
Cheap Apartments for Rent in the Downtown Little Rock Neighborhood of Little Rock, AR from $500 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Little Rock area of Little Rock.


1915 W 2nd St

201 S Park St

101 S Victory St

219 Barton St

111 Barton St
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.

McGowan Flats

2116 Cumberland St

109 Barton St

Residences at Gracie Mansion

1018 Cumberland St

615 Sherman 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.

Block 2 Lofts

Eastside Lofts Apartments Phase II

901 W Charles Bussey Ave
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.
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.
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 | $725 | $700 | $750 |
| Downtown Little Rock 1 Bedroom Apartments | $1,189 | $675 | $2,250 |
| Downtown Little Rock 2 Bedroom Apartments | $1,316 | $645 | $2,300 |
| Downtown Little Rock 3 Bedroom Apartments | $2,570 | $1,495 | $6,560 |
Browse Apartments in this Neighborhood
There are currently 26 rentals with your search options within a 2 mile radius of the Downtown Little Rock Neighborhood of Little Rock, AR.
See all Apartments in Little RockExplore Little Rock
Downtown Little Rock, Little Rock, AR Local Guide
- Nearby Little Rock neighborhoods
- Nearby Cities
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- School Districts
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. Block 2 Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $879. 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 |
| Block 2 Lofts | W A1 | 1BR,1BA | $879 |
| Eastside Lofts Apartments Phase II | 1x1 - 498 | 1BR,1BA | $886 |
| Metropolitan | Metro | 1BR,1BA | $956 |
| Rock Street Loft Apartments | #103 | 1BR,1BA | $1,100 |
| The Flats at Soma | The Blossom | 1BR,1BA | $1,100 |
| Vue on Riverfront | Diamond | 1BR,1BA | $1,130 |
| EPH 36, LLC (MacArthur Commons Apartments) | 2BR/2.0BA | 2BR,2BA | $1,600 |
| Chateaus at St Clair | 1BD 1BA Furnished | 1BR,1BA | $2,000 |
Best Value Apartments for Rent in Downtown Little Rock, AR
As of November 29, 2025 the best value apartment in the Downtown Little Rock area is the $2.25 price per square foot 221 W 2nd St Model at 221 W 2nd St, Unit P2 - FURNISHED ONLY in the in the River Market neighborhood starting from $6,560. The second greatest value Downtown Little Rock apartment is the 2BR/2.0BA Model at EPH 36, LLC (MacArthur Commons Apartments) starting at $1,600 with a $1.44 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. |
|---|---|---|---|
| 221 W 2nd St, Unit P2 - FURNISHED ONLY | 221 W 2nd St | 3BR,3BA | $2.25 |
| EPH 36, LLC (MacArthur Commons Apartments) | 2BR/2.0BA | 2BR,2BA | $1.44 |
| 920 Scott St, Unit D | 920 Scott St | 1BR,1BA | $1.20 |
| Rock Street Loft Apartments | #103 | 1BR,1BA | $1.17 |
| The Flats at Soma | The Blossom | 1BR,1BA | $1.30 |
| Metropolitan | Metro - Renovated | 1BR,1BA | $1.44 |
| Vue on Riverfront | Diamond | 1BR,1BA | $1.77 |
| Residences at Gracie Mansion | Townhouse | 1BR,1BA | $1.30 |
| Block 2 Lofts | W A1 | 1BR,1BA | $1.64 |
| Eastside Lofts Apartments Phase II | 1x1 - 498 | 1BR,1BA | $1.78 |
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!
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleQuick 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.
Pet Friendly LifestyleDowntown Little Rock, Little Rock, AR
Ranked #21
Among cities in Arkansas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet 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®
72 / 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
What is the price of a cheap apartment in Downtown Little Rock?
The cheapest apartment in Downtown Little Rock is Residences at Gracie Mansion which is listed at $820, while the average apartment in Downtown Little Rock costs $1,550.
What types of apartments are the cheapest in Downtown 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 7 regular apartments in Downtown 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 Downtown Little Rock?
Cheap apartments in Downtown Little Rock have an average cost of $103 which is $1,447 cheaper than the average rent for all rentals in Downtown 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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.










