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ZIP Code · AR

ZIP 72034

Part of Conway, AR
Pop. 50,285·Faulkner County·23rd most expensive ZIP in Arkansas
Median rent (all units)
$1,411/mo
Year-over-Year
+6.4%
Month-over-Month
-3.2%
vs US Median
-$551
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 72034 · $1,411
More affordable than 80% of US ZIP codes · National median $1,962/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: August 17, 2026

Annual cost
$16,932/yr
At $1,411/mo median
Location
CityConway
StateAR
CountyFaulkner County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+6.4% YoY, -3.2% MoM), not inventory.
Demographics

Who lives here

ZIP 72034 (Conway, AR) is roughly split between renters and owners, skews toward younger working-age adults, has a median income below the national average, 46.1% of residents hold a bachelor's degree or higher.

Population
50,285
Median income
$65,635
Median age
32.4
Renters
52.4%
Age distribution
20.9%
33.4%
23.5%
12.5%
Under 1820.9%
18–3433.4%
35–5423.5%
55–649.8%
65+12.5%
Gender
49.2%
50.8%
Male49.2%
Female50.8%
Race & ethnicity
72.2%
16.5%
White72.2%
Black16.5%
Hispanic6.4%
Asian1.4%
Other3.4%
Education (25+)
21.4%
27%
46.1%
No HS diploma5.5%
HS diploma21.4%
Some college27%
Bachelor's+46.1%
Housing tenure
47.6%
52.4%
Owner47.6%
Renter52.4%

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

2021 vs 2026

How ZIP 72034 in Conway, AR has changed in 5 years

Rent
$1,085 → $1,411
up 30.0%
Income
$51,526 → $65,635
up 27.4%
Population
47,096 → 50,285
up 6.8%
Renter share
51% → 52.4%
+1.4 pts
Bachelor's+
46.3% → 46.1%
-0.2 pts
Median age
31.5 → 32.4
+0.9 yrs

Since 2021, the typical rent in ZIP 72034 in Conway, AR has climbed from $1,085 to $1,411, a 30.0% change over five years. On the earnings side, the typical household in ZIP 72034 in Conway, AR now reports about $65,635, up from $51,526 in 2021. The population has grown by 6.8% since 2021, moving from about 47,096 residents to roughly 50,285. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 72034 in Conway, AR reflects that arc in its own way.

Community

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Local insights

Tips for renters in ZIP 72034

About renting in ZIP 72034

Last updated: August 17, 2026

ZIP code 72034 covers Conway, AR. The median rent here is $1,411/mo as of August 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 ($65,635/yr), ZIP 72034 ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 72034?

As of August 17, 2026, the median monthly rent in ZIP 72034 (Conway, AR) is $1,411. This is based on aggregated data from public sources and community submissions.

How does ZIP 72034 rent compare to the US average?

ZIP 72034's median rent of $1,411/mo is $551 (28%) below the US national median of $1,962/mo.

How does ZIP 72034 compare to other ZIPs in Arkansas?

ZIP 72034 falls in the middle range for Arkansas, ranking #23 out of 62 ZIPs at $1,411/mo.

How much income do you need to rent in ZIP 72034?

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 $1,411/mo in ZIP 72034. The local median household income is $65,635/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 72034?

Rent in ZIP 72034 has increased 6.4% over the past year as of August 17, 2026, putting upward pressure on renter budgets.

Is ZIP 72034 an affordable place to rent?

ZIP 72034 is considered affordable for renters. At $1,411/mo, rent takes approximately 26% of the local median household income ($65,635/yr). The standard benchmark is 30%. ZIP 72034 falls comfortably within that range.

What percentage of ZIP 72034 residents rent vs. own?

According to Census data, approximately 52.4% of ZIP 72034 households are renters, while 47.6% are owner-occupied. With a majority renter population, ZIP 72034 has a strong rental market.

How does ZIP 72034 compare to the rest of Conway?

ZIP 72034 is pricier than Conway as a whole. At $1,411/mo, it's $21 above the Conway citywide median of $1,390/mo.

When was rent data for ZIP 72034 last updated?

Rent data for ZIP 72034 reflects August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $1,411/mo, rent takes ~26% of ZIP 72034's median household income ($65,635/yr). The standard benchmark is 30%.

ZIP 72034 26%Benchmark 30%
State income tax3.9%
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Public schools near ZIP 72034 (Conway, AR)

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