Cheapest Neighborhoods in Fayetteville, AR
Some of the cheapest neighborhoods in Fayetteville are West 62, Bel-Air Acres, and Greater Fayetteville. These neighborhoods offer some of the lowest rent prices in Fayetteville, making them ideal for renters on a budget. As of September 15, 2026, the average rent in Fayetteville is $984, which is 0.4% lower 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
$907/Month
Units Available
15 Rentals
West 62 is an affordable neighborhood in Fayetteville with an average rent price of $907. Compare this to the city average of $984. West 62 provides easy access to University of Arkansas, Northwest Ark. Comm. Coll., and Botanical Garden of the Ozarks.
Bel-Air Acres
Average Rent
$1,037/Month
Units Available
11 Rentals
If you’re looking for a great, affordable neighborhood in Fayetteville, Bel-Air Acres might be the perfect place! It has an average rent price of $1,037, while the city’s average stands at $984. Bel-Air Acres is near University of Arkansas, Northwest Arkansas Ntl, and Arkansas and Missouri Railroad.
Greater Fayetteville
Average Rent
$1,289/Month
Year-Over-Year Rent Change
0.6%
Units Available
415 Rentals
Greater Fayetteville is a top choice for budget-conscious renters for a variety of reasons. The average rent in Greater Fayetteville is $1,289 while the city average is $984. This is a -0.6% difference from last year. Residents enjoy convenient access to Botanical Garden of the Ozarks, Northwest Arkansas Ntl, and University Square.
Town Branch
Average Rent
$1,647/Month
Year-Over-Year Rent Change
7.2%
Units Available
19 Rentals
When you’re looking for a great Fayetteville neighborhood on a budget, check out Town Branch. The average rent is $1,647, compared to the city average of $984. Rent prices have decreased by 7.2%. Town Branch is convenient to Southgate Shopping Center, University of Arkansas, and Northwest Arkansas Ntl.
Downtown Fayetteville
Average Rent
$1,840/Month
Year-Over-Year Rent Change
0.7%
Units Available
40 Rentals
Downtown Fayetteville is an affordable neighborhood in Fayetteville with an average rent price of $1,840. Compare this to the city average of $984. In the past year, rent prices have increased by 0.7%. Downtown Fayetteville provides easy access to Wilson Park, Prairie Grove Battlefield State Park, and University of Arkansas.
Jennings Plus
Average Rent
$1,871/Month
Units Available
16 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 $1,871, while the city’s average stands at $984. Jennings Plus is near Southgate Shopping Center, Botanical Garden of the Ozarks, and Prairie Grove Battlefield State Park.
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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.