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ZIP Code · AR

ZIP 72120

Part of Sherwood, AR
Pop. 34,365·Pulaski County·16th most expensive ZIP in Arkansas
Median rent (all units)
$1,509/mo
Year-over-Year
+5.3%
Month-over-Month
-0.7%
vs US Median
-$456
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 72120 · $1,509
More affordable than 73% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$990
1 BR
$1,000
2 BR
$1,160
3 BR
$1,560
4 BR+
$1,840
Research median
$1,160/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
$18,108/yr
At $1,509/mo median
Location
StateAR
CountyPulaski County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (5.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+5.3% YoY, -0.7% MoM), not inventory.
Demographics

Who lives here

ZIP 72120 (Sherwood, AR) is majority owner-occupied, 36.5% of residents hold a bachelor's degree or higher.

Population
34,365
Median income
$76,598
Median age
42.6
Renters
28.5%
Age distribution
20.2%
19.6%
26.9%
14.2%
19.1%
Under 1820.2%
18–3419.6%
35–5426.9%
55–6414.2%
65+19.1%
Gender
48.1%
51.9%
Male48.1%
Female51.9%
Race & ethnicity
65.9%
25%
White65.9%
Black25%
Hispanic4.3%
Asian1%
Other3.8%
Education (25+)
25.7%
33.6%
36.5%
No HS diploma4.2%
HS diploma25.7%
Some college33.6%
Bachelor's+36.5%
Housing tenure
71.5%
28.5%
Owner71.5%
Renter28.5%

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

2021 vs 2026

How ZIP 72120 in Sherwood, AR has changed in 5 years

Rent
$1,111 → $1,509
up 35.8%
Income
$67,133 → $76,598
up 14.1%
Population
33,397 → 34,365
up 2.9%
Renter share
29.2% → 28.5%
-0.7 pts
Bachelor's+
34.8% → 36.5%
+1.7 pts

Compared with 2021, rent in ZIP 72120 in Sherwood, AR has increased by $398 per month, settling near $1,509 after starting the period at $1,111. Census figures show median household income at $76,598 today, compared with $67,133 five years earlier. Rent outpaced income growth by roughly 21.7 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 33,397 to 34,365 between 2021 and 2024, a 2.9% change. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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Local insights

Tips for renters in ZIP 72120

About renting in ZIP 72120

Last updated: July 20, 2026

ZIP code 72120 covers Sherwood, AR. The median rent here is $1,509/mo as of July 2026. A 1-bedroom rents for a median of $1,000/mo. A 2-bedroom rents for a median of $1,160/mo.

At 24% of local median household income ($76,598/yr), ZIP 72120 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 72120?

As of July 20, 2026, the median monthly rent in ZIP 72120 (Sherwood, AR) is $1,509. This is based on aggregated data from public sources and community submissions.

How does ZIP 72120 rent compare to the US average?

ZIP 72120's median rent of $1,509/mo is $456 (23%) below the US national median of $1,965/mo.

How does ZIP 72120 compare to other ZIPs in Arkansas?

ZIP 72120 is one of the pricier ZIP codes in Arkansas, ranking #16 out of 59 ZIPs tracked at $1,509/mo.

How much income do you need to rent in ZIP 72120?

To keep rent at or below 30% of gross income, you would need to earn at least $60,000/year (~$29/hour full-time) to afford the median rent of $1,509/mo in ZIP 72120. The local median household income is $76,598/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 72120?

Rent in ZIP 72120 has increased 5.3% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 72120 an affordable place to rent?

ZIP 72120 is considered very affordable for renters. At $1,509/mo, rent takes approximately 24% of the local median household income ($76,598/yr). The standard benchmark is 30%. ZIP 72120 falls comfortably within that range.

What percentage of ZIP 72120 residents rent vs. own?

According to Census data, approximately 28.5% of ZIP 72120 households are renters, while 71.5% are owner-occupied. ZIP 72120 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 72120 compare to the rest of Sherwood?

ZIP 72120 is pricier than Sherwood as a whole. At $1,509/mo, it's $11 above the Sherwood citywide median of $1,498/mo.

When was rent data for ZIP 72120 last updated?

Rent data for ZIP 72120 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
24%
VERY AFFORDABLE

At $1,509/mo, rent takes ~24% of ZIP 72120's median household income ($76,598/yr). The standard benchmark is 30%.

ZIP 72120 24%Benchmark 30%
State income tax3.9%
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Schools nearby

Public schools near ZIP 72120 (Sherwood, AR)

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