Average Rent in Fayetteville, AR↓ Rents falling 0.9% YoY🔺 2nd priciest in AR

Fayetteville, AR has rental prices ranging from $853/month to $1,798/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $925/month — 34% below the national average of $1,400/month. With a median household income of $77,979/year, spending $925/month on a 1-bedroom represents 14% of gross income — within the recommended 30% threshold.

How Fayetteville Compares

With an average 2-bedroom rent of $1,111/month, Fayetteville ranks #2 most expensive of the 67 cities tracked in Arkansas — pricier than 76% of all US cities in our data.

The Fayetteville Rental Market

The Fayetteville, AR area has a population of about 563,436 and 38% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Fayetteville, AR have fallen by $10/month (0.9%) over the past year, from $1,121 to $1,111. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.

Affordability

To afford a 1-bedroom apartment in Fayetteville, AR without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $37,000. The local median household income of $77,979 exceeds that threshold by $40,979, making Fayetteville relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Fayetteville, AR is $383,478, giving a price-to-rent ratio of 28.8. With a break-even horizon of approximately 29 years, renting is likely the more financially prudent option for most residents unless they plan to stay long-term.

Neighborhoods

Home values — and by extension rent levels — vary significantly across Fayetteville's neighborhoods. Among the highest-value areas are Asbell ($282,645 median home value), Jefferson/Walker ($292,122 median home value), Wyman/Stonebridge ($371,987 median home value). Rental prices typically follow home value patterns, with premium neighborhoods commanding higher rents than outer areas. Renters on a tighter budget may find better value in less central neighborhoods or in adjacent metros with lower overall rent levels.

Is Fayetteville, AR Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Rent or Buy in Fayetteville?

Break-even analysis and mortgage estimates based on local market data.

Living in Fayetteville

Cost of living, job market, crime rates, and moving cost estimates.