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Best Places to Rent

Arkansas

Average Rent

$1,167

+1.5% YoY

Rent Comparison

-28.8% Lower

than national average

Population

3.11 Million

in 2022

The state of Arkansas is comprised of 7 metropolitan areas with a total population of 3,110,196. Explore Arkansas’s metro areas and compare key metrics.

Memphis Metro Area

Average Rent

$1,108

Population

1,339,025

# of Rentals

3,326

Little Rock Metro Area

Average Rent

$1,003

Population

774,898

# of Rentals

1,784

Northwest Arkansas Metro Area

Average Rent

$1,355

Population

620,649

# of Rentals

2,010

Fort Smith Metro Area

Average Rent

$1,431

Population

234,327

# of Rentals

132

Texarkana Metro Area

Average Rent

$843

Population

145,257

# of Rentals

117

Jonesboro Metro Area

Average Rent

$955

Population

139,352

# of Rentals

145

Hot Springs Metro Area

Average Rent

$1,162

Population

99,770

# of Rentals

67

Average Rent is calculated by averaging the monthly rent of 1 bedroom apartments.

Other States

This information is based on data collected by CoStar Group researchers.