Cheap Homes for Rent in Downtown Little Rock Neighborhood of Little Rock, AR from $500 (18 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Little Rock area of 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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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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Showing Results 1-18, Page 1 of 1

Downtown Little Rock, Little Rock, AR Local Guide

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 McGowan Flats Apartments priced from $810. 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 ListingModel NameBed/BathPriced From
McGowan Flats ApartmentsStudio - FurnishedStudio,1BA$810
Eastside Lofts Apartments Phase II1x1 - 4981BR,1BA$886
MetropolitanMetro1BR,1BA$975
Block 2 LoftsB A21BR,1BA$990
Thrive ArgentaA11BR,1BA$1,049

Best Value Apartments for Rent in Downtown Little Rock, AR

As of March 12, 2026 the best value apartment in the Downtown Little Rock area is the $1.34 price per square foot 2BR/2.0BA Model at EPH 36, LLC (MacArthur Commons Apartments) in the in the River Market neighborhood starting from $1,495. The second greatest value Downtown Little Rock apartment is the 1004 Scott St Model at 1004 Scott St, Unit 6 starting at $1,095 with a $1.25 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 ListingModel NameBed/BathPrice Per Sq.Ft.
EPH 36, LLC (MacArthur Commons Apartments)2BR/2.0BA2BR,2BA$1.34
1004 Scott St, Unit 61004 Scott St1BR,1BA$1.25
The Flats at SomaThe Blossom1BR,1BA$1.30
Thrive ArgentaA21BR,1BA$1.53
MetropolitanMetro1BR,1BA$1.40
Vue on RiverfrontCapitol1BR,1BA$1.83
Block 2 LoftsB A21BR,1BA$1.59
221 W 2nd St221 W 2nd StStudio ,1BA$2.39
Eastside Lofts Apartments Phase II1x1 - 4981BR,1BA$1.78
McGowan Flats ApartmentsStudio - FurnishedStudio ,1BA$2.03

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!

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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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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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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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Best Local Schools in
Downtown Little Rock, Little Rock, AR

School data provided by Great Schools

Frequently Asked Questions about Downtown Little Rock

What type of rentals are currently available in Downtown Little Rock?

There are currently 111 Apartments for Rent in Downtown Little Rock, AR with pricing that ranges from $675 to $6,560. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Little Rock ranging from $575 to $3,750.

What is the current price range for Rental Homes in Downtown Little Rock?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Little Rock ranges from $575 to $3,750 with an average monthly rent of $1,527.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.