8 Most Affordable Towns to Retire in Arkansas
Finding a place with reasonably priced real estate and a good standard of living can be taxing, especially when taking into account the amenities needed when retiring. Essential factors to consider when searching for the perfect place to retire include affordable housing alternatives, convenient access to facilities, and a cost of living that won't break the bank. Arkansas provides affordable access to many charming natural areas and small towns. These eight small towns in Arkansas stand out from the crowd and are perfect for seniors seeking a secure and fulfilling retirement.
Clarksville
Many are drawn to the town of Clarksville due to its inexpensive housing and natural beauty. The median listing price sits around $200,000 (according to realtor.com) which is lower than the state average (of around $250,000) and national average ( around $400,000). This allows retirees to live fulfilling lives free from financial concerns.
All of Clarksville's recreational offerings, like leisurely hikes in the Ozark National Forest, are combined with a charming small-town atmosphere. Clarksville Aquatic Center offers a cool sanctuary for those looking for a swim. Retirees can rest easy knowing there is a dependable and large hospital nearby. Johnson Regional Medical Center ensures efficient care right in town.
Mountain Home
Mountain Home possesses a wide array of outdoor and indoor activities, reasonably priced housing (with median listing prices around $250,000), and cheap living expenses, which come with breathtaking natural beauty. Mountain Home is perfect for people looking for a quiet retirement community that welcomes families.
Bull Shoals-White River State Park's stunning beauty and clean air are fitting for retirees searching for a community with something to do. Retirees can stop by Recall When Antiques & More Mall and Earl's Antique Mall, two of the town's well-known antique retailers in the quaint downtown neighborhood, for a day of shopping.
Baxter Regional Medical Center, a well-regarded institution with a 72% patient satisfaction record, is conveniently located in Mountain Home. This means that locals can be sure they will receive excellent care.
Arkadelphia
A lively neighborhood with reasonably priced living can be difficult to find. However, retirement in Arkadelphia is an excellent choice for seniors and their families, with median home listing prices at an affordable $189,000.
The neighborhood of Arkadelphia has a ton of outdoor entertainment choices to choose from. Hot Springs National Park, DeGray Lake State Park, and live music at Slim and Shorty's in the vibrant downtown area are just a few of the many activities available without leaving the town. Rest assured, retirees can also feel at ease about the availability of healthcare, with the Baptist Health Medical Center-Arkadelphia right in town.
Malvern
As a friendly, compassionate town, Malvern is certainly a top contender for a place to retire. A key determining factor is how Malvern has a low median home listing price of $170,000, making living here affordable for singles as well as families. Malvern is also home to the Baptist Health Medical Center for added reassurance.
Malvern welcomes its visitors and locals to take part in yearly events like The Malvern Brickfest and enjoy outdoor adventures in neighboring parks and recreation areas like the Ouachita National Forest and Centennial Park.
Van Buren
Van Buren is a town that does not lack a rich history. Dating back to the 19th century, it has well-preserved Victorian architecture and a charming downtown area filled with antique shops, art galleries, and cozy cafes. With median home listing prices around $228,000, Van Buren offers an affordable option.
Retirees looking for a peaceful walk among nature at Lee Creek Trails, while those seeking cultural experiences, can visit the King Opera House for performances. Downtown also offers local shops like Chapters on Main for book lovers.
In case of emergency, Van Buren conveniently has a large general hospital, Baptist Health, along with other options only in the next town over, making this town perfect for those with medical needs.
Bryant
Bryant is a great place to look into for those hoping to retire in a family-friendly area. For retirees who have families and grandchildren, the town's variety of parks, along with the outdoor and indoor recreational areas, is fitting. In town there is the Bryant Medical Clinic, and in nearby Little Rock, there is the Arkansas Heart Hospital, a sizable and well-regarded hospital.
The town offers affordable housing, with median home listing prices at $325,000, making it an attractive choice for individuals and families seeking economic stability without sacrificing comfort. Outdoor enthusiasts can explore Pinnacle Mountain State Park's natural beauty, stretching their legs, breathing fresh air, and getting amazing unobstructed views of the city and surrounding countryside.
Jasper
Access to reasonably priced housing with a breathtaking view is not too much to ask for in Jasper, Arkansas. The town has a median home listing price of $425,000, which is a bit higher than other towns, but well worth the price for the view. Retirees wishing to treat their families to a scenic picnic or a quick game of catch can visit Bradley Park and Little Buffalo River for fishing or a dip in the water.
Jasper undoubtedly has its advantages by having an accessible hospital, the nearby North Arkansas Regional Medical Center (in Harrison), and the Newton County Family Practice, which offers medical care within the comfort of the town.
Bentonville
Bentonville, Arkansas, hosts many festivals and events each year, such as Fresh Grass, a bluegrass and roots music festival. Within close walking distance, locals often visit Crystal Bridges Museum of American Art to view art, and then to Compton Gardens and Arboretum to gaze at the vibrant flora. Bentonville Square, the historic downtown district, has many quaint stores, galleries, and restaurants enhanced by the local produce and handcrafted goods available at the Bentonville Farmer's Market.
Convenient access to healthcare is provided at the Mercy Hospital Northwest Arkansas in nearby Rogers. Fortunately, inexpensive living includes access to all of these conveniences. Median home listing prices are a bit higher than in other towns, at $590,000 (as of March, 2024), but for those not looking to buy, rent is much more affordable at under $1,200 a month.
Investing in the right places for retirement is crucial and should not be taken lightly. Affordability and safety are key factors that make these towns ideal for retirement living. Whether fishing at a nearby lake, exploring scenic trails, or attending local festivals and cultural events, retirees in Arkansas have plenty of options to stay engaged and entertained. These towns guarantee retired individuals can live well into their senior years thanks to their low crime rates, accessible, high-quality healthcare, and inexpensive cost of living.
