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Studio Apartments for Rent in Conway, AR

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    Starting at $899 Per Month

    • Studio - 1 Bed

    2215 Dave Ward Dr, Conway, AR 72034

    Welcome to Centerstone Market + Lofts, Conway’s newest upscale community perfectly positioned in the heart of this city. This vibrant location offers scenic views and proximity to outdoor destinations like Jewel Moore Nature Reserve and Stone Dam Creek Trail. The Plazza at Centerstone, located next door, offers residents walkable access to dining, shopping, health, and beauty services. We

    Centerstone Market + Lofts

    2215 Dave Ward Dr, Conway, AR 72034

Why Live in Conway

Conway, Arkansas, a rapidly growing city in Central Arkansas, is known for its suburban and country living. With a population nearing 70,000, it serves as the county seat of Faulkner County and is one of the fastest-growing cities in the U.S. The city features midcentury ranch-style homes, typically on quarter-acre to half-acre lots, with prices below the national average. Conway Public Schools and Conway High School are highly rated, and the city is home to three colleges, including the University of Central Arkansas. Interstate 40 provides easy access to Little Rock, located just over 30 miles away, and the Bill and Hillary Clinton National Airport is 35 miles south. Conway is a bike-friendly city, recognized by the League of American Bicyclists, and has invested over $60 million in park and trail projects. Lake Conway, a popular fishing spot, was recently renovated. The city hosts the annual Toad Suck Daze festival, featuring concerts, carnival rides, and toad races. Downtown Conway boasts around 40 boutiques and restaurants, particularly along Oak Street, and several large shopping centers are located along I-40. The city experiences four distinct seasons, with hot summers and cold winters.

Frequently Asked Questions

How much does it cost to rent a home in Conway, AR?
The median rent for a home in Conway, AR is $1,400 per month, though prices vary by neighborhood, size, and property type. As of August 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Conway, AR?
To comfortably afford the median rent in Conway, AR, a household needs to earn roughly $56,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,400 per month in Conway, AR, renters typically need to show $4,200 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Conway, AR?
In Conway, AR, the price-to-rent ratio is 14.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,400
Median Single Family Home Rent
$1,450
Median Townhouse Rent
$985
Median Condo Rent
$1,025
How to Rent a Home