ZIP Code · AR

ZIP 72204

Pop. 30,525·Pulaski County·45th most expensive ZIP in Arkansas
Median rent (all units)
$1,121/mo
Year-over-Year
+0.5%
Month-over-Month
-0.4%
vs US Median
-$811
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 72204 · $1,121
More affordable than 95% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,020
1 BR
$1,030
2 BR
$1,190
3 BR
$1,600
4 BR+
$1,890
Research median
$1,190/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

February. Asking rents in ZIP 72204 usually run 1.3% below trend in February and 1% above it in September, about $26 a month apart at today's median. Based on 7 years of data.

Compared with the peak

Rent in ZIP 72204 is 1.1% below its high of $1,134 in April 2026, at $1,121 as of September 2026.

Past year vs. the rest of Arkansas

Rent in ZIP 72204 changed +0.5% over the year to September 2026. Across the 44 Arkansas ZIP codes Zillow tracks, the typical change was +2.4%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 72204 rose 40.9% while median household income rose 7.9% ($37,891 to $40,882). Rent outpaced income.

Since before the pandemic

Rent in ZIP 72204 is 47.3% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 5 of the last 12 months.

What a typical income covers

30% of the median household income ($40,882) is $1,022 a month. That covers HUD's Fair Market Rent for up to a studio ($1,020); a 1-bedroom is $1,030.

Rank in Little Rock

4th cheapest of 10 ZIP codes in Little Rock.

From Zillow's monthly rent index (ZORI) for ZIP 72204. 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.

Annual cost
$13,452/yr
At $1,121/mo median
Location
StateAR
CountyPulaski 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 (+0.5% YoY, -0.4% MoM), not inventory.
Demographics

Who lives here

ZIP 72204 (Little Rock, AR) is majority owner-occupied, has a median income below the national average, 21.9% of residents hold a bachelor's degree or higher.

Population
30,525
Median income
$40,882
Median age
36.9
Renters
41.5%
Age distribution
19.9%
27.7%
25.1%
15.9%
Under 1819.9%
18–3427.7%
35–5425.1%
55–6411.5%
65+15.9%
Gender
47.2%
52.8%
Male47.2%
Female52.8%
Race & ethnicity
18.7%
63.9%
14.1%
White18.7%
Black63.9%
Hispanic14.1%
Asian0.5%
Other2.8%
Education (25+)
32.1%
35.3%
21.9%
No HS diploma10.7%
HS diploma32.1%
Some college35.3%
Bachelor's+21.9%
Housing tenure
58.5%
41.5%
Owner58.5%
Renter41.5%

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

2021 vs 2026

How ZIP 72204 in Little Rock, AR has changed in 5 years

Rent
$874 → $1,121
up 28.3%
Income
$37,229 → $40,882
up 9.8%
Population
30,628 → 30,525
down 0.3%
Renter share
41.5% → 41.5%
+0.0 pts
Bachelor's+
23.4% → 21.9%
-1.5 pts

Across the past five years, the going rent in ZIP 72204 in Little Rock, AR has shifted from $874 to $1,121, up 28.3% since 2021. Household income in the area moved from $37,229 to $40,882 across the same window, up 9.8% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Reading these numbers side by side helps frame whether current listings in ZIP 72204 in Little Rock, AR look reasonable against where the market sat half a decade ago.

Community

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Local insights

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About renting in ZIP 72204

Last updated: October 17, 2026

ZIP code 72204 covers Little Rock, AR. The median rent here is $1,121/mo as of October 2026. A 1-bedroom rents for a median of $1,030/mo. A 2-bedroom rents for a median of $1,190/mo.

At 33% of local median household income ($40,882/yr), ZIP 72204 ranks as moderate compared to the national benchmark of 30%. Rents have increased 0.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 72204?

To keep rent at or below 30% of gross income, you would need to earn at least $45,000/year (about $22/hour full-time) to afford the median rent of $1,121/mo in ZIP 72204. The local median household income is $40,882/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 72204?

Rent in ZIP 72204 has risen 0.5% over the past year as of September 2026. It sits 1.1% below its high of $1,134 in April 2026.

When is the cheapest time to rent in ZIP 72204?

Asking rents in ZIP 72204 are usually lowest in February, about 1.3% below their yearly trend, and highest in September, about 1% above it. At today's median that is a gap of roughly $26 a month. This pattern comes from 7 years of Zillow rent data.

Has rent outpaced income in ZIP 72204?

Yes. From 2019 to 2024, rent in ZIP 72204 rose 40.9% while median household income rose 7.9%, from $37,891 to $40,882. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 72204 compare to other ZIPs in Arkansas?

ZIP 72204 is one of the more affordable among Arkansas ZIP codes for rent, ranking #45 of 61 at $1,121/mo. Over the year to September 2026, rent in ZIP 72204 changed +0.5%, against a typical +2.4% across the 44 Arkansas ZIP codes Zillow tracks.

How does ZIP 72204 compare to the rest of Little Rock?

At $1,121/mo, ZIP 72204 is $63 below the Little Rock citywide median of $1,184/mo. It is the 4th cheapest of 10 ZIP codes in Little Rock.
Income Affordability
33%
MODERATE

At $1,121/mo, rent takes ~33% of ZIP 72204's median household income ($40,882/yr). The standard benchmark is 30%.

ZIP 72204 33%Benchmark 30%
State income tax3.9%
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Schools nearby

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