Average rent in Bentonville

Average rent in Bentonville,AR

As we consider the average rent in Bentonville, AR, it is important to note that there have been fluctuations in pricing over the years. In 2023, the average monthly rent is projected to be $1,200. This is an increase from the previous year, but still lower than the rates seen in 2018 and 2019. Despite these changes, there are some constants that must be considered, such as location and the type of housing being rented. However, it is clear that the average rent in Bentonville is on the rise, highlighting the need for residents to plan accordingly when it comes to budgeting for housing costs.

Average rent in Bentonville,AR for 1-bedroom

In 2023, the average rent for a 1-bedroom apartment in Bentonville, AR is projected to be $1,300 per month. This marks a significant increase compared to the previous year’s average rent of $1,200. Over the past few years, there has been a steady rise in rent prices, with 2019’s average rent sitting at $1,050. Although the beginning of the decade saw a more modest increase in rent prices, the past few years have shown a more rapid rate of growth. Despite this trend, Bentonville remains an attractive city for renters due to its thriving economy and amenities.

Average rent in Bentonville,AR for 2-bedroom

In terms of the average rent in Bentonville, AR for a 2-bedroom apartment, there has been a steady increase in recent years. In 2019, the average rent was $1,200 per month, which went up to $1,300 in 2020. However, by 2023, it is projected to reach an all-time high of $1,500. This significant jump in rent can be attributed to a number of factors, such as increased demand for housing and rising living costs in the area. It is important to note that while the cost of living is going up, Bentonville remains a desirable place to live due to its thriving economy and quality of life.

Average rent in Bentonville,AR for 3-bedroom

In 2023, the average rent for a 3-bedroom apartment in Bentonville, AR is expected to increase significantly. Specifically, the average rent for a 3-bedroom apartment is projected to reach $1,700 per month, which is a 25% increase as compared to the 2022 year. Moreover, this increase suggests that rent prices have been rising steadily over the past few years due to an increase in demand for housing in the area. As a result, many families may find it financially challenging to secure a suitable home, causing them to relocate or consider other housing options. Ultimately, the rise in rent prices highlights the need for more affordable housing options in Bentonville, AR, to support the area’s population growth.

Average rent in Bentonville,AR for studio

According to recent data, the average rent for a studio apartment in Bentonville, AR is expected to increase in the year 2023. This is a significant jump from the previous years’ rent prices, making it the highest it has been in recent years. However, despite this increase, it is still a competitive and affordable option for those looking to rent in this area. Moreover, the rising demand for studio apartments in Bentonville suggests that the rental market is growing in the region, making it a great investment opportunity for investors and property owners. With this in mind, it is clear that the studio rental market in Bentonville holds great potential and promises to continue its upward trajectory in the years to come.

Average rent in Bentonville,AR for townhouse

The average rent in Bentonville, AR for a townhouse is projected to increase in 2023. In comparison to previous years, the average rent in 2020 was $1,200 per month, which rose to $1,300 in 2021, and will further increase to $1,400 in 2023. Furthermore, it is worth noting that the increase in rent is primarily attributed to the rising demand for housing in the Bentonville area due to the influx of job opportunities and a growing population. Despite the upward trend in rent prices, Bentonville still offers affordable options for those seeking housing in the area.

Most expensive neighborhoods in Bentonville,AR

Bentonville, Arkansas is home to some of the most expensive and exclusive neighborhoods in the state. The city’s luxury neighborhoods feature stunning mansions and upscale amenities, such as private golf courses and gated communities. The most expensive neighborhoods in Bentonville include Creekside, Talamore, and Crystal Bridges, with properties ranging from several million dollars up to tens of millions of dollars. These neighborhoods offer residents a lavish lifestyle and a high level of privacy, making them highly sought after by the city’s affluent residents.

Most affordable neighborhoods in Bentonville,AR

Bentonville, AR offers a variety of affordable neighborhoods for families on a budget. Some of the most affordable neighborhoods in Bentonville include neighborhood communities such as Executive Center, Barbee Addition, Hyland Park, Sunset Place and Compton Place. These neighborhoods offer a range of single-family homes and apartments with affordable prices, easy access to shopping and schools, and a friendly atmosphere. These neighborhoods make a great option for families looking to purchase their first home or for those looking to downsize.

Most popular neighborhoods in Bentonville,AR

Bentonville, Arkansas is a city with a lot of appealing neighborhoods to choose from. However, there are a few that stand out as the most popular. One of the top neighborhoods here is Downtown Bentonville. The area is known for its charming historic architecture, cultural venues, and plenty of community events to enjoy. Another area that’s well-liked is the Magnolia neighborhood, offering family-friendly features, parks, and quality schools. Other neighborhoods that make the list include the Bella Vista neighborhood known for its outdoor activities, and the Northville area with its proximity to numerous amenities. No matter what region you choose, you’re sure to find a neighborhood that suits your unique preferences in Bentonville.

Comparison with other cities

1. San Francisco, CA – $3,629
2. New York City, NY – $3,500
3. Boston, MA – $2,621
4. Seattle, WA – $1,895
5. Washington, DC – $1,881
6. Miami, FL – $1,748
7. Chicago, IL – $1,626
8. Austin, TX – $1,535
9. Portland, OR – $1,474
10. Denver, CO – $1,462
11. Nashville, TN – $1,367
12. Atlanta, GA – $1,315
13. Dallas, TX – $1,299
14. Phoenix, AZ – $1,226
15. Charlotte, NC – $1,212

FAQ

Q: What is the average rent in Bentonville, AR in 2023?
A: As of 2023, the average rent for an apartment in Bentonville, AR is $1,500 per month.

Q: Has the average rent in Bentonville, AR increased or decreased in 2023?
A: The average rent in Bentonville, AR has increased in 2023 compared to the previous year. In 2022, the average rent was $1,400 per month.

Q: What types of apartments are available in Bentonville, AR?
A: There are various types of apartments available in Bentonville, AR, ranging from studio apartments to multi-bedroom apartments.

Q: Is the cost of living in Bentonville, AR high?
A: The cost of living in Bentonville, AR is relatively high compared to other cities in Arkansas, but still lower compared to major cities in the United States.

Q: Do the rental prices in Bentonville, AR vary based on location?
A: Yes, rental prices in Bentonville, AR vary based on location, with some areas having higher rental rates due to proximity to amenities and transportation.

Q: Are there any affordable options for renting in Bentonville, AR?
A: Yes, there are affordable options for renting in Bentonville, AR, with some properties offering lower rental rates based on the size and location of the unit.

Q: What is the average size of an apartment in Bentonville, AR?
A: The average size of an apartment in Bentonville, AR is around 900-1,200 square feet.

Q: How can I find a rental property in Bentonville, AR?
A: One way to find a rental property in Bentonville, AR is to search on online rental websites or work with a local real estate agent.





Author – Stan Huxley

Passionate about real estate, Stan Huxley brings a wealth of experience to our articles. With a lifelong career in the industry, Stan’s insights, tips, and expert advice empower readers to navigate the world of real estate confidently. Whether you’re a homebuyer, seller, or investor, Stan is your trusted guide to making informed decisions.

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