salaryRent is lower than in 77% of U.S. cities. A typical house costs about 3.7 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $47,560 a year. That is $23 an hour at a full-time job.
Is rent cheaper than other Arkansas cities?
No. Rent here is more expensive than in most of Arkansas. It is number 48 of 71 cities from cheapest to most expensive.
How much do households earn in Conway?
Share of households by yearly income. 19.9% of households earn $100,000 or more.
Rent by apartment size in Conway
| Size | Conway | U.S. average |
|---|---|---|
| Studio | $1,347 | $1,338 |
| 1 bedroom | $889 | $1,324 |
| 2 bedrooms | $1,006 | $1,509 |
| 3 bedrooms | $1,439 | $1,698 |
| 4 bedrooms | $1,747 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Conway overall?
Everyday prices in the Little Rock-North Little Rock-Conway metro area are 11% below the U.S. average (index 89.4, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.
Taxes and bills in Conway
Life in Conway
What jobs pay in Conway
| Job | Median pay | Rent / pay |
|---|---|---|
| Pharmacist | $136,700 | 10.4% |
| Nurse Practitioner | $126,680 | 11.3% |
| Physician Assistant | $109,110 | 13.1% |
| Software Developer | $104,070 | 13.7% |
| Lawyer | $97,870 | 14.6% |
| Dental Hygienist | $89,160 | 16.0% |
| Civil Engineer | $83,030 | 17.2% |
| Registered Nurse | $81,070 | 17.6% |
| Computer Systems Analyst | $78,560 | 18.2% |
| Operations Manager | $76,080 | 18.8% |
| Accountant | $65,810 | 21.7% |
| Market Research Analyst | $62,790 | 22.7% |
| Licensed Practical Nurse | $59,240 | 24.1% |
| Elementary School Teacher | $58,580 | 24.4% |
| Truck Driver | $57,050 | 25.0% |
| Police Officer | $54,840 | 26.0% |
| Plumber | $49,190 | 29.0% |
| Electrician | $48,200 | 29.6% |
| Firefighter | $48,110 | 29.7% |
| Carpenter | $48,050 | 29.7% |
| HVAC Technician | $48,000 | 29.7% |
| Customer Service Representative | $38,160 | 37.4% |
| Medical Assistant | $38,110 | 37.4% |
| Warehouse Worker | $37,440 | 38.1% |
| Nursing Assistant | $35,370 | 40.3% |
| Restaurant Cook | $30,690 | 46.5% |
| Retail Salesperson | $29,150 | 48.9% |
| Cashier | $27,720 | 51.5% |
| Server (Waiter/Waitress) | $24,610 | 58.0% |
Is it cheaper to rent or buy in Conway?
Renting is cheaper right now: about $560 a month less.
Owning assumes a typical $252,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $25,210 for the down payment.
Frequently asked questions
What is the average rent in Conway, AR?
Renting in Conway costs a median of about $1,189 a month in 2026, including utilities. The Arkansas median is $1,068.
How much do I need to make to live in Conway?
To keep rent under 30% of income, you need about $47,560 a year, or $23 an hour at a full-time job.
Is Conway cheap or expensive?
Conway is rated OK: rent takes 21.0% of the typical household income of $67,950. It ranks 48th cheapest of 71 Arkansas cities we track.
How much are property taxes in Conway?
The median homeowner in Conway pays $1,467 a year in property taxes, about 0.58% of the median home value.
Is Conway more expensive than the national average?
Overall prices in the metro area are 11% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Conway?
The median home value in Conway is $252,100, about 3.7 times the typical yearly household income.
67,642 people live in Conway. Numbers are typical (middle) values.