Total monthly cost of ownership
Cost to Own a Home in Stuttgart, Arkansas
A $151,000 home here costs
$1,356per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $58,000 a year.
A standard mortgage calculator would have told you $823. The real number is $533 higher every month, 65% more than the payment most buyers budget for.
Compare Arkansas County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Stuttgart against Arkansas County and Arkansas
| Measure | Stuttgart | Arkansas County |
|---|---|---|
| Median home value | $150,600 | $129,400 |
| Median property tax | $902 | $722 |
| Effective tax rate | 0.599% | 0.558% |
| Median gross rent | $828 | $799 |
| Population | 8,060 | 16,773 |
The weather behind that power bill
Stuttgart sits in Arkansas County, which averages a high of 91.3°F in its hottest month and a low of 33.2°F in its coldest, with 50.63" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 2,236 cooling and 2,886 heating degree days, which is what sets the $151 electricity line above.
See the full climate breakdown for Arkansas County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Arkansas County
Full Arkansas County cost breakdown · Every county in Arkansas
Talk to someone who works this market
These are Stuttgart averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Stuttgart every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Stuttgart I already own here and may sell
Common questions
How much does it cost to own a home in Stuttgart?
A $151,000 home in Stuttgart, Arkansas costs approximately $1,356 per month with 20% down at 7.24%. That is $823 principal and interest, $75 property tax, $113 homeowners insurance, $219 utilities and $126 set aside for maintenance.
What is the property tax rate in Stuttgart?
Stuttgart has an effective property tax rate of 0.599%, based on a median home value of $150,600 and median real estate taxes of $902. That is higher than the Arkansas County average of 0.558%.
What is the average home price in Stuttgart?
The median owner-occupied home value in Stuttgart, Arkansas is $150,600, against $129,400 across Arkansas County.
Is it cheaper to rent or buy in Stuttgart?
Median gross rent in Stuttgart is $828 a month, against $1,356 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Stuttgart?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Stuttgart, Arkansas at today's rate takes a household income of roughly $58,000 a year. That covers the full $1,356 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Stuttgart, 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.