Cheap Homes for Rent in Reservoir Neighborhood of Little Rock, AR from $700 (16 Rentals)

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

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.

property at 8 Towne Park Ct

$975 - $1,075

2 Bedroom Rentals

Available Now

8 Towne Park Ct

Little RockAR72227
property at 301 Kings Row Dr

$995 - $1,100

1 To 2 Bedroom Rentals

Available Now

301 Kings Row Dr

Little RockAR72207

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 1601 N Bryant St

$1,150 - $1,350

2 To 3 Bedroom Rentals

Available Now

1601 N Bryant St

Little RockAR72207

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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.

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 $505. Residences at the Overlook has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here are the most affordable Reservoir apartments for rent in Little Rock, AR:

Apartment ListingModel NameBed/BathPriced From
Park Heights Apartments1 Bedroom1BR,1BA$505
Residences at the OverlookA11BR,1BA$600
Chenal PlaceThe Ashland1BR,1BA$645
The Waterford ApartmentsS1 - Waterford - RenovatedStudio,1BA$650
Towne Oaks ApartmentsA21BR,1BA$675

Best Value Apartments for Rent in Reservoir, AR

As of January 01, 2026 the best value apartment in the Reservoir area is the $0.90 price per square foot 2 Bedroom 1.5 Bathroom Townhouse Model at Georgetown Apartments in the in the Ward 3 neighborhood starting from $899. The second greatest value Reservoir apartment is the 2.2 Rehab Model at Normandy Place Apartments starting at $915 with a $0.93 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.
Georgetown Apartments2 Bedroom 1.5 Bathroom Townhouse2BR,1.5BA$0.90
Normandy Place Apartments2.2 Rehab2BR,2BA$0.93
LennoxOak2BR,2BA$1.07
Breckenridge ApartmentsOld State House2BR,1.5BA$0.85
The View at Breckenridge ApartmentsC1 Southern Renovated2BR,2BA$1.08
SturbridgeThe Quarry1BR,1BA$0.95
Park Heights Apartments2 BR, Townhome-W/D in Unit2BR,1.5BA$0.89
Chenal PlaceThe Ashland1BR,1BA$0.87
Towne Oaks ApartmentsA21BR,1BA$1.04
Residences at the OverlookA11BR,1BA$1.09

Frequently Asked Questions about Reservoir

What type of rentals are currently available in Reservoir?

There are currently 93 Apartments for Rent in Reservoir, AR with pricing that ranges from $505 to $1,845. There are also 66 Single Family Homes for rent, Condos, and Townhome rentals currently available in Reservoir ranging from $750 to $4,500.

What is the current price range for Rental Homes in Reservoir?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Reservoir ranges from $750 to $4,500 with an average monthly rent of $2,238.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.