Homes & Apartments for Rent in Conway, AR

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What to Know About

Living in Conway, AR

Conway is a charming city in central Arkansas, known for its friendly community, vibrant downtown, natural beauty, and proximity to Little Rock. It's home to several museums and landmarks that showcase its history, including the Faulkner County Museum and the Baum Gallery at the University of Central Arkansas. Heralded for its excellent educational institutions, Conway is home to the University of Central Arkansas and Hendrix College which offer excellent educational opportunities. In addition, healthcare, education, and retail industries strengthen Conway's local economy offering ample job opportunities.

Outdoor enthusiasts can explore the city's beautiful environment, such as Lake Conway and Cadron Settlement Park. Conway presents a wide variety of dining options, from traditional Southern cuisine to international delicacies. In addition, Conway offers several community events that occur annually, such as the Toad Suck Daze Festival and the Faulkner County Fair, which unites everyone.

With its family-friendly atmosphere, affordable cost of living, and strong sense of community, Conway is a fantastic place to call home for those who seek a smaller-town feel with access to big-city amenities.

Rental Market Trends

Conway, AR

As of April 2026, Conway's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Conway's average rent is 11.4% ($127) higher than the Arkansas average of $1,113 and 30.6% ($548) lower than the U.S. average of $1,788.

Average Rent
$1,240
Monthly ChangeMonth Over Month Change
Decreased18.8% ($287)
Yearly ChangeYear Over Year Change
Decreased24.2% ($396)
Avg. Days on MarketAverage Days on Market
39
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $993 Decreased21.6% ($274) Decreased28.3% ($391)
2 Beds $1,101 Decreased21.6% ($303) Decreased31.5% ($507)
3 Beds $1,473 Decreased21.6% ($406) Decreased22% ($415)
Nearby Cities Average Rent Avg. Rent vs. ConwayAverage Rent vs. Conway Avg. Days on MarketAverage Days on Market
Mayflower $650 Decreased47.6% ($590) 37 days
Vilonia $1,135 Decreased8.5% ($105) 33 days
Maumelle $1,387 Increased11.9% ($147) 34 days
Sherwood $1,013 Decreased18.3% ($227) 30 days
Jacksonville $832 Decreased32.9% ($408) 28 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Conway Rental Market FAQs

Explore rental prices, market trends, and availability in Conway, AR.

The average rent in Conway, AR is $1,240 per month.
Homes in Conway typically rent for between $695 and $1,915 per month, with an average of $1,240 per month.
In Conway, the average rent for a 1-bedroom home is $993 per month, for a 2-bedroom home, $1,101 per month, and a 3-bedroom home is $1,473 per month.
The average rent in Conway is 30.6% ($548) lower than the national average of $1,788 per month.
The average rent in Conway has decreased by 18.8% ($287) in the last month and decreased by 24.2% ($396) over the past year.
The rental market in Conway, AR, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Conway, AR, the average rental stays on the market for approximately 39 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 29 rental properties available in Conway, AR.
Based on the current averages, a household would need an annual income of $44,040 to comfortably afford a 2-bedroom home in Conway.
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