How much is a home worth in ZIP code 72206?

The typical home in 72206 is worth $132,871, based on the Zillow Home Value Index.

Are home values rising in 72206?

Home values in 72206 are up 7.3% over the past year, and up 2.9% a year over five years.

What is the typical rent in 72206?

A typical home in 72206 rents for about $1,018 a month, a gross rental yield of 9.2%.

What is the property tax rate in 72206?

The effective property tax rate in 72206 is 0.5% — roughly $693 a year on a typical home.

ZIP code 72206 has a population of 22,667 and a median household income of $52,132.

HousingHandbookReference data

…

U.S. ZIP Code · AR72206

Pulaski County · Little Rock-North Little Rock-Conway, AR

Typical home value

$132,871^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +7.3%
5-year / yr: +2.9%
10-year / yr: +2.0%

Relative price

vs U.S.: -53.2%
vs metro: -43.5%
vs state: -28.3%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 72206 is worth $132,871 — 43.5% below the Little Rock-North Little Rock-Conway, AR median. Over the past year, values have risen 7.3%. Homes here rent for a typical $1,018 a month — a 9.2% gross rental yield. The effective property tax rate is 0.5%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,018^[2]
Gross yield: 9.2%^[2]
Cap rate: 5.5%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.5%^[3]
Typical annual tax: $693^[3]

#Climate risk

FEMA National Risk Index ratings for Pulaski County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Not Applicable
Wildfire: Relatively Low
Drought: Very Low
Heat wave: Relatively Moderate
Hurricane: Relatively Low
Tornado: Very High
Earthquake: Relatively High
Winter weather: Very High

#Who lives here

Population: 22,667^[3]
Median household income: $52,132^[3]

#Migration

Household moves in and out of Pulaski County over a year, from IRS tax-return data.

Net migration: -290^[5]
Moved in: 10,100
Moved out: 10,390

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 11
Elementary: 6
Middle: 3
High: 2

MILLS UNIVERSITY STUDIES HIGH SCHOOL
High · Grades 8–12 · PULASKI COUNTY SPECIAL SCHOOL DISTRICT
671 students
MANN MAGNET MIDDLE SCHOOL
Middle · Grades 6–8 · LITTLE ROCK SCHOOL DISTRICT
641 students
MILLS MIDDLE SCHOOL
Middle · Grades 6–8 · PULASKI COUNTY SPECIAL SCHOOL DISTRICT
494 students
EAST END ELEMENTARY SCHOOL
Elementary · Grades PK–2 · SHERIDAN SCHOOL DISTRICT
455 students
DAISY BATES ELEMENTARY SCHOOL
Elementary · Grades PK–5 · PULASKI COUNTY SPECIAL SCHOOL DISTRICT
418 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield9.2%

Net yield (after ~40% expenses)5.5%

Annual rent$12,210

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$672

Loan principal$106,297

Down payment$26,574

Total interest paid$135,575

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.83

Monthly cost to own$840

Monthly rent$1,018

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 12th percentile^[1]
Rental yield: 88th percentile^[2]
Property tax: 27th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

5th for highest rental yield in ARView list →

Frequently asked

How much is a home worth in ZIP code 72206?: The typical home in 72206 is worth $132,871, based on the Zillow Home Value Index.
Are home values rising in 72206?: Home values in 72206 are up 7.3% over the past year, and up 2.9% a year over five years.
What is the typical rent in 72206?: A typical home in 72206 rents for about $1,018 a month, a gross rental yield of 9.2%.
What is the property tax rate in 72206?: The effective property tax rate in 72206 is 0.5% — roughly $693 a year on a typical home.
Who lives in 72206?: ZIP code 72206 has a population of 22,667 and a median household income of $52,132.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

72046 vs 72206 →
England, AR
Typical home
$132,595
Gross yield
—
72118 vs 72206 →
North Little Rock, AR
Typical home
$131,823
Gross yield
9.1%
72204
Little Rock, AR
Typical home
$121,440
Gross yield
11.3%
72117
North Little Rock, AR
Typical home
$147,971
Gross yield
8.2%
72202
Little Rock, AR
Typical home
$150,768
Gross yield
8.7%
72125
Perry, AR
Typical home
$152,411
Gross yield
—

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#Jump to section

U.S. ZIP Code · AR72206

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