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.
|Number Of Employees||41,067|
|Median Property Value||$193,000|
|Rent Price||Jul||vs Last Month|
|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|
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.