
Cheap Apartments for Rent in the Downtown Little Rock Neighborhood of Little Rock, AR from $500 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Little Rock area of Little Rock.


2116 Cumberland St

101 S Victory St
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1210 S Schiller St

4101 W 2nd St

McGowan Flats

Chateaus at St Clair

River Market Flats

1500 Center St

Residences at Gracie Mansion
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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.

Eastside Lofts Apartments Phase II

619 Sherman St

223 Fountain Ave

1720 W 19th St

117 Daisy Bates
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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
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 | $761 | $525 | $850 |
Downtown Little Rock 1 Bedroom Apartments | $1,265 | $700 | $2,300 |
Downtown Little Rock 2 Bedroom Apartments | $1,469 | $900 | $2,250 |
Downtown Little Rock 3 Bedroom Apartments | $1,475 | $1,400 | $1,550 |
Browse Apartments in this Neighborhood
There are currently 28 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 Studio unit found at River Market Flats priced from $850. Eastside Lofts Apartments Phase II has the second lowest priced unit, which is a 1 Bed apartment currently listed from $886. Here are the most affordable Downtown Little Rock apartments for rent in Little Rock, AR:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
River Market Flats | RMF #27 | Studio,1BA | $850 |
Eastside Lofts Apartments Phase II | 1x1 - 498 | 1BR,1BA | $886 |
Residences at Gracie Mansion | 2B1B | 2BR,1BA | $936 |
Block 2 Lofts | W A1 | 1BR,1BA | $945 |
Thrive Argenta | A1 | 1BR,1BA | $1,049 |
EPH 36, LLC (MacArthur Commons Apartments) | 1BR/1.0BA | 1BR,1BA | $1,125 |
Rock Street Loft Apartments | #103 | 1BR,1BA | $1,135 |
Metropolitan | Java | 1BR,1BA | $1,138 |
Vue on Riverfront | Metro | 1BR,1BA | $1,300 |
Best Value Apartments for Rent in Downtown Little Rock, AR
As of June 23, 2025 the best value apartment in the Downtown Little Rock area is the $1.43 price per square foot The Stephens Model at The Flats at Soma in the in the Ward 1 neighborhood starting from $1,500. The second greatest value Downtown Little Rock apartment is the 2107 W 18th St Model at 2107 W 18th St, Unit 2107 starting at $1,195 with a $1.20 price per square foot in the State University 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 Stephens | 1BR,1BA | $1.43 |
2107 W 18th St, Unit 2107 | 2107 W 18th St | 2BR,1BA | $1.20 |
Rock Street Loft Apartments | #103 | 1BR,1BA | $1.20 |
Metropolitan | Java - Renovated | 1BR,1BA | $1.51 |
EPH 36, LLC (MacArthur Commons Apartments) | 1BR/1.0BA | 1BR,1BA | $1.45 |
Thrive Argenta | A2 | 1BR,1BA | $1.60 |
Residences at Gracie Mansion | 2B1B | 2BR,1BA | $1.30 |
Vue on Riverfront | Capitol | 1BR,1BA | $1.94 |
Block 2 Lofts | W A1 | 1BR,1BA | $1.76 |
Eastside Lofts Apartments Phase II | 1x1 - 498 | 1BR,1BA | $1.78 |
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.
Pet Friendly LifestyleDowntown Little Rock, Little Rock, AR
Ranked #14
Among neighborhoods in Little Rock, AR for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet 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®
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
What is the Cheapest Studio apartment in Downtown Little Rock?
Currently the most affordable Cheap Studio Apartment in Downtown Little Rock is at River Market Flats listed at $850.
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 $886 at Eastside Lofts Apartments Phase II.
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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.