Mena, Polk County, AR

Median Home Price Price

$187,927 $187.9K

Median Monthly Rent Rent

$830 $830

19.0x

Market Snapshot

Mena, Polk County, AR is a city market with a median home price of $187,927, a median monthly rent of $830, a GRM of 19.0x, and a price-to-rent ratio of 18.9.

More markets to explore

01 Cove, Polk County, AR
Top recommendation Nearby alternative Lower GRM Lower price Similar rent
High confidence
Price $163K
Rent $839
GRM 16.0x
Explore the data
Region Show
Cove
$163K $839 16.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Dover, Pope County, AR Explore deeper
$212K $1.0K 17.0x
Magazine, Logan County, AR Explore deeper
$170K $964 15.0x
Hector, Pope County, AR
$188K $986 16.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Fulton, Fulton County, IN Explore deeper
$111K $889 10.0x
Melrose, Monroe County, IA
$166K $901 15.0x
Fort Payne, De Kalb County, AL
$198K $827 20.0x

Home prices

Monthly rent

GRM = home price / annual rent

Mena

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Benchmark comparison

Rent in Mena, AR is 1.1% lower than Cove, AR.

Compare to Cove, AR
Mena, AR
Cove, AR
Delta
Median rent
$830
$839
+$9
Median price
$187,927
$162,953
-$24,974
YoY change
+$69
+$54
-$15
Price-to-rent
18.9x
16.2x
-2.7x

Key takeaways

  • Mena, Polk County, AR has a higher-grm screening profile: At 19.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $69 year over year.
  • Rent in Mena, AR is 1.1% lower than Cove, AR.