Fayetteville, AR
Fayetteville, AR landlord and rental property insurance
Local rental data and insurance guidance for Fayetteville property owners. A quote is not a binder.
Fayetteville is home to roughly 99,000 people in Washington County, and about 58% of its 41,025 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 Fayetteville, AR
| Measure | Fayetteville | Arkansas |
|---|---|---|
| Renter-occupied homes | 58% (23,862) | 34% |
| Median owner-occupied home value | $349,600 | $188,000 |
| Median gross rent | $1,065/mo | $947/mo |
| Median year structure built | 1997 | 1987 |
| Homes in 2–4 unit buildings | 8% | 6% |
| Single-family homes (detached or attached) | 55% | 72% |
Data: Census ACS 5-year estimates for 2020–2024 via Census Reporter, and Census Vintage 2024 population estimates.
What home values in Fayetteville mean for your dwelling limit
At a median home value of $349,600, Fayetteville is higher than Arkansas overall ($188,000). Underwriters care about replacement cost rather than sale price, so bring square footage, construction type, and update history to the conversation.
NAIC data for 2023 shows an average Arkansas dwelling-fire premium of $1,272 in the $325,000–$349,999 coverage band, which brackets Fayetteville's median value; across all coverage amounts the state average was $571. Treat it as background, since landlord pricing depends on the building and occupancy.
Fair rental value coverage for Fayetteville units
Rents in Fayetteville center on about $1,065 monthly, including utilities where tenants pay them. Many owners plan for a year offline after a serious loss, which works out near $12,780 per unit at the median.
Older vs. newer rentals in Fayetteville
Half of Fayetteville's homes were built before 1997 and half after. Polybutylene supply lines were installed in some homes from the late 1970s to mid-1990s, and insurers may ask whether they have been replaced.
Single-family, small multi-unit, and apartments in Fayetteville
Roughly 55% of Fayetteville homes are single-family, 8% sit in small 2–4 unit buildings, and 35% are in larger apartment buildings. Owners of up to four units can generally use a dwelling fire policy.
How Fayetteville compares with nearby Arkansas markets
Springdale has a renter share of 47% with homes valued around $261,800 at the median. For comparison, Little Rock comes in at 46% rented and $236,400 median value, with median rent of $1,106. 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, Fayetteville ranks 1 for renter share. Roughly 35% of homes in Fayetteville are in buildings of five or more units, the point where most owners move to commercial apartment policies.
Storm and hazard considerations in Fayetteville
For rentals in Fayetteville, the hazards that most often shape Arkansas landlord coverage include river and flash flooding, which requires separate flood coverage and tornadoes and straight-line wind. Ask how your policy handles each, and whether any separate deductible applies.
Hazard themes reflect FEMA’s National Risk Index and NOAA’s Storm Events Database; check the index for your specific county.
Requesting coverage for a Fayetteville rental
- Lease type and whether the unit is ever empty
- Any system updates, with years
- Current insurer and any losses in five years
- Who holds the loan, for the mortgagee clause
- Liability limit and months of rent to protect
- Property location in Fayetteville and unit count
- When the building went up and when the roof was last replaced
Request a Fayetteville landlord quote
Questions from Fayetteville rental owners
How many renters live in Fayetteville?
About 58% of occupied homes in Fayetteville, roughly 23,862 households, are renter-occupied according to the 2020–2024 American Community Survey.
Is landlord insurance required in Fayetteville?
No Arkansas law mandates it for Fayetteville owners, though lenders, HOAs, and property managers commonly require it.
What is a typical landlord premium in Fayetteville?
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.
Other Arkansas cities
Landlord insurance in Arkansas · Cost by state
Last updated October 15, 2026. Sources and method: how we research.