Net absorption in Little Rock remained positive for the third straight quarter in Q3 2025, with renters absorbing 47 units, though leasing activity moderated from the prior quarter.
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Little Rock’s latest development wave has largely tapered, with fewer than 100 units under construction. Recent activity was concentrated in North Little Rock, Midtown/Hillcrest, and Central/East, highlighted by the mid-2025 delivery of the 365-unit Resort at Rockwater.
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With only 82 units currently under construction—a sharp pullback from the 2024’s level—occupancy is expected to tighten gradually as recent lease-ups stabilize and concessions recede.
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MARKET OUTLOOK
Little Rock’s multifamily market enters late 2025 on a stabilizing path, supported by a thinner development pipeline...
