ZIP Code · AR

ZIP 72023

Part of Cabot, AR

Pop. 37,452·Lonoke County·21st most expensive ZIP in Arkansas

Median rent (all units)

$1,446/mo

Year-over-Year

+4.6%

Month-over-Month

+1.0%

vs US Median

-$486

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 72023 · $1,446

More affordable than 77% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$980

1 BR

$980

2 BR

$1,140

3 BR

$1,530

4 BR+

$1,810

Research median

$1,140/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 72023 is at its highest level since Zillow's records here began in October 2021.

Past year vs. the rest of Arkansas

Rent in ZIP 72023 changed +4.6% over the year to September 2026. Across the 44 Arkansas ZIP codes Zillow tracks, the typical change was +2.4%.

Recent direction

Rent has risen 3 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($76,931) is $1,923 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,810).

Cheaper nearby

ZIP 72076, 6 miles away, rents for 17% less ($1,200/mo), about $3,000 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 72023. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$17,352/yr

At $1,446/mo median

Location

CityCabot

StateAR

CountyLonoke County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 4.6% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+4.6% YoY, +1.0% MoM), not inventory.

Demographics

Who lives here

ZIP 72023 (Cabot, AR) is majority owner-occupied, has a large share of families with children, 24.9% of residents hold a bachelor's degree or higher.

Population

37,452

Median income

$76,931

Median age

37.2

Renters

27.1%

Age distribution

25.9%

21.3%

26.2%

15.1%

Under 1825.9%

18–3421.3%

35–5426.2%

55–6411.4%

65+15.1%

Gender

48.7%

51.3%

Male48.7%

Female51.3%

Race & ethnicity

87.2%

White87.2%

Black3%

Hispanic4.4%

Asian1.8%

Other3.5%

Education (25+)

33.2%

35.9%

24.9%

No HS diploma6%

HS diploma33.2%

Some college35.9%

Bachelor's+24.9%

Housing tenure

72.9%

27.1%

Owner72.9%

Renter27.1%

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

2022 vs 2026

How ZIP 72023 in Cabot, AR has changed in 5 years

Rent

$1,176 → $1,446

up 23.0%

Income

$66,135 → $76,931

up 16.3%

Population

36,333 → 37,452

up 3.1%

Renter share

29.4% → 27.1%

-2.3 pts

Bachelor's+

24.6% → 24.9%

+0.3 pts

Median age

36.5 → 37.2

+0.7 yrs

Five years ago, renters in ZIP 72023 in Cabot, AR paid around $1,176 a month. That figure now sits near $1,446, up 23.0% from the 2022 baseline. On the earnings side, the typical household in ZIP 72023 in Cabot, AR now reports about $76,931, up from $66,135 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 72023 in Cabot, AR adding about 1,119 residents over the five-year window, up 3.1% on net. The renter share has eased from 29.4% to 27.1%, with owner-occupied housing accounting for the remainder. For context, the 2022 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 72023 in Cabot, AR reflects that arc in its own way.

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About renting in ZIP 72023

Last updated: October 17, 2026

ZIP code 72023 covers Cabot, AR. The median rent here is $1,446/mo as of October 2026. A 1-bedroom rents for a median of $980/mo. A 2-bedroom rents for a median of $1,140/mo.

At 23% of local median household income ($76,931/yr), ZIP 72023 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 72023?

To keep rent at or below 30% of gross income, you would need to earn at least $58,000/year (about $28/hour full-time) to afford the median rent of $1,446/mo in ZIP 72023. The local median household income is $76,931/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 72023?

Rent in ZIP 72023 has risen 4.6% over the past year as of September 2026. That is the highest level since Zillow's records here began in October 2021.

How does ZIP 72023 compare to other ZIPs in Arkansas?

ZIP 72023 is one of the pricier among Arkansas ZIP codes for rent, ranking #21 of 61 at $1,446/mo. Over the year to September 2026, rent in ZIP 72023 changed +4.6%, against a typical +2.4% across the 44 Arkansas ZIP codes Zillow tracks.