- Arkansas
- Little Rock
- Renter Market Trends
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 | |||
|---|---|---|---|---|
5% | 28% | 37% | 19% | 11% |
Neighborhood Apartment Rent Trends in Little Rock, AR
| Neighborhood | Studio Avg Rent | Annual Change |
|---|---|---|
| Westwood Pecan Lake | $1,340 | -- |
| Walnut Valley | $1,080 | -10% |
| Hillcrest | $750 | -- |
| Pulaski Heights | $750 | -- |
| Quapaw Quarter | $525 | -- |
| Governor's Mansion Historic District | $525 | -- |
| Midtown | $525 | -- |
| Neighborhood | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Parkway Place | $1,295 | -- |
| Heights | $1,217 | -- |
| Briarwood | $1,157 | +65% |
| Quapaw Quarter | $995 | -- |
| Riverdale | $982 | +17% |
| Rock Creek | $960 | -12% |
| Downtown Little Rock | $940 | +4% |
| River Market | $940 | +2% |
| Boyle Park | $915 | +7% |
| Otter Creek Crystal | $860 | +7% |
| John Barrow | $850 | -- |
| Walnut Valley | $785 | +6% |
| Reservoir | $760 | -- |
| Sturbridge | $760 | -- |
| Governor's Mansion Historic District | $750 | -- |
| Pulaski Heights | $750 | -- |
| Chicot West I-30 South | $750 | -- |
| River Mountain | $745 | +10% |
| Midtown | $725 | -- |
| Wakefield | $685 | -- |
| Hillcrest | $675 | -10% |
| Capital View | $675 | 0% |
| Capitol View - Stifft Station | $675 | 0% |
| Capitol View Historic District | $675 | -- |
| Stifft Station Historic District | $675 | -- |
| 65th Street West | $650 | -- |
| Central High | $550 | -- |
| Upper Baseline | $525 | -- |
| Neighborhood | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Briarwood | $1,565 | +74% |
| Heights | $1,479 | -- |
| Downtown Little Rock | $1,415 | +4% |
| River Market | $1,415 | +4% |
| Pinnacle Valley | $1,350 | -- |
| Quapaw Quarter | $1,295 | +30% |
| Governor's Mansion Historic District | $1,295 | -- |
| Parkway Place | $1,180 | -- |
| Rock Creek | $1,152 | -7% |
| Boyle Park | $1,095 | +16% |
| Riverdale | $1,067 | +3% |
| River Mountain | $1,055 | +4% |
| Walnut Valley | $970 | +16% |
| Otter Creek Crystal | $970 | +8% |
| Capital View | $950 | +23% |
| Capitol View - Stifft Station | $950 | +15% |
| Capitol View Historic District | $950 | -- |
| John Barrow | $950 | +27% |
| Reservoir | $945 | +18% |
| Otter Creek | $945 | -13% |
| Hillcrest | $900 | 0% |
| Midtown | $900 | +3% |
| Pulaski Heights | $900 | -- |
| Sturbridge | $855 | +7% |
| West Markham | $837 | -2% |
| 65th Street West | $785 | -2% |
| Central High | $725 | -- |
| South Geyer Springs | $725 | -- |
| Wakefield | $710 | -- |
| Upper Baseline | $675 | -7% |
How Other Cities Compare to Little Rock, AR
| City | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Hot Springs National Park | $1,135 | +8% |
| North Little Rock | $1,120 | +79% |
| Cabot | $1,044 | -- |
| Sherwood | $914 | +19% |
| Maumelle | $900 | +3% |
| Bryant | $860 | +6% |
| Hot Springs | $795 | -- |
| Benton | $760 | -3% |
| Conway | $755 | -3% |
| Jacksonville | $710 | +42% |
| Searcy | $700 | -- |
| Pine Bluff | $600 | -4% |
| City | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Hot Springs National Park | $1,277 | +11% |
| Redfield | $1,175 | 0% |
| Sherwood | $1,026 | +16% |
| Bryant | $1,025 | +5% |
| Maumelle | $1,000 | -5% |
| Cabot | $975 | +22% |
| Hot Springs | $955 | +23% |
| Conway | $945 | 0% |
| Benton | $940 | +11% |
| Jacksonville | $855 | +1% |
| Greenbrier | $825 | -- |
| Searcy | $815 | -- |
| White Hall | $800 | -- |
| Sheridan | $750 | -- |
| Pine Bluff | $725 | +4% |
| Mabelvale | $700 | +8% |
| Beebe | $600 | -14% |
Little Rock, AR Rent Trends
| Studio | 1 Bed | 2 Beds | ||||||||||
| Oct 2023 | Nov 2023 | Dec 2023 | Jan 2024 | Feb 2024 | Mar 2024 | Apr 2024 | May 2024 | Jun 2024 | Jul 2024 | Aug 2024 | Sep 2024 | Oct 2024 |
| $1045 | $1037 | $1037 | $1000 | $1045 | $1045 | $1046 | $1047 | $1048 | $1049 | $995 | $995 | $995 |
| $842 | $856 | $875 | $892 | $897 | $887 | $875 | $858 | $872 | $879 | $922 | $929 | $929 |
| $975 | $975 | $975 | $990 | $952 | $987 | $954 | $974 | $988 | $987 | $1038 | $1024 | $1024 |
| $1135 | $1281 | $1331 | $1300 | $1259 | $1285 | $1225 | $1330 | $1380 | $1398 | $1435 | $1416 | $1416 |
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, Central High, where renters pay $550 on average for a 1-bedroom apartment, and 65th Street West, where the average 1-bedroom apartment rent goes for $650. If you're looking for other great deals, check out the listings in Hillcrest ($675 for a 1-bedroom apartment) or Capital View ($675 for a 1-bedroom apartment), compared to the $929 average for an Little Rock 1-bedroom apartment.
What are the most expensive neighborhoods in Little Rock, AR?
The most expensive neighborhoods in Little Rock are Macarthur Park Historic District, where the average rent for a 1-bedroom apartment is just $1,650. offering similar apartments at an average of Parkway Place, $1,295, and Heights, $1,217. For additional value-for-money options, consider Briarwood ($1,157 for a 1-bedroom apartment) or Quapaw Quarter ($995 for a 1-bedroom apartment). These prices represent a significant saving when compared to the Little Rock average for a 1-bedroom apartment, which stands at $929.
What are the most popular neighborhoods in Little Rock, AR?
The most popular neighborhoods in Little Rock are Pulaski Heights, where the average 1-bedroom apartment rent goes for $750, Hillcrest, where renters pay $675 on average for a 1-bedroom apartment, and Heights, where the average 1-bedroom apartment rent goes for $1,217. If you're looking for other popular neighborhoods, check out the listings in Stifft Station Historic District ($675 for a 1-bedroom apartment) or Capitol View - Stifft Station ($675 for a 1-bedroom apartment), compared to the $929 average for an Little Rock 1-bedroom apartment.
