Cheap Apartments for Rent in the Walnut Valley Neighborhood of Little Rock, AR from $500 (41 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Read Article

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.

Read Article

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.

Read Article
close
View Me
Ridgecrest Apartments
Studio to 2 Bedroom Apartments

Ridgecrest Apartments

1900-2000 Reservoir RdLittle Rock, AR 72227
  • Utilities Included
close
View Me
Z-Meredith Ct
1 to 2 Bedroom Apartments

Z-Meredith Ct

1-8 Meredith CtLittle Rock, AR 72227
  • Utilities Included

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.

Read Article
close
View Me
X-Bristol Manor
Studio to 2 Bedroom Apartments

X-Bristol Manor

101 Ellis DrLittle 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.

Read Article
close
View Me
The Canopy
1 to 2 Bedroom Apartments

The Canopy

9201 Kanis RdLittle Rock, AR 72205
Showing Results 1-41, Page 1 of 1

Walnut Valley, Little Rock, AR Local Guide

Cheapest Available Walnut Valley Apartments for Rent

 

The cheapest available apartment rental in the Walnut Valley area of Little Rock, AR is a 1 Bed unit found at Residences at the Overlook priced from $600. Chenal Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $635. Here are the most affordable Walnut Valley apartments for rent in Little Rock, AR:

Apartment ListingModel NameBed/BathPriced From
Residences at the OverlookA11BR,1BA$600
Chenal PlaceThe Ashland1BR,1BA$635
Dream Little RockA1P1BR,1BA$649
The Waterford ApartmentsS1 - Waterford - RenovatedStudio,1BA$650
Westbridge ApartmentsA11BR,1BA$675
Towne Oaks ApartmentsA21BR,1BA$675
Bowman Heights ApartmentsA1 - Pine1BR,1BA$685
Beacon Hill ApartmentsOasis1BR,1BA$755
Fairfield1 Bed 1 Bath A1BR,1BA$760
Breckenridge ApartmentsOld State House2BR,1BA$775

Best Value Apartments for Rent in Walnut Valley, AR

As of December 17, 2025 the best value apartment in the Walnut Valley area is the $0.85 price per square foot Old State House Model at Breckenridge Apartments in the in the Ward 4 neighborhood starting from $775. The second greatest value Walnut Valley apartment is the 1 Bed 1 Bath C Model at The Berkley starting at $830 with a $0.92 price per square foot in the Ward 5 neighborhood. Here is today’s list of the best values for Walnut Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Breckenridge ApartmentsOld State House2BR,1.5BA$0.85
The Berkley1 Bed 1 Bath C1BR,1BA$0.92
SturbridgeThe Quarry1BR,1BA$0.95
Northwest Hills ApartmentsSmall 2 Bedroom - Premium2BR,1BA$1.17
Westbridge ApartmentsA11BR,1BA$0.87
Chenal PlaceThe Ashland1BR,1BA$0.86
Foxglen Apartments1 x 11BR,1BA$1.13
Bowman Heights ApartmentsA1 - Pine - Renovated1BR,1BA$1.21
Residences at the OverlookA11BR,1BA$1.09
Towne Oaks ApartmentsA11BR,1BA$1.17

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 Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Little Rock. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, pet-friendly features, places that make kids happy, proximity to transit, and other valuable search options. These search options are in the site filters at the top of this page.

Getting Around the Walnut Valley Neighborhood in Little Rock, AR

Walk Score®

62 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

32 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

23 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Walnut Valley Apartments

What is a cheap apartment in Walnut Valley?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Walnut Valley is under $775.

What is the price of a cheap apartment in Walnut Valley?

The cheapest apartment in Walnut Valley is Residences at the Overlook which is listed at $600, while the average apartment in Walnut Valley costs $1,125.

What types of apartments are the cheapest in Walnut Valley?

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 11 regular apartments in Walnut Valley 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 Walnut Valley?

Cheap apartments in Walnut Valley have an average cost of $118 which is $1,007 cheaper than the average rent for all rentals in Walnut Valley.

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!