Alma, Arkansas Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Alma, Arkansas rental market.
Alma, Arkansas
Average Apartment Rent
$706
Y-o-Y Change in Average
Apartment Rent
19.9%
As of March 2026
Compared to a year ago, Alma, Arkansas apartments have recorded a 19.9% rent increase.
Alma, Arkansas Average apartment rent trend
Alma, Arkansas Average Apartment Rent
Alma, Arkansas Apartment rent ranges
At 73.11%, apartments priced Under $1,000 represent the bulk of Alma, Arkansas rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 26.89%.
Alma, Arkansas Housing tenure**
Renters take up 53% of Alma, Arkansas real estate, occupying a total of 1,042 units, while homeowners live in 942 properties.
Median number of rooms of renter-occupied housing units**
4.7
Renter median household income**
$31,023
Average household size of renter-occupied housing units**
3.15
Rental vacancy rate**
15%
Alma, Arkansas Renter-occupied housing units by no. of bedrooms**
There are 420 rentals in Alma, Arkansas with 3 beds making up the highest share of the market, at 40%. Units with No bedrooms, on the other hand, hold the lowest percentage (4%), amounting to 46 units. Overall, the median number of rooms in Alma, Arkansas homes for rent is 4.7.
Alma, Arkansas Renter-occupied units by age of householder**
Most condos for rent in Alma, Arkansas are occupied by residents in the 35 - 44 years age group (32%), followed by those in the 45 - 54 years age group (23%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 4%.
Alma, Arkansas Renter-occupied housing units by family type**
Alma, Arkansas Renter-occupied housing units by the presence of own children**
A total of 679 apartments for rent in Alma, Arkansas, or 65% of all rentals are family households. Additionally, 58% of rental homes include children under the age of 18 – that’s 604 units. All in all, the median size of a renter-occupied household in Alma, Arkansas is 3.15.
Alma, Arkansas Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 6% of the rental market. In contrast, residents with less than a high school degree reside in 8% of the homes for rent in Alma, Arkansas.
Alma, Arkansas Renter-occupied units by year structure built**
The highest share of Alma, Arkansas apartment rentals, namely 25% or 263 units, were Built 1980 - 1989, followed by those Built 2000 - 2009 (20%, 207 units), and the ones Built 1990 - 1999 (17%, 175 units).
Alma, Arkansas Renter-occupied units by year householder moved in**
Median year renter moved into unit 2015
Most Alma, Arkansas renters (56%) moved in 2010 to 2017, while only 3% of them moved in 2021 or later. Overall, the median year renters have occupied their Alma, Arkansas condos for rent is 2015.
Alma, Arkansas Renter-occupied housing units by vehicles available**
When it comes to transportation options, 55% of Alma, Arkansas renters have 1 vehicle available per household, 17% of them have 2 vehicles available, and 15% have No vehicle available.
Alma, Arkansas Means of transportation to work of householders living in renter-occupied housing units**
Alma, Arkansas Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Alma, Arkansas apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
