
Cheap Apartments for Rent in the Wakefield Neighborhood of Little Rock, AR from $485 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Wakefield area of Little Rock.


Casona Apartments by Hampshire

Summit at Town and Country

The Foundry Apartments

Luxe 30
Catfish, Crystals, and Culture: A Local Insider's Guide to Little Rock
Little Rock has big-city amenities, small-town charm, and some of the best catfish you'll ever eat. Let our local insider show you everything this underrated Arkansas city has to offer.

Pine Garden

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Rosewood Apartments

Pulaski Estates

Hoffman Apartments
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South Oaks

Auxora Arms Apartments

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Summit at Geyer Springs
A Guide to Working and Living in Little Rock: Major Companies and Charming Neighborhoods
Little Rock, Arkansas: Your essential guide to finding the perfect home, from charming historic areas to dense suburbs, all conveniently located near the city’s top employers.
Wakefield, Little Rock, AR Local Guide

How much does it cost to rent an apartment in Wakefield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wakefield 1 Bedroom Apartments | $767 | $535 | $1,100 |
| Wakefield 2 Bedroom Apartments | $883 | $640 | $1,267 |
| Wakefield 3 Bedroom Apartments | $1,170 | $995 | $1,466 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Wakefield Neighborhood of Little Rock, AR.
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Wakefield, Little Rock, AR Local Guide
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Cheapest Available Wakefield Apartments for Rent
 The cheapest available apartment rental in the Wakefield area of Little Rock, AR is a 1 Bed unit found at Terra Vista Apartments priced from $535. 5924 Southwick Dr has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here are the most affordable Wakefield apartments for rent in Little Rock, AR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Terra Vista Apartments | 1 Bedroom Small | 1BR,1BA | $535 |
| 5924 Southwick Dr | 1 Beds, 1 Baths | 1BR,1BA | $600 |
| Rosewood Apartments | 2.1 Renovated | 2BR,1BA | $650 |
| College Terrace | 2 Beds, 1 Baths | 2BR,1BA | $675 |
| South Oaks | A1A | 1BR,1BA | $675 |
Best Value Apartments for Rent in Wakefield, AR
As of September 08, 2026 the best value apartment in the Wakefield area is the $0.82 price per square foot 3.1 Model at Rosewood Apartments in the in the Ward 2 neighborhood starting from $830. The second greatest value Wakefield apartment is the The Aubrey- Now Leasing Model at The Aubrey of Little Rock starting at $995 with a $1.23 price per square foot in the University of Arkansas at Little Rock neighborhood. Here is today’s list of the best values for Wakefield apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Rosewood Apartments | 3.1 | 3BR,1BA | $0.82 |
| The Aubrey of Little Rock | The Aubrey- Now Leasing | 2BR,1BA | $1.23 |
| Summit at Town and Country | 1A- Sec 8 & LITHTC | 1BR,1BA | $1.37 |
| Luxe 30 | A2 Premium with Black Appliances | 1BR,1BA | $1.26 |
| The Foundry Apartments | Roland (REHAB) | 1BR,1BA | $1.22 |
| College Terrace | 2 Beds, 1 Baths | 2BR,1BA | $1.05 |
| Casona Apartments by Hampshire | One Bedroom | 1BR,1BA | $1.13 |
| Village Green | 1 Bedroom | 1BR,1BA | $1.33 |
| 5924 Southwick Dr | 1 Beds, 1 Baths | 1BR,1BA | $1.04 |
| Terra Vista Apartments | 1 Bedroom Large | 1BR,1BA | $1.07 |
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!
Read ArticleDon'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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleWakefield, Little Rock, AR
Ranked #51
Among cities in Arkansas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Wakefield Apartments
What is the price of a cheap apartment in Wakefield?
The cheapest apartment in Wakefield is Terra Vista Apartments which is listed at $535, while the average apartment in Wakefield costs $775.
What types of apartments are the cheapest in Wakefield?
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 14 regular apartments in Wakefield that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

Catfish, Crystals, and Culture: A Local Insider's Guide to Little Rock
Written by: Melissa Maxwell
I'm Melissa, your ApartmentHomeLiving.com Local Expert for Little Rock, Arkansas. My grandmother was from Little Rock. She went to North Little Rock High School. Yes, that North Little Rock High School.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.