$1,100 Per Month
- 3 Beds
- 2 Baths
- 1,312 Sq Ft
- Condo for Rent
1803 Ingalls Ln Unit A, Alma, AR 72921
Frequently Asked Questions
How much does it cost to rent a home in Alma, AR?
The median rent for a home in Alma, AR is $1,200 per month, though prices vary by neighborhood, size, and property type. As of July 2026, townhouses tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Alma, AR?
To comfortably afford the median rent in Alma, AR, a household needs to earn roughly $48,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,200 per month in Alma, AR, renters typically need to show $3,600 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Alma, AR?
In Alma, AR, the price-to-rent ratio is 17.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Alma, AR are best for renting a home?
The best neighborhood for renting in Alma, AR depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Massard, South Fort Smith, Fianna Hills, Downtown Fort Smith and Cavanaugh, each with its own character and price range.
