Average Rent in Texarkana, AR↑ Rents rising 9.1% YoY🔺 3rd priciest in AR
HUD FY2025 · Official government data · Updated annually · Metro pop. 146,868
Market Overview
Texarkana, AR has rental prices ranging from $848/month to $1,677/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $853/month — 39% below the national average of $1,400/month. With a median household income of $55,046/year, spending $853/month on a 1-bedroom represents 19% of gross income — within the recommended 30% threshold.
How Texarkana Compares
With an average 2-bedroom rent of $1,071/month, Texarkana ranks #3 most expensive of the 67 cities tracked in Arkansas — pricier than 72% of all US cities in our data.
The Texarkana Rental Market
The Texarkana, AR area has a population of about 146,868 and 35% of households renting rather than owning. That is close to the US average renter share of ~34%.
Rent Trends
2-bedroom rents in Texarkana, AR have risen by $89/month (9.1%) over the past year, from $982 to $1,071. This rate of increase is significant and reflects strong rental demand and limited housing supply in the local market.
Affordability
To afford a 1-bedroom apartment in Texarkana, AR without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $34,120. The local median household income of $55,046 exceeds that threshold by $20,926, making Texarkana relatively accessible compared to local wages.
Rent vs. Buy
The median home value in Texarkana, AR is $169,100, giving a price-to-rent ratio of 13.2. The break-even point between renting and buying is roughly 13 years — renting offers more flexibility for shorter stays, while buying makes more sense for long-term residents.
Fair Market Rents
HUD FY2025Is Texarkana, AR Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in ARlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| Memphis | $1,105 | $1,207 | $1,355 | $1,781 | — |
| Little Rock | $887 | $892 | $1,032 | $1,376 | — |
| Fayetteville | $853 | $925 | $1,111 | $1,557 | — |
| Franklin County | $642 | $646 | $848 | $1,060 | — |
| Fort Smith | $689 | $694 | $910 | $1,236 | — |
| Jonesboro | $697 | $812 | $973 | $1,304 | — |
Rent or Buy in Texarkana?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Texarkana data
Buying breaks even after 1 year — worth it if you stay 1+ years.
Mortgage Calculator
Estimate monthly payment for $169,100 home at 7% rate
Living in Texarkana
Cost of living, job market, crime rates, and moving cost estimates.
Moving Cost Estimator
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Frequently Asked Questions
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⚖️Rent vs Buy in TexarkanaIs it cheaper to rent or buy here?
💵Rent Affordability in TexarkanaSalary needed to afford rent here
🗺️All Cities in ARSee how Texarkana ranks statewide
⚖️Compare TexarkanaSide-by-side rent & cost of living with any city
📋AR Tenant RightsDeposit limits, eviction laws & renters protections