Property prices for rent in Little Rock (Arkansas)

The rent prices in real estate in Little Rock, in the Arkansas region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

$910.83
Average price last 6 months
$2.3
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Little Rock has had a strong fall during the last 6 months. In February, the average price per sq.feet was $6.82. In the following month the price per sq.feet fell considerably to $2.52. The price for the following two months in (April, May) had a considerable fall of 21 with regard to the previous two months. The price per sq.feet has had a considerable fall of 44 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $2.82 to $1.25 during June, and July.

Average price

When referring to the price in Little Rock (cities), there have hardly been any changes in the last 6 months. In our first sample month during February, the average price is $929. In March This price remains at $907. In the following two months the average price has hardly changed with regard to the previous two months from $918 to $922. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $920 and $892.5 between June and July.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $890 they are 17 % more affordable than the average price for Little Rock . The properties with the highest average price have 4 bedrooms, Their price is 53 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,072.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.78 / sq.feet, with an average $1.49 / sq.feet price in Little Rock. The properties with the most expensive average prices have 3 bedrooms. They are 136 % more expensive than the average followed by properties with 1 bedroom with a price at $1.07 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $890 it is 12 % more affordable than the average price in Little Rock. "" is seen as the second most affordable property type. The most expensive property type is "Land" followed by "". At a price of $926 it is 22 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "House" at an average price of $0.92 / sq.feet followed by "Land" priced at $4.75 / sq.feet. "Land" is the most expensive type of property with a $4.75 / sq.feet value followed by "House" with an average price of $0.92 / sq.feet.

Charts data
Average price July
Average price per sq.feet July
Number of properties used in Little Rock
Number of properties used in region Arkansas
$890
$1.49
2,542
16,146
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value