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Rental Market Trends in Arkansas

Updated July 2026

$967/month

Average Rent

+0.6%

Increase in the Last Year

+$6

Average Price Increase

Ranked 2nd

Least Expensive Rent by State

13,668

Available Rentals

Pine Bluff, AR

City with the Lowest Rent

What is the average rent in Arkansas?

As of July 2026, the average rent in Arkansas is $967/month. When you rent an apartment in Arkansas, you can expect some variability depending on the region. For instance, metropolitan areas may have higher rents than smaller towns and rural areas. In general, you can expect to pay about $840 per month for a studio, $967 for a one-bedroom apartment, and around $1,090 for a two-bedroom apartment in Arkansas. If you opt for a three-bedroom rental, you could pay $1,383 or more.

Bedrooms
Average Rent
Average Sq Ft
Studio
$840/month
466 Sq Ft
One Bedroom
$967/month
666 Sq Ft
Two Bedroom
$1,090/month
963 Sq Ft
Three Bedroom
$1,383/month
1,227 Sq Ft

Rent by City

  • Most Affordable
  • Most Expensive

What are the most affordable cities in Arkansas?

Based on current rent prices, the cheapest cities in Arkansas to live are Pine Bluff, Fort Smith and Sherwood.

Calculate Rent Affordability
City
Average Rent
Average Sq Ft
Pine Bluff
$632/month
524 Sq Ft
Fort Smith
$690/month
665 Sq Ft
Sherwood
$799/month
660 Sq Ft
Hot Springs
$832/month
630 Sq Ft
Benton
$856/month
583 Sq Ft
Jonesboro
$896/month
596 Sq Ft
Conway
$907/month
698 Sq Ft
Little Rock
$950/month
688 Sq Ft
Fayetteville
$989/month
618 Sq Ft
Springdale
$1,055/month
647 Sq Ft

What are the most expensive cities in Arkansas?

Based on current rent prices, the most expensive cities in Arkansas to live are Rogers, Bentonville and North Little Rock.

Calculate Rent Affordability
City
Average Rent
Average Sq Ft
Rogers
$1,234/month
725 Sq Ft
Bentonville
$1,159/month
699 Sq Ft
North Little Rock
$1,099/month
700 Sq Ft
Springdale
$1,055/month
647 Sq Ft
Fayetteville
$989/month
618 Sq Ft
Little Rock
$950/month
688 Sq Ft
Conway
$907/month
698 Sq Ft
Jonesboro
$896/month
596 Sq Ft
Benton
$856/month
583 Sq Ft
Hot Springs
$832/month
630 Sq Ft
This information is based on data collected by CoStar Group researchers.†

State

Arkansas

13,668 Available Apartments for Rent

Search for Nearby Apartments

Nearby State Markets


Missouri
$1,168/mo. avg.
+2.2% YOY
Tennessee
$1,365/mo. avg.
-0.7% YOY
Mississippi
$1,022/mo. avg.
+2.4% YOY
Louisiana
$1,071/mo. avg.
+1.6% YOY

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US Rent Trends Arkansas

Methodology

† 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.


State graphics provided by ProPublica    Copyright (c) 2012, ProPublica

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Equal Housing Opportunity