Apartments for Rent in Oak Forest, Little Rock, AR

Oak Forest, Little Rock apartment availability

Oak Forest's rental market offers a good selection of listings, with an average of 39 rentals available each month. The majority of rentals in this neighborhood are 2-bedroom and 3-bedroom apartments, making it a great option for families or roommates. Many of these apartments come with desirable amenities, including dishwashers, air conditioning, and in-unit laundry, which is available in nearly 44% of rentals. With its range of amenities and variety of apartment sizes, Oak Forest is a neighborhood worth considering for renters in Little Rock.

Oak Forest, Little Rock rental market trends

The Oak Forest neighborhood in Little Rock saw a notable increase in rent prices last year, with an average monthly rent of $986 across all bed counts and property types, representing an 8.5% year-over-year increase. Breaking it down by bed count, 1-bedrooms averaged $728 per month, a 7.7% annual increase, while 2-bedrooms averaged $909, a 3.9% increase. The average rent for a 3-bedroom was $1,076, reflecting a 9.3% annual increase.

The rental market in Oak Forest tends to fluctuate throughout the year, with December typically seeing the highest rent prices, 15.5% higher than the lowest month, September. This suggests that renters may find more affordable options in the fall. However, it's essential to note that the most significant rent increase occurs between September and December, indicating a surge in demand during the winter months. Conversely, the spring and summer months may offer more favorable rental conditions, with relatively lower prices and less competition.

Why Oak Forest, Little Rock is a great place to live

Oak Forest is a top choice for renters who prioritize social living and pet ownership. According to data, the neighborhood's pet-friendly features, such as pet spaces, safe windows, and outdoor areas, make it an ideal spot for pet owners. Additionally, the neighborhood's social scene is enhanced by its walk score, street infrastructure, and transit frequency, making it easy to get around and meet up with friends. With a strong focus on safety and a sizable neighborhood population, Oak Forest offers a unique blend of community and convenience that's hard to find elsewhere in Little Rock.