Median rent for residential apartments in as of Feb, 2020.
Be informed, make custom offers based only on median rent prices. But keep in mind, that price depends on size/amenities of the apartment.
202 Fayetteville apartments for rent
Fayetteville
Fayetteville, AR has a population of 80,552, including 81% white, 8% latino, and 6% black.
| Population | 80,552 |
| Median Age | 27.3 |
| Poverty Rate | 23% |
| Median Income (Household) | $40,013 |
| Number Of Employees | 40,554 |
| Median Property Value | $186,200 |
City Overview
The median household income in Fayetteville, AR is around $40,013, while the median age is 27.3. This city is a home to major universities: Doctoral Universities: Highest Research Activity, Doctoral Universities, and University of Arkansas. 40,554 employees work in Fayetteville, AR. The homeownership rate among the residents is 38.96%. The median property value that you should keep in mind is $186,200.
Business & Economy
Wage by Common Jobs
Average salary: $32,990
- 1. Elementary & middle school teachers$47,162
- 2. Retail salespersons$46,442
- 3. Secretaries & administrative assistants$30,989
- 4. Cashiers$20,672
- 5. Nursing, psychiatric, & home health aides$19,682
Employment by Occupations
Numbers claim that the employment rate in Fayetteville, AR changed by 2%, so let’s see what are the most common job groups in this area. People of Fayetteville, AR prefer to work in Sales, Administrative and Education, Training, & Library.
Employment by Industries
Keeping in mind that the employment rate changed by 2% recently, there must be a strong understanding of industries people of Fayetteville, AR work in. The most common industries are Educational Services, Retail trade and Accommodation & Food Service. Please note that not all the residents of Fayetteville, AR work in the area and may be employed outside of the city. Our data is tagged to their residential address, not the work address.
Demographics
Race & Ethnicity
According to latest census, Fayetteville, AR is a home for 81% white residents. The second common group is latino with 8% residents. The list of the most common racial or ethnic groups is closed by black with 6% residents.
Non-English Speakers
Education
Past year Fayetteville, AR universities awarded around 18,296 degrees. Statistics show that the population of students in Fayetteville, AR include 3,007 male students and 3,255 female students. Fayetteville, AR offers private and public tuition with a median cost of $7,204 for private four-year colleges and $0 for in-state public four-year colleges. The largest university of this city is the University of Arkansas with the majority of graduates. The Blue Cliff College-Fayetteville and Paul Mitchell the School-Arkansas hold the second and the third place respectively. The share of the public colleges in Fayetteville, AR is 98.7% and 1.3% go to the private colleges.
Universities
- 1. University of Arkansas6,017 graduates
- 2. Blue Cliff College-Fayetteville146 graduates
- 3. Paul Mitchell the School-Arkansas76 graduates
Public vs Private
- Public1.3%
- Private98.7%
Health and Safety
The age groups that most likely have the health care coverage in Fayetteville, AR are 6-17 years old for men and 6-17 years old for women. Fayetteville, AR offers a 81 primary care clinician to 1 patient ratio. Data records state that dentists ratio is 58 to 1, speaking of mental health doctors ratio, it’s 341 to 1 resident.
Clinician to Patient Ratios
| Primary Care | 1 to 81 |
| Dentists | 1 to 58 |
| Mental Health | 1 to 341 |
| Other | 1 to 65 |
Transportation
Commute Time
Average travel time: 18.91 minutes
- USA
- Fayetteville, AR
Commuter Transportation
The workers of Fayetteville, AR traveled to their offices around 18.91 minutes lately and drove alone to get there. The rest of the residents carpooled and worked at home.
- USA
- Fayetteville, AR
Housing Trends
Fayetteville, AR, USA Housing Trends
Average rent in Fayetteville: $1,392 (+4.6%)
| Rent Price | Feb | vs Last Month |
|---|---|---|
| 1 bed rentals | $894 | +2.8% |
| 2 bed rentals | $1,090 | +7.3% |
| 3 bed rentals | $1,488 | +0.9% |
| 4+ bed rentals | $1,899 | +3.8% |
| Rent Type Price | Feb | vs Last Month |
|---|---|---|
| House rentals | $1,596 | +3.2% |
| Apartment rentals | $1,007 | +3% |
| Condo rentals | $1,768 | +8.4% |
| Duplex rentals | $899 | -6.4% |
| Room rentals | $534 | +23.3% |
| Loft rentals | $1,395 | -27.4% |
Over the Mar 2020, the average rent for an apartment in/near Fayetteville, AR increased by 4.4% to $1331. Breaking it down in details, we now see that the average price for 1-bed apartment increased by 2.8% to $894. Pricing for 2-bed apartment also increased by 6.8% and a place of this size will now cost you $1016. 3-bed apartment rent pricing starts at $1475, it increased by 0.9% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 3.8% and made it up to $1899.
The median rent for an apartment in Fayetteville, AR increased by 2.9% to $977. Statistics show that house rent price increased by 3.2% this month making it up to $1596. Condos faced an upward trend these days. The median rent for a condo increased by 7.7%, it’s now available for $1631. You can now rent a duplex for $960, duplex rent price decreased by 6.9% this month. The median rent for a loft faced changes as well, it decreased by 37.8%, the price tag now starts at $1923. An average room will now go for $433, the median rent price for a room increased by 18.9%.
Rent vs Own
- Rent39%
- Own61%
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