Arkansas Rental Market Trends
What is the average rent in Arkansas?
The average rent for an apartment in Arkansas is $1,093. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Arkansas
Last updated November 2024
| Average Rent | Average Apartment Size |
|---|---|
| $1,093 | 888 sq. ft. |
What is the average apartment size in Arkansas?
The average size for an Arkansas apartment is 888 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Arkansas apartment rent ranges
Arkansas Occupied Housing Units
395,738 or 34% of the households in Arkansas are renter-occupied while 775,956 or 66% are owner-occupied.
Arkansas rent trends
Average Rent in Arkansas By City
| City | Average Rent |
|---|---|
| Alexander | $1,448 |
| Shannon Hills | $1,448 |
| Fayetteville | $1,431 |
| Bentonville | $1,281 |
| Rogers | $1,176 |
| Maumelle | $1,109 |
| Springdale | $1,080 |
| Little Rock | $1,051 |
| North Little Rock | $1,051 |
| Cabot | $1,048 |
| Bryant | $1,045 |
| Marion | $1,033 |
| Conway | $943 |
| Benton | $935 |
| Sherwood | $909 |
| Fort Smith | $823 |
| Van Buren | $798 |
| Jacksonville | $724 |
| West Memphis | $717 |
| Greenwood | $688 |
| Alma | $553 |
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What are the most affordable cities in Arkansas?
The most affordable cities in Arkansas are Alma, where the average rent goes for $553/month, Greenwood, where renters pay $688/mo on average, and West Memphis, where the average rent goes for $717/mo. If you’re looking for other great deals, check out the listings from Jacksonville ($724), Van Buren ($798), and Fort Smith ($823), where the asking prices are below the average Arkansas rent of $1,093/mo.
What are the most expensive cities in Arkansas?
The most expensive cities in Arkansas are Fayetteville ($1,431), Alexander ($1,448) and Shannon Hills ($1,448).
What are the most popular cities in Arkansas?
The most popular city in Arkansas is Little Rock, where there are 76 listings with an average rent of $1,051. Next up is Fayetteville, where apartments go for $1,431/month, followed by Rogers with $1,176 If you’re looking to rent in Arkansas’s most popular cities, make sure to also check out Bentonville, where renters pay $1,281 on average, and Conway, where the average monthly rent is $943.
Arkansas | Rent Comparison by City
Rent in Alexander is 162% higher than in Alma
$1,448
Alexander rent is 33% higher than Arkansas average
Average Rent
$1,448
$553
Alma rent is 49% lower than Arkansas average
Average Rent
$553
How Arkansas Compares to Other States
| State | Average Rent | Average Apartment Size |
|---|---|---|
| Alabama | $1,288 | 987 sq. ft. |
| Alaska | $1,482 | 702 sq. ft. |
| Arizona | $1,575 | 849 sq. ft. |
| Arkansas | $1,093 | 888 sq. ft. |
| California | $2,587 | 853 sq. ft. |
| Colorado | $1,884 | 871 sq. ft. |
| Connecticut | $2,044 | 891 sq. ft. |
| Delaware | $1,646 | 916 sq. ft. |
| District of Columbia | $2,474 | 747 sq. ft. |
| Florida | $1,955 | 973 sq. ft. |
| Georgia | $1,608 | 1,015 sq. ft. |
| Hawaii | $2,668 | 845 sq. ft. |
| Idaho | $1,607 | 915 sq. ft. |
| Illinois | $1,944 | 835 sq. ft. |
| Indiana | $1,293 | 905 sq. ft. |
| Iowa | $1,220 | 895 sq. ft. |
| Kansas | $1,243 | 903 sq. ft. |
| Kentucky | $1,287 | 930 sq. ft. |
| Louisiana | $1,235 | 916 sq. ft. |
| Maine | $1,971 | 840 sq. ft. |
| Maryland | $1,859 | 903 sq. ft. |
| Massachusetts | $2,837 | 887 sq. ft. |
| Michigan | $1,346 | 915 sq. ft. |
| Minnesota | $1,558 | 888 sq. ft. |
| Mississippi | $1,305 | 1,011 sq. ft. |
| Missouri | $1,273 | 898 sq. ft. |
| Montana | $1,605 | 868 sq. ft. |
| Nebraska | $1,285 | 934 sq. ft. |
| Nevada | $1,525 | 902 sq. ft. |
| New Hampshire | $2,112 | 883 sq. ft. |
| New Jersey | $2,337 | 865 sq. ft. |
| New Mexico | $1,389 | 831 sq. ft. |
| New York | $2,739 | 847 sq. ft. |
| North Carolina | $1,524 | 964 sq. ft. |
| North Dakota | $1,077 | 959 sq. ft. |
| Ohio | $1,279 | 897 sq. ft. |
| Oklahoma | $1,035 | 857 sq. ft. |
| Oregon | $1,757 | 847 sq. ft. |
| Pennsylvania | $1,730 | 888 sq. ft. |
| Rhode Island | $2,129 | 925 sq. ft. |
| South Carolina | $1,594 | 1,003 sq. ft. |
| South Dakota | $1,127 | 902 sq. ft. |
| Tennessee | $1,494 | 947 sq. ft. |
| Texas | $1,449 | 883 sq. ft. |
| Utah | $1,597 | 917 sq. ft. |
| Vermont | $2,152 | 937 sq. ft. |
| Virginia | $1,972 | 919 sq. ft. |
| Washington | $2,020 | 832 sq. ft. |
| West Virginia | $1,275 | 976 sq. ft. |
| Wisconsin | $1,548 | 907 sq. ft. |
| Wyoming | $1,332 | 872 sq. ft. |
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Popular Cities in Arkansas
- Apartments in Alexander $1,448
- Apartments in Benton $935
- Apartments in Bentonville $1,281
- Apartments in Bryant $1,045
- Apartments in Cabot $1,048
- Apartments in Conway $943
- Apartments in Fayetteville $1,431
- Apartments in Fort Smith $823
- Apartments in Jacksonville $724
- Apartments in Little Rock $1,051
- Apartments in Marion $1,033
- Apartments in Maumelle $1,109
- Apartments in North Little Rock $1,051
- Apartments in Rogers $1,176
- Apartments in Sherwood $909
- Apartments in Springdale $1,080