Español

Este sitio también está en español. Leer en español

City · 6,688 residents · Mississippi County, Arkansas

Osceola , Arkansas

In Osceola, a typical home is worth $99,900 and typical rent is $846 a month. Compared with all of Mississippi County, the typical home value is 18% lower, typical household income is 12% lower, and the share of households that own their home is 17 points lower.

WhatsApp

  • Typical home value

    $99,900

    18% below the county

    47% below Arkansas

    • Osceola
    • Mississippi
    • Arkansas

  • Typical rent

    $846a month

    About the same as the county

    11% below Arkansas

    • Osceola
    • Mississippi
    • Arkansas

  • Typical household income

    $46,202a year

    12% below the county

    24% below Arkansas

    • Osceola
    • Mississippi
    • Arkansas

  • Households that own their home

    43%

    17 points below the county

    24 points below Arkansas

    • Osceola
    • Mississippi
    • Arkansas

Source: U.S. Census Bureau, Average 2020–2024

Osceola is in Mississippi 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 Mississippi County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Osceola apart

What this place has that others do not, from public data, most unusual first.

  1. 43% of households in Osceola own their home, against 60% in Mississippi County.

  2. Nearby, in Trumann, the typical rent is $586: 31% less than in Osceola ($846).

  3. The typical home in Osceola is worth $99,900, 18% less than in Mississippi County as a whole ($122,500).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Osceola

What homes there are in Osceola, 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

The detached house is still the most common home in Osceola, but it weighs less than in Mississippi County: 60% against 69%.

Year built

In Osceola, half of the homes were built before 1978; in Mississippi County, before 1977.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

HUD's 2-bedroom fair market rent (FMR) for Mississippi County is $909: about 64% of rents in Osceola are below it.

With a mortgage

$1,211 a month

Mississippi County: $1,114 a month

Without a mortgage

$491 a month

Mississippi County: $436 a month

Owners with a mortgage

39%

Mississippi County: 48%

In Osceola, 39% of owners have a mortgage, and their typical cost is $1,211 a month, against $1,114 in Mississippi County. Without one it drops to $491.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, the typical home value in Osceola rose 23%; in Mississippi County, it rose 45%.

Rents in Osceola rose at about the same pace as in Mississippi County: 32% since 2015–2019, against 31%.

Here income gained ground: typical income rose 47%, against +23% for home values and +32% for rent.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureOsceolaMississippi CountyArkansasUnited States
Rental vacancy Unreliable estimate8.3%6.4%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate1.1%0.9%
More than one person per room Unreliable estimateUnreliable estimate2.7%3.4%
People per household 2.552.482.462.53
Drive alone 78%81%79%69%
Carpool 16%12%9%9%
Public transit Unreliable estimateUnreliable estimate0%3%
Walk or bike Unreliable estimate2%2%3%
Work from home Unreliable estimate3%9%15%
Other means Unreliable estimate2%1%2%
Typical commute 10 to 19 minutes10 to 19 minutes10 to 19 minutes20 to 29 minutes

A household in Osceola has 2.55 people on average, about the same as in Mississippi County (2.48).

More people carpool to work in Osceola than in Mississippi County: 16% against 12%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Osceola?

A typical home is within reach of the typical income

We start with a typical home in Osceola, worth $99,900, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 21% of the typical household income in Osceola, which is $46,202 a year.

The calculator's FHA and conventional loan limits are those of all of Mississippi County.

Your numbers

Local data
$

Starts at the typical home value in Osceola. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $3,497 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$790

at 7.18% · 30 years

Loan amount
$98,090
Total interest
$141,129
Paid off in
November 2056

Includes $1,687 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,078 a month

    Your payment · 21%

  • Tight

    $1,078 to $1,386 a month

  • Hard

    more than $1,386 a month

Compared with the typical household income in Osceola ($46,202 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$790
Principal & interest$664
Property tax$40
Home insurance$42
FHA mortgage insurance (MIP)$44

You need at least $3,497 for the down payment, plus closing costs.

Next step

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.

The city and its county

Osceola and Mississippi County

Osceola is in Mississippi 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).

Osceola's own numbers

Typical home value
$99,900
Typical monthly rent
$846
Typical yearly household income
$46,202
Households that own their home
43%
Effective property tax rate
0.48%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Mississippi 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)
+41%
Homes in a high flood-risk zone
4.1%

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 Mississippi County.

Everything about Mississippi County

Buying

Buying a home in Osceola

A typical home in Osceola is worth $99,900: 18% below the county and 47% below Arkansas. With the typical household income in Osceola ($46,202 a year), a typical home costs 2.2 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.

  • Osceola 2.2 years
  • Mississippi 2.3 years
  • Arkansas 3.1 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Mississippi County

According to FHFA’s house price index, home prices in Mississippi County rose 58% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Mississippi County.

Period County Arkansas U.S.
Last year (2025) +2.3% +3.4% +2.9%
5 years (2020–2025) +41% +52% +47%
10 years (2015–2025) +58% +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

Osceola next to Mississippi 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
  • Osceola $99,900
  • Mississippi $122,500
  • Arkansas $188,000
  • United States $332,700
Typical monthly rent
  • Osceola $846
  • Mississippi $830
  • Arkansas $947
  • United States $1,413
Typical yearly household income
  • Osceola $46,202
  • Mississippi $52,548
  • Arkansas $60,773
  • United States $80,734
See the full table
Osceola next to Mississippi County and Arkansas
Measure Osceola Mississippi County Arkansas U.S.
Typical home value $99,900 $122,500 $188,000 $332,700
Typical monthly rent $846 $830 $947 $1,413
Typical yearly household income $46,202 $52,548 $60,773 $80,734
Households that own their home 43% 60% 66% 65%
Typical yearly property tax $481 $635 $1,040 $3,119
Effective property tax rate 0.48% 0.52% 0.55% 0.94%
Renters with high rent for their income 43% 51% 45% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Mississippi 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 Osceola

For a typical $99,900 home in Osceola, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Osceola's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $790a month

    Least cash to close
    Down payment
    $3,497
    Cash to close
    $6,494
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $44

  • Conventional, 5% down $772a month

    Down payment
    $4,995
    Cash to close
    $7,992
    Rate
    7.18%
    Mortgage insurance
    PMI · $47

  • Conventional, 20% down, no PMI $623a month

    Down payment
    $19,980
    Cash to close
    $22,977
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $715a month

    Down payment
    $14,985
    Cash to close
    $17,982
    Rate
    8.18%
    Mortgage insurance
    None

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.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Osceola and for Mississippi County.

Property tax

Effective rate in Osceola

0.48%of the home’s value each year

$481 a year for the typical owner in Osceola.

  • Osceola 0.48%
  • Mississippi 0.52%
  • Arkansas 0.55%

What Arkansas publishes Homestead property tax credit (Arkansas General Assembly (Act 174 of the 2026 Fiscal Session))

Exemptions and deadlines in Arkansas

Flood risk in Mississippi County

FEMA does not publish these numbers by city: they are for all of Mississippi County.

Homes in the high-risk zone
4.1%
640
Of those, with NFIP insurance
12%
County Arkansas U.S.
Homes in the high-risk zone 4.1% 3.4% 3.5%
Of those, with NFIP insurance 12% 17% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Osceola

Typical rent in Osceola is $846 a month: about the same as the county. In Osceola, 43% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Mississippi 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.

HUD fair market rent for all of Mississippi County

What you need to earn to pay it without spending more than 30% of income, working full time.

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 $1,173 $22.56 $46,920
4 bedrooms $1,259 $24.21 $50,360

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 Osceola

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Osceola is in ZIP code 72370.

For 2 bedrooms it is $960: $51 more than the fair market rent for Mississippi County ($909).

  • 72370 $960$1,240

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Osceola 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 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Osceola

HUD lists 6 buildings with rents for lower incomes in Osceola. These are the largest.

  • Osceola 808 E Hale Ave, Osceola 72370 360 homes, 353 low-income · Run by Housing Authority of the City of Osceola · Average payment: $323 a month · Average wait: 49 months · Homes at several sites (870) 549-3986
  • River Manor 1 River Cir, Osceola 72370 70 homes, 69 low-income · For older adults (870) 563-2021
  • Pines Cottages 2826 Juniper Drive, Osceola 72370 48 homes, 38 low-income · 3 bd: 48 · In service since 2019
  • Osceola Gardens 701 Seminole Dr, Osceola 72370 26 low-income homes · For older adults (870) 563-4919
  • Westhaven Apartments 310 Ken Dr, Osceola 72370 18 low-income homes · 1 bd: 5 · 2 bd: 10 · 3 bd: 3 · In service since 2008

See all 18 buildings in Mississippi County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Osceola

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.

There is 1 HUD-approved agency with an office in Mississippi County; 1 says it serves in Spanish.

A pregnant woman reads paperwork on the sofa while the grandmother plays with the girl on the floor.

HUD counseling is free or low-cost

Assistance programs in Osceola

No down payment, repair or rent-help program on our list is for Osceola or Mississippi County. The ones below are statewide in Arkansas: they work in Osceola the same as in the rest of the state.

Which programs do I qualify for? All programs in Arkansas

  • ADFA Down Payment Assistance Loan Program

    Statewide in Arkansas

    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).

    Repayable

    See the program Official page

Housing counselors near Osceola

The HUD-approved agencies closest to the center of Osceola, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Mississippi County, Arkansas Economic Opportunity Commission, Inc.

    1400 North Division Street, Blytheville · 18 miles away · Spanish

    Also serves in American Sign Language (ASL).

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 8 more
    870-776-1054-1032

  • Southern Bancorp Community Partners

    326 Highway 463 N, Trumann · 30 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 6 more
    (870) 816-1126

  • Southern Bancorp Community Partners

    425 Plaza, West Helena · 87 miles away

    Also serves in other languages.

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 6 more
    (870) 816-1126

Every agency in Mississippi County All counseling agencies in Arkansas

Help in Spanish near Osceola

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Osceola

HUD’s record names them for Osceola or Mississippi County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Housing Authority of the City of Osceola Public housing (870) 549-3986
  • Mississippi County Public Facilities Board Section 8 vouchers (870) 563-2660

6 other authorities have an office in Mississippi County: see the list Source: HUD

Cities

Other cities in Mississippi County

These cities are also in Mississippi County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Mississippi County Housing in Arkansas

Nearby cities

The cities closest to Osceola, with the typical home value.

Neighboring counties

If Mississippi County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Osceola.

All guides
A family walks a boardwalk trail in the forest; one of them uses a wheelchair.

Questions

Housing questions about Osceola

Short answers with the numbers for Osceola and all of Mississippi 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 Osceola?

The typical home value in Osceola is $99,900, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Mississippi County it is $122,500.

How much does it cost to rent in Osceola?

Typical rent in Osceola is $846 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Mississippi County is $909.

What is the FHA loan limit in Osceola?

Osceola uses the FHA limit for all of Mississippi 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 Osceola?

The typical homeowner in Osceola pays $481 a year, according to the U.S. Census Bureau. That is 0.48% of the home’s value; in Mississippi County, the rate is 0.52%.

Where can I find free help to buy or rent in Osceola?

There is 1 HUD-approved counseling agency with an office in Mississippi County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).