over the last last six months, roughly 243 a month. About 92 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Little Rock market page.
14. Maumelle, $312,750, 248 closings
At $312,750 the entry price is about 114 percent of the Arkansas median. Resideline tracked 248 closings there over the last last six months, roughly 41 a month. About 94 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Maumelle market page.
15. Hot Springs Village, $345,450, 258 closings
At $345,450 the entry price is about 126 percent of the Arkansas median. Resideline tracked 258 closings there over the last last six months, roughly 43 a month. About 90 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Hot Springs Village market page.
How to use this list
Treat it as a shortlist, not an answer. A citywide median cannot price a specific address: property type, size, condition and location move a number far more than the city line does. Run any address on this list through Resideline for the comparable set behind its value.
Figures last updated August 23, 2026 from closings Resideline tracked.
Frequently Asked Questions
What is the cheapest Arkansas city to buy an investment property?
Of the 15 cities on this list, North Little Rock has the lowest median closed price at $189,000, measured across 485 closings tracked inside the city limits.
Which affordable Arkansas market has the most transaction volume?
Little Rock, with 1,458 tracked closings and a median closed price of $275,000. More closings means a deeper comparable set to price against.
Do these rankings include rent or cash flow figures?
No. Resideline does not have verified rent data for these cities, so this page ranks on entry price and transaction volume only. Publishing yields or cash-on-cash figures without rent data would be invention rather than analysis.
Do these figures cover the city or the wider postal area?
The city. Every median and count here describes closings inside the municipal boundary, which is usually a smaller and different footprint from the postal area that shares the name.
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