Cheap Apartments for Rent in Little Rock, AR from $300 (274 Rentals)

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property at 3 Meredith Ct

3 Meredith Ct

Little RockAR72227

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: 09/14/2025

Current apartment rentals in the Little Rock, AR area range in price from $425 to $3,800 with an overall median price of $1,458. The three Little Rock neighborhoods with the lowest median rent pricing are South Geyer Spring at $575, Upper Baseline at $575, and Outer Central East at $425. 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$720$5758
Upper Baseline$830$57554
Outer Central East$922$425106
Little Rock Air Force Base$975$50016
Wakefield$995$57583
Walnut Valley$1,184$600225
College Station$1,195$75020
Cloverdale Watson$1,215$57579
Jacksonville Sherwood$1,259$500159
River Market$1,298$75088

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 in the Jacksonville Sherwood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $565. 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 Place1BR/1BA Small1BR,1BA$565
Villa De Cancun1bd/1ba1BR,1BA$575
Orleans SquareOne Bed1BR,1BA$575
Terra Vista Apartments1 Bedroom Small1BR,1BA$585
Summit at Geyer Springs1 Bedroom1BR,1BA$599
Summit at Valley HeightsThe Bel-Air1BR,1BA$605
Sherwood Park (new)1X11BR,1BA$625
Towne Oaks ApartmentsA11BR,1BA$640
The Waterford ApartmentsS1 - WaterfordStudio,1BA$650

Best Value Apartments for Rent in Little Rock, AR

As of September 14, 2025 the best value apartment in the Little Rock area is the $0.90 price per square foot 2 bedroom 2 bath Model at Vantage Point in the in the Ward 3 neighborhood starting from $995. 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 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.
Vantage Point2 bedroom 2 bath2BR,2BA$0.90
The Retreat of Maumelle2 bed 2 bath2BR,2BA$0.89
Chenal PlaceThe Bonelli2BR,2BA$0.85
Normandy Place Apartments2.2 Rehab2BR,2BA$0.93
Bowman Heights ApartmentsB12BR,1BA$0.91
Parkway Crossing Apartments2.1 Renovated2BR,1BA$0.91
Rosewood Apartments2.1 Renovated2BR,1BA$0.84
Park Heights Apartments2 BR, Townhome-W/D in Unit2BR,1.5BA$0.89
Westbridge ApartmentsA11BR,1BA$0.87
Villa De Cancun1bd/1ba1BR,1BA$0.88

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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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Getting Around Little Rock, AR

Walk Score®

45 / 100

Car-Dependent

Most errands require a car

Bike Score®

38 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

23 / 100

Minimal Transit

It may be possible to get on a bus

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 $505, while the average apartment in Little Rock costs $1,458.

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 1,378 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 $340 which is $1,118 cheaper than the average rent for all rentals in Little Rock.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Exploring the Best Affordable Neighborhoods in Little Rock: Finding Your Perfect Place article

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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.