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Rental Market Trends in Conway, AR

Updated September 2026

The average rent in Conway, AR is $909/month.

Rent in Conway is 45% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.

$909/month

Average Rent

699 Sq Ft

Average Size

+1.4%

Change / Year

633

Available Apartments

Conway rent varies by unit size and layout:

  • Studio apartments in Conway average $810 per month.
  • One-bedroom apartments in Conway average $909 per month.
  • Two-bedroom apartments in Conway average $977 per month.
  • Three-bedroom apartments in Conway average $1,261 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$810/month
570 Sq Ft
One Bedroom
$909/month
699 Sq Ft
Two Bedroom
$977/month
972 Sq Ft
Three Bedroom
$1,261/month
1,245 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,088/month
874 Sq Ft
Three Bedroom
$1,631/month
1,422 Sq Ft
Four Bedroom
$2,175/month
1,949 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$938/month
969 Sq Ft
Three Bedroom
$1,230/month
1,192 Sq Ft
View Conway Apartments

How much has average rent changed in Conway, AR?

In the past year, rent has increased by 1.4%, which averages out to $13 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Conway, AR

September 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Conway, AR
Percentage*
Rent Range
15% Below $700/month
47% $700 - $1,000/month
37% $1,001 - $1,500/month
0% $1,501 - $2,000/month
2% Above $2,000/month

Rent by Neighborhood

  • 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
$945/month
694 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
$945/month
694 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
$945/month
694 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 $909, you’ll want to make about $3,030 per month or $36,360 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 14.8% lower than the national average. Generally, housing in Conway is 24.3% less expensive than the national average, with rent falling between $810 - $1,261. You can expect to pay 5.3% less for groceries, 12.7% less for utilities, and 10.2% less for transportation.

City

Conway, AR

633 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.

View the Conway Area Guide

Apartment Averages

Downtown Conway

Conway, AR

Downtown Conway

Conway, AR

Studio
$810/month
$810/month
One Bedroom
$868/month
$868/month
Two Bedroom
$968/month
$968/month
Three Bedroom
$1,279/month
$1,279/month
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Mayflower

    Mayflower

    Avg Rent: $590/month

  • Greenbrier

    Greenbrier

    Avg Rent: $540/month

  • Maumelle

    Maumelle

    Avg Rent: $967/month

  • Sherwood

    Sherwood

    Avg Rent: $799/month

  • Morrilton

    Morrilton

    Avg Rent: $532/month

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 Bed | $1,050 - $1,500

The Hudson at Central Landing

The Hudson at Central Landing

100 Bill Hegemen Blvd,
Conway, AR 72032

1-2 Beds | $945 - $1,195

Edge at Conway

Edge at Conway

530 S Donaghey Ave,
Conway, AR 72034

2-4 Beds | $630 - $825

The Greens at the Rock

The Greens at the Rock

8305 Counts Massie Rd,
North Little Rock, AR 72113

1-2 Beds | $830 - $1,100

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Frequently Asked Questions

What is the average rent in Conway?

The average rent in Conway is $909 per month, which is 45.4% lower than the national average of $1,665.

What is the average rent for a house in Conway?

The average rent for a house in Conway, AR is $1,631 per month.

What is the average rent for a townhome in Conway?

The average rent for a townhome in Conway, AR is $938 per month.

Are rents going up or down in Conway?

Rents in Conway, AR are increasing, with prices up 1.4% year-over-year and $13 more per month.

What rent range is most common in Conway?

In Conway, AR, 47% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

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 September 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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Equal Housing Opportunity