Sentinel of Conway Apartments
401 2nd St,
Conway, AR 72032
1-4 Beds | $835 - $1,250
Rental Market Trends in Conway, AR
What is the average rent in Conway, AR?
$895/month
Average Rent
658 Sq Ft
Average Apartment Size
-0.4%
Decrease in the Last Year
As of July 2025, the average rent in Conway, AR is $895 per month. This is 45% lower than the national average rent of $1,637/month, making renting in Conway more affordable than most cities in the US. When you rent an apartment in Conway, you can expect to pay about $802 per month for a studio, $895 for a one-bedroom apartment, and around $937 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,195 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Conway, AR?
In the past year, rent has decreased by 0.4%, which averages out to $3 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024
2025
Rent Ranges in Conway, AR
Last Updated July 2025
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
21%
Below $700/month
52%
$700 - $1,000/month
26%
$1,001 - $1,500/month
2%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Conway?
Based on current rent prices, Downtown Conway is the most affordable neighborhood in Conway.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Conway?
Based on current rent prices, Downtown Conway is the most expensive neighborhood in Conway.
Neighborhood
Average Rent
Average Sq Ft
Which Conway neighborhoods have the most rentals available?
The neighborhood in Conway with the most apartments available is Downtown Conway .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Conway, AR?
Because the average rent in Conway is $895, you’ll want to make about $2,983 per month or $35,796 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Conway, AR is 15.7% lower than the national average. Generally, housing in Conway is 24.3% less expensive than the national average, with rent falling between $802 - $1,195. You can expect to pay 5.0% less for groceries, 17.3% less for utilities, and 13.0% less for transportation.
How does Conway, AR compare to other nearby cities and neighborhoods?
Use the tool below to compare Conway, AR to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$802/month
$802/month
One Bedroom
$915/month
$915/month
Two Bedroom
$944/month
$944/month
Three Bedroom
$1,221/month
$1,221/month
Nearby City Rent Trends
Apartment communities in Conway we think you'll love
Property Management Companies in Conway, AR
Lindsey Management Co, Inc
-
75
Communities
-
33,668
Units
-
33
Cities
8 Communities in Conway
Village Green
-
171
Communities
-
36,141
Units
-
98
Cities
2 Communities in Conway
Advanced Precision Group LLC
-
68
Communities
-
8,790
Units
-
51
Cities
1 Community in Conway
Haley Communities
-
41
Communities
-
8,720
Units
-
34
Cities
1 Community in Conway
Learn More with Helpful Articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Methodology
† 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 June 2025.
* Percentages may not total 100 due to rounding.