Conway, AR
Landlord insurance in Conway, Arkansas
Local rental data and insurance guidance for Conway property owners. A quote is not a binder.
Conway is home to roughly 70,711 people in Faulkner County, and about 55% of its 27,099 occupied homes are rented rather than owner-occupied, above the Arkansas rate of 34%. That mix shapes who is buying landlord coverage here and what underwriters expect to see.
Key housing figures for Conway, AR
| Measure | Conway | Arkansas |
|---|---|---|
| Renter-occupied homes | 55% (14,805) | 34% |
| Median owner-occupied home value | $252,100 | $188,000 |
| Median gross rent | $1,011/mo | $947/mo |
| Median year structure built | 1998 | 1987 |
| Homes in 2–4 unit buildings | 11% | 6% |
| Single-family homes (detached or attached) | 58% | 72% |
Data: Census ACS 5-year estimates for 2020–2024 via Census Reporter, and Census Vintage 2024 population estimates.
Setting coverage on a Conway rental
Conway's median home value, roughly $252,100, gives a rough sense of what rentals here are worth; the state median is $188,000. For insurance, ask for a replacement-cost estimate on your specific building.
For context, the NAIC reported that Arkansas dwelling-fire policies insuring $250,000 to $274,999 averaged $1,031 a year in 2023, against a statewide dwelling-fire average of $571. Those are owner-occupied dwelling-form figures, not landlord quotes.
Fair rental value coverage for Conway units
With median gross rent near $1,011 per month, twelve months of interrupted income in Conway comes to about $12,132 for a single unit. Multiply by your unit count when you size loss-of-rents coverage.
Construction era of Conway rentals
Conway's median home dates to about 1998. Systems are often on their first or second replacement, so roof age and water heater age carry a lot of weight in pricing.
Types of rental property in Conway
Two-to-four-unit buildings make up about 11% of Conway's housing, well above many places. Duplexes and fourplexes can usually stay on dwelling forms; see our duplex and fourplex guide for shared-area and per-unit rent questions.
Conway next to other Arkansas rental cities
Nearby Little Rock reports 46% renter households and a $236,400 median home value, so proportionally fewer renters than Conway. Nearby Fayetteville reports 58% renter households and a $349,600 median home value, so proportionally more renters than Conway. Fort Smith has a renter share of 47% with homes valued around $178,100 at the median. Among the 20 largest Arkansas cities we profile, Conway ranks 3 for renter share. Buildings with five or more units hold about 28% of Conway's homes; those generally need commercial apartment coverage rather than dwelling forms.
Natural hazards Conway landlords plan for
Typical Arkansas property risks such as large hail and ice storms affect owners in Conway and the rest of Faulkner County. Flood and earthquake are excluded from standard dwelling forms and need their own coverage.
Hazard themes reflect FEMA’s National Risk Index and NOAA’s Storm Events Database; check the index for your specific county.
What to have ready for a Conway quote
- Your existing policy and recent claims
- Who holds the loan, for the mortgagee clause
- Liability limit and months of rent to protect
- The Conway address and how many units it has
- Year built and roof age
- Occupancy: long-term lease, month-to-month, short-term, or vacant
- Electrical, plumbing, and heating update years
Request a Conway landlord quote
Questions from Conway rental owners
How many renters live in Conway?
About 55% of occupied homes in Conway, roughly 14,805 households, are renter-occupied according to the 2020–2024 American Community Survey.
Do Conway landlords have to carry insurance?
Not by statute. In practice, a Conway rental with a mortgage will need property coverage, and associations or managers often insist on liability limits.
What is a typical landlord premium in Conway?
It depends on the building, coverage, and deductible. For background, the NAIC reported a 2023 Arkansas dwelling-fire average of $571; see our Arkansas page for the full table.
More landlord pages near Conway
Landlord insurance in Arkansas · Cost by state
Last updated October 15, 2026. Sources and method: how we research.