MARKET SNAPSHOT

2026 Little Rock Forecast

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2025

FORECASTED ANNUAL CHANGE

2026

$1,030

Q4 AVG. EFFECTIVE RENT

ANNUAL CHANGE

$1,039

Q4 Avg. Effective Rent

89.5%

Q4 AVG. OCCUPANCY

ANNUAL CHANGE

89.5%

Q4 Avg. Occupancy

574

2025 COMPLETIONS

10 Yr. Avg. Annual Completions

2026 COMPLETIONS

140

2025 NET ABSORPTION

10 Yr. Avg. Annual Absorption

214

2026 NET ABSORPTION

Source: CoStar

Key Market Themes for 2026

Net absorption is forecasted to increase to 214 units in 2026 while no unit completions are projected for 2026, shifting the market from competing with new deliveries to absorbing existing availability.
Effective rent is projected to rise 0.8% year over year to $1,039, supported by reduced competitive supply pressure and improved leasing stability.
Occupancy is forecast to remain flat at 89.5% in 2026, signaling stabilization as absorption improves but the market continues to work through existing vacancy.

MARKET OUTLOOK

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Little Rock enters 2026 with a steadier operating setup, supported by a materially tighter supply pipeline and demand that is improving modestly but remains measured. The forecast calls for continued, modest rent gains and essentially flat occupancy,...