City Report · AR

Centerton

Pop. 21,920·8th most expensive in Arkansas·Rental market data updated monthly for Centerton, AR
Median rent (all units)
$1,609/mo
Year-over-Year
+2.7%
Month-over-Month
+1.5%
vs US Median
-$353
Rising (Monthly)
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Most AffordableMost Expensive
Centerton · $1,609
More affordable than 68% of US cities · National median $1,962/mo
Rent Reality Score
58/100
Fairly priced
OverheatedFairGreat value

Rents are 4% below what Centerton's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,609/mo
Expected by trend
$1,680/mo
The Rent Reality Score compares today's median rent to where Centerton's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,070
1 BR
$1,160
2 BR
$1,390
3 BR
$1,950
4 BR+
$2,250
Fair Market Rent (HUD)
$1,390/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,609 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$19,308/yr
At $1,609/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.7% YoY, +1.5% MoM), not inventory.
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Demographics

Who lives here

Centerton, AR is majority owner-occupied, has a large share of families with children, has a median income above the national average, 42.2% of residents hold a bachelor's degree or higher.

Population
21,920
Median income
$115,713
Median age
32.4
Renters
34.4%
Age distribution
27.6%
28.3%
31.1%
Under 1827.6%
18–3428.3%
35–5431.1%
55–645.7%
65+7.2%
Gender
50.5%
49.5%
Male50.5%
Female49.5%
Race & ethnicity
60.2%
13.6%
14.2%
White60.2%
Black6%
Hispanic13.6%
Asian6%
Other14.2%
Education (25+)
23.3%
30.4%
42.2%
No HS diploma4.1%
HS diploma23.3%
Some college30.4%
Bachelor's+42.2%
Housing tenure
65.6%
34.4%
Owner65.6%
Renter34.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2022 vs 2026

How Centerton, AR has changed in 5 years

Rent
$1,417 → $1,609
up 13.5%
Income
$90,793 → $115,713
up 27.4%
Population
17,455 → 21,920
up 25.6%
Renter share
29.7% → 34.4%
+4.7 pts
Bachelor's+
35.4% → 42.2%
+6.8 pts
Median age
31.6 → 32.4
+0.8 yrs

Across the past five years, the going rent in Centerton, AR has shifted from $1,417 to $1,609, up 13.5% since 2022. Household income in the area moved from $90,793 to $115,713 across the same window, up 27.4% versus 2021. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show Centerton, AR adding about 4,465 residents over the five-year window, up 25.6% on net. The renter share has risen from 29.7% to 34.4%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 35.4% to 42.2% across the same window. Reading these numbers side by side helps frame whether current listings in Centerton, AR look reasonable against where the market sat half a decade ago.

Community

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View Centerton rent history (2015–2026) →
Salary vs rent

Can you afford rent in Centerton on your salary?

At $1,609/mo, how Centerton rent compares to typical pay (30% rule).

By apartment size

Centerton rent by bedroom count

Median rent for each apartment size in Centerton. Click any size for full breakdown.

Local insights

Tips for renters in Centerton

About renting in Centerton, AR

Last updated: August 17, 2026

The median rent in Centerton is $1,609/mo as of August 2026. A studio apartment averages $1,070/mo while a 2-bedroom runs $1,390/mo. One-bedroom apartments average $1,160/mo and 3-bedroom units go for $1,950/mo.

At 17% of local median household income ($115,713/yr), Centerton ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.7% over the past year.

FAQ

Frequently asked questions

Is Centerton an affordable city for renters?

Centerton is considered very affordable for renters. At $1,609/mo, rent takes approximately 17% of the local median household income ($115,713/yr). The standard benchmark is 30%. Centerton falls comfortably within that range.

How much income do you need to rent in Centerton?

To keep rent at or below 30% of gross income, you would need to earn at least $64,000/year (~$31/hour full-time) to afford the median rent of $1,609/mo in Centerton. The local median household income is $115,713/yr, meaning the typical Centerton household meets that threshold.

Is rent going up or down in Centerton?

Rent in Centerton has increased 2.7% over the past year as of August 2026, putting upward pressure on renter budgets.

How does Centerton rent compare to other cities in Arkansas?

Centerton is one of the pricier cities in Arkansas for rent, ranking #8 out of 36 tracked cities at $1,609/mo.

Which nearby cities are cheaper to rent in than Centerton?

Springdale is nearby and more affordable at $1,497/mo, which is $112 less than Centerton.

What percentage of Centerton residents rent vs. own?

According to Census data, approximately 34.4% of Centerton households are renters, while 65.6% are owner-occupied. Centerton leans toward homeownership, which can mean a smaller rental inventory.

How does Centerton rent compare to the national average?

Centerton's median rent of $1,609/mo is $353 (18%) below the US national median of $1,962/mo. Within Arkansas, it ranks #8 out of 36 tracked cities.
Income Affordability
17%
VERY AFFORDABLE

At $1,609/mo, rent takes ~17% of Centerton's median household income ($115,713/yr). The standard benchmark is 30%.

Centerton 17%Benchmark 30%
State income tax3.9%
Run the Centerton affordability calculator →
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Neighborhoods

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Public schools near Centerton, AR

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