Property prices for rent in Little Rock (Arkansas)

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

$926
Average price last 6 months
$2.95
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Little Rock has risen strongly during the last 6 months. In August, the average price per sq.feet was $0.87. In September this price barely changed remaining at $0.9 per sq.feet. The price for the following two months in (October, November) had a considerable rise of 418 %. The price per sq.feet has had a considerable rise of 186 % 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 $2.29 to $4.26 during December, and January.

Average price

When referring to the price in Little Rock (cities), this has risen in the last 6 months. In our first sample month during August, the average price is $885. In September This price remains at $857. During the following two months (October, November) the price has had an average rise from $871 to $942. Based on an analysis of the first four prices and the last two months the average price has increased 106 % during the last two months.

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 $971 they are 26 % more affordable than the average price for Little Rock . The properties with the highest average price have 4 bedrooms, Their price is 85 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,042.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.84 / sq.feet, with an average $5.12 / sq.feet price in Little Rock. The properties with the most expensive average prices have 4 bedrooms. They are 286 % more expensive than the average followed by properties with 3 bedrooms with a price at $5.66 / 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 $971 it is 17 % more affordable than the average price in Little Rock. "" is seen as the second most affordable property type. The most expensive property type is "Commercial" followed by "Condo". At a price of $1,027 it is 7 % 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 $0.88 / sq.feet followed by "Condo" priced at $0.89 / sq.feet. "Commercial" is the most expensive type of property with a $10.37 / sq.feet value followed by "Condo" with an average price of $0.89 / sq.feet.

Charts data
Average price January
Average price per sq.feet January
Number of properties used in Little Rock
Number of properties used in region Arkansas
$971
$5.12
2,724
25,918
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value