Performance indicators for the Conway short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Conway.
Loading top listings...
Generally Investor friendly
Conway allows STRs citywide in single-family dwellings with a clear licensing process and moderate annual fee ($100), but requires fire/building inspections, $1M liability insurance, a local 24/7 representative, and monthly A&P tax reporting. The compliance burden is manageable and predictable, making STRs viable for investors despite the regulatory requirements.
Local STR Agent
STR specialist · Conway, AR
Conway is a thriving college town in Faulkner County, Arkansas, home to roughly 65,000 to 70,000 residents. Anchored by the University of Central Arkansas, Hendrix College, and Central Baptist College, the city carries an energetic, educated character shaped by its large student population and a walkable historic downtown organized around a classic courthouse square. Conway sits about 30 miles north of Little Rock along Interstate 40, making it a convenient base for travelers exploring central Arkansas and a natural gateway to the natural beauty of the Ozark foothills and the Arkansas River Valley.
A good place to start exploring is Conway's downtown square, where locally owned shops, restaurants, and coffeehouses occupy historic storefronts around the Faulkner County Courthouse. The district hosts regular community events, live music, and a popular farmers market, giving visitors a taste of the city's blend of small-town warmth and college-town energy. It's right in the heart of town, easily reached on foot from most of Conway's central neighborhoods.
Just a short drive west of the city, Toad Suck Park spreads along the Arkansas River and offers camping, picnicking, and river access for paddlers and anglers. Part of the Arkansas State Parks system, the park is named for the nearby Toad Suck Lock and Dam and is popular with locals for weekend getaways and evening walks along the water. It's roughly 15 to 20 minutes from downtown Conway.
A bit farther afield but well worth the trip, Petit Jean State Park is one of Arkansas's flagship outdoor destinations, with hiking trails leading to Cedar Falls, the park's iconic waterfall, plus a scenic canyon, the historic Mather Lodge, and sweeping views of the Arkansas River Valley. About an hour and a half northwest of Conway, it makes an easy day trip or overnight excursion and appeals to hikers, photographers, and families looking to experience the state's natural side.
Closer to home, Lake Conway provides a sprawling, roughly 6,700-acre playground just south of the city for fishing, boating, and birdwatching. As one of the largest man-made game-fish lakes in the country, it draws anglers in search of bass, crappie, and catfish, and the surrounding shoreline includes several public access points. It's only about 15 minutes from downtown, which makes it a natural fit for guests who want a quick escape into the outdoors without a long drive.
With its mix of small-city amenities, college-town energy, and proximity to both the state capital and some of Arkansas's most beloved natural attractions, Conway offers short-term-rental owners a versatile guest base. Visitors arrive for university move-ins and sporting events, business in the Little Rock metro, weekend hikes in the state parks, and family getaways on the lake, and the city's central location along the I-40 corridor makes it a comfortable hub for exploring the broader region.