Paragould, AR
Landlord insurance in Paragould, Arkansas
Local rental data and insurance guidance for Paragould property owners. A quote is not a binder.
Owners who rent out property in Paragould, Greene County, are working in a market where 43% of occupied homes are rentals. The city counts about 30,680 residents; Arkansas as a whole has a renter share of 34%.
Census snapshot: Paragould housing
| Measure | Paragould | Arkansas |
|---|---|---|
| Renter-occupied homes | 43% (5,067) | 34% |
| Median owner-occupied home value | $181,500 | $188,000 |
| Median gross rent | $925/mo | $947/mo |
| Median year structure built | 1991 | 1987 |
| Homes in 2–4 unit buildings | 15% | 6% |
| Single-family homes (detached or attached) | 71% | 72% |
Figures from the U.S. Census Bureau (ACS 2020–2024 five-year estimates; 2024 population estimates).
What home values in Paragould mean for your dwelling limit
The median owner-occupied home in Paragould is valued at about $181,500, in line with the Arkansas median of $188,000. Market value includes land, so it is only a starting point: your dwelling limit should reflect what it would cost to rebuild the structure.
For context, the NAIC reported that Arkansas dwelling-fire policies insuring $150,000 to $199,999 averaged $899 a year in 2023, against a statewide dwelling-fire average of $571. Those are owner-occupied dwelling-form figures, not landlord quotes.
How much rent to protect in Paragould
The Census median gross rent for Paragould, $925 per month, is a reasonable starting point for fair rental value. At that rate, 12 months is about $11,100 per unit.
Building age and underwriting in Paragould
With a median year built of 1991, many Paragould rentals are reaching the age where original roofs, water heaters, and HVAC units are replaced. Note those dates on your request.
Single-family, small multi-unit, and apartments in Paragould
Two-to-four-unit buildings make up about 15% of Paragould's housing, well above many places. Duplexes and fourplexes can usually stay on dwelling forms; see our duplex and fourplex guide for shared-area and per-unit rent questions.
Comparing Paragould to neighboring cities
Nearby Little Rock reports 46% renter households and a $236,400 median home value, so proportionally more renters than Paragould. For comparison, Fayetteville comes in at 58% rented and $349,600 median value, with median rent of $1,065. Fort Smith has a renter share of 47% with homes valued around $178,100 at the median. Among the 20 largest Arkansas cities we profile, Paragould ranks 13 for renter share. Manufactured and mobile homes make up about 6% of Paragould's housing, and many dwelling programs underwrite those separately. Roughly 7% of homes in Paragould are in buildings of five or more units, the point where most owners move to commercial apartment policies.
Weather and property risks for Paragould rentals
In Paragould, think about tornadoes and straight-line wind first, then large hail. Both appear frequently in Arkansas property claims and can change which policy form and deductible make sense.
Hazard themes reflect FEMA’s National Risk Index and NOAA’s Storm Events Database; check the index for your specific county.
Your Paragould quote checklist
- Current insurer and any losses in five years
- Lender name for the mortgagee clause
- Desired liability limit and loss-of-rents amount
- Street address in Paragould and number of units
- When the building went up and when the roof was last replaced
- How it is occupied today, including any vacancy or short-term use
- Any system updates, with years
Request a Paragould landlord quote
Questions from Paragould rental owners
How many renters live in Paragould?
About 43% of occupied homes in Paragould, roughly 5,067 households, are renter-occupied according to the 2020–2024 American Community Survey.
Is landlord insurance required in Paragould?
Arkansas law does not require landlord insurance, but lenders usually require property coverage, and many leases, HOAs, and property managers require liability coverage.
What is a typical landlord premium in Paragould?
It depends on the building, coverage, and deductible. For background, the NAIC reported a 2023 Arkansas dwelling-fire average of $571; see our Arkansas page for the full table.
More landlord pages near Paragould
Landlord insurance in Arkansas · Cost by state
Last updated October 15, 2026. Sources and method: how we research.