Average Rent In Arkansas For January 2024
Average Rent
What is the average rent in Arkansas?
The average rent in Arkansas for January 2024 is $921, according to the most recent data from ApartmentList - January 3, 2024. The average rent of a 2-bedroom apartment in Arkansas is $885. The average rent of a 1-bedroom apartment in Arkansas is $718.
Compared to the national average of $1,379, Arkansas rent costs -33.2% less. Read our analysis of rents by state to see how Arkansas ranks.
Here's a look at how average rents have changed over time:
How Does Arkansas Rent Compare To The Rest Of The Country?
| Statistic | AR | USA | % Difference |
|---|---|---|---|
| Average Rent | $921 | $1,379 | -33.2% |
| M-o-M Change | -$6 | -$11 | -45.5% |
| Y-o-Y Change | $16 | -$14 | -214.3% |
| M-o-M % Change | -0.6% | -0.8% | - |
| Y-o-Y % Change | 1.8% | -1.0% | - |
Median Rent By Bedrooms In Arkansas
1-Bedroom
2-Bedroom
As you would expect, the median price for rent in Arkansas increases as the number of bedrooms in the unit increases. 1-Bedroom rent is the cheapest in Arkansas clocking in at $718, while a 2-bedroom rental will set you back $885 per month.
If you don't mind having roommates, the best option on a per room basis is a 2-bedroom rental for $442/room/month.
Read on to find out more or for more on Arkansas check out:
- Best Places To Live In Arkansas
- Cheapest Places To Live In Arkansas
- Most Dangerous Places in Arkansas
Month Over Month Arkansas Rent Statistics
M-o-M Increase
M-o-M Increase
Arkansas has experienced a -$6 change in rent over the past month going from $927 to $921. That change comes out to -0.6%.
For reference, the US national average rent changed -$11 in the past month or -0.8%.
Here's a look at the month over month change for each month since 2017 for Arkansas:
Year Over Year Arkansas Rent Statistics
Y-o-Y Increase
Y-o-Y Increase
Over the past year, the average rent in Arkansas changed $16 from $905 to $921. A change of $16 means that rents changed 1.8% in a year.
That compares to the US national change of -$14 in the past year or -1.0%.
Here's a look at the year over year change by month since 2017 for Arkansas:
The 10 Places With The Highest Rent In Arkansas
Population: 5,296
Median Rent: $1,092
More on Pea Ridge: Data | Crime | Cost Of Living | Real Estate
Population: 12,178
Median Rent: $1,065
More on Centerton: Data | Crime | Cost Of Living | Real Estate
Population: 17,967
Median Rent: $1,010
More on Maumelle: Data | Crime | Cost Of Living | Real Estate
Population: 44,601
Median Rent: $944
More on Bentonville: Data | Crime | Cost Of Living | Real Estate
Population: 6,598
Median Rent: $933
More on Farmington: Data | Crime | Cost Of Living | Real Estate
Population: 19,607
Median Rent: $916
More on Bryant: Data | Crime | Cost Of Living | Real Estate
Population: 63,411
Median Rent: $913
More on Rogers: Data | Crime | Cost Of Living | Real Estate
Population: 197,780
Median Rent: $900
More on Little Rock: Data | Crime | Cost Of Living | Real Estate
Population: 5,271
Median Rent: $893
More on Greenbrier: Data | Crime | Cost Of Living | Real Estate
Population: 12,467
Median Rent: $892
More on Marion: Data | Crime | Cost Of Living | Real Estate
Learn More About Living In Arkansas
About Chris Kolmar
Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.
He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.
If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.
You can find out more about him on LinkedIn.