In Mountain Home, a typical home is worth $169,800 and typical rent is $865 a month. Compared with all of Baxter County, typical household income is 15% lower and the share of households that own their home is 14 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $190,600 to $239,338.
Typical rent
$1,192a month
Typical rent from Zillow, December 2025 to September 2026: from $1,121 to $1,192.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Mountain Home is in Baxter 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 Baxter County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in Cherokee Village, the typical home value is $94,600: 44% less than in Mountain Home ($169,800).
2
61% of households in Mountain Home own their home, against 75% in Baxter County.
3
Mountain Home has the 7th largest share of rent-burdened renters of the 65 cities in Arkansas with more than 5,000 people (56%).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Mountain Home
What homes there are in Mountain Home, 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
Mountain Home
Baxter County
Arkansas
United States
Kind of home: Mountain Home and its comparisons
Measure
Mountain Home
Baxter County
Arkansas
United States
Detached house
65%
74%
70%
61%
Attached house
7%
3%
2%
6%
Building of 2 to 4
11%
5%
7%
8%
Apartments (5 or more)
15%
5%
11%
19%
Mobile home
Unreliable estimate
12%
11%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
The detached house is still the most common home in Mountain Home, but it weighs less than in Baxter County: 65% against 74%.
Year built
Before 19601960–19791980–19992000–20092010 or later
Mountain Home
Baxter County
Arkansas
United States
Year built: Mountain Home and its comparisons
Measure
Mountain Home
Baxter County
Arkansas
United States
Before 1960
7%
10%
13%
26%
1960–1979
39%
32%
26%
24%
1980–1999
34%
36%
30%
25%
2000–2009
11%
14%
16%
14%
2010 or later
8%
8%
14%
11%
By age, homes in Mountain Home look like those in Baxter County: the typical year built is 1982.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100K15%
$100K–$200K48%
$200K–$300K27%
$300K–$500KUnreliable
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Mountain Home and its comparisons
Measure
Mountain Home
Under $100K
15%
$100K–$200K
48%
$200K–$300K
27%
$300K–$500K
Unreliable estimate
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99951%
$1,000–$1,49925%
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Mountain Home and its comparisons
Measure
Mountain Home
Under $500
Unreliable estimate
$500–$999
51%
$1,000–$1,499
25%
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable estimate
With a mortgage
$1,146 a month
Baxter County: $1,157 a month
Without a mortgage
$433 a month
Baxter County: $422 a month
Owners with a mortgage
52%
Baxter County: 48%
In Mountain Home, 52% of owners have a mortgage; their typical cost is $1,146 a month, about the same as in Baxter County.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Mountain Home+35%
Baxter County+31%
Arkansas+47%
United States+53%
Typical rent
Mountain Home+26%
Baxter County+20%
Arkansas+27%
United States+33%
Typical household income
Mountain HomeNo clear change
Baxter County+15%
Arkansas+28%
United States+29%
Change since 2015–2019: Mountain Home and its comparisons
Measure
Mountain Home
Baxter County
Arkansas
United States
Typical home value
+35%
+31%
+47%
+53%
Typical rent
+26%
+20%
+27%
+33%
Typical household income
No clear change
+15%
+28%
+29%
Since 2015–2019, homes in Mountain Home gained value faster than in Baxter County: 35% against 31%.
Rents in Mountain Home rose faster than in Baxter County: 26% since 2015–2019, against 20%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Mountain Home and its comparisons
Measure
Mountain Home
Baxter 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
2.1%
2.7%
3.4%
People per household
2.01
2.17
2.46
2.53
Drive alone
73%
76%
79%
69%
Carpool
17%
14%
9%
9%
Public transit
Unreliable estimate
Unreliable estimate
0%
3%
Walk or bike
Unreliable estimate
Unreliable estimate
2%
3%
Work from home
Unreliable estimate
7%
9%
15%
Other means
Unreliable estimate
Unreliable estimate
1%
2%
Typical commute
Unreliable estimate
10 to 19 minutes
10 to 19 minutes
20 to 29 minutes
On average, a household in Mountain Home has 2.01 people, fewer than in Baxter County (2.17).
In Mountain Home, 17% of workers share a car to get to work; in Baxter County, 14%.
Do the math
What would you pay each month for a home in Mountain Home?
A typical home costs more than the typical income allows
We start with a typical home in Mountain Home, worth $169,800, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 39% of the typical household income in Mountain Home, which is $41,274 a year. For that payment to be 28% of income, a household would need to earn about $57,324 a year.
The calculator's FHA and conventional loan limits are those of all of Baxter 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 Mountain Home. 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 $5,943 (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
$1,338
at 7.18% · 30 years
Loan amount
$166,724
Total interest
$239,877
Paid off in
November 2056
Includes $2,867 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $963 a month
Tight
$963 to $1,238 a month
Hard
more than $1,238 a month
Your payment · 39%
Compared with the typical household income in Mountain Home ($41,274 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,129
Property tax
$62
Home insurance
$71
FHA mortgage insurance (MIP)
$75
You need at least $5,943 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 $1,338; principal and interest $1,129.
The city and its county
Mountain Home and Baxter County
Mountain Home is in Baxter 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).
Mountain Home
Map of Baxter County, Arkansas, with Mountain Home marked. Around it, the neighboring counties.
Mountain Home
Baxter County
Mountain Home's own numbers
Typical home value
$169,800
Typical monthly rent
$865
Typical yearly household income
$41,274
Households that own their home
61%
Effective property tax rate
0.44%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Baxter County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$995
Price change over 5 years (FHFA)
+59%
Homes in a high flood-risk zone
4.3%
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 Baxter County.
A typical home in Mountain Home is worth $169,800: 3% below the county and 10% below Arkansas. With the typical household income in Mountain Home ($41,274 a year), a typical home costs 4.1 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.
Mountain Home4.1 years
Baxter3.6 years
Arkansas3.1 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Baxter County
According to FHFA’s house price index, home prices in Baxter County rose 86% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Baxter County.
Yearly change in FHFA’s price index in Baxter County, 2016 to 2025
2016: +4.9% +4.9% 2016
2017: −0.6% −0.6% 2017
2018: +5.7% +5.7% 2018
2019: +2.8% +2.8% 2019
2020: +3.3% +3.3% 2020
2021: +12.1% +12.1% 2021
2022: +18.1% +18.1% 2022
2023: +9.9% +9.9% 2023
2024: +6.5% +6.5% 2024
2025: +2.8% +2.8% 2025
Change in FHFA’s price index in Baxter County, Arkansas and the United States
Period
County
Arkansas
U.S.
Last year (2025)
+2.8%
+3.4%
+2.9%
5 years (2020–2025)
+59%
+52%
+47%
10 years (2015–2025)
+86%
+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
Mountain Home next to Baxter 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
Mountain Home$169,800
Baxter$174,600
Arkansas$188,000
United States$332,700
Typical monthly rent
Mountain Home$865
Baxter$846
Arkansas$947
United States$1,413
Typical yearly household income
Mountain Home$41,274
Baxter$48,452
Arkansas$60,773
United States$80,734
See the full table
Mountain Home next to Baxter County and Arkansas
Measure
Mountain Home
Baxter County
Arkansas
U.S.
Typical home value
$169,800 ▼3% below the county
$174,600
$188,000
$332,700
Typical monthly rent
$865 ▲2% above the county
$846
$947
$1,413
Typical yearly household income
$41,274 ▼15% below the county
$48,452
$60,773
$80,734
Households that own their home
61% ▼14 points below the county
75%
66%
65%
Typical yearly property tax
$743 ▼7% below the county
$799
$1,040
$3,119
Effective property tax rate
0.44% ▼0.02 points below the county
0.46%
0.55%
0.94%
Renters with high rent for their income
56% ▲5 points above the county
51%
45%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Baxter 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 Mountain Home
For a typical $169,800 home in Mountain Home, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Mountain Home's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,338a month
Least cash to close
Down payment
$5,943
Cash to close
$11,037
Rate
7.18%
Mortgage insurance
FHA MIP · $75
Conventional, 5% down$1,306a month
Down payment
$8,490
Cash to close
$13,584
Rate
7.18%
Mortgage insurance
PMI · $81
Conventional, 20% down, no PMI$1,053a month
Down payment
$33,960
Cash to close
$39,054
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,210a month
Down payment
$25,470
Cash to close
$30,564
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Mountain Home
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,338
$5,943
$166,724
7.18%
FHA MIP · $75
$11,037
580
Conventional, 5% down
$1,306
$8,490
$161,310
7.18%
PMI · $81
$13,584
620*
Conventional, 20% down, no PMI
$1,053
$33,960
$135,840
7.18%
None
$39,054
620*
ITIN, 15% down (example)
$1,210
$25,470
$144,330
8.18%
None
$30,564
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 Mountain Home is $865 a month: 2% above the county. In Mountain Home, 56% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Baxter County, by unit size. To pay the 2-bedroom one ($995 a month) without spending more than 30% of your income, you would need to earn $19.13 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 Baxter County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$756
$14.54
$30,240
1 bedroom
$761
$14.63
$30,440
2 bedrooms
$995
$19.13
$39,800
3 bedrooms
$1,303
$25.06
$52,120
4 bedrooms
$1,308
$25.15
$52,320
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 Mountain Home
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Mountain Home is in ZIP code 72653.
For 2 bedrooms it is $1,010: $15 more than the fair market rent for Baxter County ($995).
Fair market rent by ZIP code and size in Mountain Home, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
72653
$770
$770
$1,010
$1,320
$1,330
ZIP code2 bd3 bd
72653 $1,010$1,320
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Mountain Home 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 9 buildings with rents for lower incomes in Mountain Home. These are the largest.
Promenade Apartments550 E 4th St, Mountain Home 7265346 homes, 45 low-income · 1 bd: 34 · 2 bd: 12 · In service since 2004
Keystone777 Highway 201 N, Mountain Home 7265345 homes, 44 low-income · 2 bd: 1 · 3 bd: 45 · In service since 2007
Mountain Station II Apartments1749 Glenbriar Dr, Mountain Home 7265352 homes, 41 low-income · 1 bd: 4 · 2 bd: 16 · 3 bd: 32 · In service since 2004
Park West Village810 Embassy Pkwy, Mountain Home 7265342 homes, 41 low-income · 1 bd: 42 · In service since 2008
Valley Estates of Mountain Home705 Rich Smith Dr, Mountain Home 7265348 homes, 38 low-income · Studio: 2 · 1 bd: 6 · 2 bd: 18 · 3 bd: 22 · In service since 2007
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 Baxter 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 Mountain Home or Baxter County. The ones below are statewide in Arkansas: they work in Mountain Home 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).
The HUD-approved agencies closest to the center of Mountain Home, in a straight line, nearest first. If one says it serves in Spanish, its card says so.
NR
Northwest Regional Housing Authority
317 W Industrial Park Rd, Harrison · 43 miles away
No legal help resource on our list is for Mountain Home or Baxter 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 Mountain Home and all of Baxter 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 Mountain Home?
The typical home value in Mountain Home is $169,800, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Baxter County it is $174,600.
How much does it cost to rent in Mountain Home?
Typical rent in Mountain Home is $865 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Baxter County is $995.
What is the FHA loan limit in Mountain Home?
Mountain Home uses the FHA limit for all of Baxter 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 Mountain Home?
The typical homeowner in Mountain Home pays $743 a year, according to the U.S. Census Bureau. That is 0.44% of the home’s value; in Baxter County, the rate is 0.46%.
Where can I find free help to buy or rent in Mountain Home?
We found no HUD-approved counseling agencies with an office in Baxter County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
