Cheap Apartments for Rent in Little Rock, AR from $300 (295 Rentals)

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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.

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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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 201 N Polk St

$775

1 Bedroom Rentals

Available Now

201 N Polk St

Little RockAR72205

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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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: 01/24/2026

Current apartment rentals in the Little Rock, AR area range in price from $495 to $5,000 with an overall median price of $2,016. The three Little Rock neighborhoods with the lowest median rent pricing are South Geyer Spring at $1,050, Upper Baseline at $650, and East Little Rock at $600. 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
South Geyer Spring$1,250$1,0502
Upper Baseline$1,295$65027
East Little Rock$1,447$60063
State University$1,547$95019
Stephens$1,547$67595
Central High$1,572$65097
Boyle Park$1,595$67598
Capital View$1,595$75030
Capital View - Stiff$1,595$75030
Oak Forest$1,595$650104

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 $505. Augusta Place Apartments in the Jacksonville Sherwood neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $545. Here is today’s list of the most affordable Little Rock apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Park Heights Apartments1 Bedroom1BR,1BA$505
Augusta Place ApartmentsStudio BStudio,1BA$545
Terra Vista Apartments1 Bedroom Small1BR,1BA$585
The Summit at Geyer Springs1 bedroom1BR,1BA$599
The Dels North Little RockStudioStudio,1BA$600
The Summit at Valley Heights1 Bed, 1 Bath1BR,1BA$605
Sherwood Park1X11BR,1BA$625
Oakwood Place ApartmentsOriginal Floor Plan1BR,1BA$640
Luxe 30A11BR,1BA$650
The Waterford ApartmentsS1 - Waterford - RenovatedStudio,1BA$650

Best Value Apartments for Rent in Little Rock, AR

As of January 24, 2026 the best value apartment in the Little Rock area is the $0.91 price per square foot 2030 Nichols Rd Model at 2030 Nichols Rd, Unit B in the in the Ward 6 neighborhood starting from $2,100. The second greatest value Little Rock apartment is the The Rose Floorplan Model at The Arbours Apartment Homes starting at $995 with a $0.93 price per square foot in the Outlying West 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.
2030 Nichols Rd, Unit B2030 Nichols Rd4BR,2BA$0.91
The Arbours Apartment HomesThe Rose Floorplan2BR,2BA$0.93
Rosewood Apartments3.13BR,1BA$0.82
Georgetown Apartments2 Bedroom 1.5 Bathroom Townhouse2BR,1.5BA$0.90
Normandy Place Apartments2.2 Rehab2BR,2BA$0.93
Breckenridge ApartmentsOld State House2BR,1.5BA$0.85
Park Heights Apartments2 BR, Townhome-W/D in Unit2BR,1.5BA$0.89
Westbridge ApartmentsA11BR,1BA$0.87
The Summit at Valley Heights2 Bed, 1 Bath2BR,1BA$0.95
Chenal PlaceThe Alder1BR,1BA$0.93

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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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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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!

Explore Little Rock, AR Rentals by Map

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See the most popular apartments and homes in Little Rock, AR

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Frequently Asked Questions about Cheap Little Rock Apartments

What is the Cheapest Studio apartment in Little Rock?

Currently the most affordable Cheap Studio Apartment in Little Rock is at Augusta Place Apartments listed at $545.

How much is rent for a Cheap One Bedroom Little Rock Apartment?

The lowest price for a Cheap One Bedroom Little Rock Apartment is $505 at Park Heights Apartments.

What is the lowest price for a Cheap Two Bedroom Little Rock Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Little Rock is starting from $570 at Park Heights Apartments.

What is the most affordable Little Rock Three Bedroom Apartment?

The best deal on a cheap Little Rock Three Bedroom Apartment rental is at Rosewood Apartments and starts from $830.

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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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.

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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.