1031 Exchange Little Rock, Arkansas

 

Rent, population, and median household income are important factors to consider for a 1031 exchange in Little Rock due to their correlations with market demand, and conversely, vacancy rate.

Surrounding metropolitan Area

Little Rock, Arkansas is a part of the Little Rock-North Little Rock-Conway, AR metropolitan area, and contains 25 zip codes, including: 72255, 72215, 72214, 72202, 72212, and 72216.

Little Rock Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Little Rock, AR metropolitan area was $743, which is 7.53% lower than 2014 average rent. This represents a compounded annual growth rate of 1.46%. 2019 vacancy in Little Rock, AR was 5.10%.

The total population of the city of Little Rock, AR has grown 2.25% since 2010. As of 2018, the population was 197,881. The median household income of the Little Rock was $49,957, which is 17.14% lower than the national average.

  • metropolitan area Little Rock-North Little Rock-Conway, AR
  • avg rent $743
  • rent growth 7.53%
  • vacancy 5.10%
  • median income $49,957
  • population (2018) 197,881
  • population growth 2.25%
  • vs. nat'l avg 17.14%
  • zip codes 72201 72202 72203 72204 72205 72206 72207 72209 72210 72211 72212 72214 72215 72216 72217 72219 72221 72222 72223 72225 72227 72231 72255 72260 72295

Compare 1031 DST Properties
Side by Side

Simple & Easy to Understand

Side by Side Comparison of Investment Opportunities