What is the average mortgage rate in Arkansas in 2026?
Around 7.46% as of October 19, 2026, in line with national average.
Best Mortgage Rates Arkansas 2026
Arkansas offers some of the lowest home prices in the US, with a median home price of $169,867 in 2026. The state's top income tax rate dropped to 3.9% in 2026, making it increasingly tax-friendly.
30-year fixed
7.46%
National avg
15-year fixed
6.82%
National avg
5/1 ARM
6.82%
National avg
| Product | Rate (APR) |
|---|---|
| 30-year fixed (national avg) | 7.46% |
| 15-year fixed (national avg) | 6.82% |
| 5/1 ARM (national avg) | 6.82% |
Rates verified Oct 21, 2026
Rates shown are national benchmark averages from the site data file, not live quotes from lenders. Confirm pricing with banks and brokers in Arkansas. Not financial advice.
Arkansas at a glance
- Average home price: $169,867
- State income tax: Yes (3.9% top rate)
- Land transfer tax: Yes ($3.30 per $1,000 of value, ~0.33%)
- Typical monthly payment: $946/mo on $169,867 with 20% down, 30-year term, at 7.46% — excludes taxes, insurance, and HOA.
Frequently Asked Questions
Does Arkansas have a real estate transfer tax?
Yes — $3.30 per $1,000 of value, approximately 0.33% of the sale price.
What is the median home price in Arkansas in 2026?
$169,867 — among the lowest in the US.
How much do I need to earn to afford a home in Arkansas?
To afford $169,867 with 20% down at 7.46%, you need approximately $40,000–$40,000 annual income.
Arkansas mortgage calculator · Educational reference only. Not financial or lending advice.