Mortgage Rates in Little Rock, Arkansas — March 2026
Updated March 2026 | Based on Little Rock market data and regional lending conditions
Little Rock is a mid-sized city in Arkansas with a population of 202,591. The current 30-year fixed mortgage rate in Little Rock is 6.75%, which is 0.1% above the national average. With a median home price of $195,000 and a 20% down payment of $39,000, homebuyers can expect a monthly principal and interest payment of approximately $1,012.
Current Mortgage Rates in Little Rock, AR
Below are the current average mortgage rates available in the Little Rock 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% |
Little Rock Housing Market Overview
The Little Rock housing market offers relatively affordable housing compared to many major cities. The median household income in Little Rock is $48,825, and the cost of living index is 85.5 (national average = 100). Based on the 28% affordability rule, the median income in Little Rock is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Little Rock
Based on the median home price of $195,000 with 20% down ($39,000), here is what you can expect to pay monthly in Little Rock:
15-Year vs. 30-Year Mortgage in Little Rock
Choosing a 15-year mortgage in Little Rock at 5.99% instead of a 30-year at 6.75% would save you $127,440 in total interest over the life of the loan. However, your monthly payment would be $1,316 instead of $1,012 — an increase of $304 per month.
Calculate Your Little Rock 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 Little Rock
What are the current mortgage rates in Little Rock, AR?
As of March 2026, the average 30-year fixed mortgage rate in Little Rock, 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 Little Rock?
Based on the median home price of $195,000 with 20% down, the estimated monthly mortgage payment in Little Rock is $1,012 for principal and interest. Including property taxes of $101/month, the total monthly housing cost is approximately $1,113.
What income do I need to buy a home in Little Rock?
Using the 28% rule, you would need an annual income of approximately $47,700 to afford the median-priced home in Little Rock at $195,000. The median household income in Little Rock is $48,825. The median income is currently sufficient to meet this threshold.
Is Little Rock a good place to buy a home in 2026?
Little Rock offers a below-average cost of living with a cost of living index of 85.5 (national average = 100). The property tax rate in Arkansas is 0.62%, which is below the national average. Little Rock has a population of 202,591 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 Little Rock, Arkansas area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.