Median Age
32 Years
Largest Age Group
20-29 Years
Approximately 21% of Residents
Under 20
26%
Over 65
14%
Avg Rent
$920
Population
67,202
Renter Mix
53% Rent
Conway earns its nickname 'The City of Colleges' honestly, with three post-secondary institutions shaping the rhythm of daily life in this Faulkner County seat about 30 miles northwest of Little Rock. The University of Central Arkansas, Hendrix College, and Central Baptist College anchor the local economy alongside a growing technology sector, giving Conway an intellectual energy that extends well beyond campus boundaries. Situated within the Little Rock metropolitan area, the city offers genuine accessibility to a major regional hub without sacrificing a smaller-city pace.
Neighborhoods here range from the walkable streets of Downtown and the Old Conway Historic District to the mixed-use Village at Hendrix near campus, the newer residential developments along Centennial Valley, and quieter pockets near Lake Beaverfork to the north. Each area carries its own character, giving renters real options when it comes to setting and lifestyle. The rental market reflects that variety, with traditional apartment communities, townhomes, and garden-style rentals spread across the city. The annual Toad Suck Daze festival each spring has drawn crowds downtown for decades, functioning as both a community celebration and a fundraiser for local education.
The Faulkner County Courthouse in Conway, AR.
Hendrix Creek Preserve is a popular spot for outdoor recreation.
Cars line a street in a Conway neighborhood.
Median Household Income
$51,434
Average: $69,832
Education
20,822
Residents Have a Degree
Job Market
32,792
Workers Employed
Median Age
32 Years
Largest Age Group
20-29 Years
Approximately 21% of Residents
Under 20
26%
Over 65
14%
Housing Distribution
Conway has more renters than homeowners.
Education Distribution
Review this city's overall education levels.
As of April 2026, the average apartment rent in Conway, AR is $809 for a studio, $920 for one bedroom, $969 for two bedrooms, and $1,222 for three bedrooms. Apartment rent in Conway has increased by 3.5% in the past year.
The cost of living in Conway, AR is 14.7% lower than the national average. Generally, housing in Conway is 22.4% less expensive than the national average, with rent falling between $809 - $1,226. You can expect to pay 5.6% less for groceries, 13.4% less for utilities, and 12.4% less for transportation.
Compare Cities
Explore how walkable, bikeable, drivable, and transit-friendly Conway, AR is for everyday living.
Somewhat Walkable
Walkability
Exceptionally Drivable
Drivability
Fairly Bikeable
Bikeability
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Public
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.