The rental market in Fayetteville, AR is thriving and the city is one of the fastest-growing in the state. The city is known for its vibrant culture, excellent education, and numerous opportunities for recreation. With a population of over 85,000, Fayetteville is a great place to rent a home.
The city of Fayetteville has some of the best schools in the state, with high graduation rates and top-notch education. Fayetteville High School is ranked in the top 10 in the state and is the largest public high school in Arkansas. There are also numerous private schools, including Shiloh Christian, Northside High School, and St. Thomas Aquinas.
When it comes to neighborhoods, Fayetteville has something for everyone. The downtown area is perfect for those who want to be close to the action, with plenty of restaurants, bars, and entertainment venues. The east side of town is more residential, with quiet streets and plenty of parks. The south side is home to the University of Arkansas, as well as a variety of shops and restaurants. No matter which neighborhood you choose, you will be close to all the amenities that make Fayetteville great.
The average rent in Fayetteville
The average rental price of an apartment in Fayetteville, AR is $783 per month. The average rental price of a townhouse in Fayetteville, AR is $1,051 per month. The average rental price of a condo in Fayetteville, AR is $979 per month. The average rental price of a loft in Fayetteville, AR is $852 per month. The average rental price of a single family home in Fayetteville, AR is $1,286 per month.
Rental prices in Fayetteville, AR have seen a steady increase over the past 5 years. According to Zillow, the median rent for a one-bedroom apartment in Fayetteville was $630 in 2016 and has since increased to $850 in 2021. This represents an increase of 34.9% over the past 5 years. Additionally, the median rent for a two-bedroom apartment in Fayetteville was $735 in 2016 and has since increased to $1,089 in 2021, representing an increase of 48.2% over the past 5 years.
The median rental price for 1-bedroom apartments in Fayetteville, AR is $750. The median rental price for 2-bedroom apartments in Fayetteville, AR is $895. The median rental price for 3-bedroom apartments in Fayetteville, AR is $1050.
Fayetteville Public Schools (FPS) is the largest school district in Fayetteville, AR, and it has been consistently rated higher than the national average. FPS has been ranked among the top 10 percent of districts in the country for Academic Performance Index (API) scores, with a score of 845 in 2019. FPS also consistently outperforms the state and national averages in graduation rates, with a graduation rate of 91.2% in 2019, compared to the national average of 84.6%. FPS also has a higher student-teacher ratio than the national average, with 13 students per teacher compared to the national average of 16 students per teacher.
1. Downtown Fayetteville
2. University of Arkansas
3. Dickson Street
4. South Fayetteville
5. West Fayetteville
1. Dickson Street
2. Owenwood
3. Wilson Park
4. Wedington Woods
5. University Park