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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

Cotter, AR Housing Affordability Index

Cotter, Arkansas has an MBR Housing Affordability Index score of 93.0 (Near National Average) as of October 30, 2026, ranking 445th most affordable of 450 scored Arkansas cities, compared with 135.7 statewide and 97.4 nationally. On a median-priced $193,100 home with 20% down, the Arkansas average 30-year fixed rate of 7.25% means a monthly principal and interest payment of about $1,054, or 35% of the city’s $35,792 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Cotter 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.

Cotter MBR-HAI 93.0 Near National Average
Rank in Arkansas 445 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 $193,100 U.S. Census Bureau

Cotter is 42.7 points below the Arkansas score. Scores as of October 30, 2026. See the Arkansas index

View Cotter Mortgage Rates

What It Takes to Buy in Cotter

$1,054/mo
Principal & Interest
Median home, 20% down, 7.25%
$45,200
Income Needed
To keep the payment at 28% of income
$35,792
Median Household Income
Arkansas: $60,773
5.4x
Price-to-Income Ratio
Arkansas: 3.1x
$790/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$1,523/yr
Median Property Tax
0.79% of median value
52.8%
Owner Cost Burden
Owners spending 30%+ of income on housing
53.3%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Cotter Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Cotter, Arkansas score: 93.0 (Near National Average), ranked 445 of 450 Arkansas cities. monitorbankrates.com/housing-affordability-index/arkansas/cotter”