Elm Springs: Housing & Real Estate
Homes in Elm Springs carry a median value of $460,100 (estimated market value runs 20% higher at $552,489), with median rent $1,321 (1.2× higher than Washington County median $1,071; 1.4× higher than Arkansas median $947). Homeownership rate: 92.5%. That's 1.5× higher than the Washington County median ($298,400); 2.4× higher than the Arkansas median ($188,000). Market is hot. Vacancy rate 1.7%. New construction makes up 35.0% of stock. A municipal building code is in effect.
- 3.5× annual income — home value vs. household income (vs Arkansas 3.1×).
- 29.0 years to break even renting at the median (vs Arkansas 16y).
- 4-BR rent is 2.2× a studio — rent gradient by unit size.
Home Values & Rent
Median home value $460,100 — 2.4× the Arkansas median ($188,500). Median rent $1,321/month. homeownership rate 92.5% — above the U.S. share of ~65%.
| Affordability · Home Price To Income | 3.5× |
|---|---|
| Affordability · Home Affordability | moderate |
| Affordability · Rent Pct Income | 8.3% |
| Affordability · Rent Affordability | affordable |
| Affordability · Pct Severely Rent Burdened | 8.5% |
| Affordability · Poverty Rate | 11.3% |
| Affordability · Property Tax Pct Income | 1.6% |
| Fair Market Rent · Studio rent | $1,007 (vs Arkansas $984) |
| Fair Market Rent · One-bedroom rent | $1,115 (vs Arkansas $989) |
| Fair Market Rent · Two-bedroom rent | $1,347 (vs Arkansas $1,147) |
| Fair Market Rent · Three-bedroom rent | $1,873 (vs Arkansas $1,540) |
| Fair Market Rent · Four-bedroom rent | $2,213 (vs Arkansas $1,822) |
| Fair Market Rent · HUD FMR area | Fayetteville-Springdale-Rogers, AR MSA |
| Fair Market Rent · Fiscal year | FY2026 |
| Home Value Estimate | $552,489 |
| Median Home Value | $460,100 (vs Arkansas $188,500) |
| Median Rent | $1,321 (vs Arkansas $968) |
Sources: HUD FMR FY2026 · Census ACS 5-Year 2023, B25077 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Tenure & Occupancy
Owner-occupied vs renter-occupied housing units, plus vacancy rates.
| Housing Market · Market temperature | hot |
|---|---|
| Housing Market · Vacancy rate | 1.7% |
| Housing Market · New construction (% of stock) | 35.0% |
| Housing Market · Price Appreciation 2Yr | 27.0% |
Utilities
Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).
Systems (5)
| Broadband · % of premises with 25/3 Mbps broadband | 100.0% (at Arkansas median) |
|---|---|
| Broadband · % of premises with 100/20 Mbps broadband | 100.0% (at Arkansas median) |
| Broadband · % of premises with 250/25 Mbps broadband | 100.0% (at Arkansas median) |
| Broadband · % of premises with 1 Gbps / 100 Mbps broadband | 95.0% (vs Arkansas 78.6%) |
| Broadband · Broadband-capable premises | 1,189 |
| Electricity · Electricity rate (¢/kWh) | 12.32¢/kWh |
| Electricity · Customers | 1476944 |
| Electricity · Revenue Millions | $2,289 |
| Electricity · Year | 2024 |
| Mobile Broadband · 3G mobile coverage | 0.000000000 |
| Mobile Broadband · 4G mobile coverage | 1.000000000 (at Arkansas median) |
| Mobile Broadband · 5G mobile coverage | 1.000000000 (at Arkansas median) |
| Mobile Home Parks Detail · County total | 7 |
Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · HIFLD / IRS BMF · Refreshed 2026-04-12
Other
| Homeownership Rate | 92.5% (vs Arkansas 54.3%) |
|---|---|
| Median Year Built | 2004 |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12