Housing in Polk County

The inside story on rent prices
Source: US Census Bureau - ACS 5 Yr 2024

Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.

Rent in Polk County averages $711/month for a 2‑bedroom in 2024, compared to the Arkansas median of $947 and the national median of $1,413. Local renters spend approximately 23% of household income on rent, below the national average of 32%.

HUD 2026 50th Percentile Rent Estimates for Polk County FMR Area are $669 for a studio, $733 for 1‑bedroom, $935 for 2‑bedroom, $1,121 for 3‑bedroom, and $1,238 for 4‑bedroom.

HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $224 increase for a 2-bedroom in Polk County shows a 32% rise over that period.

The U.S. Bureau of Labor Statistics annual unemployment rate for Polk County was 4.3% in 2024, compared to Arkansas at 3.5% and the national rate of 4.0%.

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Towns near Cove

City
County
State
Miles
Scott
AR
1.4
Scott
AR
8.2
Scott
AR
9.3
Scott
AR
13.7
Scott
AR
17.9
Polk
AR
22.3
Montgomery
AR
23.8
Polk
AR
23.9
Montgomery
AR
25.4
Montgomery
AR
28.2
Polk
AR
31.9
Montgomery
AR
34.1
Polk
AR
35.2
Montgomery
AR
36.3
Polk
AR
36.6
Montgomery
AR
37.2
Montgomery
AR
38.4
Polk
AR
42.3
Polk
AR
46.8

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