North Little Rock, Arkansas Rental Market Trends

Disclaimer:

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 North Little Rock, Arkansas rental market.

North Little Rock, Arkansas

Average Apartment Rent

$1,079

Y-o-Y Change in Average
Apartment Rent

0.6%

As of May 2026

Compared to a year ago, North Little Rock, Arkansas apartments have recorded a 0.6% rent increase.

North Little Rock, Arkansas Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
North Little Rock $1,014 $1,022 $1,029 $1,061 $1,040 $1,071 $1,067 $1,073 $1,070
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
North Little Rock
National
Jul 2023
$1,014
$1,741
Nov 2023
$1,022
$1,732
Mar 2024
$1,029
$1,736
Jul 2024
$1,061
$1,756
Nov 2024
$1,040
$1,749
Mar 2025
$1,071
$1,755
Jul 2025
$1,067
$1,767
Nov 2025
$1,073
$1,753
Mar 2026
$1,070
$1,750

North Little Rock, Arkansas Average Apartment Rent

North Little Rock, Arkansas Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 46.81%, apartments priced Under $1,000 represent the bulk of North Little Rock, Arkansas rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 1.17%.

North Little Rock, Arkansas Housing tenure**

Renter occupied housing units 15,263
Owner occupied housing units 13,864

Renters take up 52% of North Little Rock, Arkansas real estate, occupying a total of 15,263 units, while homeowners live in 13,864 properties.

Median number of rooms of renter-occupied housing units**

4.3

Renter median household income**

$34,350

Average household size of renter-occupied housing units**

1.98

Rental vacancy rate**

8.6%

North Little Rock, Arkansas Renter-occupied housing units by no. of bedrooms**

No bedrooms 555
1 bed 3,442
2 beds 6,882
3 beds 3,968
4 beds 372

There are 6,882 rentals in North Little Rock, Arkansas with 2 beds making up the highest share of the market, at 45%. Units with 4 beds, on the other hand, hold the lowest percentage (2%), amounting to 372 units. Overall, the median number of rooms in North Little Rock, Arkansas homes for rent is 4.3.

North Little Rock, Arkansas Renter-occupied units by age of householder**

15 - 24 years 1,538
25 - 34 years 4,205
35 - 44 years 2,412
45 - 54 years 2,265
55 - 59 years 1,338
60 - 64 years 1,428
65 - 74 years 1,478
75 - 84 years 420
85 years and over 179

Most condos for rent in North Little Rock, Arkansas are occupied by residents in the 25 - 34 years age group (28%), followed by those in the 35 - 44 years age group (16%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

North Little Rock, Arkansas Renter-occupied housing units by family type**

Family households 5,930
Non-Family Households 9,333

North Little Rock, Arkansas Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 3,519
No related children of the householder under 18 11,744

A total of 5,930 apartments for rent in North Little Rock, Arkansas, or 39% of all rentals are family households. Additionally, 23% of rental homes include children under the age of 18 – that’s 3,519 units. All in all, the median size of a renter-occupied household in North Little Rock, Arkansas is 1.98.

North Little Rock, Arkansas Renter-occupied housing units by educational attainment**

Less than high school graduate 1,267
High school graduate (including equivalency) 4,418
Some college or associate's degree 5,425
Bachelor's degree or higher 4,153

In terms of education, renters holding bachelor degrees or higher make up 27% of the rental market. In contrast, residents with less than a high school degree reside in 8% of the homes for rent in North Little Rock, Arkansas.

North Little Rock, Arkansas Renter-occupied units by year structure built**

Built 2020 or later 284
Built 2010 - 2019 1,956
Built 2000 - 2009 2,271
Built 1990 - 1999 1,285
Built 1980 - 1989 1,554
Built 1970 - 1979 2,677
Built 1960 - 1969 2,699
Built 1950 - 1959 1,617
Built 1940 - 1949 525
Built 1939 or earlier 395

The highest share of North Little Rock, Arkansas apartment rentals, namely 18% or 2,699 units, were Built 1960 - 1969, followed by those Built 1970 - 1979 (18%, 2,677 units), and the ones Built 2000 - 2009 (15%, 2,271 units).

North Little Rock, Arkansas Renter-occupied units by year householder moved in**

Moved in 2021 or later 1,349
Moved in 2018 to 2020 6,293
Moved in 2010 to 2017 6,396
Moved in 2000 to 2009 886
Moved in 1990 to 1999 153
Moved in 1989 or earlier 186

Median year renter moved into unit 2018

Most North Little Rock, Arkansas renters (42%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their North Little Rock, Arkansas condos for rent is 2018.

North Little Rock, Arkansas Renter-occupied housing units by vehicles available**

No vehicle available 2,212
1 vehicle available 8,592
2 vehicles available 3,272
3 vehicles available 1,051
4 or more vehicles available 136

When it comes to transportation options, 56% of North Little Rock, Arkansas renters have 1 vehicle available per household, 21% of them have 2 vehicles available, and 14% have No vehicle available.

North Little Rock, Arkansas Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 11,253
Car, truck, or van - carpooled 1,579
Public transportation (excluding taxicab) 271
Walked 156
Taxicab, motorcycle, bicycle, or other means 684
Worked at home 890

North Little Rock, Arkansas Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 22,750
Moved within same county 3,945
Moved from different county within same state 1,945
Moved from different state 1,279

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 North Little Rock, 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

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