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ZIP Code · AR

ZIP 72704

Pop. 32,497·Washington County·1st most expensive ZIP in Arkansas
Median rent (all units)
$1,832/mo
Year-over-Year
-1.5%
Month-over-Month
-0.4%
vs US Median
-$133
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 72704 · $1,832
More expensive than 51% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,100
1 BR
$1,220
2 BR
$1,470
3 BR
$2,040
4 BR+
$2,410
Research median
$1,470/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
$21,984/yr
At $1,832/mo median
Location
StateAR
CountyWashington County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 1.5% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-1.5% YoY, -0.4% MoM), not inventory.
Demographics

Who lives here

ZIP 72704 (Fayetteville, AR) is majority owner-occupied, skews toward younger working-age adults, has a median income above the national average, 52.9% of residents hold a bachelor's degree or higher.

Population
32,497
Median income
$96,014
Median age
33.9
Renters
34.5%
Age distribution
20.9%
30.8%
26.5%
12.2%
Under 1820.9%
18–3430.8%
35–5426.5%
55–6412.2%
65+9.5%
Gender
48.4%
51.6%
Male48.4%
Female51.6%
Race & ethnicity
74.2%
13.6%
White74.2%
Black2.4%
Hispanic7.7%
Asian2.1%
Other13.6%
Education (25+)
18.7%
22.6%
52.9%
No HS diploma5.7%
HS diploma18.7%
Some college22.6%
Bachelor's+52.9%
Housing tenure
65.5%
34.5%
Owner65.5%
Renter34.5%

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

2021 vs 2026

How ZIP 72704 in Fayetteville, AR has changed in 5 years

Rent
$1,420 → $1,832
up 29.0%
Income
$75,685 → $96,014
up 26.9%
Population
27,740 → 32,497
up 17.1%
Renter share
40.3% → 34.5%
-5.8 pts
Bachelor's+
51.4% → 52.9%
+1.5 pts
Median age
32 → 33.9
+1.9 yrs

Across the past five years, the going rent in ZIP 72704 in Fayetteville, AR has shifted from $1,420 to $1,832, up 29.0% since 2021. Median household income climbed from $75,685 to $96,014 between 2021 and 2024, a 26.9% shift. Census counts show ZIP 72704 in Fayetteville, AR adding about 4,757 residents over the five-year window, up 17.1% on net. The renter share has eased from 40.3% to 34.5%, with owner-occupied housing accounting for the remainder. Taken together, the five-year picture in ZIP 72704 in Fayetteville, 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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Local insights

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About renting in ZIP 72704

Last updated: July 20, 2026

ZIP code 72704 covers Fayetteville, AR. The median rent here is $1,832/mo as of July 2026. A 1-bedroom rents for a median of $1,220/mo. A 2-bedroom rents for a median of $1,470/mo.

At 23% of local median household income ($96,014/yr), ZIP 72704 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 1.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 72704?

As of July 20, 2026, the median monthly rent in ZIP 72704 (Fayetteville, AR) is $1,832. This is based on aggregated data from public sources and community submissions.

How does ZIP 72704 rent compare to the US average?

ZIP 72704's median rent of $1,832/mo is $133 (7%) below the US national median of $1,965/mo.

How does ZIP 72704 compare to other ZIPs in Arkansas?

ZIP 72704 is one of the pricier ZIP codes in Arkansas, ranking #1 out of 59 ZIPs tracked at $1,832/mo.

How much income do you need to rent in ZIP 72704?

To keep rent at or below 30% of gross income, you would need to earn at least $73,000/year (~$35/hour full-time) to afford the median rent of $1,832/mo in ZIP 72704. The local median household income is $96,014/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 72704?

Rent in ZIP 72704 has decreased 1.5% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 72704 an affordable place to rent?

ZIP 72704 is considered very affordable for renters. At $1,832/mo, rent takes approximately 23% of the local median household income ($96,014/yr). The standard benchmark is 30%. ZIP 72704 falls comfortably within that range.

What percentage of ZIP 72704 residents rent vs. own?

According to Census data, approximately 34.5% of ZIP 72704 households are renters, while 65.5% are owner-occupied. ZIP 72704 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 72704 compare to the rest of Fayetteville?

ZIP 72704 is pricier than Fayetteville as a whole. At $1,832/mo, it's $112 above the Fayetteville citywide median of $1,720/mo.

When was rent data for ZIP 72704 last updated?

Rent data for ZIP 72704 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
23%
VERY AFFORDABLE

At $1,832/mo, rent takes ~23% of ZIP 72704's median household income ($96,014/yr). The standard benchmark is 30%.

ZIP 72704 23%Benchmark 30%
State income tax3.9%
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Schools nearby

Public schools near ZIP 72704 (Fayetteville, AR)

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