Side-by-side comparison of home prices, mortgage payments, and housing costs between Conway and Rogers, Arkansas. Using Arkansas's 0.62% property tax rate and $2,500/year insurance. Updated for 2026.
Conway edges out Rogers in affordability, saving you roughly $395/month on total housing costs. Both cities are in Arkansas, so property tax rates and insurance costs are the same — the difference comes down to home prices and what you get for your money in each market.
Estimated PITI payments assuming 10% down, 6.5% rate, 30-year fixed mortgage with PMI. Uses Arkansas's 0.62% property tax rate.
Buying in Conway saves you approximately $395/month ($4,740/year) compared to Rogers, based on median home prices with identical loan terms.
Conway is the better choice for first-time buyers, with a median price of $225K versus $285K in Rogers. That's $60K less to save for a down payment. You'd need roughly $8K for an FHA 3.5% down payment in Conway, compared to $10K in Rogers. Arkansas offers the ADFA Down Payment Assistance program (Up to $15,000 DPA) which applies in both cities.
Conway has the better price-to-rent ratio at 18.4x versus 21.2x in Rogers. A lower ratio generally signals better rental income relative to purchase price. Average rent in Conway is $1,020/month on a $225K median home, making it a stronger candidate for buy-and-rent investors.
Rogers (pop. 70,753) offers more amenities, schools, and services typical of a larger city, while Conway (pop. 67,336) may offer a quieter, more community-oriented lifestyle. Families on a budget may prefer Conway, where lower housing costs free up more income for childcare, education, and savings.