Fayetteville's Rental Market Among Most Competitive In The Nation

December 15, 2022

Community

Fayetteville's Rental Market Among Most Competitive In The Nation

NWA Daily

RentCafe recognized Fayetteville as the hottest small-sized rental market in the U.S. in a recent report on the most competitive rental markets of 2022.

  • Occupied: Fayetteville saw a record-high occupancy of 98.3% and has a lease renewal rate of 76.1%, making it difficult for prospective renters to find an apartment.
  • Line out the door: On average, a vacant unit in Fayetteville takes only two weeks to become occupied, and it's estimated there are 28 potential renters for every 1 apartment.

Read the full report HERE.

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