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ZIP Code · AR

ZIP 72032

Part of Conway, AR
Pop. 34,469·Faulkner County·26th most expensive ZIP in Arkansas
Median rent (all units)
$1,394/mo
Year-over-Year
+7.2%
Month-over-Month
+13.6%
vs US Median
-$571
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 72032 · $1,394
More affordable than 81% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$990
1 BR
$990
2 BR
$1,150
3 BR
$1,540
4 BR+
$1,830
Research median
$1,150/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: July 20, 2026

Annual cost
$16,728/yr
At $1,394/mo median
Location
CityConway
StateAR
CountyFaulkner County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 7.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+7.2% YoY, +13.6% MoM), not inventory.
Demographics

Who lives here

ZIP 72032 (Conway, AR) is majority owner-occupied, has a median income below the national average, 30.2% of residents hold a bachelor's degree or higher.

Population
34,469
Median income
$64,695
Median age
33.8
Renters
36.6%
Age distribution
21.5%
29.6%
22.5%
13.1%
13.3%
Under 1821.5%
18–3429.6%
35–5422.5%
55–6413.1%
65+13.3%
Gender
48.1%
51.9%
Male48.1%
Female51.9%
Race & ethnicity
75.2%
14.5%
White75.2%
Black14.5%
Hispanic7.9%
Asian1.3%
Other1.1%
Education (25+)
31.5%
32%
30.2%
No HS diploma6.4%
HS diploma31.5%
Some college32%
Bachelor's+30.2%
Housing tenure
63.4%
36.6%
Owner63.4%
Renter36.6%

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

2021 vs 2026

How ZIP 72032 in Conway, AR has changed in 5 years

Income
$53,048 → $64,695
up 22.0%
Population
34,137 → 34,469
up 1.0%
Renter share
39.8% → 36.6%
-3.2 pts
Bachelor's+
24.7% → 30.2%
+5.5 pts
Median age
33 → 33.8
+0.8 yrs

Census figures show median household income at $64,695 today, compared with $53,048 five years earlier. Headcount in the area went from 34,137 to 34,469 between 2021 and 2024, a 1.0% change. About 36.6% of households rent today, against 39.8% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 24.7% to 30.2%.

Community

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Local insights

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About renting in ZIP 72032

Last updated: July 20, 2026

ZIP code 72032 covers Conway, AR. The median rent here is $1,394/mo as of July 2026. A 1-bedroom rents for a median of $990/mo. A 2-bedroom rents for a median of $1,150/mo.

At 26% of local median household income ($64,695/yr), ZIP 72032 ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 72032?

As of July 20, 2026, the median monthly rent in ZIP 72032 (Conway, AR) is $1,394. This is based on aggregated data from public sources and community submissions.

How does ZIP 72032 rent compare to the US average?

ZIP 72032's median rent of $1,394/mo is $571 (29%) below the US national median of $1,965/mo.

How does ZIP 72032 compare to other ZIPs in Arkansas?

ZIP 72032 falls in the middle range for Arkansas, ranking #26 out of 59 ZIPs at $1,394/mo.

How much income do you need to rent in ZIP 72032?

To keep rent at or below 30% of gross income, you would need to earn at least $56,000/year (~$27/hour full-time) to afford the median rent of $1,394/mo in ZIP 72032. The local median household income is $64,695/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 72032?

Rent in ZIP 72032 has increased 7.2% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 72032 an affordable place to rent?

ZIP 72032 is considered affordable for renters. At $1,394/mo, rent takes approximately 26% of the local median household income ($64,695/yr). The standard benchmark is 30%. ZIP 72032 falls comfortably within that range.

What percentage of ZIP 72032 residents rent vs. own?

According to Census data, approximately 36.6% of ZIP 72032 households are renters, while 63.4% are owner-occupied. ZIP 72032 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 72032 compare to the rest of Conway?

ZIP 72032 is more affordable than Conway overall. At $1,394/mo, it's $37 below the Conway citywide median of $1,431/mo.

When was rent data for ZIP 72032 last updated?

Rent data for ZIP 72032 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $1,394/mo, rent takes ~26% of ZIP 72032's median household income ($64,695/yr). The standard benchmark is 30%.

ZIP 72032 26%Benchmark 30%
State income tax3.9%
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Schools nearby

Public schools near ZIP 72032 (Conway, AR)

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