Mortgage Rates in North Little Rock, Arkansas — March 2026
Updated March 2026 | Based on North Little Rock market data and regional lending conditions
North Little Rock is a growing city in Arkansas with a population of 64,591. The current 30-year fixed mortgage rate in North Little Rock is 6.88%, which is 0.23% above the national average. With a median home price of $182,000 and a 20% down payment of $36,400, homebuyers can expect a monthly principal and interest payment of approximately $957.
Current Mortgage Rates in North Little Rock, AR
Below are the current average mortgage rates available in the North 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 | 6.88% | 6.65% | +0.23% |
| 15-Year Fixed | 6.09% | 5.89% | +0.2% |
| 5/1 ARM | 6.33% | 6.15% | +0.18% |
| FHA | 6.56% | 6.25% | +0.31% |
| VA | 6.31% | 6.05% | +0.26% |
| Jumbo | 7.13% | 6.85% | +0.28% |
North Little Rock Housing Market Overview
The North Little Rock housing market offers relatively affordable housing compared to many major cities. The median household income in North Little Rock is $46,800, and the cost of living index is 86.6 (national average = 100). Based on the 28% affordability rule, the median income in North Little Rock is sufficient to afford the median-priced home.
Monthly Payment Breakdown for North Little Rock
Based on the median home price of $182,000 with 20% down ($36,400), here is what you can expect to pay monthly in North Little Rock:
15-Year vs. 30-Year Mortgage in North Little Rock
Choosing a 15-year mortgage in North Little Rock at 6.09% instead of a 30-year at 6.88% would save you $122,040 in total interest over the life of the loan. However, your monthly payment would be $1,236 instead of $957 — an increase of $279 per month.
Calculate Your North 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 North Little Rock
What are the current mortgage rates in North Little Rock, AR?
As of March 2026, the average 30-year fixed mortgage rate in North Little Rock, Arkansas is 6.88%, while the 15-year fixed rate is 6.09%. FHA loans average 6.56% and VA loans 6.31%. These rates are 0.23% above the national average of 6.65%.
How much is a monthly mortgage payment in North Little Rock?
Based on the median home price of $182,000 with 20% down, the estimated monthly mortgage payment in North Little Rock is $957 for principal and interest. Including property taxes of $88/month, the total monthly housing cost is approximately $1,045.
What income do I need to buy a home in North Little Rock?
Using the 28% rule, you would need an annual income of approximately $44,786 to afford the median-priced home in North Little Rock at $182,000. The median household income in North Little Rock is $46,800. The median income is currently sufficient to meet this threshold.
Is North Little Rock a good place to buy a home in 2026?
North Little Rock offers a below-average cost of living with a cost of living index of 86.6 (national average = 100). The property tax rate in Arkansas is 0.58%, which is below the national average. North Little Rock has a population of 64,591 and offers a very affordable lifestyle.
Mortgage Rates in Other Arkansas Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the North 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.