Average Rent in Little Rock, AR↓ Rents falling 5.2% YoY🔺 5th priciest in AR

Little Rock, AR has rental prices ranging from $887/month to $1,628/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $892/month — 36% below the national average of $1,400/month. With a median household income of $65,309/year, spending $892/month on a 1-bedroom represents 16% of gross income — within the recommended 30% threshold.

How Little Rock Compares

With an average 2-bedroom rent of $1,032/month, Little Rock ranks #5 most expensive of the 67 cities tracked in Arkansas — pricier than 68% of all US cities in our data.

The Little Rock Rental Market

The Little Rock, AR area has a population of about 753,605 and 36% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Little Rock, AR have fallen by $57/month (5.2%) over the past year, from $1,089 to $1,032. This slight decline is consistent with broader market corrections seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Little Rock, AR without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $35,680. The local median household income of $65,309 exceeds that threshold by $29,629, making Little Rock relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Little Rock, AR is $219,956, giving a price-to-rent ratio of 17.8. With a break-even horizon of approximately 18 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 Little Rock's neighborhoods. Among the highest-value areas are Stephens ($82,435 median home value), South End ($91,558 median home value), East of I-30 ($96,613 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 Little Rock, AR Affordable?

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

Rent or Buy in Little Rock?

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

Living in Little Rock

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