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Arkansas repairs and maintenance laws Tenants must keep the property in the same condition as they received it. Landlords are not required to repair the dwelling or common spaces (unless specified in the lease agreement), but if they choose to do so, they must do it correctly.

Therefore, we recommend consulting with your local apartment association to determine the appropriate CPI and which month they suggest using.? The maximum allowable rent increase currently stands at 8.8% for the period from 2023 to 2024.

An Arkansas month-to-month lease agreement is a document that allows either the landlord or tenant to terminate the agreement with thirty (30) days' notice. The length of the lease has no end date unless notice is provided by one (1) of the parties.

Arkansas Renters' Rights and Landlord Responsibilities Raising Rent: Landlords in Arkansas may increase the rent to any amount with no notice or justification as long as it is not for discriminatory reasons.

If the landlord doesn't fix the problems within 30 calendar days of receiving the notice, the tenant can terminate the lease or rental agreement without penalty and receive a refund of the security deposit. (Ark. Code Ann. § 18-17-502(d) (2021).)

"This goes back to a fairly simple supply and demand equation," McLarty said. "As more people every day call Northwest Arkansas home, and we don't have housing to meet that demand, the market is going to respond with higher rents. More housing is the answer. We just need more of it, and we needed it yesterday."