Cheap Homes for Rent in Downtown Little Rock Neighborhood of Little Rock, AR from $500 (27 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article
Showing Results 1-27, 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 1 Bed unit found at Windgate Apartments priced from $479. McGowan Flats Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable Downtown Little Rock apartments for rent in Little Rock, AR:

Apartment ListingModel NameBed/BathPriced From
Windgate Apartments1A1BR,1BA$479
McGowan Flats ApartmentsStudio - FurnishedStudio,1BA$795
Eastside Lofts Apartments Phase II1x1 - 4981BR,1BA$886
Block 2 LoftsB A11BR,1BA$899
Thrive ArgentaA11BR,1BA$999
The Flats at SomaThe Blossom1BR,1BA$1,100
MetropolitanVogue2BR,2BA$1,327
Vue on RiverfrontMain1BR,1BA$1,389

Best Value Apartments for Rent in Downtown Little Rock, AR

As of April 27, 2026 the best value apartment in the Downtown Little Rock area is the $1.01 price per square foot 1004 Scott St Model at 1004 Scott St, Unit 1 in the in the River Market neighborhood starting from $1,395. The second greatest value Downtown Little Rock apartment is the 3AHC Model at Windgate Apartments starting at $1,384 with a $1.05 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.
1004 Scott St, Unit 11004 Scott St2BR,1BA$1.01
Windgate Apartments3AHC3BR,2BA$1.05
The Flats at SomaThe Blossom1BR,1BA$1.30
MetropolitanJava1BR,1BA$1.27
Vue on RiverfrontMain1BR,1BA$1.84
Thrive ArgentaA21BR,1BA$1.46
221 W 2nd St221 W 2nd StStudio ,1BA$2.39
Block 2 LoftsW A21BR,1BA$1.61
Eastside Lofts Apartments Phase II1x1 - 4981BR,1BA$1.78
McGowan Flats ApartmentsStudio - FurnishedStudio ,1BA$1.99

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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 Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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 113 Apartments for Rent in Downtown Little Rock, AR with pricing that ranges from $574 to $6,560. There are also 75 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Little Rock ranging from $575 to $5,000.

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 $5,000 with an average monthly rent of $1,665.

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

decorative image for Exploring the Best Affordable Neighborhoods in Little Rock: Finding Your Perfect Place article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.