The Value of Renting in Arkansas
Why Lower Costs and Growing Communities are Attracting New Residents
Affordability plays a bigger role than ever in where people choose to live — especially for renters who are balancing housing costs with rising everyday expenses. From groceries to utilities to transportation, small monthly costs can quickly add up. That’s why Arkansas is becoming an increasingly attractive place to rent, and a recent change is making it even more appealing.
As of January 1, 2026 Arkansas eliminated its state tax on groceries, meaning qualifying food items like fruits, vegetables, dairy, and pantry staples are no longer taxed at the state level. While local sales taxes may still apply in some cities and counties, this change reduces the overall cost of living and helps households keep more of their income for what matters most.
For renters, this is especially meaningful. Rent is often the largest monthly expense, and while housing costs can fluctuate in many parts of the country, Arkansas continues to offer relatively affordable rental options. When everyday costs like groceries decrease at the same time, it creates real breathing room in a household budget — allowing renters to save more, stress less, and enjoy greater financial flexibility.
Beyond the tax change, Arkansas offers a strong overall lifestyle value. Growing job markets, family-friendly communities, access to outdoor recreation, and a lower cost of living compared to many neighboring and coastal states make it appealing to a wide range of renters — from young professionals relocating for work to families looking for stability and retirees seeking comfort without high expenses.
At Elder Management, we see more people choosing Arkansas not just because it’s affordable, but because it offers balance: reasonable rent, lower everyday costs, and communities that feel livable and welcoming. Whether you’re new to the state or simply considering a new place to call home, renting in Arkansas offers an opportunity to enjoy more value without sacrificing quality of life.
Contact us today to learn how to get started on renting your new home in NWA!
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