Alight Fayetteville
1005 S School Ave,
Fayetteville, AR 72701
$559 - $729
2-3 Beds
Extending from West Maple Street south to MLK Jr. Boulevard with the University of Arkansas stretched along its west side, Downtown Fayetteville is where the action is -- sports, theaters, and pedestrian-friendly sidewalks along trendy shops and restaurants. With its fantastic location in the Ozark Mountains, it's no wonder that Fayetteville is one of the country's fastest-growing cities. Here, you'll find brick-paved walkways and bike racks, terrific historic buildings and sleek, modern high-rises.
The heart of Downtown Fayetteville is Dickson Street. Here you'll find everything from the Campus Bookstore to George's Majestic Lounge, and from Brewski's Draft Emporium to Puritan Coffee & Beer. The Walton Arts Center is also located here -- a terrific destination for everything from Broadway performances to jazz bands. Of course, as home to the University of Arkansas, living downtown is all about the Razorbacks -- cheer them on at Donald W. Reynolds Razorback Stadium, located at the corner of Maple Street and North Razorback Road.
As of March 2026, the average apartment rent in Downtown Fayetteville is $1,144 for a studio, $1,445 for one bedroom, and $1,651 for two bedrooms. Apartment rent in Downtown Fayetteville has decreased by -2.1% in the past year.
Studio
496 sq ft
Average Sq Ft
$1,144/month
Average Rent
1 BR
677 sq ft
Average Sq Ft
$1,445/month
Average Rent
2 BR
1,099 sq ft
Average Sq Ft
$1,651/month
Average Rent
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
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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.