Housing in Northwest Arkansas

Melianne Lussier • April 22, 2025

Affordable, Even in a Competitive Market

Housing costs in Fayetteville are 19% lower than the national average, making it a great place for renters, first-time buyers, and families alike. Whether you're looking for a modern apartment close to downtown or a spacious home in a quiet neighborhood, there’s something for every budget.


Everyday Expenses: Stretch Your Dollar Further


  • Groceries are about 7% cheaper than the national average.

  • Utilities cost around 6% less, which adds up over the seasons.

  • Even healthcare, while 12% higher than the state average, is still slightly more affordable than the national average.

Transportation costs, including gas and public transit, are also lower than the U.S. average—ideal for commuters or anyone on the go.


Lifestyle Perks


Goods and services like entertainment and grooming may run about 2% higher than the national average—but for many residents, that’s a small price to pay for the vibrant lifestyle Fayetteville offers. Between local restaurants, art festivals, and the University of Arkansas events, there’s always something happening in town.


Looking to Relocate to Fayetteville?


If you're considering a move or investing in property, Fayetteville combines value and vibrancy in one of Arkansas’s most desirable cities. At Elder Management Company, we’re here to help you find the right home that fits your needs and your budget.

Visit our property vacancies page today to explore available rentals or properties and see why so many people are proud to call Fayetteville home!

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