Real Estate Investing in Little Rock, Arkansas (72206)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Pulaski County • Population: 22,640 • Data updated: September 2026

☆ Watch this market Free account

Should you buy in 72206 (Little Rock, AR)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (68/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (57/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
1 flag
  • High vacancy: 18.3% of homes vacant — above national norms.

What’s happening in Little Rock, AR (72206)?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

5.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $138,057
Avg Monthly Rent $1,114
1% Rule ✗ Does Not Meet
Median Income $48,588
% Renters 31.0%

Market Analysis: 72206 Little Rock

Investors eyeing 72206 need to respect the fundamentals at play. Home values of $138K come alongside slower price movement and elevated management overhead.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 72206 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

Nearby ZIPs in Little Rock have seen price recovery that 72206 has not matched. Pulaski County data supports the view that the spread is structural rather than temporary.

Who lives in 72206 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

The 72206 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Little Rock:

B Good
Buy Confidence Score: 72/100
Affordability
20/25
Appreciation
14/25
Stability
13/20
Timing
10/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2.8× the median income
Value Trend
Rising (+11.9%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,114/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Little Rock-North Little Rock-Conway, AR Metro Area
More inventory, negotiating room for buyers
73 days
Average time to sell
Slow
8.0%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Little Rock-North Little Rock-Conway, AR metro data
🏠

Property Strategy for 72206

Which property type performs best in this market?

Best for Cash Flow
3BR
6.6% cap rate
Best for Appreciation
4BR
+6.8% 5yr CAGR
Best Overall Value
3BR
$50,371/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $114,422 $1,030 6.5% +6.7% $57,211
3BR $151,113 $1,380 6.6% +6.4% $50,371
4BR $205,676 $1,640 5.7% +6.8% $51,419

Market Trends

Home Value History (with trend line)

$143K$133K$122K$111K$101K$90KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,150$1,080$1,011$941$871$802Aug 2023Feb 2025Jul 2026

📊 How Does 72206 Compare?

Metric 72206 Little Rock Little Rock-North Little Rock-Conway, AR Arkansas
Home Value $138,057 $268,834 N/A $216,341
5-Year CAGR 2.4% 3.8% N/A 5.7%
Avg Rent $1,114 $1,226 N/A -
Cap Rate 6.3% 4.3% - -
💡 Why Invest in 72206? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 72206 (Little Rock, AR). Anonymous, moderated, never written by AI.

Do you own or manage rentals in ZIP 72206 (Little Rock, AR)?

~25 seconds · no account needed · your report is anonymous

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

Unclaimed — is this your business? Claim it free
Unclaimed — is this your business? Claim it free
Unclaimed — is this your business? Claim it free

Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
6.3%
Good
5yr Growth
+2.4%
Slow

📊 Market Snapshot

Home Value $138,057
Monthly Rent $1,114
Price-to-Rent 10.3:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 9.7%
Cap Rate 6.3%
5-Year IRR 8.7%

📈 Home Appreciation

1-Year +11.9% ▲
3-Year CAGR +2.4% ▲
5-Year CAGR +2.4% ▲
10-Year CAGR +2.6% ▲

🏠 Rent Trends

1-Year +10.6% ▲
3-Year CAGR +10.6% ▲
5-Year CAGR N/A
Neutral Leverage Cap Rate: 6.3%  |  30yr Rate: 6.8%
Leverage is roughly neutral here.

The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.3%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
18.3%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+2.4%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 72206

Population: 22,640

💰 Median Household Income
$48,588
This area
$48,588
State
$52,981
USA
$74,580
🏠 Renter Occupied
31.0%
This area
31.0%
State
24.2%
USA
34.0%
💼 Unemployment Rate
3.5%
This area
3.5%
State
-21.7%
USA
3.7%
🎓 College Educated
18.8%
This area
18.8%
State
-9.2%
USA
33.7%
👤 Median Age
40.6 years
This area
40.6 years
State
3.7 years
USA
38.9 years
🏚️ Vacancy Rate
18.3%
This area
18.3%
State
22.6%
USA
10.5%
👥 Population by Ethnicity
Black/African American 48.0%
White 43.8%
Other/Mixed 7.9%
Hispanic/Latino 4.7%
Asian 0.4%
👶 Under 18
23.6%
This area
23.6%
USA
22.0%
👴 65 and Over
18.5%
This area
18.5%
USA
17.3%
📊 Poverty Rate
17.3%
This area
17.3%
USA
11.5%

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 72206

B+ Avg School Grade
11 Schools
13.0:1 Avg Class Size
$15,389 Avg Per Pupil

Schools in This ZIP Code

A Very Good

DUNBAR MAGNET MIDDLE SCHOOL

📚 06 – 08 Middle
👥
346 Students
👨‍🏫
11.2:1 Class Size
💰
$15,987 Per Student
A Very Good

WASHINGTON ELEMENTARY SCHOOL

📚 K – 05 Elementary
👥
339 Students
👨‍🏫
11.3:1 Class Size
💰
$15,987 Per Student
A Very Good

DAISY BATES ELEMENTARY SCHOOL

📚 Pre-K – 05 Elementary
👥
418 Students
👨‍🏫
13.4:1 Class Size
💰
$16,702 Per Student
A Very Good

MANN MAGNET MIDDLE SCHOOL

📚 06 – 08 Middle
👥
641 Students
👨‍🏫
13.9:1 Class Size
💰
$15,987 Per Student
A Very Good

MILLS MIDDLE SCHOOL

📚 06 – 08 Middle
👥
494 Students
👨‍🏫
12.6:1 Class Size
💰
$16,702 Per Student
A Very Good

MILLS UNIVERSITY STUDIES HIGH SCHOOL

📚 08 – 12 High School
👥
671 Students
👨‍🏫
12.7:1 Class Size
💰
$16,702 Per Student
B+ Above Average

IVY HILL PREPARATORY ACADEMY

📚 K – 08 School Charter
👥
346 Students
👨‍🏫
14.8:1 Class Size
💰
$14,333 Per Student
B+ Above Average

LANDMARK ELEMENTARY SCHOOL

📚 Pre-K – 05 Elementary
👥
296 Students
👨‍🏫
16.2:1 Class Size
💰
$16,702 Per Student
B+ Above Average

PREMIER HIGH SCHOOL OF LITTLE ROCK

📚 09 – 12 High School Charter
👥
91 Students
👨‍🏫
5.3:1 Class Size
💰
$15,336 Per Student
B Good

EAST END ELEMENTARY SCHOOL

📚 Pre-K – 02 Elementary
👥
455 Students
👨‍🏫
15.5:1 Class Size
💰
$12,418 Per Student
B Good

EAST END INTERMEDIATE SCHOOL

📚 03 – 05 Elementary
👥
409 Students
👨‍🏫
16.3:1 Class Size
💰
$12,418 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

8 Nearby
D
Arkansas Beauty School-Little Rock
111 students · 6.6 mi
C+
Washington Barber College Inc
51 students · 6.9 mi
C
Arkansas Baptist College
373 students · 7.8 mi
C
Philander Smith University
866 students · 7.8 mi
C
Velvatex College of Beauty Culture
12 students · 7.8 mi
D
GoodFellas Barber College
34 students · 8.1 mi
D
Strayer University-Arkansas
483 students · 8.2 mi
D
Arkansas State University System
0 students · 8.5 mi

Frequently Asked Questions

What is the typical home price in Little Rock, AR?

Little Rock, AR home values average about $138K. That price point suits investors targeting rentals with $1,114/mo in monthly income.

How strong are rents in Little Rock, AR?

Little Rock, AR rentals go for roughly $1,114/mo a month. That puts gross yield in solid territory relative to $138K acquisition costs.

What is the tenant pool like in Little Rock, AR?

Tenant quality in Little Rock, AR ranks as solid. Landlords generally report stable occupancy at market rents of $1,114/mo.

What is the smart move for investors in Little Rock, AR?

The best-fit strategy in Little Rock, AR is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

Is Little Rock, AR suited for a house hack?

Little Rock, AR offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,114/mo rent level.

You know 72206 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 72206 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

Compare Plans

How 72206 ranks in Little Rock-North Little Rock-Conway, AR

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
🤖

AI Market Advisor

Ask questions about investing in 72206 (Little Rock)

Loading...

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate 72206 (Little Rock, AR).

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.