MonitorBankRates
☰
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

Elaine, AR Housing Affordability Index

Elaine, Arkansas has an MBR Housing Affordability Index score of 174.1 (Highly Affordable) as of October 30, 2026, ranking 202nd most affordable of 450 scored Arkansas cities, compared with 135.7 statewide and 97.4 nationally. On a median-priced $64,800 home with 20% down, the Arkansas average 30-year fixed rate of 7.25% means a monthly principal and interest payment of about $354, or 14% of the city’s $29,792 median household income.

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

Elaine MBR-HAI 174.1 Highly Affordable
Rank in Arkansas 202 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 $64,800 U.S. Census Bureau

Elaine is 38.3 points above the Arkansas score. Scores as of October 30, 2026. See the Arkansas index

View Elaine Mortgage Rates

What It Takes to Buy in Elaine

$354/mo
Principal & Interest
Median home, 20% down, 7.25%
$15,200
Income Needed
To keep the payment at 28% of income
$29,792
Median Household Income
Arkansas: $60,773
2.2x
Price-to-Income Ratio
Arkansas: 3.1x
$553/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$673/yr
Median Property Tax
1.04% of median value
45.9%
Owner Cost Burden
Owners spending 30%+ of income on housing
19.6%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Elaine Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Elaine, Arkansas score: 174.1 (Highly Affordable), ranked 202 of 450 Arkansas cities. monitorbankrates.com/housing-affordability-index/arkansas/elaine”