Cheap Apartments for Rent in the Reservoir Neighborhood of Little Rock, AR from $500 (72 Rentals)

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

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Ridgecrest Apartments
Studio to 2 Bedroom Apartments

Ridgecrest Apartments

1900-2000 Reservoir RdLittle Rock, AR 72227
  • Utilities Included

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

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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. Towne Oaks Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $645. Here are the most affordable Reservoir apartments for rent in Little Rock, AR:

Apartment ListingModel NameBed/BathPriced From
Park Heights Apartments1 Bedroom1BR,1BA$520
Towne Oaks ApartmentsA11BR,1BA$645
Residences at OverlookThe Mesa1BR,1BA$650
Bowman Heights ApartmentsA1 - Pine1BR,1BA$675
The Waterford ApartmentsS1 - WaterfordStudio,1BA$680
Dream Little RockA1P1BR,1BA$689
Orleans SquareOne Bed1BR,1BA$695
Beacon Hill ApartmentsSerenity1BR,1BA$699
De Soto Park Apartments1/1.001BR,1BA$700
Chenal PlaceThe Ashland1BR,1BA$715

Best Value Apartments for Rent in Reservoir, AR

As of July 14, 2026 the best value apartment in the Reservoir 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 Reservoir apartment is the 2 Bedroom Model at The Grove at Pleasant Valley Apartment Homes starting at $1,116 with a $1.10 price per square foot in the Ward 5 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.
SturbridgeThe Riverbend2BR,1.5BA$0.83
The Grove at Pleasant Valley Apartment Homes2 Bedroom2BR,2BA$1.10
Normandy Place Apartments2.2 Rehab2BR,2BA$0.88
Foxglen Apartments2 x 22BR,2BA$1.04
Breckenridge ApartmentsOld State House2BR,1.5BA$0.89
Park Heights Apartments2 BR, Townhome-W/D in Unit2BR,1.5BA$0.95
Chenal PlaceThe Ashland1BR,1BA$0.97
De Soto Park Apartments1/1.001BR,1BA$0.95
Midtown @ 75751x11BR,1BA$1.12
Legacy PointeThe Dogwood 1.1 S Classic1BR,1BA$1.12

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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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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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 Chenal Place and starts from $1,005.

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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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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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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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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