Cheap Apartments for Rent in the River Market Neighborhood of Little Rock, AR from $500 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the River Market area of Little Rock.

Residences at Gracie Mansion
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.

615 Sherman St

1500 Center St

117 Daisy Bates

Block 2 Lofts

The Flats at Soma

Rock Street Loft Apartments

724 North Street, Unit Cliff
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.
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.

801 Willow St

803 Willow St
River Market, Little Rock, AR Local Guide

How much does it cost to rent an apartment in River Market?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
River Market Studio Apartments | $946 | $795 | $1,195 |
River Market 1 Bedroom Apartments | $1,337 | $700 | $2,399 |
River Market 2 Bedroom Apartments | $1,689 | $936 | $2,799 |
River Market 3 Bedroom Apartments | $1,870 | $1,319 | $2,799 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 1 mile radius of the River Market Neighborhood of Little Rock, AR.
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River Market, Little Rock, AR Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
McGowan Flats | Studio - Non Furnished | Studio,1BA | $795 |
Residences at Gracie Mansion | One Bedroom | 1BR,1BA | $800 |
River Market Flats | RMF #17 | 1BR,1BA | $850 |
Block 2 Lofts | W A1 | 1BR,1BA | $945 |
Rock Street Loft Apartments | #215 | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1410 S Gaines St, Unit B | 1410 S Gaines St | 1BR,1BA | $0.98 |
The Flats at Soma | The Stephens | 1BR,1BA | $1.43 |
EPH 36, LLC (MacArthur Commons Apartments) | 1BR/1.0BA | 1BR,1BA | $1.35 |
Metropolitan | Java | 1BR,1BA | $1.44 |
1 Bed 1 Bath Luxury Energy Efficient Townhomes | 1 Bed 1 Bath 782 SQFT (Live on Parker) | 1BR,1BA | $1.53 |
Thrive Argenta | A2 | 1BR,1BA | $1.60 |
Rock Street Loft Apartments | #215 | 2BR,1BA | $1.34 |
Residences at Gracie Mansion | 2B1B | 2BR,1BA | $1.30 |
Riverside at Rockwater | 1 Bed, 1 Bath | 1BR,1BA | $1.69 |
Block 2 Lofts | W A1 | 1BR,1BA | $1.76 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleRiver Market, Little Rock, AR
Ranked #26
Among neighborhoods in Little Rock, AR for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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.

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.

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.

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.

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.