Cheap Homes for Rent in Little Rock, AR from $500 (228 Rentals)

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

property at 1420 Marlyn Dr

$635

Total Monthly Price

Total Monthly Price

Base Rent
$635
Total Monthly Price
$635

4 Bedroom, 2 Bath Home for Rent

Available Now

1420 Marlyn Dr

Little RockAR72205

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.

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property at 4315 East Dr

$650

Total Monthly Price

Total Monthly Price

Base Rent
$650
Total Monthly Price
$650

1 Bedroom, 1 Bath Home for Rent

Available Now

4315 East Dr

North Little RockAR72118

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 309 W J Ave

$775

2 Bedroom Rentals

Available Now

309 W J Ave

North Little RockAR72116

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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property at 21 Harrow Dr

$850

3 Bedroom, 1 Bath Home for Rent

Available Now

21 Harrow Dr

Little RockAR72209

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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Showing Results 1-50, Page 1 of 5

Little Rock, AR Local Guide

Cheapest Neighborhoods for Apartments in Little Rock, AR

Pricing Updated: 04/25/2026

Current apartment rentals in the Little Rock, AR area range in price from $423 to $6,560 with an overall median price of $1,462. The three Little Rock neighborhoods with the lowest median rent pricing are Little Rock Air Force Base at $550, Upper Baseline at $535, and Outer Central East at $535. 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$835$55038
Upper Baseline$965$53539
Outer Central East$1,000$53567
Wakefield$1,050$53565
Cammack Village$1,160$52087
Jacksonville Sherwood$1,175$423241
Walnut Valley$1,184$575247
Cloverdale Watson$1,200$53559
South Geyer Spring$1,200$70018
Reservoir$1,249$520210

Cheapest Available Little Rock Apartments for Rent

 

The cheapest available apartment rental in Little Rock, AR is a 1 Bed unit found at The Bluffs on McCain in the Jacksonville Sherwood neighborhood priced from $423. Windgate Apartments in the River Market neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $479. Here is today’s list of the most affordable Little Rock apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Bluffs on McCain1 Bedroom (Phase II)1BR,1BA$423
Windgate Apartments1A1BR,1BA$479
Augusta Place ApartmentsStudio AStudio,1BA$485
Park Heights Apartments1 Bedroom1BR,1BA$520
Terra Vista Apartments1 Bedroom Small1BR,1BA$535
The Summit at Geyer Springs1 bedroom1BR,1BA$599
The Summit at Valley Heights1 Bed, 1 Bath1BR,1BA$605
Oakwood Place ApartmentsOriginal Floor Plan1BR,1BA$640
Rosewood Apartments2.1 Renovated2BR,1BA$650

Best Value Apartments for Rent in Little Rock, AR

As of April 25, 2026 the best value apartment in the Little Rock area is the $0.83 price per square foot The Riverbend Model at Sturbridge in the in the Ward 4 neighborhood starting from $915. The second greatest value Little Rock apartment is the 1904 E 2nd St Model at 1904 E 2nd St, Unit 1 starting at $700 with a $0.64 price per square foot in the East Little Rock 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.
SturbridgeThe Riverbend2BR,1.5BA$0.83
1904 E 2nd St, Unit 11904 E 2nd St3BR,1BA$0.64
The Arbours Apartment HomesThe Rose Floorplan2BR,2BA$0.93
Rosewood Apartments3.13BR,1BA$0.82
Georgetown Apartments2 Bedroom 1.5 Bathroom Townhouse2BR,1.5BA$0.90
Breckenridge ApartmentsOld State House2BR,1.5BA$0.85
1922 W Short 17th St, Unit 21922 W Short 17th St2BR,1BA$0.76
Towne Oaks ApartmentsA31BR,1BA$0.89
Westbridge ApartmentsA11BR,1BA$0.87
The Cottages Apartments1 BED 1 BATH1BR,1BA$0.93

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.

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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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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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Frequently Asked Questions about Little Rock

What type of rentals are currently available in Little Rock?

There are currently 639 Apartments for Rent in Little Rock, AR with pricing that ranges from $423 to $6,560. There are also 450 Single Family Homes for rent, Condos, and Townhome rentals currently available in Little Rock ranging from $575 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 $575 to $5,500 with an average monthly rent of $1,951.

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 $700 to $6,560, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $3,650. Four Bedroom Single-Family rentals are also available starting from $635 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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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.

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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.