Cheap Homes for Rent in Downtown Little Rock Neighborhood of Little Rock, AR from $700 (22 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Little Rock area of Little Rock.

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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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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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 1 Bed unit found at Residences at Gracie Mansion priced from $820. 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
Residences at Gracie MansionTownhouse1BR,1BA$820
Eastside Lofts Apartments Phase II1x1 - 4981BR,1BA$886
The Flats at SomaThe Daly1BR,1BA$950
Block 2 LoftsB A11BR,1BA$960
Thrive ArgentaA11BR,1BA$1,049

Best Value Apartments for Rent in Downtown Little Rock, AR

As of July 02, 2025 the best value apartment in the Downtown Little Rock area is the $1.19 price per square foot 1410 S Gaines St Model at 1410 S Gaines St, Unit C in the in the State University neighborhood starting from $1,395. The second greatest value Downtown Little Rock apartment is the #103 Model at Rock Street Loft Apartments starting at $1,135 with a $1.20 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.
1410 S Gaines St, Unit C1410 S Gaines St2BR,1BA$1.19
Rock Street Loft Apartments#1031BR,1BA$1.20
1512 South Louisiana Street, Unit Apt 21512 South Louisiana Street1BR,1BA$1.18
MetropolitanJava - Renovated1BR,1BA$1.51
Thrive ArgentaA21BR,1BA$1.60
River Market FlatsRMF #262BR,1BA$1.68
Residences at Gracie MansionTownhouse1BR,1BA$1.30
Block 2 LoftsW A21BR,1BA$1.65
Eastside Lofts Apartments Phase II1x1 - 4981BR,1BA$1.78
The Flats at SomaThe Daly1BR,1BA$1.93

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Frequently Asked Questions about Downtown Little Rock

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

There are currently 120 Apartments for Rent in Downtown Little Rock, AR with pricing that ranges from $525 to $2,300. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Little Rock ranging from $700 to $2,395.

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 $700 to $2,395 with an average monthly rent of $1,429.

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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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.

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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.

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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.