Rent in Damascus, AR
A 2-bedroom in Damascus, AR (ZIP 72039) typically rents for about $727 a month, with a range of $727–$1,121. 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 | $964 | $964 | 1 |
| 1 bed | $969 | $969 | 1 |
| 2 beds | $727 | $727–$1,121 | 1 |
| 3 beds | $1,153 | $1,153–$1,504 | 1 |
| 4 beds | $1,810 | $1,810 | 1 |
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).
Damascus ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Damascus, AR?
- About $727 a month: the median of the typical rents in 1 ZIP code, which range from $727–$1,121. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Damascus, AR?
- About $969 a month: the median of the typical rents in 1 ZIP code, which range from $969. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Damascus, AR?
- About $1,153 a month: the median of the typical rents in 1 ZIP code, which range from $1,153–$1,504. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Damascus, AR?
- About $964 a month: the median of the typical rents in 1 ZIP code, which range from $964. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Damascus, AR?
- About $1,810 a month: the median of the typical rents in 1 ZIP code, which range from $1,810. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Damascus, 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 Damascus rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).