Norfork, AR

City

Rent in Norfork

Median Gross Rent

$694

Rent-to-Income Ratio

48.2%

Renter Share

48.5%

Avg Household Size

Median Rent by Bedrooms

Median monthly rent by number of bedrooms. Shows how rent scales with unit size in the area.

2 Bedrooms: $722
3 Bedrooms: $678

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Gross Rent Distribution

How monthly rents are spread across the area. Helps you understand the typical rent range and where most units fall.

Under $1,000: 72.4%
$1,000-$1,500: 8.7%
$1,500-$2,000: 0.0%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 18.9%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Rent Burden

Share of renters spending a given portion of their income on rent. Spending 30%+ is considered cost-burdened by HUD standards.

Under 20% (comfortable): 10.2%
20-30% (moderate): 16.5%
30-50% (cost-burdened): 15.0%
50%+ (severely cost-burdened): 37.8%
Not Computed: 20.5%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Renters vs. Owners Median Income

Compares the median income of renter households to owner households in the same area.

Owner Households: $50,208

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Contract Rent Distribution

Monthly rent before utilities. Compare with Gross Rent to estimate typical utility costs in the area.

Under $1,000: 81.1%
$1,000-$1,500: 0.0%
$1,500-$2,000: 0.0%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 18.9%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Nearby Neighborhoods in Norfork

Henderson / Timber Lake Manor

Elizabeth / Flint Springs

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources