Cheap Apartments for Rent in the Outer Southwest University Neighborhood of Little Rock, AR from $500 (71 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Outer Southwest University 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.

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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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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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The Aubrey
1 to 2 Bedroom Apartments

The Aubrey

3510 S Bryant StLittle Rock, AR 72204
  • Utilities Included
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Pine Garden
Studio to 2 Bedroom Apartments

Pine Garden

6414 Baseline RdLittle Rock, AR 72209
  • Utilities Included
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Flats on Foster
1 to 2 Bedroom Apartments

Flats on Foster

3612 Foster StLittle Rock, AR 72204

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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Outer Southwest University, Little Rock, AR Local Guide

Cheapest Available Outer Southwest University Apartments for Rent

 

The cheapest available apartment rental in the Outer Southwest University area of Little Rock, AR is a 2 Beds unit found at Lennox priced from $588. Towne Oaks Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $645. Here are the most affordable Outer Southwest University apartments for rent in Little Rock, AR:

Apartment ListingModel NameBed/BathPriced From
LennoxElm2BR,1BA$588
Towne Oaks ApartmentsA11BR,1BA$645
The Waterford ApartmentsS1 - WaterfordStudio,1BA$650
The Cottages Apartments1 BED 1 BATH1BR,1BA$669
Westbridge ApartmentsA11BR,1BA$675
Bowman Heights ApartmentsA1 - Pine1BR,1BA$675
Residences at the OverlookOne Bed- A11BR,1BA$680
Northwest Hills Apartments1 Bedroom - Original1BR,1BA$740
SturbridgeThe Willow1BR,1BA$745
Breckenridge ApartmentsOld State House2BR,1BA$775

Best Value Apartments for Rent in Outer Southwest University, AR

As of April 13, 2026 the best value apartment in the Outer Southwest University area is the $0.96 price per square foot Meadowbrook Model at Capitol Hill in the in the Ward 5 neighborhood starting from $914. The second greatest value Outer Southwest University apartment is the Old State House Model at Breckenridge Apartments starting at $775 with a $0.85 price per square foot in the Ward 4 neighborhood. Here is today’s list of the best values for Outer Southwest University apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Capitol HillMeadowbrook2BR,2BA$0.96
Breckenridge ApartmentsOld State House2BR,1.5BA$0.85
Markham OaksRed Oak-patio TH 2 bed, 1 and a half ba2BR,1.5BA$1.22
Towne Oaks ApartmentsA31BR,1BA$0.89
Westbridge ApartmentsA11BR,1BA$0.87
The Cottages Apartments1 BED 1 BATH1BR,1BA$0.93
MuseClay1BR,1BA$1.15
LennoxPine1BR,1BA$1.21
SturbridgeThe Willow1BR,1BA$1.16
Bowman Heights ApartmentsA1 - Pine1BR,1BA$1.17

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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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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Pet Friendly Lifestyle
Outer Southwest University, Little Rock, AR

Ranked #5

Among cities in Arkansas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities and towns, and rental properties across Arkansas including Outer Southwest University, Little Rock, and the greater Little Rock area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, kid and pet-friendly communities, availability of transit options, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Outer Southwest University Apartments

What is the Cheapest Studio apartment in Outer Southwest University?

Currently the most affordable Cheap Studio Apartment in Outer Southwest University is at The Waterford Apartments listed at $650.

How much is rent for a Cheap One Bedroom Outer Southwest University Apartment?

The lowest price for a Cheap One Bedroom Outer Southwest University Apartment is $669 at The Cottages Apartments.

What is the lowest price for a Cheap Two Bedroom Outer Southwest University Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Outer Southwest University is starting from $775 at Breckenridge Apartments.

What is the most affordable Outer Southwest University Three Bedroom Apartment?

The best deal on a cheap Outer Southwest University Three Bedroom Apartment rental is at Westbridge Apartments and starts from $925.

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.

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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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.