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Rental Market Trends in Conway, AR

What is the average rent in Conway, AR?

$908/month

Average Rent

699 Sq Ft

Average Apartment Size

+3.1%

Increase in the Last Year

Conway, AR Rental Market Overview

The average rent in Conway, AR is $908 per month. This is 45% lower than the national average rent of $1,644/month, making renting in Conway more affordable than most cities in the US.

  • Studio apartments in Conway average $810 per month.
  • One-bedroom apartments in Conway average $908 per month.
  • Two-bedroom apartments in Conway average $968 per month.
  • Three-bedroom apartments in Conway average $1,210 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$810/month
570 Sq Ft
One Bedroom
$908/month
699 Sq Ft
Two Bedroom
$968/month
973 Sq Ft
Three Bedroom
$1,210/month
1,222 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,241/month
543 Sq Ft
Three Bedroom
$1,632/month
1,370 Sq Ft
Four Bedroom
$1,937/month
1,777 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 increased by 3.1%, which averages out to $29 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Conway, AR
Last Updated June 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Conway, AR
Percentage*
Rent Range
15% Below $700/month
51% $700 - $1,000/month
32% $1,001 - $1,500/month
2% $1,501 - $2,000/month
0% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Conway?

Based on current rent prices, Downtown Conway is the most affordable neighborhood in Conway.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Conway
$953/month
693 Sq Ft

What are the most expensive neighborhoods in Conway?

Based on current rent prices, Downtown Conway is the most expensive neighborhood in Conway.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Conway
$953/month
693 Sq Ft

Which Conway neighborhoods have the most rentals available?

The neighborhood in Conway with the most apartments available is Downtown Conway .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Conway
$953/month
693 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Conway, AR?

Because the average rent in Conway is $908, you’ll want to make about $3,026 per month or $36,312 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 14.7% lower than the national average. Generally, housing in Conway is 22.4% less expensive than the national average, with rent falling between $810 - $1,210. You can expect to pay 5.6% less for groceries, 13.4% less for utilities, and 12.4% less for transportation.

City

Conway, AR

685 Available Apartments for Rent

Search for Nearby Apartments

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.

Explore the Area Guide for Conway, AR

Apartment Averages

Downtown Conway

Conway, AR

Downtown Conway

Conway, AR

Studio
$810/month
$810/month
One Bedroom
$870/month
$870/month
Two Bedroom
$962/month
$962/month
Three Bedroom
$1,222/month
$1,222/month
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Nearby City Rent Trends

  • Maumelle Average Rent
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Apartment communities in Conway we think you'll love

Urban Loft Co. Conway- Utilities Included

Urban Loft Co. Conway- Utilities Included

2600 College Ave,
Conway, AR 72034

$1,050 - $1,500 Total Monthly Price

1 Bed

The Hudson at Central Landing

The Hudson at Central Landing

100 Bill Hegemen Blvd,
Conway, AR 72032

$945 - $1,195

1-2 Beds

The Retreat of Maumelle

The Retreat of Maumelle

11231 Frenchmen Loop,
North Little Rock, AR 72113

$975 - $1,325

2 Beds

The Fountain at Maumelle

The Fountain at Maumelle

10801 Paul Eells Dr,
North Little Rock, AR 72113

$1,045 - $2,599

1-3 Beds

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United States Arkansas Conway Rental Trends

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 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.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity