Most Affordable Neighborhoods in Fayetteville, AR

Some of the cheapest neighborhoods in Fayetteville are West 62, Hendricks-Maxwell-Stephens, and Jefferson-Walker. These neighborhoods offer some of the lowest rent prices in Fayetteville, making them ideal for renters on a budget. As of April 27, 2025, the average rent in Fayetteville is $912, which is 2.2% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.

West 62

Average Rent

$888/Month

TransitScore® Rating

0/100

Units Available

32 Rentals

West 62 is an affordable neighborhood in Fayetteville with an average rent price of $888. Compare this to the city average of $912. West 62 provides easy access to University of Arkansas, Stadium Center, and Northwest Ark. Comm. Coll.. It’s a car-dependent neighborhood with a WalkScore® of 36.

Hendricks-Maxwell-Stephens

Average Rent

$980/Month

TransitScore® Rating

0/100

Units Available

1 Rentals

If you’re looking for a great, affordable neighborhood in Fayetteville, Hendricks-Maxwell-Stephens might be the perfect place! It has an average rent price of $980, while the city’s average stands at $912. Hendricks-Maxwell-Stephens is near John Brown University, Oak Plaza, and Township & Gregg Center.

Jefferson-Walker

Average Rent

$995/Month

Year-Over-Year Rent Change

1.3%

TransitScore® Rating

0/100

Units Available

2 Rentals

Jefferson-Walker is a top choice for budget-conscious renters for a variety of reasons. The average rent in Jefferson-Walker is $995 while the city average is $912. This is a 1.3% difference from last year. Residents enjoy convenient access to John Brown University, University of Arkansas, and Wilson Park. The neighborhood is considered car-dependent with a WalkScore® of 45.

Greater Fayetteville

Average Rent

$1,168/Month

Year-Over-Year Rent Change

2.1%

TransitScore® Rating

0/100

Units Available

297 Rentals

When you’re looking for a great Fayetteville neighborhood on a budget, check out Greater Fayetteville. The average rent is $1,168, compared to the city average of $912. Rent prices have increased by 2.1%. Greater Fayetteville is convenient to Botanical Garden of the Ozarks, University of Arkansas, and Prairie Grove Battlefield State Park. The community is car-dependent with a WalkScore® of 40.

Wilson Park

Average Rent

$1,350/Month

Year-Over-Year Rent Change

1.3%

TransitScore® Rating

0/100

Units Available

4 Rentals

Wilson Park is an affordable neighborhood in Fayetteville with an average rent price of $1,350. Compare this to the city average of $912. In the past year, rent prices have increased by 1.3%. Wilson Park provides easy access to University of Arkansas, Evelyn Hills Shopping Center, and Uark Shopping Center. It’s a walkable neighborhood with a WalkScore® of 72.

Putnam

Average Rent

$1,353/Month

Year-Over-Year Rent Change

3.3%

TransitScore® Rating

0/100

Units Available

4 Rentals

If you’re looking for a great, affordable neighborhood in Fayetteville, Putnam might be the perfect place! It has an average rent price of $1,353, while the city’s average stands at $912. In the last year, prices have increased by 3.3%. Putnam is near John Brown University, University of Arkansas, and Northwest Arkansas Ntl.

VA Hill

Average Rent

$1,475/Month

TransitScore® Rating

0/100

Units Available

1 Rentals

VA Hill is a top choice for budget-conscious renters for a variety of reasons. The average rent in VA Hill is $1,475 while the city average is $912. Residents enjoy convenient access to Wilson Park, John Brown University, and Botanical Garden of the Ozarks. The neighborhood is considered car-dependent with a WalkScore® of 47.

Town Branch

Average Rent

$1,540/Month

Year-Over-Year Rent Change

1.3%

TransitScore® Rating

0/100

Units Available

21 Rentals

When you’re looking for a great Fayetteville neighborhood on a budget, check out Town Branch. The average rent is $1,540, compared to the city average of $912. Rent prices have increased by 1.3%. Town Branch is convenient to University Village Center, Arena Village, and Arkansas and Missouri Railroad. The community is somewhat walkable with a WalkScore® of 57.

Downtown Fayetteville

Average Rent

$1,595/Month

Year-Over-Year Rent Change

2.7%

TransitScore® Rating

0/100

Units Available

28 Rentals

Downtown Fayetteville is an affordable neighborhood in Fayetteville with an average rent price of $1,595. Compare this to the city average of $912. In the past year, rent prices have increased by 2.7%. Downtown Fayetteville provides easy access to Center Street Offices, Prairie Grove Battlefield State Park, and University of Arkansas. It’s a walkable neighborhood with a WalkScore® of 89.

Jennings Plus

Average Rent

$1,749/Month

TransitScore® Rating

0/100

Units Available

9 Rentals

If you’re looking for a great, affordable neighborhood in Fayetteville, Jennings Plus might be the perfect place! It has an average rent price of $1,749, while the city’s average stands at $912. Jennings Plus is near John Brown University, Northwest Ark. Comm. Coll., and Uark Shopping Center.

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Methodology

Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.

We've combined this data with public records to provide the most current rental information available.