Cheap Homes for Rent in Little Rock, AR from $500 (285 Rentals)

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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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property at 617 UAMS Blvd

$675

1 Bedroom Rentals

Available Now

617 UAMS Blvd

Little RockAR72205

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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property at 1814 Moss St

$795

2 Bedroom Rentals

Available Now

1814 Moss St

North Little RockAR72114

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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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

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Little Rock, AR Local Guide

Cheapest Neighborhoods for Apartments in Little Rock, AR

Pricing Updated: 12/28/2025

Current apartment rentals in the Little Rock, AR area range in price from $500 to $6,560 with an overall median price of $1,721. The three Little Rock neighborhoods with the lowest median rent pricing are Little Rock Air Force Base at $550, Upper Baseline at $550, and Outer Central East at $550. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Little Rock Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Little Rock Air Force Base$850$55017
Upper Baseline$900$55070
Outer Central East$1,000$550122
South Geyer Spring$1,100$69016
Wakefield$1,112$550122
College Station$1,168$79519
Jacksonville Sherwood$1,199$550247
River Mountain$1,251$600310
Cammack Village$1,295$505120
Reservoir$1,295$505282

Cheapest Available Little Rock Apartments for Rent

 

The cheapest available apartment rental in Little Rock, AR is a 1 Bed unit found at Park Heights Apartments in the Ward 3 neighborhood priced from $505. Terra Vista Apartments in the Ward 2 neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $585. Here is today’s list of the most affordable Little Rock apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Park Heights Apartments1 Bedroom1BR,1BA$505
Terra Vista Apartments1 Bedroom Small1BR,1BA$585
The Summit at Geyer Springs1 bedroom1BR,1BA$599
The Dels North Little RockStudioStudio,1BA$600
The Summit at Valley Heights1 Bed, 1 Bath1BR,1BA$605
Sherwood Park (new)1X11BR,1BA$625
Residences at the OverlookA21BR,1BA$629
Chenal PlaceThe Ashland1BR,1BA$640
Parkway Crossing Apartments1.11BR,1BA$650
Luxe 30A11BR,1BA$650

Best Value Apartments for Rent in Little Rock, AR

As of December 28, 2025 the best value apartment in the Little Rock area is the $0.82 price per square foot 2 bedroom 2 bath Model at Vantage Point in the in the Ward 3 neighborhood starting from $899. The second greatest value Little Rock apartment is the The Rose Floorplan Model at The Arbours Apartment Homes starting at $975 with a $0.92 price per square foot in the Outlying West neighborhood. Here is today’s list of the best values for Little Rock apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Vantage Point2 bedroom 2 bath2BR,2BA$0.82
The Arbours Apartment HomesThe Rose Floorplan2BR,2BA$0.92
Rosewood Apartments3.13BR,1BA$0.82
Georgetown Apartments2 Bedroom 1.5 Bathroom Townhouse2BR,1.5BA$0.90
The Berkley2 Bed 2 Bath A2BR,2BA$0.91
Breckenridge ApartmentsOld State House2BR,1.5BA$0.85
Park Heights Apartments2 BR, Townhome-W/D in Unit2BR,1.5BA$0.89
Westbridge ApartmentsA11BR,1BA$0.87
Chenal PlaceThe Ashland1BR,1BA$0.86
Parkway Crossing Apartments1.11BR,1BA$0.90

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Little Rock, AR Rentals by Map

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See the most popular apartments and homes in Little Rock, AR

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Frequently Asked Questions about Little Rock

What type of rentals are currently available in Little Rock?

There are currently 647 Apartments for Rent in Little Rock, AR with pricing that ranges from $500 to $6,560. There are also 579 Single Family Homes for rent, Condos, and Townhome rentals currently available in Little Rock ranging from $550 to $5,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Little Rock ranges from $550 to $5,500 with an average monthly rent of $1,552.

How much are larger Three and Four Bedroom Rentals in Little Rock?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Little Rock range from $830 to $6,560, while Three Bedroom Homes, Condos, and Townhomes for rent range from $825 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,095 and Four Bedroom Apartments start at $1,295.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.