The average cost of homeowners insurance in Arkansas is way below the national average of $1,445 per year (2020). Arkansas is the 33rd most expensive state in the United States for homeowners insurance. This makes it more affordable than a whooping 32 states out of 50 states in the United States. Homeowners insurance rates in Arkansas are one of the most affordable homeowners insurance in Arkansas. If you are a homeowner in Arkansas without a homeowners insurance policy, you are missing out on cheap protection for your home. Arkansas is prone to natural disasters like hurricane and tornado, more reason for you to get that cheap homeowners insurance in Arkansas. The rate is not fixed and varies from city to city. The impressively low rate of homeowners insurance in Arkansas is a reflection of several factors such as its low property crime, The burglary count in Arkansas is 22,640, and the theft count is 68,424. Arkansas is often associated with other midwestern states that are prone to natural disasters. The cheapest city for homeowners insurance in Arkansas are Lowell and Bella Vista with an annual rate of $1,126. The costliest city for homeowners insurance in Arkansas is Pine Bluff with a yearly rate of $1,395. In the Land of Opportunity State, the average annual price of homeowners insurance is $1,348. The average monthly price of homeowners insurance in Arkansas is $112.3. The percentage of homeowners occupied units spending 30% or more on rent and utilities in Arkansas is 39.5%, ranking it as the 45th state with the lowest rate.