Little Rock, Arkansas

Section 01Executive Summary

Little Rock is the capital of Arkansas and the commercial, medical, and government hub of the central part of the state, and its real estate profile in 2026 is one of stability, affordability, and modest but genuine momentum. The city proper is home to 206,427 residents as of July 1, 2025 according to the US Census Bureau, and unlike several peer Southern capitals, it grew rather than shrank over the prior five years. The economy is anchored by state government, a major academic medical center, banking and finance, aerospace, and a substantial logistics base built on the city's position at the crossroads of two interstate highways and the Arkansas River.

The investment picture is defined by affordability paired with divergent momentum across asset classes. The single family market has been notably strong, with Redfin reporting a median sale price of $290,000 for the three months ending June 2026, up 9.4% from a year earlier, one of the stronger appreciation rates among comparable markets. The apartment market has been softer, with MMG Real Estate Advisors forecasting average effective rent of $1,039 for the fourth quarter of 2026, up just 0.8%, and occupancy holding flat near 89.5% as the market works through elevated vacancy. Commercial fundamentals are tight, with Colliers reporting first quarter 2026 vacancy of 3.73% in retail, 5.5% in industrial, and 10.2% in office.

The core educational takeaway for an accredited investor is that Little Rock offers a low cost, stable, institutionally anchored market with strong single family appreciation, tight commercial fundamentals, low property taxes, and moderate insurance, offset by a soft apartment sector working through supply, modest growth, and exposure to severe weather. What follows details each figure with its named source and scope.

Section 02Population and Migration

Little Rock is a modestly growing market, a genuine positive that distinguishes it from several declining Southern capitals. The Census Bureau estimated the city at 206,427 residents as of July 1, 2025, up 1.9% from the April 2020 base of 202,591, continuing steady growth from 193,524 in 2010. The city anchors the Little Rock, North Little Rock, and Conway metropolitan area, and it is a spread out, low density city, as the measures below show.

The demographic profile is favorable for a stable rental and ownership market. Little Rock is well educated and diverse, as the following measures from the 2020 to 2024 American Community Survey show, with the high educational attainment reflecting the concentration of government, medical, and professional employment.

Redfin migration data showed modest net inflows from higher cost metros including Kansas City, Dallas, San Francisco, and Chicago, consistent with Little Rock's appeal as an affordable, functional midsize city. For an investor, the population data is a genuine if modest positive: Little Rock grows slowly but steadily, avoiding the outright decline of some peers, and its educated, professional demographic supports stable demand for both ownership and rental housing across the quality spectrum.

Section 03Jobs and Economic Anchors

Little Rock's economy is anchored by government, health care, logistics, and finance, a diversified and stable mix that gives it resilience through economic cycles. The US Bureau of Labor Statistics reported total nonfarm employment for the metro at 393,800 in July 2026 on a preliminary basis, up 1.3% year over year, with a low unemployment rate of 4.1% for June 2026, not seasonally adjusted, and a civilian labor force of roughly 401,600, data extracted August 28, 2026. The sector composition reflects the market's role as a government and services hub.

The table shows a diversified economy with three large pillars: trade, transportation, and utilities at 82,200 jobs, reflecting the metro's logistics and distribution role; government at 67,800, encompassing the state capital and public institutions; and education and health services at 67,700, anchored by the University of Arkansas for Medical Sciences, a major academic medical center. Financial activities at 24,800 is a meaningful cluster, home to Bank OZK, the investment bank Stephens, and Simmons Bank, giving Little Rock an outsized banking presence for its size. This diversification, spread across recession resistant government, health care, and finance, is the source of the market's stability, though it also means the economy grows steadily rather than rapidly.

The employer base is deep and varied. The University of Arkansas for Medical Sciences, Baptist Health, CHI St. Vincent, and Arkansas Children's Hospital anchor a large medical sector, the State of Arkansas is a major employer as the capital, and the retailer Dillard's is headquartered in Little Rock. Aerospace is a genuine strength, with Dassault Falcon Jet operating a major completion and service facility and the nearby Little Rock Air Force Base serving as a hub for military airlift operations. The Port of Little Rock on the Arkansas River, a designated Foreign Trade Zone and United States Customs point of entry, anchors the logistics and manufacturing base. For an investor, this employment mix is a genuine strength in its stability and diversification, providing durable demand across housing and commercial property even if it lacks the explosive growth of larger Sun Belt markets.

Section 04Income

Incomes in Little Rock are moderate and, relative to the low cost of housing, quite favorable. The Census Bureau reported a median household income for the city of $63,003 in 2024 dollars for the 2020 to 2024 period, with per capita income of $43,712, a relatively high per capita figure reflecting the professional and medical workforce, and a poverty rate of 17.5%.

The relationship between income and housing cost is favorable, which is central to Little Rock's investment appeal. With a city median household income of $63,003 and a median gross rent of $1,106, annualized rent of roughly $13,272 represents about 21% of median household income, a comfortable ratio that supports rent stability and signals limited affordability stress. The metro average apartment rent near $1,039 that MMG reported is even more affordable relative to incomes. The relatively high per capita income of $43,712 reflects the concentration of well paid government, medical, banking, and professional workers, which supports demand for higher tier housing. For an investor, the income data supports a stable, affordable rental thesis: incomes comfortably support current rents, and the professional workforce provides a solid base of credit quality tenants, though the moderate income level also caps the ceiling on rent growth.

Section 05Housing and Multifamily

The Little Rock apartment market is soft but stabilizing, working through elevated vacancy as its construction pipeline tapers. MMG Real Estate Advisors forecast average effective rent of $1,039 for the fourth quarter of 2026, up just 0.8% year over year, with occupancy holding flat near 89.5%, and characterized the market as entering 2026 with a steadier operating setup supported by a materially tighter supply pipeline and modestly improving demand. Cushman and Wakefield similarly described the market in the second quarter of 2025 as in a period of transition, with steady renter demand and a tapering construction pipeline helping to rebalance conditions.

The essential point is that occupancy near 89.5%, implying vacancy near 10.5%, is elevated relative to the national multifamily vacancy that CoStar reported near 8.5%, indicating that Little Rock is working through a period of softness. This is a demand and supply timing issue rather than a distress situation, and MMG expects the tighter supply pipeline to allow gradual stabilization and modest rent gains through 2026 and beyond. The very affordable rents, at roughly $1,039 to $1,106 per month, provide a floor and limit downside. For an investor, the apartment market offers a stabilizing, deeply affordable market at a cyclical low point in rent growth, where the tapering pipeline sets up gradual improvement, though the elevated vacancy warrants conservative underwriting of occupancy and concessions.

Section 06Rents

Little Rock rents are among the most affordable of any capital city in the country, and after a soft stretch they are positioned for modest gains. MMG forecast average effective rent of $1,039 for the fourth quarter of 2026, up 0.8%, and the Census reported a city median gross rent of $1,106 for the 2020 to 2024 period, both far below national norms. The modest forecast rent growth reflects the elevated vacancy the market is working through, with limited landlord pricing power until occupancy tightens.

The rent environment is one of stability and affordability rather than growth. In a market with occupancy near 89.5%, owners have limited ability to push rents and may offer concessions to maintain occupancy, which is why effective rent growth is forecast at a modest 0.8% rather than the stronger gains seen in tighter markets. The affordability, however, is a genuine strength: at roughly $1,039 per month, Little Rock rents leave ample room in tenant budgets and provide a defensive floor, since the market does not depend on high rents to function and its renters are not stretched. As the supply pipeline tapers and vacancy tightens, MMG expects rent growth to improve modestly. For an investor, the rent data supports a stable, affordable, cash flow oriented thesis rather than a rent growth play, with the current softness representing a cyclical low from which measured improvement is expected.

Section 07Vacancy

Vacancy is the metric that best captures the current softness in the Little Rock apartment market. Occupancy near 89.5% forecast by MMG for 2026 implies a vacancy rate near 10.5%, elevated relative to the national multifamily vacancy near 8.5% that CoStar reported and above the levels a healthy market would show. This reflects a period during which supply outpaced the metro's modest demand growth, pushing vacancy up.

The trajectory, however, is toward stabilization. MMG forecast occupancy to hold flat at 89.5% in 2026, signaling stabilization as absorption improves and the market works through existing vacancy, with more meaningful improvement expected thereafter as the tapering supply pipeline reduces new competition. The elevated vacancy is concentrated in the segments and submarkets that received recent supply, while the market's affordability continues to attract and retain renters. For an investor, the vacancy data is the primary near term caution in the apartment sector, requiring conservative underwriting, but it is a cyclical rather than structural condition, and the combination of a shrinking pipeline, steady demand, and deep affordability points toward gradual occupancy improvement over the next several years, which is the basis for a recovery oriented acquisition thesis.

Section 08Supply Pipeline

The supply pipeline is the cause of the current apartment softness, and its contraction is the basis for the stabilization thesis. MMG noted that Little Rock enters 2026 with a materially tighter supply pipeline, and Cushman and Wakefield described a tapering construction pipeline helping to rebalance the market, both indicating that the wave of new deliveries that pushed vacancy up is receding.

The dynamic reflects the national pattern of a supply wave now receding, but in a modestly growing market where the absorption of that supply takes longer. The critical point for the forward view is that the pipeline is contracting sharply, which removes the primary source of the vacancy pressure and allows demand, even at a modest pace, to gradually tighten the market. Little Rock's slow but steady population growth and stable employment base provide the demand foundation, and the tapering supply provides the supply side relief. For an investor, the supply picture is favorable on a forward basis: the market overbuilt modestly relative to its demand, but the correction in the pipeline means the imbalance should ease over the next several years, rewarding capital that acquires during the current soft patch and holds through the stabilization.

Section 09Single Family Homes

The single family market is the standout of Little Rock real estate, combining exceptional affordability with strong recent appreciation. Redfin reported a median sale price of $290,000 for the three months ending June 2026, up a robust 9.4% year over year, with price per square foot of $155, up 7.6%, one of the stronger appreciation performances among comparable markets. The affordability remains striking, with the median price well below the national level, even after the double digit gain.

The Census reported a median value of owner occupied homes of $236,400 for the 2020 to 2024 period and an owner occupancy rate of 53.5%, and the recent Redfin median of $290,000 reflects both appreciation and the mix of homes selling. The 9.4% price gain, occurring even as the apartment market softened, reflects genuine ownership demand meeting limited supply in an affordable market that has attracted migration from higher cost metros. The single family rental angle is attractive, with affordable acquisition prices and a deep renter base, since the 53.5% ownership rate leaves nearly half of households renting. Neighboring North Little Rock offers even lower entry pricing at a $200,000 median. For an investor, Little Rock single family and single family rental offer affordable entry, genuine appreciation momentum, and a solid renter base, making them among the more attractive segments of the local market, in contrast to the softer apartment sector.

Section 10Commercial Real Estate and Retail Centers

Little Rock commercial real estate is tight and tightening, a favorable contrast to the softer apartment sector. Colliers reported that central Arkansas commercial markets held steady and tightened through 2025 and into 2026, with the office market improving as tenants returned and adaptive reuse absorbed space, industrial remaining tight, and retail exceptionally strong.

Retail is the standout, with vacancy of just 3.73% in the first quarter of 2026, down from 4.10% at year end 2025 and from 6.0% at the end of 2024, a steadily tightening market where second generation retail space leases quickly and new development is meeting demand, strongly favoring grocery anchored and necessity centers serving the metro's stable population. Industrial is tight at 5.5%, having risen modestly from 4.8% at the end of 2024 as some new supply delivered, with Colliers noting strong leasing activity in the 25,000 to 50,000 square foot range, supported by the Port of Little Rock, the Foreign Trade Zone, and the metro's central logistics position on Interstate 40 and Interstate 30. Office improved to 10.2% in the first quarter of 2026 from 11.1% at year end 2025, a healthier level than the national office market, aided by adaptive reuse and by demand from schools and medical offices, though downtown older office remains more challenged. For an investor, retail and industrial are the most attractive commercial sectors, both tight and supported by durable demand, while office is stabilizing at a level well below national distress.

Section 11Transactions and Capital Markets

The market's affordability and stability, combined with the current apartment softness, position it as a cash flow oriented market where pricing reflects both the low rent basis and the elevated vacancy.

The national context is instructive for a market like Little Rock. The multifamily investment market nationally regained momentum entering 2026, with apartment sales volume reaching roughly $135 billion in 2025 and cap rates around 6.1% per the MMCG database, and secondary markets like Little Rock typically trade at cap rates above the national average, offering higher going in yields to compensate for slower growth and, currently, for the elevated local vacancy. The strong single family appreciation of 9.4% and the tight commercial fundamentals suggest genuine underlying demand that supports asset values, while the soft apartment occupancy argues for conservative underwriting on multifamily acquisitions. For an investor, the capital markets read is that Little Rock is a yield oriented market where affordable pricing, tight commercial fundamentals, and appreciating single family values coexist with a soft apartment sector, rewarding disciplined capital that matches strategy to the divergent conditions across asset classes.

Section 12Taxes

Property taxes in Little Rock are low, a significant advantage that supports the market's affordability and investment appeal, and Arkansas provides meaningful homeowner protections. Arkansas assesses property at 20% of its market value, and the state levies no property tax at the state level, with property taxes collected by counties, cities, and school districts. Critically, Arkansas Amendment 79 caps the annual increase in the assessed value of a homestead at 5% per year, and at 10% per year for other properties, providing predictability and protecting owners from rapid tax increases as values rise, along with a homestead property tax credit for owner occupants.

The low tax environment is a genuine structural positive. The City of Little Rock's economic development office emphasizes that Arkansas does not levy personal or corporate income tax at the city or county levels and that real and personal property tax do not exist at the state level, keeping the overall tax burden competitive. Applied to assessed value at 20% of market value, local millage rates translate into a modest effective burden on market value that is low by national standards, and the 5% annual assessment cap for homesteads provides valuable predictability for long term owners. For an income property investor, the low property tax environment directly supports net operating income and is one of the structural reasons Little Rock screens favorably on a cash flow basis, complementing the market's affordable acquisition pricing and rents. The 10% annual cap on assessed value increases for non homestead properties is a relevant protection for rental owners, though investors should verify the specific millage applicable to a given parcel with the Pulaski County Treasurer.

Section 13Insurance

Property insurance in Little Rock is moderate relative to catastrophe exposed coastal and wildfire prone markets, though the region's exposure to severe storms is a genuine and rising cost factor. Arkansas faces no hurricane, coastal flood, or significant wildfire risk, but it lies in a part of the country exposed to severe thunderstorms, tornadoes, large hail, damaging winds, and occasional ice storms, and these perils are the primary drivers of insured property losses and of rising premiums across the state.

Home insurance costs in Arkansas have historically run below the levels seen in hurricane exposed Gulf Coast states, but severe convective storm activity, particularly hail and wind, has pushed premiums higher in recent years, consistent with the national trend of rising property insurance costs. A secondary consideration is seismic risk, as the New Madrid Seismic Zone in the northeastern part of the state poses a low but nonzero earthquake risk to the broader region, though Little Rock itself sits at a moderate distance from the highest risk area. For an investor, the insurance conclusion is favorable relative to coastal markets, with moderate and manageable costs, but the rising trend driven by severe storms warrants attention to roof age, hail resistance, and wind coverage terms, and current quotes should be verified rather than assumed from historical norms.

Section 14Landlord Tenant and Regulatory Environment

Arkansas is widely regarded as one of the most landlord favorable states in the country, which is a meaningful advantage for rental property investors in Little Rock. The state has historically had limited habitability requirements and a legal framework that favors property owners, with no statewide rent control and state law that does not permit local rent regulation, so rents are set entirely by the market. Eviction procedures in Arkansas are relatively fast and owner favorable by national standards, giving landlords efficient recourse for nonpayment, a genuine operational advantage that reduces the cost and duration of tenant turnover and default.

The regulatory environment on the development side is comparatively permissive, consistent with Arkansas's business friendly posture and low tax structure, and Little Rock maintains standard zoning, building, and rental requirements without unusual burden. Short term rental regulation exists at the municipal level and is a minor consideration in a market driven by long term rental demand. The overall regulatory read is strongly favorable for rental investment: Arkansas's landlord favorable legal framework, the absence of rent control, efficient eviction enforcement, and low taxes combine to create one of the more operator friendly environments in the country. Investors should confirm current city rental licensing and any applicable inspection requirements before underwriting a specific strategy, but the state level framework is a clear positive for rental property owners.

Section 15Infrastructure

Little Rock possesses strong transportation infrastructure that supports its logistics economy and its role as the hub of Arkansas. The metro sits at the crossroads of Interstate 40, the major east and west route across the mid South, and Interstate 30, which connects toward Dallas and the Southwest, giving it excellent highway connectivity and central logistics positioning, supplemented by an inner interstate loop system. The Bill and Hillary Clinton Little Rock National Airport, less than three miles from downtown, handles roughly 2.2 million passengers annually, and the Port of Little Rock on the Arkansas River, part of the McClellan Kerr Arkansas River Navigation System and a designated Foreign Trade Zone and Customs point of entry, provides barge access and supports industrial development.

This infrastructure is a genuine competitive advantage, as the combination of interstate highways, river navigation, rail, and air connectivity underpins the metro's distribution and manufacturing base and its appeal to logistics users. The short mean commute of 18.5 minutes reported by the Census reflects the metro's manageable size and limited congestion, a quality of life advantage that supports resident attraction. Water supply and utilities are adequate and not a constraint on development, unlike in the arid Southwest. For a real estate investor, the infrastructure picture is favorable across the board: excellent highway, river, air, and rail connectivity supports the industrial and logistics sectors, short commutes support residential demand, and the absence of the water and congestion constraints seen in faster growing markets removes a common source of long term risk.

Section 16Climate and Physical Risks

Little Rock's physical risk profile is dominated by severe convective storms rather than by the hurricanes, wildfires, or coastal flooding that affect other regions. The area is exposed to tornadoes, severe thunderstorms, large hail, damaging straight line winds, and occasional winter ice storms, and Arkansas sits near the eastern edge of the region prone to violent spring and early summer tornado outbreaks. These wind and hail perils are the primary drivers of insured property losses and of the rising insurance costs discussed earlier, and they are a genuine, recurring risk that requires attention to building resilience.

Flood risk is present but localized, associated primarily with the Arkansas River and its tributaries and with flash flooding during heavy rainfall, and properties near watercourses require careful flood assessment, though the broad citywide flood risk is lower than in coastal or low lying river delta markets. A secondary consideration is seismic risk from the New Madrid Seismic Zone to the northeast, which poses a low probability but potentially significant earthquake risk to the broader region over long horizons. Extreme heat and humidity are chronic summer factors that raise cooling costs. For an investor, the climate conclusion is that Little Rock avoids the catastrophic hurricane and wildfire tail risks of coastal and western markets, but that severe convective storms are a real and recurring risk that should be reflected in insurance assumptions and in attention to roof and structural resilience, with flood risk assessed on a property specific basis near watercourses.

Section 17Neighborhoods and Submarkets

Little Rock's residential geography ranges from the affluent and growing western neighborhoods to the more affordable central and eastern areas, with the broader metro extending across the Arkansas River to North Little Rock and Conway. West Little Rock, including the Chenal and Chenal Valley areas, is the metro's premier growth corridor, home to newer master planned neighborhoods, upscale retail, and much of the region's higher value housing, and it commands prices above the citywide median. The Heights and Hillcrest neighborhoods near midtown are established, walkable, higher value areas, while downtown and the River Market district offer an urban core that has seen adaptive reuse and residential development.

The broader metro offers a range of submarkets and price points. North Little Rock, across the river, is more affordable, with a Redfin median of $200,000, and includes the Argenta arts district and neighborhoods near the Little Rock Air Force Base in nearby Jacksonville, while Conway to the northwest is a growing university and technology town anchored by the University of Central Arkansas and the data services firm Acxiom. The multifamily submarkets broadly track this geography, with newer, higher rent product concentrated in West Little Rock and older, more affordable stock in the central and eastern areas and near the universities and the air base. For an investor, the practical conclusion is that submarket selection ranges from the growth and quality of West Little Rock at higher entry prices to the affordability and higher yields of North Little Rock and the central areas, with the university and air base submarkets offering stable, demand driven rental pools.

Section 18Opportunities

The clearest opportunity in Little Rock is single family rental and small residential investment, where affordable acquisition pricing, a deep renter base with a 53.5% ownership rate, and strong recent appreciation of 9.4% combine to produce attractive cash flow and genuine upside, supported by the state's landlord favorable legal framework and low property taxes. The affordability of homes at a $290,000 median, and lower in North Little Rock, allows investors to build rental portfolios at low bases with workable yields.

A second opportunity is countercyclical apartment acquisition during the current soft patch, where elevated vacancy near 10.5% has pressured pricing but a tapering supply pipeline and deep affordability set up gradual stabilization, allowing patient capital to acquire at a cyclical low point in rent growth. A third opportunity is tight commercial real estate, particularly grocery anchored and necessity retail at 3.73% vacancy and industrial and logistics at 5.5%, both supported by durable demand, the Port of Little Rock, and the metro's central highway position. A fourth is the stability of the institutional economy itself, anchored by government, the academic medical center, banking, and aerospace, which provides recession resistant demand. Underpinning all of these are low property taxes, a landlord favorable legal environment, and moderate insurance costs.

Section 19Risks

The most significant near term risk is the soft apartment market, with occupancy near 89.5% and vacancy near 10.5% above national norms, which pressures rents and requires conservative underwriting until the market absorbs its supply and tightens. The second risk is the market's modest growth ceiling, since Little Rock is a slow growing midsize capital that will not deliver the rapid appreciation of high growth Sun Belt markets, and its economy, while stable, grows steadily rather than dynamically, which caps rent and value growth potential over the long run.

The third risk is severe weather, with recurring tornado, hail, and windstorm exposure driving insured losses and rising insurance costs, and a low probability seismic risk from the New Madrid zone over long horizons. Additional risks include a relatively high 17.5% poverty rate that constrains the lower end of the rental market, exposure to state government budget decisions given the large public sector, and the general softness in older downtown office. Property taxes are low and the legal environment is landlord favorable, both genuine offsets. None of these is disqualifying, but together they define Little Rock as a stable, affordable, yield oriented market rather than a growth market, where the apartment softness is the primary cyclical risk and modest growth is the primary structural limitation.

Section 20Investor Implications

For an accredited investor, Little Rock is a stable, affordable, yield oriented market that rewards a cash flow mindset and disciplined asset class selection. The attractive elements are real: strong single family appreciation of 9.4%, exceptionally affordable housing, tight commercial fundamentals with retail at 3.73% and industrial at 5.5% vacancy, low property taxes, one of the most landlord favorable legal environments in the country, moderate insurance, and a stable, diversified economy anchored by government, health care, banking, and aerospace. The offsetting challenges are a soft apartment market working through elevated vacancy, modest overall growth, and severe weather exposure.

The strategies the data most supports are single family rental at affordable bases with genuine appreciation momentum, countercyclical apartment acquisition ahead of the stabilization as the supply pipeline tapers, and necessity retail and industrial exposure in tight commercial sectors. Underwriting should focus on conservative occupancy and concession assumptions for apartments given the current softness, realistic expectations for modest rather than rapid rent and value growth, and appropriate insurance assumptions for severe storm exposure. Little Rock rewards investors who value stability, affordability, and yield over growth, who take advantage of the state's landlord favorable framework and low taxes, and who match strategy to the divergent conditions across a strong single family market, a soft but stabilizing apartment sector, and tight commercial fundamentals.

Section 21Conclusion

Little Rock is a stable, affordable, institutionally anchored capital city whose real estate market pairs strong single family momentum with a soft but stabilizing apartment sector and tight commercial fundamentals. Homes are appreciating at a robust 9.4% while remaining affordable at a $290,000 median, the apartment market is working through elevated vacancy near 10.5% with rents holding near $1,039 as its supply pipeline tapers, and commercial real estate is tight, with retail vacancy under 4% and industrial near 5.5%. Beneath these dynamics sits a diversified and recession resistant economy of government, health care, banking, aerospace, and logistics, modest but genuine population growth, low property taxes, a landlord favorable legal framework, and moderate insurance costs, offset by a slow growth ceiling and severe weather exposure. For the accredited investor, Little Rock is best understood not as a simple yes or no but as a stable, yield oriented market where affordable single family rentals, countercyclical apartment acquisition, and tight commercial sectors each offer distinct opportunities, and where a cash flow mindset, conservative apartment underwriting, and realistic growth expectations will separate sound results from disappointment. Every figure in this review carries a named public source and an explicit scope so that the reader can verify it independently.

Sources

• US Census Bureau, QuickFacts, Little Rock city, Arkansas, population, income, housing, and demographic figures, retrieved August 31, 2026, https://www.census.gov/quickfacts/fact/table/littlerockcityarkansas/PST045225
• US Bureau of Labor Statistics, Little Rock North Little Rock Conway AR Economy at a Glance, labor force, unemployment, and nonfarm employment by sector, data extracted August 28, 2026, https://www.bls.gov/eag/eag.ar_littlerock_msa.htm
• MMG Real Estate Advisors, 2026 Little Rock Forecast, effective rent, occupancy, and supply outlook, citing CoStar, https://mmgrea.com/2026-little-rock-forecast/
• Cushman and Wakefield, Little Rock Multifamily MarketBeat, Q2 2025 market conditions, https://www.cushmanwakefield.com/en/united-states/insights/us-marketbeats/little-rock-marketbeats
• Redfin, Little Rock AR Housing Market, median sale price, price per square foot, and migration, three months ending June 2026, https://www.redfin.com/city/10455/AR/Little-Rock/housing-market
• Colliers, 26Q1 Central Arkansas Market Report, office, industrial, and retail vacancy, https://www.colliers.com/en/research/little-rock/q12026report
• Colliers, 25Q4 Central Arkansas Market Report, office, industrial, and retail vacancy, https://www.colliers.com/en/research/little-rock/q42025report
• City of Little Rock, Economic Development, major employers, Port of Little Rock, and tax structure, https://littlerock.gov/government/city-managers-office/divisions/economic-development/
• Pulaski County Treasurer, property tax and 2025 to 2026 millage information, https://pulaskicountytreasurer.net/your-tax-dollars/
• ARCountyData, Pulaski County Assessor, Arkansas Amendment 79 homestead assessment cap and homestead credit, https://www.arcountydata.com/county.asp?county=Pulaski
• CoStar, Apartments.com and CoStar multifamily forecast, national vacancy near 8.5%, https://investors.costargroup.com/news-releases/news-release-details/apartmentscom-and-costar-raise-near-term-us-multifamily-rent