In Morrilton, a typical home is worth $160,900 and typical rent is $717 a month. Compared with all of Conway County, typical household income is 12% lower, typical rent is 5% lower, and the share of households that own their home is 16 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $136,659 to $168,534.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Morrilton is in Conway County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Conway County. See the county
What this place has that others do not, from public data, most unusual first.
1
58% of households in Morrilton own their home, against 74% in Conway County.
2
According to Zillow, in the 12 months to September 2026 the typical home value in Morrilton rose 7.6%; in Arkansas, it rose 3.4%.
3
Morrilton has the 7th lowest typical rent of the 71 cities in Arkansas with more than 5,000 people ($717).
Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data
The homes here
Housing in Morrilton
What homes there are in Morrilton, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Morrilton
Conway County
Arkansas
United States
Kind of home: Morrilton and its comparisons
Measure
Morrilton
Conway County
Arkansas
United States
Detached house
75%
73%
70%
61%
Attached house
Unreliable estimate
Unreliable estimate
2%
6%
Building of 2 to 4
7%
3%
7%
8%
Apartments (5 or more)
Unreliable estimate
Unreliable estimate
11%
19%
Mobile home
Unreliable estimate
19%
11%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
The detached house is the most common home in Morrilton: 75% of homes, near the figure in Conway County (73%).
Year built
Before 19601960–19791980–19992000–20092010 or later
Morrilton
Conway County
Arkansas
United States
Year built: Morrilton and its comparisons
Measure
Morrilton
Conway County
Arkansas
United States
Before 1960
21%
17%
13%
26%
1960–1979
39%
29%
26%
24%
1980–1999
16%
27%
30%
25%
2000–2009
12%
14%
16%
14%
2010 or later
11%
12%
14%
11%
In Morrilton, half of the homes were built before 1975; in Conway County, before 1984.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100K21%
$100K–$200K51%
$200K–$300K18%
$300K–$500KUnreliable
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Morrilton and its comparisons
Measure
Morrilton
Under $100K
21%
$100K–$200K
51%
$200K–$300K
18%
$300K–$500K
Unreliable estimate
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable
$1M or more
Unreliable
Monthly rent with utilities
Under the limitOver the limitUnreliable estimate
Under $50034%
$500–$99951%
HUD fair market rent, 2 bedrooms: $909
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Morrilton and its comparisons
Measure
Morrilton
Under $500
34%
$500–$999
51%
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable estimate
HUD's 2-bedroom fair market rent (FMR) for Conway County is $909; about 76% of rents in Morrilton are below it.
With a mortgage
$1,040 a month
Conway County: $1,126 a month
Without a mortgage
$457 a month
Conway County: $433 a month
Owners with a mortgage
50%
Conway County: 40%
In Morrilton, 50% of owners have a mortgage, and their typical cost is $1,040 a month, against $1,126 in Conway County. Without one it drops to $457.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Morrilton+62%
Conway County+43%
Arkansas+47%
United States+53%
Typical rent
MorriltonNo clear change
Conway County+17%
Arkansas+27%
United States+33%
Typical household income
MorriltonNo clear change
Conway County+27%
Arkansas+28%
United States+29%
Change since 2015–2019: Morrilton and its comparisons
Measure
Morrilton
Conway County
Arkansas
United States
Typical home value
+62%
+43%
+47%
+53%
Typical rent
No clear change
+17%
+27%
+33%
Typical household income
No clear change
+27%
+28%
+29%
From 2015–2019 to 2020–2024, the typical home value in Morrilton rose 62%; in Conway County, it rose 43%.
Rent in Morrilton moved so little since 2015–2019 that the Census cannot say whether it rose or fell.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Morrilton and its comparisons
Measure
Morrilton
Conway County
Arkansas
United States
Rental vacancy
Unreliable estimate
Unreliable estimate
6.4%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
1.1%
0.9%
More than one person per room
Unreliable estimate
Unreliable estimate
2.7%
3.4%
People per household
2.53
2.52
2.46
2.53
Drive alone
72%
81%
79%
69%
Carpool
12%
10%
9%
9%
Public transit
Unreliable estimate
Unreliable estimate
0%
3%
Walk or bike
Unreliable estimate
Unreliable estimate
2%
3%
Work from home
12%
7%
9%
15%
Other means
Unreliable estimate
Unreliable estimate
1%
2%
Typical commute
Unreliable estimate
20 to 29 minutes
10 to 19 minutes
20 to 29 minutes
Much as in Conway County, a household in Morrilton has 2.53 people on average.
Working from home is more common in Morrilton: 12%, against 7% in Conway County.
Do the math
What would you pay each month for a home in Morrilton?
A typical home is tight for the typical income
We start with a typical home in Morrilton, worth $160,900, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 33% of the typical household income in Morrilton, which is $47,572 a year. For that payment to be 28% of income, a household would need to earn about $55,239 a year.
The calculator's FHA and conventional loan limits are those of all of Conway County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Morrilton. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $5,632 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,289
at 7.18% · 30 years
Loan amount
$157,985
Total interest
$227,304
Paid off in
November 2056
Includes $2,717 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,110 a month
Tight
$1,110 to $1,427 a month
Your payment · 33%
Hard
more than $1,427 a month
Compared with the typical household income in Morrilton ($47,572 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,070
Property tax
$80
Home insurance
$67
FHA mortgage insurance (MIP)
$71
You need at least $5,632 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $1,289; principal and interest $1,070.
The city and its county
Morrilton and Conway County
Morrilton is in Conway County, Arkansas. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Morrilton
Map of Conway County, Arkansas, with Morrilton marked. Around it, the neighboring counties.
Morrilton
Conway County
Other cities with a page
Morrilton's own numbers
Typical home value
$160,900
Typical monthly rent
$717
Typical yearly household income
$47,572
Households that own their home
58%
Effective property tax rate
0.6%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Conway County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$909
Price change over 5 years (FHFA)
+52%
Homes in a high flood-risk zone
2.5%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Conway County.
A typical home in Morrilton is worth $160,900: 4% above the county and 14% below Arkansas. With the typical household income in Morrilton ($47,572 a year), a typical home costs 3.4 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Morrilton3.4 years
Conway2.8 years
Arkansas3.1 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Conway County
According to FHFA’s house price index, home prices in Conway County rose 74% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Conway County.
Yearly change in FHFA’s price index in Conway County, 2016 to 2025
2016: +3.3% +3.3% 2016
2017: −1.0% −1.0% 2017
2018: +4.1% +4.1% 2018
2019: +9.8% +9.8% 2019
2020: −1.9% −1.9% 2020
2021: +8.7% +8.7% 2021
2022: +9.9% +9.9% 2022
2023: +13.6% +13.6% 2023
2024: +10.4% +10.4% 2024
2025: +1.4% +1.4% 2025
Change in FHFA’s price index in Conway County, Arkansas and the United States
Period
County
Arkansas
U.S.
Last year (2025)
+1.4%
+3.4%
+2.9%
5 years (2020–2025)
+52%
+52%
+47%
10 years (2015–2025)
+74%
+79%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Morrilton next to Conway County, Arkansas and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Morrilton$160,900
Conway$154,100
Arkansas$188,000
United States$332,700
Typical monthly rent
Morrilton$717
Conway$755
Arkansas$947
United States$1,413
Typical yearly household income
Morrilton$47,572
Conway$54,187
Arkansas$60,773
United States$80,734
See the full table
Morrilton next to Conway County and Arkansas
Measure
Morrilton
Conway County
Arkansas
U.S.
Typical home value
$160,900 ▲4% above the county
$154,100
$188,000
$332,700
Typical monthly rent
$717 ▼5% below the county
$755
$947
$1,413
Typical yearly household income
$47,572 ▼12% below the county
$54,187
$60,773
$80,734
Households that own their home
58% ▼16 points below the county
74%
66%
65%
Typical yearly property tax
$973 ▲13% above the county
$862
$1,040
$3,119
Effective property tax rate
0.6% ▲0.04 points above the county
0.56%
0.55%
0.94%
Renters with high rent for their income
53% ▲3 points above the county
49%
45%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Conway County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Morrilton
For a typical $160,900 home in Morrilton, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Morrilton's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,289a month
Least cash to close
Down payment
$5,632
Cash to close
$10,459
Rate
7.18%
Mortgage insurance
FHA MIP · $71
Conventional, 5% down$1,259a month
Down payment
$8,045
Cash to close
$12,872
Rate
7.18%
Mortgage insurance
PMI · $76
Conventional, 20% down, no PMI$1,019a month
Down payment
$32,180
Cash to close
$37,007
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,168a month
Down payment
$24,135
Cash to close
$28,962
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Morrilton
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,289
$5,632
$157,986
7.18%
FHA MIP · $71
$10,459
580
Conventional, 5% down
$1,259
$8,045
$152,855
7.18%
PMI · $76
$12,872
620*
Conventional, 20% down, no PMI
$1,019
$32,180
$128,720
7.18%
None
$37,007
620*
ITIN, 15% down (example)
$1,168
$24,135
$136,765
8.18%
None
$28,962
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Morrilton is $717 a month: 5% below the county. In Morrilton, 53% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Conway County, by unit size. To pay the 2-bedroom one ($909 a month) without spending more than 30% of your income, you would need to earn $17.48 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Conway County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$633
$12.17
$25,320
1 bedroom
$695
$13.37
$27,800
2 bedrooms
$909
$17.48
$36,360
3 bedrooms
$1,259
$24.21
$50,360
4 bedrooms
$1,519
$29.21
$60,760
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Morrilton
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Morrilton is in ZIP code 72110.
For 2 bedrooms it is $910: $1 more than the fair market rent for Conway County ($909).
Fair market rent by ZIP code and size in Morrilton, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
72110
$630
$700
$910
$1,260
$1,520
ZIP code2 bd3 bd
72110 $910$1,260
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Morrilton when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 5 buildings with rents for lower incomes in Morrilton. These are the largest.
Bridewill Manor1 Bridewell Mnr, Morrilton 72110206 low-income homes · Run by Housing Authority of the City of Morrilton · Average payment: $348 a month · Average wait: 13 months(501) 354-2330
Ridge at Morrilton1609 E Harding St, Morrilton 7211048 homes, 38 low-income · 1 bd: 10 · 2 bd: 26 · 3 bd: 12 · In service since 2017
Stone Ridge404 Legacy Dr, Morrilton 7211033 homes, 32 low-income · 3 bd: 28 · 4 bd: 4 · In service since 2010
Stone Ridge Homes of Morrilton404 Legacy Dr, Morrilton 7211033 homes, 32 low-income · 3 bd: 28 · 4 bd: 4 · In service since 2010
ST Anthony's Senior Living202 Green St, Morrilton 7211030 homes, 24 low-income · 1 bd: 30 · In service since 2005
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
We found no HUD-approved agencies with an office in Conway County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Morrilton or Conway County. The ones below are statewide in Arkansas: they work in Morrilton the same as in the rest of the state.
Arkansas state authority second mortgage of $1,000 to $15,000 for the down payment and closing costs, over 10 years and at the same rate as the ADFA first mortgage (Move-Up or StartSmart).Offered by Arkansas Development Finance Authority (ADFA).
No legal help resource on our list is for Morrilton or Conway County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Morrilton and all of Conway County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Morrilton?
The typical home value in Morrilton is $160,900, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Conway County it is $154,100.
How much does it cost to rent in Morrilton?
Typical rent in Morrilton is $717 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Conway County is $909.
What is the FHA loan limit in Morrilton?
Morrilton uses the FHA limit for all of Conway County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Morrilton?
The typical homeowner in Morrilton pays $973 a year, according to the U.S. Census Bureau. That is 0.6% of the home’s value; in Conway County, the rate is 0.56%.
Where can I find free help to buy or rent in Morrilton?
We found no HUD-approved counseling agencies with an office in Conway County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
