Mortgage Calculator & Closing Costs: Pine Bluff, AR
Mortgage payment estimates, closing cost breakdowns, and homebuying data for Pine Bluff, Arkansas.
Median Home Price
$105K
Population
41K
Avg Monthly Rent
$720
Property Tax Rate
0.62% *
* Property tax shown is the Arkansas state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Pine Bluff.
Pine Bluff vs Arkansas Median
The median home price in Pine Bluff is $105,000, which is 46% below the Arkansas state median of $195,000.
Mortgage Calculator — Pine Bluff, AR
Pre-filled with Pine Bluff median home price and Arkansas tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $105K home using Arkansas's 0.62% tax rate and $2,500/yr insurance.
5% Down
$951/mo
Down: $5,250
Loan: $100K
P&I: $630
Tax: $54
Insurance: $208
PMI: $58
10% Down
$915/mo
Down: $10,500
Loan: $95K
P&I: $597
Tax: $54
Insurance: $208
PMI: $55
20% Down (No PMI)
$794/mo
Down: $21,000
Loan: $84K
P&I: $531
Tax: $54
Insurance: $208
Income needed (28% rule): $34K/year with 20% down, $39K/year with 10% down.
Rent vs Buy in Pine Bluff
Rent
$720/mo
vs
Buy (10% down)
$915/mo
Price-to-rent ratio: 12.2 — With a ratio under 15, buying in Pine Bluff is likely more cost-effective than renting if you plan to stay 3+ years. The monthly cost of buying is $195 more than renting, but you build equity with every payment.
The median home price in Pine Bluff is $105,000, 46% below the Arkansas state median of $195,000. With a population of 41,474, Pine Bluff is a smaller market where home prices tend to be more accessible than in many parts of Arkansas.
Property taxes in Arkansas average 0.62% annually. This low property tax rate is a significant advantage for Pine Bluff buyers, keeping your monthly costs well below what you'd pay in higher-tax states. Homeowners insurance in Arkansas runs approximately $2,500 per year. This is within the normal range nationally.
Average rent in Pine Bluff is $720/month. With a price-to-rent ratio under 15, buying may be more cost-effective than renting in Pine Bluff over the long term.
Pine Bluff offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with Arkansas's ADFA Down Payment Assistance program.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Pine Bluff.