Rental market trends in Little Rock, AR
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Average Apartment Cost in Little Rock, AR
Apartment Rent Ranges in Little Rock, AR
| Apartment Prices | Proportion | |||
|---|---|---|---|---|
6% | 28% | 36% | 18% | 11% |
Neighborhood Apartment Rent Trends in Little Rock, AR
| Neighborhood | Studio Avg Rent | Annual Change |
|---|---|---|
| Walnut Valley | $1,200 | -11% |
| Hillcrest | $750 | -- |
| Pulaski Heights | $750 | -- |
| Downtown | $725 | -- |
| Quapaw Quarter | $525 | -- |
| Governor's Mansion Historic District | $525 | -- |
| Neighborhood | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Downtown | $905 | +3% |
| River Market | $905 | +5% |
| Parkway Place | $890 | +19% |
| Boyle Park | $885 | +74% |
| Rock Creek | $881 | +2% |
| Macarthur Park | $850 | +36% |
| Riverdale | $837 | +3% |
| Otter Creek Crystal | $805 | +13% |
| Quapaw Quarter | $775 | -- |
| Midtown | $775 | +19% |
| Meriwether | $775 | +12% |
| Hillcrest | $750 | -16% |
| Capital View | $750 | +7% |
| Capitol View - Stifft Station | $750 | -3% |
| Pulaski Heights | $750 | +3% |
| Governor's Mansion Historic District | $750 | +50% |
| West Baseline | $750 | -- |
| Walnut Valley | $747 | +3% |
| Cloverdale Watson | $725 | -- |
| Cloverdale | $725 | -- |
| Briarwood | $700 | -10% |
| West Markham | $695 | -1% |
| Reservoir | $690 | +17% |
| Sturbridge | $690 | +12% |
| River Mountain | $677 | 0% |
| Central High | $675 | -3% |
| Oak Forest | $650 | -- |
| Santa Monica | $650 | -- |
| Wakefield | $600 | +1% |
| 65th Street West | $599 | -- |
| Upper Baseline | $525 | -- |
| Neighborhood | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Downtown | $1,290 | -2% |
| River Market | $1,290 | -2% |
| Heights | $1,289 | -1% |
| Parkway Place | $1,105 | +35% |
| Rock Creek | $1,071 | +17% |
| Otter Creek | $1,067 | -3% |
| Riverdale | $1,037 | +2% |
| River Mountain | $1,017 | 0% |
| Quapaw Quarter | $1,000 | -20% |
| South End | $1,000 | -- |
| Boyle Park | $945 | +69% |
| Hillcrest | $900 | -5% |
| Macarthur Park | $900 | -- |
| Briarwood | $900 | -5% |
| Otter Creek Crystal | $895 | +7% |
| Midtown | $875 | 0% |
| Meriwether | $875 | 0% |
| West Markham | $850 | +13% |
| Walnut Valley | $839 | -3% |
| Capitol View - Stifft Station | $825 | -23% |
| Cloverdale | $825 | -- |
| Capital View | $800 | 0% |
| 65th Street West | $800 | -- |
| Capitol Hill | $795 | -- |
| Central High | $775 | 0% |
| Reservoir | $775 | -3% |
| Oak Forest | $775 | +15% |
| Sturbridge | $775 | -3% |
| Governor's Mansion Historic District | $750 | -21% |
| Cloverdale Watson | $750 | -- |
| Santa Monica | $750 | -- |
| John Barrow | $725 | -9% |
| Windamere | $695 | -- |
| Upper Baseline | $650 | -10% |
| Wakefield | $650 | -- |
How Other Cities Compare to Little Rock, AR
| City | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Hot Springs National Park | $1,050 | +9% |
| Cabot | $978 | -- |
| Maumelle | $870 | -6% |
| Bryant | $810 | +7% |
| Searcy | $800 | -20% |
| Benton | $785 | +7% |
| Conway | $775 | +7% |
| Sherwood | $770 | +3% |
| Jacksonville | $650 | +24% |
| North Little Rock | $625 | 0% |
| Pine Bluff | $625 | +5% |
| Hot Springs | $600 | -20% |
| City | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Hot Springs National Park | $1,152 | +8% |
| Maumelle | $1,050 | -3% |
| Bryant | $975 | +5% |
| Conway | $950 | +18% |
| Vilonia | $900 | -- |
| Benton | $895 | -3% |
| Sherwood | $875 | +5% |
| Cabot | $800 | +2% |
| Jacksonville | $795 | +14% |
| Hot Springs | $775 | -- |
| Sheridan | $775 | -- |
| Searcy | $750 | +15% |
| White Hall | $750 | -- |
| Greenbrier | $725 | +16% |
| Pine Bluff | $700 | -8% |
| Beebe | $700 | +8% |
| North Little Rock | $693 | -8% |
| Mabelvale | $650 | -- |
Little Rock, AR Rent Trends
| Studio | 1 Bed | 2 Beds | ||||||||||
| Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | Nov 2023 |
| $1170 | $1080 | $1110 | $1110 | $1110 | $1140 | $1170 | $1170 | $1170 | $1170 | $1080 | $1045 | $1037 |
| $847 | $844 | $840 | $854 | $862 | $845 | $840 | $850 | $845 | $868 | $840 | $842 | $856 |
| $1001 | $947 | $967 | $972 | $935 | $922 | $930 | $922 | $907 | $914 | $887 | $885 | $887 |
| $1269 | $1250 | $1222 | $1234 | $1266 | $1260 | $1269 | $1269 | $1269 | $1320 | $1307 | $1294 | $1281 |
Neighborhood Information for Little Rock, AR
What are the most affordable neighborhoods in Little Rock, AR?
The most affordable neighborhoods in Little Rock are Upper Baseline, where the average 1-bedroom apartment rent goes for $525, 65th Street West, where renters pay $599 on average for a 1-bedroom apartment, and Wakefield, where the average 1-bedroom apartment rent goes for $600. If you're looking for other great deals, check out the listings in Oak Forest ($650 for a 1-bedroom apartment) or Santa Monica ($650 for a 1-bedroom apartment), compared to the $839 average for a Little Rock 1-bedroom apartment.
What are the most expensive neighborhoods in Little Rock, AR?
The most expensive neighborhoods in Little Rock are Heights, where the average 1-bedroom apartment rent goes for $1,100, Downtown, where renters pay $905 on average for a 1-bedroom apartment, and River Market, where the average 1-bedroom apartment rent goes for $905. If you're looking for other premium neighborhoods, check out the listings in Parkway Place ($890 for a 1-bedroom apartment) or Boyle Park ($885 for a 1-bedroom apartment), compared to the $839 average for a Little Rock 1-bedroom apartment.
What are the most popular neighborhoods in Little Rock, AR?
The most popular neighborhoods in Little Rock are Heights, where the average 1-bedroom apartment rent goes for $1,100, Pulaski Heights, where renters pay $750 on average for a 1-bedroom apartment, and Hillcrest, where the average 1-bedroom apartment rent goes for $750. If you're looking for other popular neighborhoods, check out the listings in Oak Forest ($650 for a 1-bedroom apartment) or Boyle Park ($885 for a 1-bedroom apartment), compared to the $839 average for a Little Rock 1-bedroom apartment.
