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ZIP Code · AR

ZIP 72118

Pop. 22,913·Pulaski County·54th most expensive ZIP in Arkansas
Median rent (all units)
$1,024/mo
Year-over-Year
+6.9%
Month-over-Month
-1.6%
vs US Median
-$941
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 72118 · $1,024
More affordable than 97% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$970
1 BR
$970
2 BR
$1,130
3 BR
$1,520
4 BR+
$1,800
Research median
$1,130/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
$12,288/yr
At $1,024/mo median
Location
StateAR
CountyPulaski County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (6.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+6.9% YoY, -1.6% MoM), not inventory.
Demographics

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.

Population
22,913
Median income
$49,559
Median age
37
Renters
48.8%
Age distribution
24.2%
23.4%
23.9%
15%
13.5%
Under 1824.2%
18–3423.4%
35–5423.9%
55–6415%
65+13.5%
Gender
48.2%
51.8%
Male48.2%
Female51.8%
Race & ethnicity
45.6%
40.7%
12.4%
White45.6%
Black40.7%
Hispanic12.4%
Other1.2%
Education (25+)
13.7%
35.9%
29.7%
20.7%
No HS diploma13.7%
HS diploma35.9%
Some college29.7%
Bachelor's+20.7%
Housing tenure
51.2%
48.8%
Owner51.2%
Renter48.8%

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

2021 vs 2026

How ZIP 72118 in North Little Rock, AR has changed in 5 years

Income
$43,294 → $49,559
up 14.5%
Population
21,975 → 22,913
up 4.3%
Renter share
41.5% → 48.8%
+7.3 pts
Bachelor's+
18.9% → 20.7%
+1.8 pts

Median household income rose from $43,294 to $49,559 between 2021 and 2024, a 14.5% shift. 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.

Community

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Local insights

Tips for renters in ZIP 72118

About renting in ZIP 72118

Last updated: July 20, 2026

ZIP code 72118 covers North Little Rock, AR. The median rent here is $1,024/mo as of July 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 6.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 72118?

As of July 20, 2026, the median monthly rent in ZIP 72118 (North Little Rock, AR) is $1,024. This is based on aggregated data from public sources and community submissions.

How does ZIP 72118 rent compare to the US average?

ZIP 72118's median rent of $1,024/mo is $941 (48%) below the US national median of $1,965/mo.

How does ZIP 72118 compare to other ZIPs in Arkansas?

ZIP 72118 is among the more affordable ZIP codes in Arkansas, ranking #54 out of 59 ZIPs at $1,024/mo.

How much income do you need to rent in ZIP 72118?

To keep rent at or below 30% of gross income, you would need to earn at least $41,000/year (~$20/hour full-time) to afford the median rent of $1,024/mo in ZIP 72118. The local median household income is $49,559/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 72118?

Rent in ZIP 72118 has increased 6.9% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 72118 an affordable place to rent?

ZIP 72118 is considered affordable for renters. At $1,024/mo, rent takes approximately 25% of the local median household income ($49,559/yr). The standard benchmark is 30%. ZIP 72118 falls comfortably within that range.

What percentage of ZIP 72118 residents rent vs. own?

According to Census data, approximately 48.8% of ZIP 72118 households are renters, while 51.2% are owner-occupied. ZIP 72118 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 72118 compare to the rest of North Little Rock?

ZIP 72118 is more affordable than North Little Rock overall. At $1,024/mo, it's $98 below the North Little Rock citywide median of $1,122/mo.

When was rent data for ZIP 72118 last updated?

Rent data for ZIP 72118 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
25%
AFFORDABLE

At $1,024/mo, rent takes ~25% of ZIP 72118's median household income ($49,559/yr). The standard benchmark is 30%.

ZIP 72118 25%Benchmark 30%
State income tax3.9%
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Schools nearby

Public schools near ZIP 72118 (North Little Rock, AR)

Recent submissions

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