Cheap Apartments for Rent in Little Rock, AR from $300 (282 Rentals)

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

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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property at 101 S Victory St

101 S Victory St

Little RockAR72201

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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property at 5101 H St

5101 H St

Little RockAR72205

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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Little Rock, AR Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Little Rock, AR

Pricing Updated: 11/09/2025

Current apartment rentals in the Little Rock, AR area range in price from $450 to $3,800 with an overall median price of $1,455. The three Little Rock neighborhoods with the lowest median rent pricing are Upper Baseline at $585, Little Rock Air Force Base at $550, and South Geyer Spring at $690. 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
Upper Baseline$850$58571
Little Rock Air Force Base$1,000$55021
South Geyer Spring$1,010$6908
Walnut Valley$1,049$600282
Outer Central East$1,100$585124
Wakefield$1,112$585125
College Station$1,168$75018
Reservoir$1,200$505297
River Mountain$1,249$600312
Jacksonville Sherwood$1,259$550227

Cheapest Available Little Rock Apartments for Rent

 

The cheapest available apartment rental in Little Rock, AR is a Studio unit found at Augusta Place in the Jacksonville Sherwood neighborhood priced from $485. Park Heights Apartments in the Ward 3 neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $505. Here is today’s list of the most affordable Little Rock apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Augusta PlaceStudio SmallStudio,1BA$485
Park Heights Apartments1 Bedroom1BR,1BA$505
Terra Vista Apartments1 Bedroom Small1BR,1BA$585
The Summit at Geyer Springs1 bedroom1BR,1BA$599
The Dels North Little RockStudioStudio,1BA$600
Residences at the OverlookA11BR,1BA$600
The Summit at Valley Heights1 Bed, 1 Bath1BR,1BA$605
Parkway Crossing Apartments1.11BR,1BA$650
Luxe 30A11BR,1BA$650

Best Value Apartments for Rent in Little Rock, AR

As of November 09, 2025 the best value apartment in the Little Rock area is the $0.93 price per square foot 504 Mimi Ln Model at 504 Mimi Ln in the in the Ward 6 neighborhood starting from $1,049. The second greatest value Little Rock apartment is the 1904 E 2nd St Model at 1904 E 2nd St, Unit 1 starting at $650 with a $0.59 price per square foot in the East Little Rock 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.
504 Mimi Ln504 Mimi Ln3BR,2BA$0.93
1904 E 2nd St, Unit 11904 E 2nd St3BR,1BA$0.59
The Arbours Apartment HomesThe Rose Floorplan2BR,2BA$0.92
Towne Oaks ApartmentsB12BR,1BA$0.79
Rosewood Apartments3.13BR,1BA$0.82
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
Parkway Crossing Apartments1.11BR,1BA$0.90
2107 E Washington Ave, Unit A2107 E Washington Ave1BR,1BA$0.83

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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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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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $1,455.

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 1,941 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 $297 which is $1,158 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.

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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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.