Rent prices are up across the region by an average of 8% with the average one-bedroom apartment costing $1,134.
Across a 9-city report including major cities from Arkansas, Oklahoma, Texas and Tennessee, Conway had the lowest average rent at $700. Rent prices were up 8% here.
The highest average rent was found in Nashville with a one-bedroom costing $1,745. That’s up 14% over last year. The largest year-over-year increase was found in Rogers. A 20% increase brought the average one-bedroom to $1,311.
Check out the entire regional breakdown below.
| Location | Average Rent | Year-over-Year Increase |
|---|---|---|
| Conway, Arkansas | $700 | 8% |
| Fayetteville, Arkansas | $773 | 8% |
| Oklahoma City, Oklahoma | $845 | 6% |
| Little Rock, Arkansas | $860 | 2% |
| Memphis, Tennessee | $995 | 8% |
| Rogers, Arkansas | $1,311 | 20% |
| Dallas, Texas | $1,435 | 1% |
| Frisco, Texas | $1,545 | 4% |
| Nashville, Tennessee | $1,745 | 14% |