Rent vs Buy in Pine Bluff, AR
Monthly cost of renting vs owning a median-priced home · 30-yr fixed, 20% down
Buying looks favorable in Pine Bluff, AR
Price-to-rent ratio is 7.3 (under 15 favors buying, over 21 favors renting). Renting costs $878/mo; owning runs about $573/mo — $305/mo less to own.
| Monthly cost to own | Amount |
|---|---|
| Mortgage (P&I, 6.95% rate) | $406 |
| Property tax | $70 |
| Home insurance | $32 |
| Maintenance | $64 |
| Total to own | $573 |
| Average 2BR rent | $878 |
Based on a median home value of $76,750 with a $15,350 down payment. Owning also builds equity over time, which a monthly comparison doesn't capture. Estimates use national averages for taxes, insurance and maintenance — your actual costs will vary.