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|
|Oklahoma City, Oklahoma||$845||6%|
|Little Rock, Arkansas||$860||2%|