Downtown Fayetteville renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Downtown Fayetteville is about $885 per month. This puts it in the 13th percentile compared to the city average cost of rent, which is $1,047. Households in Downtown Fayetteville have a median income of $2,886 per month so the average renter in Downtown Fayetteville is spending roughly 31% of their earnings on housing.
Nationally, and in Downtown Fayetteville, home values are the data point most closely correlated with the cost of rent. The median price of a home in Downtown Fayetteville is $110,408 right now, which is lower than nearby neighborhoods, meaning that rents in Downtown Fayetteville also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the central parts of Downtown Fayetteville while lower rent rates are often available in southeastern areas.
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