Rent in Conway, AR
Across Conway's 4 ZIP codes, a 2-bedroom typically rents for about $1,040 a month, with figures from $940–$1,121. The highest typical rent is in 72035 ($1,121) and the lowest in 72032 ($940). 2 ZIPs have ZIP-level figures from HUD or Census; the other 2 use the county Fair Market Rent. Owner-occupied homes in Faulkner County pay about 0.54% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,040 | $964–$1,368 | 4 |
| 1 bed | $905 | $830–$969 | 4 |
| 2 beds | $1,040 | $940–$1,121 | 4 |
| 3 beds | $1,443 | $1,178–$1,504 | 4 |
| 4 beds | $1,810 | $1,645–$1,810 | 4 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Conway ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Conway, AR?
- About $1,040 a month: the median of the typical rents in 4 ZIP codes, which range from $940–$1,121. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Conway, AR?
- About $905 a month: the median of the typical rents in 4 ZIP codes, which range from $830–$969. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Conway, AR?
- About $1,443 a month: the median of the typical rents in 4 ZIP codes, which range from $1,178–$1,504. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Conway, AR?
- About $1,040 a month: the median of the typical rents in 4 ZIP codes, which range from $964–$1,368. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Conway, AR?
- About $1,810 a month: the median of the typical rents in 4 ZIP codes, which range from $1,645–$1,810. Figures are gross rent (rent plus tenant-paid utilities).
- Which Conway ZIP code has the highest rent?
- For a 2-bedroom, 72035 has the highest typical rent at $1,121 a month, and 72032 the lowest at $940.
- What is the property tax rate in Conway, AR?
- Owner-occupied homes in Faulkner County pay a typical 0.54% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Conway rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).