Fayetteville, AR has a population of 81,889, while the median age is 27. The household income in Fayetteville, AR is around $41,158. The homeownership rate among the residents is 38%. The median residential property value in Fayetteville, AR that you should keep in mind is $193,000.
Population | 81,889 |
Median Age | 27.1 |
Poverty Rate | 24% |
Household Income | $41,158 |
Number Of Employees | 41,067 |
Median Property Value | $193,000 |
Rent Price | Jul | vs Last Month |
---|---|---|
Studio rentals | $1,686 | +21.4% |
1 bed rentals | $635 | -34.1% |
2 bed rentals | $1,069 | -4.7% |
3 bed rentals | $1,744 | -5.1% |
4+ bed rentals | $2,149 | -2.6% |
Over the Jul 2022, the average rent for an apartment in/near Fayetteville, AR decreased by 6% to $1,533.
Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 34.1% to $635. Pricing for 2-bed apartment also decreased by 4.7% and a place of this size will now cost you $1,069. 3-bed apartment rent pricing starts at $1,744, it decreased by 5.1% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 2.6% and made it down to $2,149.
Rent Type Price | Jul | vs Last Month |
---|---|---|
Apartment rentals | $997 | -25.6% |
Room rentals | $457 | -30.5% |
Townhouse rentals | $1,501 | -8.7% |
House rentals | $1,804 | -5.4% |
Duplex rentals | $1,221 | -14.3% |
Condo rentals | $1,275 | -24% |
The median rent for an apartment in Fayetteville, AR decreased by 25.6% to $997. Statistics show that house rent price decreased by 5.4% this month making it up to $1,804. Condos faced an upward trend these days. The median rent for a condo decreased by 24%, it’s now available for $1,275. You can now rent a duplex for $1,221, duplex rent price decreased by 14.3% this month. An average room will now go for $457, the median rent price for a room decreased by 30.5%. The median rent for a townhouse decreased by 8.7%, you’ll have to spend around $1,501 to get one.