Rentometer, Inc. | Data as of 10/23/2025
Conway, Arkansas offers a balanced rental market that caters to a diverse range of tenants, from college students and young professionals to growing families. The city’s vibrant downtown, historic districts, and proximity to the University of Central Arkansas create a lively atmosphere, while nearby parks such as Lake Conway and the picturesque Faulkner County landscape provide ample outdoor recreation. These attractions, combined with a strong sense of community, make Conway a desirable place to call home.
Apartment seekers will find a variety of options across the city. One‑bedroom units typically fall in the $900s, with median rents near the $800 mark, while two‑bedroom apartments are generally priced in the $1000 range, reflecting a median close to $1,000. Larger family‑oriented apartments, including three‑bedroom and four‑plus bedroom layouts, command rents in the $1300s and $1400s respectively, with median rates aligning closely with those averages. This spectrum of apartment sizes ensures that renters can select a space that matches both their lifestyle and budget.
For those preferring a standalone residence, Conway’s housing stock includes well‑maintained houses that complement the city’s suburban charm. Two‑bedroom homes are commonly priced around the $1000 range, with median rents just below that level. Three‑bedroom houses often sit in the $1500s, while larger four‑plus bedroom properties are priced in the $2000 range, with median rents reflecting the higher end of the market. Across neighborhoods such as North Conway, Rutledge, and the historic Silas Creek area, renters enjoy easy access to schools, shopping, and cultural amenities, reinforcing Conway’s reputation as a welcoming and affordable place to live.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $915 | $835 | $635 - $1,300 | $780 - $1,000 |
| Apartment | 2 Bedroom | $1,052 | $999 | $725 - $1,599 | $910 - $1,250 |
| Apartment | 3 Bedroom | $1,329 | $1,312 | $1,060 - $1,999 | $1,199 - $1,400 |
| Apartment | 4+ Bedroom | $1,383 | $1,450 | $1,250 - $1,450 | $1,250 - $1,450 |
| House | 2 Bedroom | $999 | $950 | $725 - $1,600 | $850 - $1,100 |
| House | 3 Bedroom | $1,537 | $1,487 | $595 - $2,800 | $1,375 - $1,650 |
| House | 4+ Bedroom | $2,060 | $1,850 | $1,350 - $3,500 | $1,650 - $2,350 |
In the current period, the average rent in Conway was
$916 for 1 Bedroom,
$1,032 for 2 Bedroom,
$1,522 for 3 Bedroom, and
$2,002 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.