ZIP 72118
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Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
March. Asking rents in ZIP 72118 usually run 1.4% below trend in March and 1.2% above it in November, about $26 a month apart at today's median. Based on 5 years of data.
Rent in ZIP 72118 is at its highest level since Zillow's records here began in July 2021.
Rent in ZIP 72118 changed +4.0% over the year to September 2026. Across the 44 Arkansas ZIP codes Zillow tracks, the typical change was +2.4%.
Rent rose in 6 of the last 12 months.
30% of the median household income ($49,559) is $1,239 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,130); a 3-bedroom is $1,520.
1st cheapest of 4 ZIP codes in North Little Rock.
From Zillow's monthly rent index (ZORI) for ZIP 72118. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
Who lives here
ZIP 72118 (North Little Rock, AR) is roughly split between renters and owners, has a median income below the national average, 20.7% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 72118 in North Little Rock, AR has changed in 5 years
Since 2022, the typical rent in ZIP 72118 in North Little Rock, AR has climbed from $827 to $1,019, a 23.2% change over five years. Median household income rose from $43,294 to $49,559 between 2021 and 2024, a 14.5% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 4.3% since 2021, moving from about 21,975 residents to roughly 22,913. Renters now make up 48.8% of households, compared with 41.5% five years ago. Taken together, the five-year picture in ZIP 72118 in North Little Rock, AR reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.
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Tips for renters in ZIP 72118
Last updated: October 17, 2026
ZIP code 72118 covers North Little Rock, AR. The median rent here is $1,019/mo as of October 2026. A 1-bedroom rents for a median of $970/mo. A 2-bedroom rents for a median of $1,130/mo.
At 25% of local median household income ($49,559/yr), ZIP 72118 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.0% over the past year.
Frequently asked questions
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How does ZIP 72118 compare to the rest of North Little Rock?
At $1,019/mo, rent takes ~25% of ZIP 72118's median household income ($49,559/yr). The standard benchmark is 30%.
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