
Cheap Apartments for Rent in the Downtown Little Rock Neighborhood of Little Rock, AR from $500 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Little Rock area of Little Rock.


111 Barton St

McGowan Flats

Residences at Gracie Mansion

Chateaus at St Clair

1015 Scott St
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.

Eastside Lofts Apartments Phase II

Block 2 Lofts

1720 W 19th St
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.

117 Daisy Bates

1501 W 22nd St
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.
Downtown Little Rock, Little Rock, AR Local Guide

How much does it cost to rent an apartment in Downtown Little Rock?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Little Rock Studio Apartments | $760 | $725 | $795 |
Downtown Little Rock 1 Bedroom Apartments | $1,288 | $820 | $2,300 |
Downtown Little Rock 2 Bedroom Apartments | $1,447 | $775 | $3,000 |
Downtown Little Rock 3 Bedroom Apartments | $1,822 | $1,545 | $2,250 |
Browse Apartments in this Neighborhood
There are currently 20 rentals with your search options within a 2 mile radius of the Downtown Little Rock Neighborhood of Little Rock, AR.
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Downtown Little Rock, Little Rock, AR Local Guide
- Nearby Little Rock neighborhoods
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Cheapest Available Downtown Little Rock Apartments for Rent
 The cheapest available apartment rental in the Downtown Little Rock area of Little Rock, AR is a 1 Bed unit found at Residences at Gracie Mansion priced from $820. Chateaus at St Clair has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Downtown Little Rock apartments for rent in Little Rock, AR:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Residences at Gracie Mansion | Townhouse | 1BR,1BA | $820 |
Chateaus at St Clair | 1BD 1BA | 1BR,1BA | $850 |
Eastside Lofts Apartments Phase II | 1x1 - 498 | 1BR,1BA | $886 |
Block 2 Lofts | B A1 | 1BR,1BA | $899 |
Metropolitan | Metro | 1BR,1BA | $1,028 |
Best Value Apartments for Rent in Downtown Little Rock, AR
As of August 10, 2025 the best value apartment in the Downtown Little Rock area is the $1.16 price per square foot The Parks Model at The Flats at Soma in the in the Ward 1 neighborhood starting from $1,450. The second greatest value Downtown Little Rock apartment is the 2BR/2.0BA Model at EPH 36, LLC (MacArthur Commons Apartments) starting at $1,550 with a $1.31 price per square foot in the River Market neighborhood. Here is today’s list of the best values for Downtown Little Rock apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Flats at Soma | The Parks | 2BR,1BA | $1.16 |
EPH 36, LLC (MacArthur Commons Apartments) | 2BR/2.0BA | 2BR,2BA | $1.31 |
1410 S Gaines St, Unit C | 1410 S Gaines St | 2BR,1BA | $1.10 |
314 W Charles Bussey Ave, Unit 2 | 314 W Charles Bussey Ave | 1BR,1BA | $1.09 |
Rock Street Loft Apartments | #103 | 1BR,1BA | $1.17 |
1512 South Louisiana Street, Unit Apt 2 | 1512 South Louisiana Street | 1BR,1BA | $1.12 |
Metropolitan | Java - Renovated | 1BR,1BA | $1.50 |
Thrive Argenta | A2 | 1BR,1BA | $1.60 |
Block 2 Lofts | B A3 | 1BR,1BA | $1.59 |
Residences at Gracie Mansion | Townhouse | 1BR,1BA | $1.30 |
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Pet Friendly LifestyleDowntown Little Rock, Little Rock, AR
Ranked #8
Among cities in Arkansas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Downtown Little Rock, Little Rock, AR
Gibbs Magnet Elementary School
School data provided by Great Schools
Getting Around the Downtown Little Rock Neighborhood in Little Rock, AR
Walk Score®
71 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
59 / 100
Bikeable
Some bike infrastructure
Transit Score®
47 / 100
Some Transit
A few nearby public transportation options
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 Downtown Little Rock Apartments
How much is rent for a Cheap One Bedroom Downtown Little Rock Apartment?
The lowest price for a Cheap One Bedroom Downtown Little Rock Apartment is $820 at Residences at Gracie Mansion.
What is the lowest price for a Cheap Two Bedroom Downtown Little Rock Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Little Rock is starting from $936 at Residences at Gracie Mansion.
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.

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.

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.