Total monthly cost of ownership
Cost to Own a Home in North Little Rock, Arkansas
A $170,000 home here costs
$1,458per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $874. The real number is $584 higher every month — 67% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
North Little Rock against Pulaski County and Arkansas
| Measure | North Little Rock | Pulaski County |
|---|---|---|
| Median home value | $169,500 | $199,600 |
| Median property tax | $1,419 | $1,562 |
| Effective tax rate | 0.837% | 0.783% |
| Median gross rent | $1,028 | $1,036 |
| Population | 64,504 | 398,949 |
The weather behind that power bill
North Little Rock sits in Pulaski County, which averages a high of 91.7°F in its hottest month and a low of 30.9°F in its coldest, with 50.42" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 1,989 cooling and 3,165 heating degree days, which is what sets the $129 electricity line above.
See the full climate breakdown for Pulaski County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Pulaski County
Full Pulaski County cost breakdown · Every county in Arkansas
Common questions
How much does it cost to own a home in North Little Rock?
A $170,000 home in North Little Rock, Arkansas costs approximately $1,458 per month with 20% down at 6.66%. That is $874 principal and interest, $119 property tax, $127 homeowners insurance, $197 utilities and $142 set aside for maintenance.
What is the property tax rate in North Little Rock?
North Little Rock has an effective property tax rate of 0.837%, based on a median home value of $169,500 and median real estate taxes of $1,419. That is higher than the Pulaski County average of 0.783%.
What is the average home price in North Little Rock?
The median owner-occupied home value in North Little Rock, Arkansas is $169,500, against $199,600 across Pulaski County.
Is it cheaper to rent or buy in North Little Rock?
Median gross rent in North Little Rock is $1,028 a month, against $1,458 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for North Little Rock — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Arkansas.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.