North Little Rock, AR—72118

As of July '25, Rentcast reports the average rent in North Little Rock, AR is $1,040, with a year-over-year rent change of 1.0%. Per bedroom, the median rent as of July '25 in North Little Rock, AR is studios: $535, 1-bedrooms: $791, 2-bedrooms: $842, 3-bedrooms: $1,240, 4-bedrooms: $1,430. The most common rental property sizes in North Little Rock, AR are 3-bedroom and 2-bedroom, accounting for 43.5% and 35.1% of the rental stock.

As of the latest ACS Survey released in 2023, North Little Rock, AR has a population of 23,500, which has increased by 11.1% over the past 5 years. North Little Rock, AR is a popular place for families, as children make up 26.8% of the population. The area has a poorly educated workforce, with 20.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.9% reporting working from home.

As of the latest ACS Survey released in 2023, North Little Rock, AR is a predominantly black area, with 42.2% of the population identifying as black. The black population has grown by 26.0% in the last 5 years. The second most common race or ethnicity in North Little Rock, AR is white, making up 41.9% of the population. Foreign-born residents account for 6.6% of the population in North Little Rock, AR, and this percentage has increased by 46.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

As of 2024, the percent of homes in North Little Rock, AR under the Section 8 program is 10.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In North Little Rock, AR, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.