University House Fayetteville
1801 W Diamond Dr,
Fayetteville, AR 72701
$529 - $1,199
Studio - 4 Beds
$923/month
Average Rent
623 Sq Ft
Average Apartment Size
+0.5%
Increase in the Last Year
As of September 2025, the average rent in Fayetteville, AR is $923 per month. This is 44% lower than the national average rent of $1,640/month, making renting in Fayetteville more affordable than most cities in the US. When you rent an apartment in Fayetteville, you can expect to pay about $1,009 per month for a studio, $923 for a one-bedroom apartment, and around $1,079 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,589 or more.
In the past year, rent has increased by 0.5%, which averages out to $5 more per month.
Based on current rent prices, Southern View, West 62 and The Links at Fayetteville are the most affordable neighborhoods in Fayetteville.
Based on current rent prices, Jennings Plus, Downtown Fayetteville and Lenham Heights are the most expensive neighborhoods in Fayetteville.
The neighborhoods in Fayetteville with the most apartments available are Greater Fayetteville, Downtown Fayetteville and Lenham Heights .
Because the average rent in Fayetteville is $923, you’ll want to make about $3,076 per month or $36,912 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.
The cost of living in Fayetteville, AR is 5.1% lower than the national average. Generally, housing in Fayetteville is 12.7% less expensive than the national average, with rent falling between $923 - $1,589. You can expect to pay 5.5% less for groceries, 0.4% more for utilities, and 5.7% less for transportation.
Use the tool below to compare Fayetteville, 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.
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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 September 2025.
* Percentages may not total 100 due to rounding.