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Norman, AR

Full City Profile · Arkansas · Montgomery County County

3.0 /5.0
B Good
324 Population 287/sq mi density
$70,000 Median Income $29,099 per capita
$92,000 Home Value $232,571 Zillow
$721 Median Rent 17.3% income on rent
59°F Avg Temperature 302 sunny days/yr
45 Violent Crime/100K 3,810 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$70,000 median income, 1.9% unemployment
A+
Affordability
5.0 / 5.0
$92,000 home value, $721/mo rent
F
Safety
1.0 / 5.0
45 violent crimes/100K
D
Education
1.8 / 5.0
9.6% bachelor's degree or higher

Housing Overview

Median Home Value
$92,000
67% below
US avg: $281,900
Median Rent
$721/mo
38% below
US avg: $1,163/mo
Homeownership Rate
75.0%
15% above US avg (65.4%)
Total Housing Units
188
Median year built: 1975

Home Value by Source

Census Median
$92,000
Zillow (ZHVI)
$232,571
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

75.0%
Owner-Occupied
25.0%
Renter-Occupied
75%
25%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$700/mo
1 Bedroom
$751/mo
2 Bedroom
$944/mo
3 Bedroom
$1,239/mo
4 Bedroom
$1,406/mo
Census median rent: $721/mo

Affordability & Housing Stock

Rent Burden
17.3%
of renters spending 30%+ of income on housing
44% below US avg (31.0%)
Median Year Built
1975
Average age of housing stock: 51 years
Homeownership Rate
75.0%

Complete Housing Data

Home Values

Census Median Value$92,000
Zillow Home Value (ZHVI)$232,571

Rent

Census Median Rent$721
FMR Studio$700
FMR 1-Bedroom$751
FMR 2-Bedroom$944
FMR 3-Bedroom$1,239
FMR 4-Bedroom$1,406

Market

Ownership & Stock

Owner-Occupied75.0%
Renter-Occupied25.0%
Homeownership Rate75.0%
Total Housing Units188
Median Year Built1975
Rent Burden17.3%