Cheapest Cities to Rent in Arkansas (2026)

Discover the most affordable cities for renters in Arkansas. These 2 cities offer the lowest rent prices in the state, perfect for budget-conscious renters.

$1,200
Cheapest 2BR
$1,200
State Average 2BR
$0
Monthly Savings
$0
Yearly Savings

Top 2 Cheapest Cities in Arkansas

Ranked by 2-bedroom rent price (lowest first)

RankCityStudio1 Bed2 Bed3 BedIncome Needed
#1
Fayetteville, AR$850$1,000$1,200$1,550$48,000/yr
#2
Little Rock, AR$850$1,000$1,200$1,550$48,000/yr

Why These Arkansas Cities Are Affordable

Arkansas ranks among the most affordable states for renters in the nation. Housing costs are well below national averages, making it an excellent choice for those prioritizing value.

  • Below-average housing costs: These cities have housing indices lower than the state average of 73
  • Lower demand: Smaller populations and less competitive markets keep prices reasonable
  • Diverse housing stock: Mix of older and newer buildings provides options at various price points
  • Regional economies: Local job markets support working populations without coastal-city premiums

Income Requirements

Using the standard 30% of income guideline, here's what you need to earn to afford rent in Arkansas's cheapest cities:

#1: Fayetteville
2BR: $1,200/mo requires $48,000/year
#2: Little Rock
2BR: $1,200/mo requires $48,000/year

How Arkansas's Cheapest Cities Compare

vs State Average
+$0/mo
more expensive than Arkansas average
vs National Average
-$200/mo
cheaper than US average
Cost of Living Index
87
Below national average (100)

What to Consider Before Moving

Best For

  • Budget-conscious renters
  • Retail industry professionals
  • Families seeking space
  • Outdoor enthusiasts

Considerations

  • Limited major metros
  • Smaller job market
  • Limited public transit