Housing in Fayetteville
Detailed housing data — sourced from authoritative datasets and normalized for direct comparison.
Housing in Fayetteville, Arkansas
The housing market in Fayetteville presents a balanced environment, with the median property value reaching $349,600 in 2024, an 8.4% increase from the previous year. The homeownership rate in Fayetteville was 41.8% in 2024, which is lower than the national average. For renters, the average apartment rent in Downtown Fayetteville as of September 2026 was $1,402 for a one-bedroom and $1,608 for a two-bedroom unit.
Most residential development in Fayetteville occurred in the latter half of the 20th century, with a significant portion of homes built between 2000 and 2019. The city's growth has led to a demand for housing, but the market remains accessible, especially when considering the overall lower cost of living compared to national averages.
Housing
About Fayetteville, Arkansas
Fayetteville, Arkansas, nestled in the scenic Ozark Mountains, is a vibrant city known for its natural beauty, strong community, and as the home of the University of Arkansas. It consistently ranks as one of the best places to live in the U.S., attracting residents with its blend of outdoor activities, cultural attractions, and a welcoming atmosphere. The city's character is shaped by its Razorback pride, evident in the revitalized downtown area, particularly Dickson Street, which serves as a hub for live music, arts, and a diverse culinary scene.
Fayetteville has experienced significant growth, with its population estimated at 106,623 in 2025, making it the second-most populous city in Arkansas. People are drawn to Fayetteville for its balance of affordability, amenities, and a high quality of life, making it an appealing destination for young professionals, families, and students alike. The city's commitment to preserving its natural surroundings, with numerous parks, trails, and lakes, further enhances its appeal as a desirable place to call home.
About Arkansas
Arkansas, known as "The Natural State," offers diverse geography from the Ozark and Ouachita Mountains to the Mississippi River Delta, fostering a relaxed, nature-oriented lifestyle. The economy, historically rooted in agriculture with rice and poultry as leading products, has diversified to include significant contributions from manufacturing (food products, chemicals, wood and paper products, aerospace parts) and a growing service sector, largely influenced by Walmart's presence. Living in Arkansas is generally affordable, with a cost of living consistently below the national average, particularly for housing. The state experiences a humid subtropical climate with mild winters and hot, humid summers, and while property taxes are low, sales taxes can be high.
