Mortgage Calculator & Closing Costs: Springdale, AR
Mortgage payment estimates, closing cost breakdowns, and homebuying data for Springdale, Arkansas.
Median Home Price
$265K
Population
84K
Avg Monthly Rent
$1,080
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 Springdale.
Springdale vs Arkansas Median
The median home price in Springdale is $265,000, which is 36% above the Arkansas state median of $195,000.
Mortgage Calculator — Springdale, AR
Pre-filled with Springdale median home price and Arkansas tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $265K home using Arkansas's 0.62% tax rate and $2,500/yr insurance.
5% Down
$2,083/mo
Down: $13,250
Loan: $252K
P&I: $1,591
Tax: $137
Insurance: $208
PMI: $147
10% Down
$1,992/mo
Down: $26,500
Loan: $239K
P&I: $1,507
Tax: $137
Insurance: $208
PMI: $139
20% Down (No PMI)
$1,685/mo
Down: $53,000
Loan: $212K
P&I: $1,340
Tax: $137
Insurance: $208
Income needed (28% rule): $72K/year with 20% down, $85K/year with 10% down.
Rent vs Buy in Springdale
Rent
$1,080/mo
vs
Buy (10% down)
$1,992/mo
Price-to-rent ratio: 20.4 — At a ratio above 20, renting may be more economical in Springdale for shorter stays. Buying costs $912 more per month than renting, and it typically takes 5-7 years to break even on the transaction costs of buying.
The median home price in Springdale is $265,000, 36% above the Arkansas state median of $195,000. With a population of 84,312, Springdale is a smaller market where home prices reflect strong demand and local economic factors.
Property taxes in Arkansas average 0.62% annually. This low property tax rate is a significant advantage for Springdale 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 Springdale is $1,080/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
Springdale presents moderate affordability. The $265K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Springdale.