Housing in Texarkana
Detailed housing data — sourced from authoritative datasets and normalized for direct comparison.
Housing in Texarkana, Arkansas
The housing market in Texarkana, Arkansas, is characterized by its affordability compared to national averages. The median property value in Texarkana was $170,200 in 2024, which is significantly lower than the national average. The homeownership rate in Texarkana is 54.7%, slightly below the national average.
For renters, the average rent for an apartment in Texarkana is around $899 per month as of September 2026. One-bedroom apartments average $740 per month, while two-bedroom apartments average $884 per month. Rent prices have seen a 3.4% increase over the past year, averaging an additional $26 per month. The city offers a mix of apartments and single-family homes, with rental options generally starting in the $700-$800 range for one-bedroom units.
Housing
About Texarkana, Arkansas
Texarkana, Arkansas, a city with a unique dual-state identity, is situated on the southwest border of Arkansas, adjacent to Texarkana, Texas. Founded in 1873 at a crucial railroad intersection, the city has grown into a regional hub known for its blend of Southern hospitality and strategic location. People are often drawn to Texarkana for its relatively affordable cost of living and a community-oriented environment. The city serves as the county seat of Miller County and is a principal city within the Texarkana metropolitan area.
Its character is shaped by its history as a railroad town and its position as a crossroads between Arkansas and Texas. This unique geography influences everything from its economy to its culture. Despite a projected slight population decline, Texarkana offers a small-city charm with access to amenities and a slower pace of life compared to larger metropolitan areas.
About Arkansas
Arkansas, known as "The Natural State," offers diverse geography from the Ozark and Ouachita Mountains to the Mississippi River Delta, fostering a relaxed, nature-oriented lifestyle. The economy, historically rooted in agriculture with rice and poultry as leading products, has diversified to include significant contributions from manufacturing (food products, chemicals, wood and paper products, aerospace parts) and a growing service sector, largely influenced by Walmart's presence. Living in Arkansas is generally affordable, with a cost of living consistently below the national average, particularly for housing. The state experiences a humid subtropical climate with mild winters and hot, humid summers, and while property taxes are low, sales taxes can be high.