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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Alma, AR Housing Affordability Index

Alma, Arkansas has an MBR Housing Affordability Index score of 122.6 (Highly Affordable) as of October 30, 2026, ranking 404th most affordable of 450 scored Arkansas cities, compared with 135.7 statewide and 97.4 nationally. On a median-priced $233,600 home with 20% down, the Arkansas average 30-year fixed rate of 7.25% means a monthly principal and interest payment of about $1,275, or 22% of the city’s $68,562 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Alma is updated every night from live Arkansas mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Alma MBR-HAI 122.6 Highly Affordable
Rank in Arkansas 404 of 450 1 = most affordable
Arkansas 135.7 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.25% Arkansas lenders
Median home value $233,600 U.S. Census Bureau

Alma is 13.1 points below the Arkansas score. Scores as of October 30, 2026. See the Arkansas index

View Alma Mortgage Rates

What It Takes to Buy in Alma

$1,275/mo
Principal & Interest
Median home, 20% down, 7.25%
$54,700
Income Needed
To keep the payment at 28% of income
$68,562
Median Household Income
Arkansas: $60,773
3.4x
Price-to-Income Ratio
Arkansas: 3.1x
$1,251/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$1,291/yr
Median Property Tax
0.55% of median value
24.5%
Owner Cost Burden
Owners spending 30%+ of income on housing
36.1%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Alma, Arkansas. The rate is the Arkansas average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

Cite the Alma Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Alma, Arkansas score: 122.6 (Highly Affordable), ranked 404 of 450 Arkansas cities. monitorbankrates.com/housing-affordability-index/arkansas/alma”