Cheap Homes for Rent in Little Rock, IA from $500 (7 Rentals)

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Search the lowest-cost Homes available for rent right now in Little Rock.

property at 820 N Cedar St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

1 Bedroom, 1 Bath Home for Rent

Available Now

820 N Cedar St

LuverneMN56156

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

property at 1418 Kayla Pl

$999

2 Bedroom Rentals

Available Now

1418 Kayla Pl

HarrisburgSD57032

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 1010 E 3rd St

$1,300

2 Bedroom, 1 Bath Home for Rent

Available Now

1010 E 3rd St

CantonSD57013

Little Rock, IA Local Guide

Cheapest Available Little Rock Apartments for Rent and Nearby

 

The cheapest available apartment rental in Little Rock, IA is a 1 Bed unit found at Milwaukee Manor Apartments priced from $725. Dublin Square Apartments and Townhomes in the Southeast Sioux Falls neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $765. Here is today’s list of the most affordable Little Rock apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Milwaukee Manor Apartments1 bed 1 bath1BR,1BA$725
Dublin Square Apartments and TownhomesStudio Bedroom / 1 BathroomStudio,1BA$765
Tallgrass Village Apartments & Townhomes1 Bed 1 Bath Apartment1BR,1BA$818

Best Value Apartments for Rent in Little Rock, IA and Nearby

As of January 28, 2026 the best value apartment in the Little Rock area is the $1.15 price per square foot 3 Beds, 2.5 baths Model at Sundance Ridge Townhomes in the in the Southeast Sioux Falls neighborhood starting from $1,650. The second greatest value Little Rock apartment is the Vox - Townhome(IK2E) Model at The Slate starting at $1,550 with a $1.32 price per square foot in the Southeast Sioux Falls neighborhood. Here is today’s list of the best values for Little Rock apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sundance Ridge Townhomes3 Beds, 2.5 baths3BR,2.5BA$1.15
The SlateVox - Townhome(IK2E)2BR,2.5BA$1.32
Willows East Commons2 Bedroom 1.5 Bathroom2BR,1.5BA$1.30
Augusta Townhomes2 Bedroom 2 Bathroom2BR,2BA$1.32
Eastern Hills Apartments2BR/1.0BA2BR,1BA$0.96
Valley Vue Apartments2 Bedroom 2 Bathroom2BR,2BA$1.21
Bentley Park1 Bedroom 1 Bathroom Lower Level1BR,1BA$1.01
Joslyn Heights Apartments2 Bed 1 Bath Apartment2BR,1BA$1.07
Hillview ApartmentsApartment Style 2 Bedroom 1 Bathroom2BR,1BA$1.05
Tallgrass Village Apartments & Townhomes1 Bed 1 Bath Apartment1BR,1BA$1.37

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Little Rock, IA Rentals by Map

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Frequently Asked Questions about Little Rock

What type of rentals are currently available in Little Rock?

There are currently 53 Apartments for Rent in Little Rock, IA with pricing that ranges from $399 to $3,789. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Little Rock ranging from $599 to $3,500.

What is the current price range for Rental Homes in Little Rock?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Little Rock ranges from $599 to $3,500 with an average monthly rent of $1,902.

How much are larger Three and Four Bedroom Rentals in Little Rock?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Little Rock range from $1,070 to $3,789, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $1,634.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.