Median rent for residential in as of May, 2022.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
274 Little Rock, AR, USA apartments for rent
Little Rock
Little Rock, AR has a population of 197,780, while the median age is 36. The household income in Little Rock, AR is around $48,463. The homeownership rate among the residents is 56%. The median residential property value in Little Rock, AR that you should keep in mind is $159,900.
| Population | 197,780 |
| Median Age | 36 |
| Poverty Rate | 18% |
| Household Income | $48,463 |
| Number Of Employees | 96,179 |
| Median Property Value | $159,900 |
Business & Economy
Wage by Common Jobs
Average salary in Little Rock, AR: $39,919
- 1. Miscellaneous managers$79,907
- 2. Registered nurses$56,004
- 3. Firstline supervisors of retail sales workers$49,556
- 4. Elementary & middle school teachers$45,234
- 5. Driver/sales workers & truck drivers$43,189
Highest Paid Occupations
Numbers claim that the highest paid jobs in Little Rock, AR are Legal Occupations, Computer & Mathematical Occupations, Architecture & Engineering Occupations, Computer, Engineering, Science Occupations and Management Occupations.
Highest Paid Industries
Keeping in mind that the employment rate changed by 2% recently, there must be a strong understanding of industries people of Little Rock, AR work in. The highest paid industries are Utilities, Professional, Scientific, Technical Services, Finance & Insurance, Transportation & Warehousing, Utilities and Finance & Insurance, Real Estate & Rental & Leasing.
Demographics
Race & Ethnicity
According to latest census, Little Rock, AR is a home for 51% white residents. The second common group is black with 42% residents. The list of the most common racial or ethnic groups is closed by asian with 3% residents.
Non-English Speakers
Education
Past year Little Rock, AR universities awarded around 319,800 degrees. Statistics show that the population of students in Little Rock, AR includes 159,900 female students and 159,900 male students. Little Rock, AR offers private and public tuition with a median cost of $10,282 for private four-year colleges and $16,533 for in-state public four-year colleges. The largest university of this city is the University of Arkansas at Little Rock with the majority of graduates. The University of Arkansas for Medical Sciences and Baptist Health College-Little Rock hold the second and the third place respectively. The share of the public colleges in Little Rock, AR is 78 and 23 go to the private colleges.
Universities
- 1. University of Arkansas at Little Rock2,433 graduates
- 2. University of Arkansas for Medical Sciences930 graduates
- 3. Baptist Health College-Little Rock389 graduates
Public vs Private
Health and Safety
Primary care physicians in Little Rock, AR see an average of 890 patients, dentists 1,385 patients, metal health providers 261 patients, and other healthcare providers 923 patients per year.
Transportation
Commute Time
Average travel time: 17.9 minutes
Commuter Transportation
Citizens of Little Rock, AR travel to their offices around 18 minutes lately and drove alone to get there. The rest of the residents carpooled and worked at home.
Housing Trends
How much is an apartment in Little Rock, AR, USA
Average rent in Little Rock: $1,637 (+35.5%)
| Rent Price | May | vs Last Month |
|---|---|---|
| Studio rentals | $5,143 | N/A |
| 1 bed rentals | $1,065 | +27.1% |
| 2 bed rentals | $1,380 | +35.6% |
| 3 bed rentals | $1,420 | +4.6% |
| 4+ bed rentals | $2,865 | +65.6% |
Over the May 2022, the average rent for an apartment in/near Little Rock, AR increased by 35.5% to $1,637.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at $1,065 with no changes this month. Pricing for 2-bed apartment remains the same, a place of this size will still cost you $1,380. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $1,420. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $2,865 for a big-family home.
| Rent Type Price | May | vs Last Month |
|---|---|---|
| Apartment rentals | $1,378 | +38.5% |
| House rentals | $1,293 | -2.4% |
| Condo rentals | $1,155 | -6.9% |
| Duplex rentals | $877 | +4.7% |
| Room rentals | $600 | N/A |
| Townhouse rentals | $800 | N/A |
| Land rentals | $5,793 | N/A |
Looking at the median rent price for an apartment in Little Rock, AR, you can note that it remains flat with a price tag of $1,378. The median rent for a house is still $1,293 with no significant changes this month. Condo for rent is now available for the same pricing as previously — $1,155. An average duplex is now available for $877, cause median rent for a duplex remains the same this month. If you’re looking for a room, the price tag still starts at $600. The median price did not change this time. Townhouse rent pricing didn’t change, the price still starts at $800.
Rent vs Own
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