Cheap Apartments for Rent in the Reservoir Neighborhood of Little Rock, AR from $500 (68 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Reservoir area of Little Rock.

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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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 7800 Choctaw Rd
$1,200
2 Bedroom Rentals
Available Now
Affordability

7800 Choctaw Rd

Little RockAR72205
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Ridgecrest Apartments
Studio to 2 Bedroom Apartments

Ridgecrest Apartments

1900-2000 Reservoir RdLittle Rock, AR 72227
  • Utilities Included
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Z-Meredith Ct
1 to 2 Bedroom Apartments

Z-Meredith Ct

1-8 Meredith CtLittle Rock, AR 72227
  • Utilities Included

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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Dream Little Rock II
1 to 3 Bedroom Apartments

Dream Little Rock II

1502 Green Mountain DrLittle Rock, AR 72211
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Park Heights Townhomes
2 Bedroom Apartments

Park Heights Townhomes

1700 N Bryant StLittle Rock, AR 72207
  • Utilities Included
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Orleans Square
1 Bedroom Apartments

Orleans Square

1801 Georgia AveLittle Rock, AR 72207
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Pleasant Ridge
1 to 3 Bedroom Apartments

Pleasant Ridge

11700 Pleasant Ridge RdLittle Rock, AR 72223
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Indian Villas
1 to 2 Bedroom Apartments

Indian Villas

7700 Indian TrlLittle Rock, AR 72227

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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Showing Results 1-50, Page 1 of 2

Reservoir, Little Rock, AR Local Guide

Cheapest Available Reservoir Apartments for Rent

 

The cheapest available apartment rental in the Reservoir area of Little Rock, AR is a 1 Bed unit found at Park Heights Apartments priced from $520. Dream Little Rock has the second lowest priced unit, which is a 1 Bed apartment currently listed from $649. Here are the most affordable Reservoir apartments for rent in Little Rock, AR:

Apartment ListingModel NameBed/BathPriced From
Park Heights Apartments1 Bedroom1BR,1BA$520
Dream Little RockA1P1BR,1BA$649
Bowman Heights ApartmentsA1 - Pine1BR,1BA$675
Residences at OverlookThe Mesa1BR,1BA$680
Woodland Peak Residences1 Beds, 1 Baths1BR,1BA$695
The Berkley1 Bed 1 Bath B1BR,1BA$699
De Soto Park Apartments1/1.001BR,1BA$700
Towne Oaks ApartmentsA31BR,1BA$715
The Waterford ApartmentsS1 - Waterford - RenovatedStudio,1BA$725
The View at Breckenridge ApartmentsA1 Atlas1BR,1BA$730

Best Value Apartments for Rent in Reservoir, AR

As of September 03, 2026 the best value apartment in the Reservoir area is the $0.95 price per square foot Model 1 Model at Windsor Gardens Condos in the in the Ward 3 neighborhood starting from $1,250. The second greatest value Reservoir apartment is the 2x1.5 Upstairs Model at Midtown @ 7575 starting at $1,050 with a $0.90 price per square foot in the Ward 3 neighborhood. Here is today’s list of the best values for Reservoir apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Windsor Gardens CondosModel 13BR,2BA$0.95
Midtown @ 75752x1.5 Upstairs2BR,1.5BA$0.90
SturbridgeThe Riverbend2BR,1.5BA$0.81
7711 S St2BR/1.5BA2BR,1.5BA$0.73
Chenal PlaceThe Bonelli2BR,2BA$0.87
Normandy Place Apartments2.22BR,2BA$0.83
Breckenridge ApartmentsOld State House2BR,1.5BA$0.89
Park Heights Apartments2 BR, Townhome-W/D in Unit2BR,1.5BA$0.95
Towne Oaks ApartmentsA31BR,1BA$0.89
De Soto Park Apartments1/1.001BR,1BA$0.95

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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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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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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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, metropolitan areas, and rental properties across Arkansas and customized analysis for North Little Rock, AR. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and easy access to the parks, pet-friendly features, features that make it easier to raise kids, proximity to transit, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Reservoir Apartments

What is the Cheapest Studio apartment in Reservoir?

Currently the most affordable Cheap Studio Apartment in Reservoir is at The Waterford Apartments listed at $680.

How much is rent for a Cheap One Bedroom Reservoir Apartment?

The lowest price for a Cheap One Bedroom Reservoir Apartment is $520 at Park Heights Apartments.

What is the lowest price for a Cheap Two Bedroom Reservoir Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Reservoir is starting from $635 at Park Heights Apartments.

What is the most affordable Reservoir Three Bedroom Apartment?

The best deal on a cheap Reservoir Three Bedroom Apartment rental is at Towne Oaks Apartments and starts from $1,015.

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.

decorative image for A Guide to Working and Living in Little Rock: Major Companies and Charming Neighborhoods article

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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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.