Cheap Apartments for Rent in the Stephens Neighborhood of Little Rock, AR from $400 (48 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Stephens 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.

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property at 201 N Polk St

$775

1 Bedroom Rentals

Available Now

201 N Polk St

Little RockAR72205

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.

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property at 5101 H St

$795 - $825

Studio To 1 Bedroom Rentals

Available Now

5101 H St

Little RockAR72205
property at 915 North Street

$995 - $1,345

1 To 2 Bedroom Rentals

Available Now

915 North Street

Little RockAR72201

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

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property at 1923 S Izard St

$850 - $1,150

2 To 3 Bedroom Rentals

Available Now

1923 S Izard St

Little RockAR72206
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Tiki Apartments
1 Bedroom Apartments

Tiki Apartments

200-204 N Filmore StLittle Rock, AR 72205
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Yorkshire Apartments
1 to 2 Bedroom Apartments

Yorkshire Apartments

700 N Cedar StLittle Rock, AR 72205
Student Housing
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5522-5524 B St
1 to 2 Bedroom Apartments

5522-5524 B St

5522-5524 B StLittle Rock, AR 72205

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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Barton Oaks Apartments
1 to 2 Bedroom Apartments

Barton Oaks Apartments

107 Barton StLittle Rock, AR 72205
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Westside Lofts
1 to 2 Bedroom Apartments

Westside Lofts

1300 Childrens WayLittle Rock, AR 72202
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South Oaks
1 to 2 Bedroom Apartments

South Oaks

3401 Fair Park BlvdLittle Rock, AR 72204
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Midtown Park
1 to 2 Bedroom Apartments

Midtown Park

6115 W Markham StLittle Rock, AR 72205
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Jackson House
1 Bedroom Apartments

Jackson House

121 N Jackson StLittle Rock, AR 72205
Corporate Housing
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Woodruff Lofts
Studio to 2 Bedroom Apartments

Woodruff Lofts

3010 W 7th StLittle Rock, AR 72205
  • 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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Showing Results 1-48, Page 1 of 1

Stephens, Little Rock, AR Local Guide

Cheapest Available Stephens Apartments for Rent

 

The cheapest available apartment rental in the Stephens area of Little Rock, AR is a 1 Bed unit found at Oakwood Place Apartments priced from $640. South Oaks has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here are the most affordable Stephens apartments for rent in Little Rock, AR:

Apartment ListingModel NameBed/BathPriced From
Oakwood Place ApartmentsOriginal Floor Plan1BR,1BA$640
South Oaks11APU1BR,1BA$695
Casona Apartments by HampshireOne Bedroom1BR,1BA$700
Villa Nueva ApartmentsApartment Home1BR,1BA$795
Georgetown Apartments2 Bedroom 1 Bathroom2BR,1BA$879
Midtown Park1 Bed 1 Bath Small1BR,1BA$883
Riverside at Rockwater1 Bed, 1 Bath1BR,1BA$911
Park Avenue LoftsThe Brooklyn1BR,1BA$1,030
The Resort at RockwaterThe Resort at Rockwater - "The Queenie" studio ...Studio,1BA$1,095
Vue on RiverfrontMain1BR,1BA$1,194

Best Value Apartments for Rent in Stephens, AR

As of January 24, 2026 the best value apartment in the Stephens 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 Stephens apartment is the 2 Bed, 2 Bath Model at Riverside at Rockwater starting at $1,403 with a $1.42 price per square foot in the State University neighborhood. Here is today’s list of the best values for Stephens 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
Riverside at Rockwater2 Bed, 2 Bath2BR,2BA$1.42
Vue on RiverfrontClinton1BR,1BA$1.84
Live on Parker Townhome - Rockwater Village1 Bed 1 Bath 782 SQFT (Live on Parker)1BR,1BA$1.66
Villa Nueva ApartmentsApartment Home1BR,1.5BA$1.25
Casona Apartments by HampshireOne Bedroom1BR,1BA$1.13
Park Avenue LoftsThe Brooklyn1BR,1BA$1.77
South Oaks11APU1BR,1BA$1.29
Oakwood Place ApartmentsRenovated Floor Plan1BR,1BA$1.31
Midtown Park1 Bed 1 Bath Small1BR,1BA$1.91

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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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Pet Friendly Lifestyle
Stephens, Little Rock, AR

Ranked #14

Among cities in Arkansas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Stephens, Little Rock, AR

School data provided by Great Schools

Frequently Asked Questions about Cheap Stephens Apartments

What is the price of a cheap apartment in Stephens?

The cheapest apartment in Stephens is Oakwood Place Apartments which is listed at $640, while the average apartment in Stephens costs $1,495.

What types of apartments are the cheapest in Stephens?

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 Stephens that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Stephens?

Cheap apartments in Stephens have an average cost of $112 which is $1,383 cheaper than the average rent for all rentals in Stephens.

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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.