Housing costs in Rector?
A typical home costs
$81,800, which is 75.8% less expensive than the national average of
$338,100 and 55.0% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Rector costs
$660 per month, which is 53.8% cheaper than the national average of
$1,430 and 27.3% cheaper than the state average of
$840.
Can I afford Rector?
To live comfortably in Rector (zip 72461), Arkansas, a minimum annual income of
$15,840 for a family, and
$20,000 for a single person is recommended.
What does A.I. say about Rector?
The cost of living in Rector, AR is very affordable. The median home value is around $80,000, nearly 20% lower than the Arkansas statewide median. Renters can find a one-bedroom apartment for an average of $500 per month. Groceries, utilities, and other necessities are also quite reasonable here. Residents enjoy a low tax rate and low unemployment rate making it easier to make ends meet with an average income of around $30,000 annually. With its convenient location and affordability, Rector is an attractive place to live for those looking for an affordable lifestyle in a small town setting.