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Best Places to Rent

Arkansas

Average Rent

$1,118

+1.8% YoY

Rent Comparison

-31.5% Lower

than national average

Population

3.03 Million

in 2022

The state of Arkansas is comprised of 8 metropolitan areas with a total population of 3,031,948. Explore Arkansas’s metro areas and compare key metrics.

Memphis Metro Area

Average Rent

$1,128

Population

1,343,263

# of Rentals

3,046

Little Rock Metro Area

Average Rent

$1,005

Population

764,363

# of Rentals

1,824

Northwest Arkansas Metro Area

Average Rent

$1,317

Population

598,248

# of Rentals

1,812

Fort Smith Metro Area

Average Rent

$841

Population

231,186

# of Rentals

74

Texarkana Metro Area

Average Rent

$828

Population

146,182

# of Rentals

102

Jonesboro Metro Area

Average Rent

$948

Population

137,379

# of Rentals

160

Hot Springs Metro Area

Average Rent

$1,184

Population

100,169

# of Rentals

61

Pine Bluff Metro Area

Average Rent

$711

Population

70,727

# of Rentals

15

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.