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Housing Affordability in Lowell, AR
Households that spend 30% or more of income on housing, rent and owner costs compared with income. American Community Survey 2020-2024 5-year estimates.
- Households paying 30%+ for housing
- 18.4%
- Arkansas 25.7%
- Renters paying 30%+
- 27.1%
- Arkansas 44.8%
- Homeowners paying 30%+
- 14.9%
- Arkansas 17.1%
- Owner costs with a mortgage
- $1,650/mo
- Arkansas $1,345/mo
Housing costs compared with income
- Renters paying 30% or more29827.1%
- Homeowners paying 30% or more39714.9%
- Renters paying 50% or more1049.4%
- Median rent as a share of income: 25.5%
- Median owner costs as a share of income, with a mortgage: 17.2%
- Median owner costs without a mortgage: $457/mo
- Median home value divided by median household income: 3.0
How it compares
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| Area | Households paying 30%+ for housing | Renters 30%+ | Owners 30%+ | Median rent as % of income |
|---|---|---|---|---|
| Lowell, AR | 18.4% | 27.1% | 14.9% | 25.5% |
| Benton County | 19.9% | 32.7% | 14.0% | 23.2% |
| Arkansas | 25.7% | 44.8% | 17.1% | 27.6% |
| United States | 32.2% | 51.1% | 22.7% | 30.6% |
Frequently asked questions
- What is the housing cost burden in Lowell, AR?
- In Lowell, AR, 18.4% of households spend 30% or more of their income on housing costs.
- How does Lowell compare with Arkansas?
- The households paying 30%+ for housing in Lowell is 18.4%, compared with 25.7% for Arkansas as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates