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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

Heber Springs, AR Housing Affordability Index

Heber Springs, Arkansas has an MBR Housing Affordability Index score of 141.8 (Highly Affordable) as of October 30, 2026, ranking 338th most affordable of 450 scored Arkansas cities, compared with 135.7 statewide and 97.4 nationally. On a median-priced $176,300 home with 20% down, the Arkansas average 30-year fixed rate of 7.25% means a monthly principal and interest payment of about $963, or 23% of the city’s $50,636 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Heber Springs 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.

Heber Springs MBR-HAI 141.8 Highly Affordable
Rank in Arkansas 338 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 $176,300 U.S. Census Bureau

Heber Springs is 6.1 points above the Arkansas score. Scores as of October 30, 2026. See the Arkansas index

View Heber Springs Mortgage Rates

What It Takes to Buy in Heber Springs

$963/mo
Principal & Interest
Median home, 20% down, 7.25%
$41,300
Income Needed
To keep the payment at 28% of income
$50,636
Median Household Income
Arkansas: $60,773
3.5x
Price-to-Income Ratio
Arkansas: 3.1x
$630/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$717/yr
Median Property Tax
0.41% of median value
27.7%
Owner Cost Burden
Owners spending 30%+ of income on housing
42.7%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Heber Springs Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Heber Springs, Arkansas score: 141.8 (Highly Affordable), ranked 338 of 450 Arkansas cities. monitorbankrates.com/housing-affordability-index/arkansas/heber-springs”