What is the cost of housing in Little Rock?
Question & Answer about Arkansas
Updated April 26, 2026
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Arkansas State Facts
State Flag
Arkansas
Capital
Little Rock
State Bird
Northern Mockingbird
Statehood
June 15, 1836
State Flower
Apple Blossom
Population
3.0 million (2020)
Answer
Housing costs in Little Rock, Arkansas, are generally more affordable compared to the national average and many other metropolitan areas. As of early 2024, the median home price in Little Rock typically ranges between $170,000 and $220,000, depending on the neighborhood and property type. Rental prices for apartments vary, with one-bedroom units averaging around $900 to $1,200 per month.
Little Rock’s housing market reflects its status as a mid-sized Southern city with a moderate cost of living. Neighborhoods closer to downtown or the River Market District may command higher prices due to amenities and proximity to cultural attractions, while suburban areas offer more affordable options. The city’s economy, which includes government, healthcare, and manufacturing sectors, supports a stable housing demand without extreme price volatility.
Overall, Little Rock offers a cost-effective housing market suitable for families, young professionals, and retirees, with a balance of urban and suburban living options in Arkansas’s capital city.
Key Points:
- Median home price: approximately $170,000 to $220,000
- Average rent for one-bedroom apartments: $900 to $1,200/month
- More expensive neighborhoods near downtown; affordable suburbs
- Stable market supported by diverse local economy
Little Rock’s housing market reflects its status as a mid-sized Southern city with a moderate cost of living. Neighborhoods closer to downtown or the River Market District may command higher prices due to amenities and proximity to cultural attractions, while suburban areas offer more affordable options. The city’s economy, which includes government, healthcare, and manufacturing sectors, supports a stable housing demand without extreme price volatility.
Overall, Little Rock offers a cost-effective housing market suitable for families, young professionals, and retirees, with a balance of urban and suburban living options in Arkansas’s capital city.
Key Points:
- Median home price: approximately $170,000 to $220,000
- Average rent for one-bedroom apartments: $900 to $1,200/month
- More expensive neighborhoods near downtown; affordable suburbs
- Stable market supported by diverse local economy
