Cheap Apartments for Rent in the Stephens Neighborhood of Little Rock, AR from $400 (79 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 500 S Valentine St

$950 - $1,150

Total Monthly Price

Total Monthly Price

Base Rent
$950 - $1,150
Total Monthly Price
$950 - $1,150

1 To 2 Bedroom Townhomes for Rent

Available Now

500 S Valentine St

Little RockAR72205
property at 915 North Street

$950 - $970

1 To 2 Bedroom Rentals

Available Now

915 North Street

Little RockAR72201

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 5618 B St

$995

2 Bedroom Rentals

Available Now

5618 B St

Little RockAR72205

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Tiki Apartments
1 Bedroom Apartments

Tiki Apartments

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

Yorkshire Apartments

700 N Cedar StLittle Rock, AR 72205
Student Housing
  • Utilities Included

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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5522-5524 B St
1 to 2 Bedroom Apartments

5522-5524 B St

5522-5524 B StLittle Rock, AR 72205
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Barton Oaks Apartments
1 to 2 Bedroom Apartments

Barton Oaks Apartments

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

Westside Lofts

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

South Oaks

3401 Fair Park BlvdLittle Rock, AR 72204

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-50, Page 1 of 2

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. Casona Apartments by Hampshire has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. 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
Casona Apartments by HampshireOne Bedroom1BR,1BA$700
South Oaks11BPU1BR,1BA$720
Georgetown Apartments2 Bedroom 1 Bathroom2BR,1BA$879
Woodruff Lofts204, 3042BR,1BA$925
Midtown Park1 Bed 1 Bath Large1BR,1BA$933
Riverside at Rockwater1 Bed, 1 Bath B1BR,1BA$971
Park Avenue LoftsThe Brooklyn1BR,1BA$1,001
The Resort at RockwaterThe Resort at Rockwater - "The Queenie" studio ...Studio,1BA$1,095
Valley View2516 Kavanaugh-11BR,1BA$1,199

Best Value Apartments for Rent in Stephens, AR

As of June 22, 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 2516 Kavanaugh-1 Model at Valley View starting at $1,199 with a $1.41 price per square foot in the Ward 3 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
Valley View2516 Kavanaugh-11BR,1BA$1.41
Riverside at Rockwater1 Bed, 1 Bath B1BR,1BA$1.44
South Oaks11BSS1BR,1BA$1.18
Casona Apartments by HampshireOne Bedroom1BR,1BA$1.13
Park Avenue LoftsThe Brooklyn1BR,1BA$1.72
Midtown Park1 Bed 1 Bath Large1BR,1BA$1.71
Oakwood Place ApartmentsRenovated Floor Plan1BR,1BA$1.31
Woodruff Lofts204, 3041BR,1BA$2.06
The Resort at RockwaterThe Resort at Rockwater - "The Queenie" studio ...Studio ,1BA$3.09

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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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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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 #29

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

How much is rent for a Cheap One Bedroom Stephens Apartment?

The lowest price for a Cheap One Bedroom Stephens Apartment is $640 at Oakwood Place Apartments.

What is the lowest price for a Cheap Two Bedroom Stephens Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Stephens is starting from $800 at Casona Apartments by Hampshire.

What is the most affordable Stephens Three Bedroom Apartment?

The best deal on a cheap Stephens Three Bedroom Apartment rental is at Casona Apartments by Hampshire and starts from $995.

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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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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Exploring Little Rock: A Students Guide on Where to Live Near Little Rock's Best Colleges

Written by: Melissa Maxwell

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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A Guide to Working and Living in Little Rock: Major Companies and Charming Neighborhoods

Written by: Melissa Maxwell

I'm Melissa, your ApartmentHomeLiving.com Local Expert for Little Rock, Arkansas. Arkansas has a reputation as being a rather rural state. That isn't far from true.

Articles, How-To's, and Tips

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.