Mortgage Rates in Fayetteville, Arkansas — March 2026
Updated March 2026 | Based on Fayetteville market data and regional lending conditions
Fayetteville is a growing city in Arkansas with a population of 93,949. The current 30-year fixed mortgage rate in Fayetteville is 6.75%, which is 0.1% above the national average. With a median home price of $295,000 and a 20% down payment of $59,000, homebuyers can expect a monthly principal and interest payment of approximately $1,531.
Current Mortgage Rates in Fayetteville, AR
Below are the current average mortgage rates available in the Fayetteville area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.75% | 6.65% | +0.1% |
| 15-Year Fixed | 5.99% | 5.89% | +0.1% |
| 5/1 ARM | 6.25% | 6.15% | +0.1% |
| FHA | 6.35% | 6.25% | +0.1% |
| VA | 6.15% | 6.05% | +0.1% |
| Jumbo | 6.95% | 6.85% | +0.1% |
Fayetteville Housing Market Overview
The Fayetteville housing market offers relatively affordable housing compared to many major cities. The median household income in Fayetteville is $45,250, and the cost of living index is 89.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $72,129 to comfortably afford the median-priced home in Fayetteville, which exceeds the current median household income.
Monthly Payment Breakdown for Fayetteville
Based on the median home price of $295,000 with 20% down ($59,000), here is what you can expect to pay monthly in Fayetteville:
15-Year vs. 30-Year Mortgage in Fayetteville
Choosing a 15-year mortgage in Fayetteville at 5.99% instead of a 30-year at 6.75% would save you $192,960 in total interest over the life of the loan. However, your monthly payment would be $1,990 instead of $1,531 — an increase of $459 per month.
Calculate Your Fayetteville Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Fayetteville
What are the current mortgage rates in Fayetteville, AR?
As of March 2026, the average 30-year fixed mortgage rate in Fayetteville, Arkansas is 6.75%, while the 15-year fixed rate is 5.99%. FHA loans average 6.35% and VA loans 6.15%. These rates are 0.1% above the national average of 6.65%.
How much is a monthly mortgage payment in Fayetteville?
Based on the median home price of $295,000 with 20% down, the estimated monthly mortgage payment in Fayetteville is $1,531 for principal and interest. Including property taxes of $152/month, the total monthly housing cost is approximately $1,683.
What income do I need to buy a home in Fayetteville?
Using the 28% rule, you would need an annual income of approximately $72,129 to afford the median-priced home in Fayetteville at $295,000. The median household income in Fayetteville is $45,250. This means most households would need to either earn above the median or consider homes below $295,000.
Is Fayetteville a good place to buy a home in 2026?
Fayetteville offers a below-average cost of living with a cost of living index of 89.5 (national average = 100). The property tax rate in Arkansas is 0.62%, which is below the national average. Fayetteville has a population of 93,949 and offers a very affordable lifestyle.
Mortgage Rates in Other Arkansas Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Fayetteville, Arkansas area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.