ZIP Code · AR

ZIP 72923

Part of Barling, AR
Pop. 4,956·Sebastian County·39th most expensive ZIP in Arkansas
Median rent (all units)
$1,195/mo
Year-over-Year
Stable
Month-over-Month
+1.3%
vs US Median
-$737
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 72923 · $1,195
More affordable than 92% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$790
1 BR
$820
2 BR
$1,070
3 BR
$1,450
4 BR+
$1,750
Research median
$1,070/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

What a typical income covers

30% of the median household income ($54,157) is $1,354 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,070); a 3-bedroom is $1,450.

Cheaper nearby

ZIP 72903, 4 miles away, rents for 17% less ($996/mo), about $2,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 72923. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$14,340/yr
At $1,195/mo median
Location
StateAR
CountySebastian County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +1.3% MoM), not inventory.
Demographics

Who lives here

ZIP 72923 (Barling, AR) is majority owner-occupied, has a median income below the national average, 21.1% of residents hold a bachelor's degree or higher.

Population
4,956
Median income
$54,157
Median age
42.8
Renters
26.3%
Age distribution
18.5%
22.3%
27.4%
20%
Under 1818.5%
18–3422.3%
35–5427.4%
55–6411.8%
65+20%
Gender
43.6%
56.4%
Male43.6%
Female56.4%
Race & ethnicity
74.4%
13%
White74.4%
Black2.3%
Hispanic13%
Asian8.6%
Other1.8%
Education (25+)
41.4%
25.8%
21.1%
No HS diploma11.7%
HS diploma41.4%
Some college25.8%
Bachelor's+21.1%
Housing tenure
73.7%
26.3%
Owner73.7%
Renter26.3%

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

2021 vs 2026

How ZIP 72923 in Barling, AR has changed in 5 years

Income
$36,136 → $54,157
up 49.9%
Population
4,866 → 4,956
up 1.8%
Renter share
35.4% → 26.3%
-9.1 pts
Bachelor's+
30.5% → 21.1%
-9.4 pts
Median age
33.4 → 42.8
+9.4 yrs

Household income in the area moved from $36,136 to $54,157 across the same window, up 49.9% versus 2021. Census counts show ZIP 72923 in Barling, AR adding about 90 residents over the five-year window, up 1.8% on net. The renter share has eased from 35.4% to 26.3%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 30.5% to 21.1% across the same window.

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Local insights

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About renting in ZIP 72923

Last updated: October 17, 2026

ZIP code 72923 covers Barling, AR. The median rent here is $1,195/mo as of October 2026. A 1-bedroom rents for a median of $820/mo. A 2-bedroom rents for a median of $1,070/mo.

At 26% of local median household income ($54,157/yr), ZIP 72923 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 72923?

To keep rent at or below 30% of gross income, you would need to earn at least $48,000/year (about $23/hour full-time) to afford the median rent of $1,195/mo in ZIP 72923. The local median household income is $54,157/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 72923?

Rent in ZIP 72923 has been roughly flat over the past year, a 0.0% change.

How does ZIP 72923 compare to other ZIPs in Arkansas?

ZIP 72923 is in the middle among Arkansas ZIP codes for rent, ranking #39 of 61 at $1,195/mo.

How does ZIP 72923 compare to the rest of Barling?

At $1,195/mo, ZIP 72923 is $5 above the Barling citywide median of $1,190/mo.
Income Affordability
26%
AFFORDABLE

At $1,195/mo, rent takes ~26% of ZIP 72923's median household income ($54,157/yr). The standard benchmark is 30%.

ZIP 72923 26%Benchmark 30%
State income tax3.9%
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Schools nearby

Public schools near ZIP 72923 (Barling, AR)

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