Average rent in Rogers

Average rent in Rogers,AR

The average rent in Rogers, AR is expected to increase in 2023. In the past few years, the average monthly rent has steadily risen. In 2018, the average rent was $895 per month. However, in 2019 it increased to $940 per month. By 2020, the average cost of rent in Rogers, AR was $995 per month. Moving forward, the anticipated rental cost for 2023 is estimated to be around $1,500 per month. This trend is a concern for residents in the area who are struggling to find affordable housing. Therefore, it is imperative to take action to make renting affordable in Rogers, AR.

Average rent in Rogers,AR for 1-bedroom

In 2023, the average rent in Rogers, AR for a 1-bedroom apartment is expected to be $1,200 per month. This represents a sharp increase over previous years, as just five years ago, the average rent was a mere $800 per month. Despite steady growth in the intervening years, the jump to the current rate is still significant. Looking ahead, experts predict that this figure will continue to increase as the area becomes more popular with young professionals and families seeking affordable living options in a vibrant community. Keeping an eye on the trends and staying flexible will be key for anyone seeking a great rental in Rogers in the years to come.

Average rent in Rogers,AR for 2-bedroom

The average rent in Rogers, AR for a 2-bedroom apartment has been steadily increasing over the years. In 2023, it is expected to reach $1,500, which is significantly higher compared to the average rent in 2018, which was only $950. Additionally, there was a slight increase in 2019 and 2020 with the average rent being $1,000 and $1,100 respectively. Moreover, between 2021 and 2022, there was a significant increase in the average rent for a 2-bedroom apartment in Rogers, AR, from $1,150 to $1,250. In conclusion, the upward trend in rent prices in Rogers, AR is evident and shows no signs of slowing down.

Average rent in Rogers,AR for 3-bedroom

In 2023, the average rent in Rogers, AR for a 3-bedroom apartment is expected to reach $1,800 per month. This represents a sizable increase from the previous years, where the average rent for a 3-bedroom was $1,350 in 2020 and $1,400 in 2021.

Despite the increase, Rogers remains a desirable location for families and professionals, with its proximity to major cities and abundant outdoor recreational opportunities. In addition, many landlords are offering a host of amenities, including fitness centers, swimming pools, and on-site laundry facilities, to help offset the higher rent costs. Overall, while the escalating rent may pose a challenge for some renters, the benefits of living in Rogers continue to outweigh any potential drawbacks.

Average rent in Rogers,AR for studio

In terms of average rent for a studio in Rogers, AR, there have been noticeable changes over the years. Firstly, it’s important to mention that the average rent in 2019 was $695 per month. However, as we move forward, we see a significant increase in the average rent for a studio in 2023, as it goes up to $995. This indicates a rise of $140 over the years, which is a considerable change. In addition, with this increase, there has been a significant difference in the demand for studio apartments, which is evident from the fact that there was a 30% increase in the number of people looking for studio apartments. Furthermore, because of this high demand, people have more options when it comes to the amenities they can have in their apartments. By comparison, it is undoubtedly visible that the average rent has changed over the years.

Average rent in Rogers,AR for townhouse

According to recent statistics, the average rent in Rogers, AR for a townhouse is projected to be $1,300 in 2023. This represents a slight increase from the previous year, which recorded an average rent of $1,250. Furthermore, when compared to the average rent of townhouses in Rogers five years ago, in 2018, the number has risen by approximately $200. Despite this increase, Rogers still maintains relatively affordable rates for townhouse rentals, making it an attractive option for individuals and families looking to settle in the area.

Average rent in Rogers,AR by Neighborhood

– Downtown: $1,542
– North Rogers: $1,262
– Southeast Rogers: $1,366
– Southwest Rogers: $1,375
– West Rogers: $1,226

Most expensive neighborhoods in Rogers,AR

Rogers,AR is home to some of the most expensive and luxurious neighborhoods in the state of Arkansas. The most sought-after neighborhoods in Rogers include Shadow Valley, Pinnacle Country Club, and Monte Ne Heights. These neighborhoods are known for their stunning landscapes, spacious and well-designed homes, numerous amenities, and excellent schools. Luxury homes in these neighborhoods typically range from $500,000 to $1 million or more, making them some of the most expensive neighborhoods in the region.

Most affordable neighborhoods in Rogers,AR

Rogers, AR has several affordable neighborhoods that offer a high quality of life. Some of the most affordable neighborhoods include Meadowlands, Westwood, and Avignon. These neighborhoods offer a wide range of homes at reasonable prices, including single-family homes and apartments. They also provide easy access to local amenities such as parks, schools, and shopping centers. With their affordable prices and excellent living conditions, these neighborhoods are ideal for young families, first-time buyers, and anyone looking for a comfortable and affordable place to call home in Rogers.

Most popular neighborhoods in Rogers,AR

Rogers, AR boasts a variety of attractive neighborhoods, but some areas stand out as the most popular among residents and visitors alike. One such neighborhood is Pinnacle Hills, a luxurious and upscale community that offers stunning views of the surrounding Ozark Mountains. Another sought-after area is downtown Rogers, which features a charming mix of historic and contemporary architecture, as well as plenty of shopping, dining, and entertainment options. Other popular neighborhoods in Rogers include Shadow Valley, Stonecrest, and Avignon, which offer high-end living in a tranquil and scenic setting.

Comparison with other cities

1. Fayetteville, AR – $861
2. Springdale, AR – $774
3. Little Rock, AR – $827
4. Bentonville, AR – $944
5. Jonesboro, AR – $743
6. Tulsa, OK – $793
7. Oklahoma City, OK – $804
8. Omaha, NE – $838
9. Des Moines, IA – $864
10. Kansas City, MO – $991
11. St. Louis, MO – $971
12. Dallas, TX – $1,240
13. Houston, TX – $1,140
14. Denver, CO – $1,434
15. Phoenix, AZ – $1,123

FAQ

Q: What is the average rent in Rogers, AR?
A: The latest data from 2023 shows that the average rent in Rogers, AR is $1,560 per month.

Q: Has the average rent increased or decreased from previous years?
A: According to the latest data, the average rent in Rogers, AR has increased slightly from the previous year.

Q: What type of housing is included in the average rent calculation?
A: The average rent calculation includes all types of housing, such as apartments, condos, townhouses, and single-family homes.

Q: Are there any neighborhoods in Rogers, AR that have higher or lower rent prices?
A: Yes, rent prices can vary depending on the location within Rogers. Some neighborhoods may have higher rent prices due to proximity to amenities, while others may have lower rent prices due to distance from city centers.

Q: Is the average rent in Rogers, AR comparable to other cities in the state or country?
A: The average rent in Rogers, AR is slightly higher than the state average, but is still lower compared to many other cities in the country.

Q: Are there any factors that can affect the average rent prices in Rogers, AR?
A: Yes, factors such as local economy, job opportunities, and population growth can impact the average rent prices in Rogers, AR.

Q: What is the range of rent prices in Rogers, AR?
A: The range of rent prices in Rogers, AR can vary greatly depending on the type of housing and location. However, in general, rent prices can range from $800 to $2,500 per month.

Sources

Zillow: https://www.zillow.com/rogers-ar/rentals/





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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