Real Estate Investing in Little Rock, Arkansas (72202)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 72202 (Little Rock, AR)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 24.5% of homes vacant — above national norms.
What’s happening in Little Rock, AR (72202)?
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Market Analysis: 72202 Little Rock
The 72202 ZIP in Little Rock, AR is a local-operator market. Outside capital chasing a $160K entry has to pair deep knowledge with the discount.
The investment case in 72202 is healthy only for operators who understand what they are buying. A $160K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Turning to rents, 72202 offers a low basis, the region around Little Rock has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 72202 ZIP's population of 9,648 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.
Strategy in 72202 is an operator game, not a passive one. On the rental side, entry prices of $160K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Little Rock:
Property Strategy for 72202
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $197,520 | $1,190 | 4.3% | +4.6% | $98,760 |
| 3BR | $186,607 | $1,600 | 6.2% | +4.3% | $62,202 |
| 4BR | $271,730 | $1,890 | 5.0% | +4.0% | $67,933 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 72202 Compare?
| Metric | 72202 | Little Rock | Little Rock-North Little Rock-Conway, AR | Arkansas |
|---|---|---|---|---|
| Home Value | $159,582 | $268,834 | N/A | $216,341 |
| 5-Year CAGR | 2.0% | 3.8% | N/A | 5.7% |
| Avg Rent | $1,100 | $1,226 | N/A | - |
| Cap Rate | 5.4% | 4.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 72202 (Little Rock, AR). Anonymous, moderated, never written by AI.
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Property managers serving Pulaski County
Manage rentals here? List your business →Solid Rock Property Management, LLC offers professional and affordable property management services for Central Arkansas, focusing on excellent customer service. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $159,582 |
| Monthly Rent | $1,100 |
| Price-to-Rent | 12.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.3% |
| Cap Rate | 5.4% |
| 5-Year IRR | 7.4% |
📈 Home Appreciation
| 1-Year | +11.0% ▲ |
| 3-Year CAGR | +1.3% ▲ |
| 5-Year CAGR | +2.0% ▲ |
| 10-Year CAGR | +2.3% ▲ |
🏠 Rent Trends
| 1-Year | -3.1% ▼ |
| 3-Year CAGR | +1.5% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.4%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 72202
Population: 9,648
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 72202
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
ESTEM HIGH SCHOOL
ESTEM JUNIOR HIGH PUBLIC CHARTER SCHOOL
NORTH LITTLE ROCK CENTER OF EXCELLENCE
NORTH LITTLE ROCK HIGH SCHOOL
SEVENTH STREET ELEM. SCHOOL
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We evaluate schools based on factors that research shows actually impact educational outcomes:
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- Community Factors — Neighborhood characteristics that influence student success
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Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Are rents high in Little Rock, AR?
The typical rental in Little Rock, AR commands about $1,100/mo monthly. That rent profile stable cash flow against the $160K purchase basis.
Are landlord laws favorable in Little Rock, AR?
AR law landlord-friendly for landlords, and Little Rock inherits those rules. Investors should still review local ordinances for rental licensing.
What is the best play in Little Rock, AR?
Investors usually favor careful cash-flow rentals with hands-on management in Little Rock, AR. With home values at $160K and rents near $1,100/mo, other strategies can work but produce measured rather than outsized returns.
Does house hacking work in Little Rock, AR?
The house hack math a challenging in Little Rock, AR. Owner-occupant buyers benefit from the $1,100/mo rents and $160K home values.
Does Little Rock, AR make sense for an investment property?
Investors tracking Little Rock, AR will find a 3.0/5 rating supported by $160K median home values and $1,100/mo rents. That profile suits long-term holders targeting predictable returns.
You know 72202 now. You don’t know where it ranks.
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How 72202 ranks in Little Rock-North Little Rock-Conway, AR
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