Cheap Homes for Rent in Little Rock, AR from $495 (206 Rentals)

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Catfish, Crystals, and Culture: A Local Insider's Guide to Little Rock

Little Rock has big-city amenities, small-town charm, and some of the best catfish you'll ever eat. Let our local insider show you everything this underrated Arkansas city has to offer.

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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 2112 Scotty Ct
$795
2 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

2112 Scotty Ct

Little RockAR72204

A Guide to Working and Living in Little Rock: Major Companies and Charming Neighborhoods

Little Rock, Arkansas: Your essential guide to finding the perfect home, from charming historic areas to dense suburbs, all conveniently located near the city’s top employers.

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property at 9408 Lew Cir
$825
3 Bedroom Rentals
Available Now
Affordability

9408 Lew Cir

Little RockAR72209

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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property at 117 W 15th St
$850
1 Bedroom Rentals
Available Now
Affordability

117 W 15th St

Little RockAR72202

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Little Rock, AR Local Guide

Cheapest Neighborhoods for Apartments in Little Rock, AR

Pricing Updated: 09/07/2026

Current apartment rentals in the Little Rock, AR area range in price from $495 to $4,000 with an overall median price of $1,385. The three Little Rock neighborhoods with the lowest median rent pricing are Upper Baseline at $962, Wakefield at $1,062, and Cloverdale Watson at $1,085. 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
Upper Baseline$962$82513
Wakefield$1,062$82520
Cloverdale Watson$1,085$82529
65th Street West$1,097$92515
Mabelvale$1,097$80033
Outer Central East$1,098$70060
Ward 7$1,100$80033
Capital View$1,150$80025
Capital View - Stiff$1,150$80025
Ward 2$1,150$600103

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 $520. The Bluffs on McCain in the North Little Rock neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $525. Here is today’s list of the most affordable Little Rock apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Park Heights Apartments1 Bedroom1BR,1BA$520
The Bluffs on McCain1 Bedroom (Phase I)1BR,1BA$525
Terra Vista Apartments1 Bedroom Small1BR,1BA$535
710 M Street2BR/1.0BA2BR,1BA$575
Augusta Place Apartments1x1 B1BR,1BA$590
5924 Southwick Dr1 Beds, 1 Baths1BR,1BA$600
123 N Polk St0 Beds, 1 BathsStudio,1BA$625
Baker School Apartments1 Beds, 1 Baths1BR,1BA$625
Oakwood Place ApartmentsOriginal Floor Plan1BR,1BA$640
Dream Little RockA1P1BR,1BA$649

Best Value Apartments for Rent in Little Rock, AR

As of September 07, 2026 the best value apartment in the Little Rock area is the $0.81 price per square foot The Riverbend Model at Sturbridge in the in the Ward 4 neighborhood starting from $892. The second greatest value Little Rock apartment is the All Units Model at 5555 Springvale Apartments starting at $950 with a $0.86 price per square foot in the North 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$0.81
5555 Springvale ApartmentsAll Units2BR,2BA$0.86
7711 S St2BR/1.5BA2BR,1.5BA$0.73
2508 W 58th St2 Beds, 1 Baths2BR,1BA$0.69
Rosewood Apartments3.13BR,1BA$0.82
Chenal PlaceThe Bonelli2BR,2BA$0.86
Normandy Place Apartments2.2 Rehab2BR,2BA$0.83
Towne Oaks ApartmentsC12BR,2BA$0.84
The Bluffs on McCain1 Bedroom (Phase II)1BR,1BA$0.84
710 M Street2BR/1.0BA2BR,1BA$0.82

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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!

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Frequently Asked Questions about Little Rock

What type of rentals are currently available in Little Rock?

There are currently 651 Apartments for Rent in Little Rock, AR with pricing that ranges from $500 to $6,560. There are also 496 Single Family Homes for rent, Condos, and Townhome rentals currently available in Little Rock ranging from $495 to $4,000.

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 $495 to $4,000 with an average monthly rent of $1,472.

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 $695 to $6,560, while Three Bedroom Homes, Condos, and Townhomes for rent range from $650 to $3,100. Four Bedroom Single-Family rentals are also available starting from $900 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.

Helpful Local Expert Guides

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Catfish, Crystals, and Culture: A Local Insider's Guide to Little Rock

Written by: Melissa Maxwell

I'm Melissa, your ApartmentHomeLiving.com Local Expert for Little Rock, Arkansas. My grandmother was from Little Rock. She went to North Little Rock High School. Yes, that North Little Rock High School.

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A Guide to Working and Living in Little Rock: Major Companies and Charming Neighborhoods

Written by: Melissa Maxwell

I'm Melissa, your ApartmentHomeLiving.com Local Expert for Little Rock, Arkansas. Arkansas has a reputation as being a rather rural state. That isn't far from true.

decorative image for Exploring Little Rock: A Students Guide on Where to Live Near Little Rock's Best Colleges article

Exploring Little Rock: A Students Guide on Where to Live Near Little Rock's Best Colleges

Written by: Melissa Maxwell

Alright! You got into college! The next four years are going to be super thrilling. Little Rock is a city with quite a checkered past.

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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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.