ZIP Code · AR

ZIP 72701

Pop. 49,835·Washington County·8th most expensive ZIP in Arkansas
Median rent (all units)
$1,627/mo
Year-over-Year
+3.8%
Month-over-Month
+0.4%
vs US Median
-$305
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 72701 · $1,627
More affordable than 63% 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
$1,130
2 BR
$1,360
3 BR
$1,890
4 BR+
$2,230
Research median
$1,360/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

October. Asking rents in ZIP 72701 usually run 1.1% below trend in October and 0.8% above it in April, about $31 a month apart at today's median. Based on 8 years of data.

Compared with the peak

Rent in ZIP 72701 is at its highest level since Zillow's records here began in January 2018.

Past year vs. the rest of Arkansas

Rent in ZIP 72701 changed +3.8% 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 72701 rose 45.1% while median household income rose 45.9% ($38,031 to $55,506). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 72701 is 52.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 10 months in a row, and rose in 11 of the last 12 months.

What a typical income covers

30% of the median household income ($55,506) is $1,388 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,360); a 3-bedroom is $1,890.

Rank in Fayetteville

2nd cheapest of 3 ZIP codes in Fayetteville.

Cheaper nearby

ZIP 72703, 9 miles away, rents for 11% less ($1,449/mo), about $2,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 72701. 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
$19,524/yr
At $1,627/mo median
Location
StateAR
CountyWashington County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.8% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.8% YoY, +0.4% MoM), not inventory.
Demographics

Who lives here

ZIP 72701 (Fayetteville, AR) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 43.7% of residents hold a bachelor's degree or higher.

Population
49,835
Median income
$55,506
Median age
24.3
Renters
56.6%
Age distribution
15.8%
46.9%
18.9%
Under 1815.8%
18–3446.9%
35–5418.9%
55–648.2%
65+10.3%
Gender
48.9%
51.1%
Male48.9%
Female51.1%
Race & ethnicity
72.5%
White72.5%
Black5.5%
Hispanic9.1%
Asian2.4%
Other10.5%
Education (25+)
26.3%
23.9%
43.7%
No HS diploma6.1%
HS diploma26.3%
Some college23.9%
Bachelor's+43.7%
Housing tenure
43.4%
56.6%
Owner43.4%
Renter56.6%

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

2021 vs 2026

How ZIP 72701 in Fayetteville, AR has changed in 5 years

Rent
$1,173 → $1,627
up 38.7%
Income
$44,542 → $55,506
up 24.6%
Population
46,959 → 49,835
up 6.1%
Renter share
57.3% → 56.6%
-0.7 pts
Bachelor's+
44% → 43.7%
-0.3 pts

Five years ago, renters in ZIP 72701 in Fayetteville, AR paid around $1,173 a month. That figure now sits near $1,627, up 38.7% from the 2021 baseline. Local incomes tracked alongside that move, going from a median of $44,542 in 2021 to $55,506 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 72701 in Fayetteville, AR adding about 2,876 residents over the five-year window, up 6.1% on net. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 72701 in Fayetteville, AR market of 2021.

Community

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Local insights

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About renting in ZIP 72701

Last updated: October 17, 2026

ZIP code 72701 covers Fayetteville, AR. The median rent here is $1,627/mo as of October 2026. A 1-bedroom rents for a median of $1,130/mo. A 2-bedroom rents for a median of $1,360/mo.

At 35% of local median household income ($55,506/yr), ZIP 72701 ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 72701?

To keep rent at or below 30% of gross income, you would need to earn at least $65,000/year (about $31/hour full-time) to afford the median rent of $1,627/mo in ZIP 72701. The local median household income is $55,506/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 72701?

Rent in ZIP 72701 has risen 3.8% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2018.

When is the cheapest time to rent in ZIP 72701?

Asking rents in ZIP 72701 are usually lowest in October, about 1.1% below their yearly trend, and highest in April, about 0.8% above it. At today's median that is a gap of roughly $31 a month. This pattern comes from 8 years of Zillow rent data.

Has rent outpaced income in ZIP 72701?

No. From 2019 to 2024, rent in ZIP 72701 rose 45.1% while median household income rose 45.9%, from $38,031 to $55,506. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 72701 compare to other ZIPs in Arkansas?

ZIP 72701 is one of the pricier among Arkansas ZIP codes for rent, ranking #8 of 61 at $1,627/mo. Over the year to September 2026, rent in ZIP 72701 changed +3.8%, against a typical +2.4% across the 44 Arkansas ZIP codes Zillow tracks.

How does ZIP 72701 compare to the rest of Fayetteville?

At $1,627/mo, ZIP 72701 is $46 above the Fayetteville citywide median of $1,581/mo. It is the 2nd cheapest of 3 ZIP codes in Fayetteville.
Income Affordability
35%
MODERATE

At $1,627/mo, rent takes ~35% of ZIP 72701's median household income ($55,506/yr). The standard benchmark is 30%.

ZIP 72701 35%Benchmark 30%
State income tax3.9%
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Schools nearby

Public schools near ZIP 72701 (Fayetteville, AR)

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