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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

Black Oak, AR Housing Affordability Index

Black Oak, Arkansas has an MBR Housing Affordability Index score of 242.1 (Highly Affordable) as of October 30, 2026, ranking 46th most affordable of 450 scored Arkansas cities, compared with 135.7 statewide and 97.4 nationally. On a median-priced $68,400 home with 20% down, the Arkansas average 30-year fixed rate of 7.25% means a monthly principal and interest payment of about $373, or 8% of the city’s $54,643 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Black Oak 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.

Black Oak MBR-HAI 242.1 Highly Affordable
Rank in Arkansas 46 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 $68,400 U.S. Census Bureau

Black Oak is 106.4 points above the Arkansas score. Scores as of October 30, 2026. See the Arkansas index

View Black Oak Mortgage Rates

What It Takes to Buy in Black Oak

$373/mo
Principal & Interest
Median home, 20% down, 7.25%
$16,000
Income Needed
To keep the payment at 28% of income
$54,643
Median Household Income
Arkansas: $60,773
1.3x
Price-to-Income Ratio
Arkansas: 3.1x
$355/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$1,075/yr
Median Property Tax
Arkansas figure
22.3%
Owner Cost Burden
Owners spending 30%+ of income on housing
22.2%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Black Oak Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Black Oak, Arkansas score: 242.1 (Highly Affordable), ranked 46 of 450 Arkansas cities. monitorbankrates.com/housing-affordability-index/arkansas/black-oak”