Cheap Apartments for Rent in the River Market Neighborhood of Little Rock, AR from $500 (21 Rentals)

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

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.

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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Tuf Nut Lofts
2 Bedroom Apartments

Tuf Nut Lofts

423 E 3rd StLittle Rock, AR 72201
  • Utilities Included
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608-612 E 7th St
1 Bedroom Apartments

608-612 E 7th St

608-612 E 7th StLittle Rock, AR 72202
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The Clayton on Scott
1 Bedroom Apartments

The Clayton on Scott

915 Scott StLittle Rock, AR 72202
  • Utilities Included

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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Shorter College Gardens
1 to 3 Bedroom Apartments

Shorter College Gardens

800 N Beech StNorth Little Rock, AR 72114
  • Utilities Included

River Market, Little Rock, AR Local Guide

Cheapest Available River Market Apartments for Rent

 

The cheapest available apartment rental in the River Market area of Little Rock, AR is a Studio unit found at McGowan Flats priced from $795. Residences at Gracie Mansion has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable River Market apartments for rent in Little Rock, AR:

Apartment ListingModel NameBed/BathPriced From
McGowan FlatsStudio - Non FurnishedStudio,1BA$795
Residences at Gracie MansionOne Bedroom1BR,1BA$800
River Market FlatsRMF #171BR,1BA$850
Block 2 LoftsW A11BR,1BA$945
Rock Street Loft Apartments#2152BR,1BA$975

Best Value Apartments for Rent in River Market, AR

As of June 07, 2025 the best value apartment in the River Market area is the $0.98 price per square foot 1410 S Gaines St Model at 1410 S Gaines St, Unit B in the in the State University neighborhood starting from $1,150. The second greatest value River Market apartment is the The Stephens Model at The Flats at Soma starting at $1,500 with a $1.43 price per square foot in the State University neighborhood. Here is today’s list of the best values for River Market apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1410 S Gaines St, Unit B1410 S Gaines St1BR,1BA$0.98
The Flats at SomaThe Stephens1BR,1BA$1.43
EPH 36, LLC (MacArthur Commons Apartments)1BR/1.0BA1BR,1BA$1.35
MetropolitanJava1BR,1BA$1.44
1 Bed 1 Bath Luxury Energy Efficient Townhomes1 Bed 1 Bath 782 SQFT (Live on Parker)1BR,1BA$1.53
Thrive ArgentaA21BR,1BA$1.60
Rock Street Loft Apartments#2152BR,1BA$1.34
Residences at Gracie Mansion2B1B2BR,1BA$1.30
Riverside at Rockwater1 Bed, 1 Bath1BR,1BA$1.69
Block 2 LoftsW A11BR,1BA$1.76

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Pet Friendly Lifestyle
River Market, Little Rock, AR

Ranked #26

Among neighborhoods in Little Rock, AR for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including River Market, Little Rock, and the greater Little Rock area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, pet-friendly features, places that make kids happy, proximity to transit, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap River Market Apartments

What is a cheap apartment in River Market?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in River Market is under $1,142.

What is the price of a cheap apartment in River Market?

The cheapest apartment in River Market is Residences at Gracie Mansion which is listed at $800, while the average apartment in River Market costs $1,540.

What types of apartments are the cheapest in River Market?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 6 regular apartments in River Market that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.