922 W 21st St
Little RockAR72206
Cheap Homes for Rent in Downtown Neighborhood of Little Rock, AR from $700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of Little Rock.
1855 S Cross St
Little RockAR72206
1318 W 13th St
Little RockAR72202
1107 S Ringo St
Little RockAR72202
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.
1215 W 22nd St
Little RockAR72206
1917 Bragg St
Little RockAR72206
1518 S Cross St
Little RockAR72202
2409 S Louisiana St
Little RockAR72206
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.
308 E 7th St
Little RockAR72202
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Downtown, Little Rock, AR Local Guide
How much does it cost to rent a home in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown 2 Bedroom Homes for Rent | $1,348 | $950 | $1,995 |
| Downtown 3 Bedroom Homes for Rent | $1,496 | $800 | $2,495 |
| Downtown 4 Bedroom Homes for Rent | $5,000 | $5,000 | $5,000 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Little Rock, AR.
Explore Little Rock
Downtown, Little Rock, AR Local Guide
- Nearby Little Rock neighborhoods
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Cheapest Available Downtown Apartments for Rent
The cheapest available apartment rental in the Downtown area of Little Rock, AR is a Studio unit found at Residences at Riverdale priced from $782. McGowan Flats has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable Downtown apartments for rent in Little Rock, AR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Residences at Riverdale | Tabor | Studio,1BA | $782 |
| McGowan Flats | Studio - Furnished | Studio,1BA | $795 |
| Residences at Gracie Mansion | One Bedroom | 1BR,1BA | $800 |
Best Value Apartments for Rent in Downtown, AR
As of May 30, 2025 the best value apartment in the Downtown area is the $1.43 price per square foot The Stephens Model at The Flats at Soma in the in the State University neighborhood starting from $1,500. The second greatest value Downtown apartment is the Villa Marre Model at Residences at Riverdale starting at $1,457 with a $1.40 price per square foot in the State University neighborhood. Here is today’s list of the best values for Downtown 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 |
| Residences at Riverdale | Villa Marre | 2BR,2BA | $1.40 |
| EPH 36, LLC (MacArthur Commons Apartments) | 1BR/1.0BA | 1BR,1BA | $1.35 |
| Metropolitan | Java | 1BR,1BA | $1.41 |
| Thrive Argenta | A2 | 1BR,1BA | $1.60 |
| Rock Street Loft Apartments | #215 | 2BR,1BA | $1.34 |
| Residences at Gracie Mansion | 2B1B | 2BR,1BA | $1.30 |
| Prosper Riverdale | A2P | 1BR,1BA | $1.32 |
| River Market Lofts | River Market Lofts | 1BR,1BA | $1.51 |
| Block 2 Lofts | B A3 | 1BR,1BA | $1.55 |
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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Frequently Asked Questions about Downtown
What type of rentals are currently available in Downtown?
There are currently 112 Apartments for Rent in Downtown, AR with pricing that ranges from $700 to $3,765. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $700 to $5,000.
What is the current price range for Rental Homes in Downtown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown ranges from $700 to $5,000 with an average monthly rent of $2,301.
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.
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.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.