Little Rock, AR cityscape
Markets / Arkansas / Little Rock
RENTAL MARKET INTELLIGENCE

Little Rock, AR

Income-focused buyers willing to underwrite flood exposure should investigate Little Rock; buyers dependent on strong employment or rent acceleration should avoid it.

Median price$233k
Median rent$1,277
Gross yield6.6%
Job growth▲ 0.2%
Metro Area · CBSA 3078040 public sourcesChecked nightly
SCORE / 10042RANK #393 / 571
Composite Market ScoreRank #393 of 571 scored US market areas
Direct rental answer

How much is rent in Little Rock, AR?

Zillow's metro-wide Observed Rent Index is $1,277 per month for 2026-06-30. That is up 2.32% from a year earlier.

Zillow ZORI$1,2772026-06-30

All homes and bedroom counts

Census ACS gross rent$1,055ACS 2024 5-year

Occupied rental units paying rent

HUD 2BR FMR$1,147FY2026 FMR

Two-bedroom standard

These figures are not averaged together. Zillow and Realtor describe asking-rent markets, ACS measures rent paid by surveyed households, and HUD publishes administrative bedroom standards.

Exact county schedules

HUD rent benchmarks inside Little Rock

Every row keeps its own county FIPS schedule. No county is selected as a metro proxy and no synthetic metro FMR is calculated.

FY2026 FMR · FY2026 · monthly gross-rent standards
CountyStudio1 BR2 BR3 BR4 BR
Pulaski County, ARFIPS 05119$984$989$1,147$1,540$1,822
Faulkner County, ARFIPS 05045$984$989$1,147$1,540$1,822
Saline County, ARFIPS 05125$984$989$1,147$1,540$1,822
Lonoke County, ARFIPS 05085$984$989$1,147$1,540$1,822
Grant County, ARFIPS 05053$795$800$968$1,226$1,539
Perry County, ARFIPS 05105$984$989$1,147$1,540$1,822
The read

Why this market scores where it does

Income-focused buyers willing to underwrite flood exposure should investigate Little Rock; buyers dependent on strong employment or rent acceleration should avoid it. A $232,765 median value and 6.58% gross yield provide a workable income starting point, but the market does not offer broad growth confirmation.

Median asking rent is $1,277 and rose 2.32%, while CES jobs increased just 0.18%. That mismatch supports current income more than a growth thesis. Rent equals 22.82% of median household income, leaving some affordability headroom, though the record does not show vacancy or operating expenses.

Execution risk is visible: inventory is at 3.6 months, median marketing time is 49 days, and 24.92% of listings had price drops. Those conditions may create negotiating room, but inland flood is the dominant hazard and the climate loss ratio is 0.1967%, so property-level insurance, elevation, and mitigation checks are essential.

Frequently Asked Investor Questions

What is the acquisition-income profile?
The median home value is $232,765, median asking rent is $1,277 per month, and published gross yield is 6.58%.
What does tax-filing migration show?
Tax filings show 14,310 households moved in and 13,159 moved out, a net gain of 1,151; average AGI was $56,804 for inbound movers and $59,945 for outbound movers, with a published gap of -$3,141.
Does the record provide vacancy or operating expenses?
No; neither vacancy nor operating expenses is published, so the record does not provide a net yield.

Investor Quick Takeaways

Gross Yield: 6.6%

Computed from the current Zillow rent and home-value medians.

Rent Momentum: ▲ 2.32%

Zillow ZORI rent growth trend over trailing 12 months.

Investor Activity: 15.8%

Originated investment purchase share (CFPB HMDA).

Climate Exposure: FEMA NRI

Annualized loss ratio evaluated for flood & hurricane risk.

Run Cash-Flow Test for Little Rock
Market pulse

The current market in eight signals

Fast-moving Redfin conditions sit beside the slower fundamentals so a buyer can separate today's negotiating climate from the long-run investment case.

Months of supply3.6 mo.▲ from 3.5 mo. a year ago
Median days on market49 days▼ from 51 days a year ago
Listings with price drops24.9%▲ from 24.9% a year ago
Sale-to-list ratio98.2%2026-05-01
Home value growth▲ 3.5%Zillow ZHVI · trailing 12 months
Rent growth▲ 2.32%Zillow ZORI · trailing 12 months
Gross rental yield6.6%Rent × 12 ÷ price
Payroll job growth▲ 0.2%CES · 12m to 2026-06
Release-to-release evidence

What actually changed

This comparison exists because at least one underlying source period advanced. Rebuilding the same data never creates a new observation.

Published score held steady4242
0 pts

The published component scores did not move in this release.

Weights were unchanged at metro-2026-07-v2-omb2023, so the movement comes from refreshed evidence and percentile ranks.

The named source periods advanced, but the measured values on this page held steady.

Composite breakdown

What each component measures

Weights are published, not hidden, and the arithmetic is shown. Five components, each measured as a national percentile across all tracked metros.

Jobs51Rent trend33Affordability62Supply36Climate safety24
Published arithmeticComponent × weight = points
42
SignalScoreWeightPoints
Job growth5130%15.30
Rent trend3325%8.25
Affordability6215%9.30
Supply pressure3615%5.40
Climate risk2415%3.60
Published score42
Little Rock, AR scoreRank #393
42
Job growth51/100

CES jobs grew 0.18% -> Employment momentum offers limited support for a growth-led rental thesis.

Rent trend33/100

Median asking rent rose 2.32% to $1,277 and gross yield is 6.58% -> Current income is more compelling than rent momentum.

Affordability62/100

Rent is 22.82% of median household income and price-to-income is 3.47 -> Median-income affordability is not the main constraint shown by the record.

Supply pressure36/100

Inventory is 3.6 months, median marketing time is 49 days, and 24.92% of listings had price drops -> Buyers may have negotiating room, while resale speed is not assured.

Climate risk24/100

Inland flood is the dominant hazard and the annual climate loss ratio is 0.1967% -> Insurance and property-level flood diligence belong in the acquisition screen.

The numbers

What this market costs and what it earns

Every derived ratio below recomputes from the same source record used by the article and score.

ZHVI Median Price
$233k
YoY ▲ 3.5%
ZORI Median Rent
$1,277
YoY ▲ 2.32%
Gross Rental Yield
6.6%
Rent × 12 ÷ price
$1,277 × 12 ÷ $232,765
Job Growth (YoY)
▲ 0.2%
CES payrolls
Job signal 51/100
Median Household Income
$67k
Census ACS 5-year
Rent Burden
22.8%
Annual rent ÷ household income
Price-to-Income
3.5x
Median value ÷ household income
HUD 2BR Fair Market Rent
$1,147
Market rent 111.3% of FMR
Historical affordability context

Compare aligned 2019 and 2024 asking-rent and nominal household-income endpoints across the direct-overlap metro set.

Independent rent evidence

One market, several legitimate rent benchmarks

These releases observe different homes and different moments. RentMarker keeps them separate: ZORI remains the scoring baseline, while the other sources test how sensitive the market story is to bedroom mix and measurement method.

Monthly benchmark4 of 4 reported values
Zero-based scale
Monthly rental benchmarksIndependent monthly rent measures shown on a zero-based scale. Missing source values are labelled unavailable and are not inferred.$0$375$750$1,125$1,500Zillow ZORI2026-06-30$1,277HUD 1BR FMRFY2026 FMR$989HUD 2BR FMRFY2026 FMR$1,147Census ACS gross rentACS 2024 5-year$1,055Monthly rental benchmarksIndependent monthly rent measures shown on a zero-based scale. Missing source values are labelled unavailable and are not inferred.$0$750$1,500Zillow ZORI2026-06-30$1,277HUD 1BR FMRFY2026 FMR$989HUD 2BR FMRFY2026 FMR$1,147ACS gross rentACS 2024 5-year$1,055
The chart compares published levels without averaging them. A longer bar does not mean a source is more accurate; it means that source measures a higher rent under its own definition.
Typical observed market rentZillow ZORI
$1,277Primary RentMarker baseline
2026-06-30

All homes and bedroom counts

A smoothed metro rent index for observed rentals; it is the primary rent used by RentMarker scores and career ratios.

View source release ↗
Fair Market RentHUD 1BR FMR
$989−$288 vs ZORI
FY2026 FMR

One-bedroom standard

An administrative gross-rent benchmark used by HUD programs; it is neither a listing median nor a prediction of one lease.

View source release ↗
Fair Market RentHUD 2BR FMR
$1,147−$130 vs ZORI
FY2026 FMR

Two-bedroom standard

An administrative gross-rent benchmark used by HUD programs; it is neither a listing median nor a prediction of one lease.

View source release ↗
Median gross rentCensus ACS gross rent
$1,055−$222 vs ZORI
ACS 2024 5-year

Occupied rental units paying rent

A five-year survey estimate of contract rent plus applicable tenant-paid utilities; it is not a current asking-rent index.

View source release ↗
Take the next step

Keep Little Rock as context, then replace market-wide evidence with the candidate property's facts.

Direct local rental evidence

Recent leases and rental-market liquidity in Little Rock, AR

These Apartment List observations match the exact metro CBSA code 30780. They are kept separate from Zillow asking rent, Census occupied-home rent and property-level comparables.

Direct recent-lease rent history

Monthly overall-rent index; missing observations are not filled from another geography.

$1,077$921$7642017-012026-07
Recent-lease rent$1,0332026-07 · -0.7% year over year
Rental vacancy6.3%2026-07 · -0.8 percentage points year over year
Time on marketn/an/a
Measured rent retention

How much of gross yield survives the first two measured deductions?

This bridge subtracts direct rental vacancy and effective property tax only. It is not net yield, NOI, cap rate or property cash flow.

Gross-to-retained yield bridgeApartment List 2026-07
Gross yield bridged to measured rent-retention yieldGross yield of 6.6%, less property-tax drag of 0.7% and vacancy drag of 0.4%, leaves measured rent retention of 5.5%.5.5%6.6%RETAINEDGROSS
measured retention property tax vacancy
Gross yield
6.6%
Vacancy
6.3%
Effective tax
0.7%
Retained yield
5.5%
Regional price level

What feels expensive inside Little Rock

BEA compares each category with the United States, which equals 100. This is a 2024 price-level comparison—not annual inflation.

BEA Regional Price Parities · 2024US = 100
Regional price parity categories for Little Rock, ARHorizontal bars compare all-items, housing, goods, utilities and other-services price levels with the United States benchmark of 100.60708090100110All items89.4Housing68.3Goods93.6Utilities74.6Other services95.3
Orange extends above the national level; emerald extends below it. The chart does not convert rent or income into purchasing power.
Occupation wage lens

How asking rent sits against major local occupations

Annualized Zillow asking rent is divided by each BLS annual median wage. This is a screening ratio for one wage, not a household budget or affordability verdict.

Six largest published major groupsannual rent ÷ median wage
Annualized asking rent compared with major occupational median wages in Little Rock, ARHorizontal bars show annualized Zillow asking rent as a share of the BLS annual median wage for six major occupational groups with the largest published employment.0%10%20%30%40%50%60%Office and AdministrativeSupport Occupations$41,600 median wage36.8%Transportation and MaterialMoving Occupations$40,440 median wage37.9%Sales and Related Occupations$33,560 median wage45.7%Healthcare Practitioners andTechnical Occupations$78,730 median wage19.5%Food Preparation and ServingRelated Occupations$27,950 median wage54.8%Management Occupations$88,860 median wage17.2%
Office and Administrative Support Occupations$41,600 median wage
36.8%
Transportation and Material Moving Occupations$40,440 median wage
37.9%
Sales and Related Occupations$33,560 median wage
45.7%
Healthcare Practitioners and Technical Occupations$78,730 median wage
19.5%
Food Preparation and Serving Related Occupations$27,950 median wage
54.8%
Management Occupations$88,860 median wage
17.2%
BLS OEWS 2025-05; Zillow rent 2026-06-30. The 30% line is a visible screen, not a RentMarker score or a claim about household costs.
Supply pipeline

What is being built, and for whom

Permits are the 12-to-24 month early warning. The total matters less than the mix: apartments compete with a rental the day they open.

National supply context

Compare this authorization pipeline with asking-rent growth, jobs and for-sale liquidity across the evidence-complete metro set.

Building permits by structure type
units per year · latest year annualised
Download CSV ↓
2,95120192,91420203,33820213,27920222,51720232,50620242,96320252,52020265+ unit buildingssingle family
2,520 units authorised in 2026, 5% of them in 5+ unit buildings. This is a single-family building cycle, so the competition is other houses, not new apartments. ✓ recomputed from series
Source: Census Building Permits Survey
Who is arriving, and who is buying

Demand, and the competition for it

Tax filings say how many households moved and what they earn; mortgage disclosures say how many local purchases went to someone who will not live there. Moves between counties inside this metro are netted out of both flow figures.

Net Household Move
+1,151
14,310 in vs 13,159 out (IRS SOI)
▲ 8.0% of arriving households
Mover Income Gap
−$3,141
Arriving $56,804 vs leaving $59,945
Average AGI per tax return (IRS SOI)
Investor Purchase Share
15.8%
1,552 of 9,840 originated purchase loans
CFPB HMDA 2024
Dominant Hazard
inland flooding
0.197% building value annual loss ratio
FEMA NRI · risk type: water
Compare yield and FEMA exposure →
Households arrive mainly from: Garland County · White County · Jefferson County · Washington County · Craighead County
14,310 in − 13,159 out = 1,151 net
Direct market links

Where tax-return households moved from and to

These are the largest flows where both counties map to a RentMarker market area. They are a documented subset of the all-US IRS totals above.

Explore every route
Leading inbound markets
  1. Hot Springs, AR650 arriving
  2. Searcy, AR614 arriving
  3. Dallas, TX587 arriving
Leading outbound markets
  1. Fayetteville, AR947 leaving
  2. Searcy, AR706 leaving
  3. Dallas, TX663 leaving
The other side

What would make this a bad buy

Generated from the same figures with the instruction to argue against the score, and published unedited. A page that only agrees with itself is an advertisement.

Three ways the case breaks

  1. CES job growth is only 0.18%, leaving the growth-led demand case weak.
  2. The recorded 2.32% rent growth trails 3.54% home-value growth, so recent pricing moved faster than rent.
  3. Inland flood is the dominant hazard, with an annual climate loss ratio of 0.1967%, exposing returns to property and insurance differences not detailed in the record.
Statistical peers

Market areas that behave like Little Rock

Nearest neighbours on price level, income, yield and job growth — not on geography. Every market page gets a different peer set, which is the point.

Market areaScorePriceRentYieldJob Growth
Little Rock, AR (Target)42$233k$1,2776.6%▲ 0.2%
Scranton, PA59$236k$1,3346.8%▲ 0.1%
Wichita, KS63$227k$1,2046.4%▲ 0.2%
Baton Rouge, LA40$250k$1,4036.7%▼ 0.0%
Greensboro, NC54$267k$1,4116.3%▲ 0.5%
Provenance

Where every figure came from

“Checked nightly” means every source is re-pulled and re-verified each night. It does not mean every source moves nightly — the release column tells you how fresh each number can possibly be.

Dataset SourceMethodRelease PeriodPulled Date
Census ACS 5-year — household income and gross rentdirectACS 2024 5-year2026-08-05
Census ACS 5-year — historical household incomedirectACS 2019 and 2024 5-year2026-08-05
Census ACS 5-year — populationdirectACS 2024 5-year2026-07-26
Apartment List Rent Estimates — recent-lease rent indexdirectApartment List 2026-072026-08-08
Apartment List Time on Market — listing liquiditydirectApartment List 2026-072026-08-08
Apartment List Vacancy Index — rental vacancydirectApartment List 2026-072026-08-08
BEA County Personal Income — income and populationdirect2024 County Personal Income (released 2026-02-05); history 1969-20242026-08-03
BEA Regional Price Parities — metropolitan price levelsdirect2024 Regional Price Parities (released 2026-02-19); history 2008-20242026-08-03
BLS CES — payroll employmentdirectCES SM current2026-07-26
BLS LAUS — resident employmentdirectLAUS current2026-07-26
BLS OEWS — occupation employment and wagesdirectMay 2025 OEWS estimates (released 2026-05-15)2026-08-03
BLS QCEW — county employment and wagesdirectannual county employment and wages 2021-2025; latest 2025 vs 20242026-08-02
OMB/BLS delineation — metro geographydirectOMB July 2023 delineation2026-07-30
Census Building Permits Survey — permitted unitsdirectBPS through 20262026-07-26
Census ACS 5-year — city population, households and housingdirectACS 2024 5-year2026-07-29
Census ACS 5-year — county housing value, tenure and stockdirectACS 2024 5-year2026-07-30
Census ACS 5-year — cities and communitiesdirectACS 2024 5-year2026-07-30
Census ACS five-year — ZCTA housing and incomedirectACS 2024 5-year ZCTA2026-08-08
FEMA National Risk Index — hazard loss ratiosmodelledNRI counties (FEMA ArcGIS)2026-07-26
FHFA House Price Index — annual county appreciationdirectannual county HPI history 1975-2025; latest 20252026-08-02
HMDA / CFPB — purchases by occupancy typedirectHMDA 2024 purchase originations2026-07-26
HUD CHAS — renter burden by HAMFI income banddirectHUD CHAS 2018-2022 ACS 5-year (released 2025-12-23)2026-08-03
HUD Fair Market Rents — Section 8 standarddirectFY2026 FMR2026-07-26
HUD USPS crosswalk and Small Area FMRs — ZIP rent fallbackdirectZIP-CBSA 2025Q4 + SAFMR FY20262026-07-26
HUD-USPS ZIP-to-county residential-address crosswalkdirectHUD-USPS 2026Q12026-08-09
IRS SOI — county migration and mover incomedirectSOI migration 2022-20232026-07-26
Freddie Mac PMMS — mortgage ratesdirectweek of 2026-07-302026-08-06
Census ACS 5-year — effective property taxdirectACS 2024 5-year2026-08-06
Realtor.com Economic Research — county listing inventorydirectcounty inventory 2026-062026-07-28
Realtor.com Rental Report — top-50 asking rentsdirecttop-50 rental asking rents 2026-052026-08-05
Redfin Data Center — inventory, days on market, and price cutsdirectmetro tracker through 2026-05-012026-07-26
Redfin Data Center — ZIP resale activity and supplydirectZIP rolling 3 months through 2026-06-30; updated 2026-07-032026-08-12
USDA ERS — Rural-Urban Continuum CodesdirectUSDA ERS 2023 Rural-Urban Continuum Codes2026-08-02
Zillow ZHVI and ZORI — county values and rentsdirectcounty ZHVI/ZORI 2026-062026-07-26
Zillow ZHVI — metro home valuesdirectMetro_zhvi_uc_sfrcondo_tier_0.33_0.67_sm_sa_month.csv2026-07-26
Zillow ZHVI — city home valuesdirectzillow_zhvi_city.csv2026-07-29
Zillow ZORI — metro market rentsdirectMetro_zori_uc_sfrcondomfr_sm_sa_month.csv2026-07-26
Zillow ZORI — city market rentsdirectzillow_zori_city.csv2026-07-29
Zillow ZORI - metro market rents, not seasonally adjusteddirectMetro_zori_uc_sfrcondomfr_sm_month.csv2026-08-15
Zillow ZORI — ZIP market rentsdirectZORI ZIP 2026-062026-08-08