The typical owner-occupied home in Rudy is worth about $227,100, 21% above the Arkansas median of $188,000 and 32% below the national median of $332,700. Owners pay a median $1,534 a year in property taxes, about 0.68% of their home's value, higher than the Arkansas rate of 0.55%. The median household earns $56,181 a year, so the median home costs 4.0 times the median income (3.1 times for Arkansas). 91% of occupied homes here are lived in by their owners, and 34% of those owners still have a mortgage.
Rudy at a glance
| Rudy | Arkansas | U.S. | |
|---|---|---|---|
| Median home value | $227,100 | $188,000 | $332,700 |
| Median property tax paid per year | $1,534 | $1,040 | $3,119 |
| Property tax as a share of value | 0.68% | 0.55% | 0.94% |
| Median household income | $56,181 | $60,773 | $80,734 |
| Homes lived in by their owners | 91% | 66% | 65% |
| Owner homes with a mortgage | 34% | 53% | 61% |
| Median monthly costs, owners with a mortgage | $961 | $1,345 | $1,963 |
| Those costs as a share of the owners' income | 16.7% | 18.5% | 21.0% |
| Median rent | – | $947 | $1,413 |
| Median year homes were built | 1968 | 1987 | 1980 |
| Vacant homes | 0.0% | 13.5% | 10.1% |
| Population | 178 | 3,049,391 | 334,922,499 |
What a typical home costs per month in Rudy
At this week's average 30-year rate of 7.11%, buying the median Rudy home of $227,100 with 20% down costs about $1,445 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,824, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $61,950 for the 20%-down payment. That payment is 31% of the median Rudy household income of $56,181; at that income and 20% down, the 28% guideline points to a home of about $206,000.
| Down payment | $45,420 |
|---|---|
| Loan amount | $181,680 |
| Principal and interest | $1,222 |
| Property taxes (0.68% a year) | $129 |
| Homeowners insurance (our estimate, 0.5% a year) | $95 |
| PMI | $0 |
| Total per month | $1,445 |
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| Down payment | $7,948 |
|---|---|
| Loan amount | $222,987 |
| Principal and interest | $1,500 |
| Property taxes (0.68% a year) | $129 |
| Homeowners insurance (our estimate, 0.5% a year) | $95 |
| FHA mortgage insurance | $100 |
| Total per month | $1,824 |
Change the numbers in the calculator
Questions about home buying in Rudy
What is the median home value in Rudy?
About $227,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Rudy?
Homeowners pay a median $1,534 a year, which is about 0.68% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Rudy?
For the median home with 20% down at 7.11%, the payment is about $1,445 a month. Keeping that under 28% of gross income takes about $61,950 a year.
More about Rudy
- Mortgage Refinance in Rudy
- Debt Relief in Rudy
- Home Equity Loans in Rudy
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data