Cheap Apartments for Rent in Little Rock, AR from $500 (308 Rentals)

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

Catfish, Crystals, and Culture: A Local Insider's Guide to Little Rock

Little Rock has big-city amenities, small-town charm, and some of the best catfish you'll ever eat. Let our local insider show you everything this underrated Arkansas city has to offer.

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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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A Guide to Working and Living in Little Rock: Major Companies and Charming Neighborhoods

Little Rock, Arkansas: Your essential guide to finding the perfect home, from charming historic areas to dense suburbs, all conveniently located near the city’s top employers.

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Residences at Riverdale
$782 - $1,624

Total Monthly Price

Base Rent$782 - $1,624
Total Monthly Price$782 - $1,624
Studio to 2 Bedroom Apartments Available Now

Residences at Riverdale

2010 Rebsamen Park RdLittle Rock, AR 72202
Corporate Housing
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Little Rock's Best Affordable Neighborhoods

Learn about Little Rock and the best places to live with original content written by Local Expert Melissa Maxwell

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Little Rock, AR Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Little Rock, AR

Pricing Updated: 09/10/2026

Current apartment rentals in the Little Rock, AR area range in price from $500 to $6,560 with an overall median price of $1,088. The three Little Rock neighborhoods with the lowest median rent pricing are Wakefield at $775, Outer Central East at $790, and Upper Baseline at $790. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Little Rock Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Wakefield$775$53538
Outer Central East$790$53544
Upper Baseline$790$5355
Little Rock Air Force Base$795$55042
65th Street West$800$55055
Cloverdale Watson$800$53560
South Geyer Spring$800$70026
Cammack Village$892$520103
Midtown Little Rock$907$52030
Reservoir$925$520247

Cheapest Available Little Rock Apartments for Rent

 

The cheapest available apartment rental in Little Rock, AR is a 1 Bed unit found at Park Heights Apartments in the Ward 3 neighborhood priced from $520. The Bluffs on McCain in the North Little Rock neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $525. Here is today’s list of the most affordable Little Rock apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Park Heights Apartments1 Bedroom1BR,1BA$520
The Bluffs on McCain1 Bedroom (Phase I)1BR,1BA$525
Terra Vista Apartments1 Bedroom Small1BR,1BA$535
710 M Street2BR/1.0BA2BR,1BA$575
5924 Southwick Dr1 Beds, 1 Baths1BR,1BA$600
123 N Polk St0 Beds, 1 BathsStudio,1BA$625
Baker School Apartments1 Beds, 1 Baths1BR,1BA$625
Oakwood Place ApartmentsOriginal Floor Plan1BR,1BA$640
Dream Little RockA1P1BR,1BA$649
Rosewood Apartments2.1 Renovated2BR,1BA$650

Best Value Apartments for Rent in Little Rock, AR

As of September 11, 2026 the best value apartment in the Little Rock area is the $0.81 price per square foot The Riverbend Model at Sturbridge in the in the Ward 4 neighborhood starting from $892. The second greatest value Little Rock apartment is the 2 bed 2 bath Model at The Retreat of Maumelle starting at $975 with a $0.89 price per square foot in the Maumelle 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.
SturbridgeThe Riverbend2BR,1.5BA$0.81
The Retreat of Maumelle2 bed 2 bath2BR,2BA$0.89
5555 Springvale ApartmentsAll Units2BR,2BA$0.86
7711 S St2BR/1.5BA2BR,1.5BA$0.73
2508 W 58th St2 Beds, 1 Baths2BR,1BA$0.69
Rosewood Apartments3.13BR,1BA$0.82
Normandy Place Apartments2.2 Rehab2BR,2BA$0.83
Westbridge ApartmentsA11BR,1BA$0.87
The Bluffs on McCain1 Bedroom (Phase II)1BR,1BA$0.84
710 M Street2BR/1.0BA2BR,1BA$0.82

Exploring Little Rock: A Student's Guide on Where to Live Near Little Rock's Best Colleges

Explore Little Rock like a local! This student guide covers the best neighborhoods for renting near the area's top schools. Find your Little Rock apartment today!

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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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Little Rock Overview

The most populated city in all of Arkansas, Little Rock is not only a world-famous destination brimming with history but also the proud state capitol. Taking its name from the French term 'le petite rock' after a popular formation along the river, this cultural hub of the Arkansas region has much to offer would-be residents. And the limitless amount of activity for residents along with the options for apartments in Little Rock make Arkansas living a breeze!

Why live in Little Rock, AR?

It's easy to see why so many folks have made life in Little Rock apartments their home. Commonly thought of as the economic and cultural center of Arkansas, Little Rock has a multitude of opportunity befitting a state capitol of its stature. From lush natural beauty to a growing job market, this crown jewel of the 'Land of Opportunity' has been attracting a diverse population for literally centuries.

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

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Frequently Asked Questions about Cheap Little Rock Apartments

What is a cheap apartment in Little Rock?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Little Rock is under $650.

What is the price of a cheap apartment in Little Rock?

The cheapest apartment in Little Rock is Park Heights Apartments which is listed at $520, while the average apartment in Little Rock costs $1,088.

What types of apartments are the cheapest in Little Rock?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 522 regular apartments in Little Rock that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Little Rock?

Cheap apartments in Little Rock have an average cost of $354 which is $734 cheaper than the average rent for all rentals in Little Rock.

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.

Helpful Local Expert Guides

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Catfish, Crystals, and Culture: A Local Insider's Guide to Little Rock

Written by: Melissa Maxwell

I'm Melissa, your ApartmentHomeLiving.com Local Expert for Little Rock, Arkansas. My grandmother was from Little Rock. She went to North Little Rock High School. Yes, that North Little Rock High School.

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A Guide to Working and Living in Little Rock: Major Companies and Charming Neighborhoods

Written by: Melissa Maxwell

I'm Melissa, your ApartmentHomeLiving.com Local Expert for Little Rock, Arkansas. Arkansas has a reputation as being a rather rural state. That isn't far from true.

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Exploring Little Rock: A Students Guide on Where to Live Near Little Rock's Best Colleges

Written by: Melissa Maxwell

Alright! You got into college! The next four years are going to be super thrilling. Little Rock is a city with quite a checkered past.

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Exploring the Best Affordable Neighborhoods in Little Rock: Finding Your Perfect Place

Written by: Melissa Maxwell

I lived in Little Rock, Arkansas for a time as a child. My grandmother was born and raised there with her seven brothers and sisters. On the day my grandmother was born, her father paid the doctor with a hog.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.