Cheap Apartments for Rent in the Ward 1 Neighborhood of Little Rock, AR from $500 (21 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Ward 1 area of Little Rock.

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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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Keown Homes
3 Bedroom Apartments

Keown Homes

4105 Apple AveLittle Rock, AR 72206
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Tuf Nut Lofts
2 Bedroom Apartments

Tuf Nut Lofts

423 E 3rd StLittle Rock, AR 72201
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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608-612 E 7th St
1 Bedroom Apartments

608-612 E 7th St

608-612 E 7th StLittle Rock, AR 72202
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The Clayton on Scott
1 to 3 Bedroom Apartments

The Clayton on Scott

915 Scott StLittle Rock, AR 72202
  • Utilities Included

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Ward 1, Little Rock, AR Local Guide

Cheapest Available Ward 1 Apartments for Rent

 

The cheapest available apartment rental in the Ward 1 area of Little Rock, AR is a Studio unit found at Residences at Gracie Mansion priced from $600. Eastside Lofts Apartments Phase II has the second lowest priced unit, which is a 1 Bed apartment currently listed from $886. Here are the most affordable Ward 1 apartments for rent in Little Rock, AR:

Apartment ListingModel NameBed/BathPriced From
Residences at Gracie MansionStudioStudio,1BA$600
Eastside Lofts Apartments Phase II1x1 - 4981BR,1BA$886
Block 2 LoftsW A21BR,1BA$899
The Flats at SomaThe Blossom1BR,1BA$1,000
River Market FlatsRMF #141BR,1BA$1,095

Best Value Apartments for Rent in Ward 1, AR

As of October 27, 2025 the best value apartment in the Ward 1 area is the $1.25 price per square foot The Gains Model at The Flats at Soma in the in the Ward 1 neighborhood starting from $1,450. The second greatest value Ward 1 apartment is the #103 Model at Rock Street Loft Apartments starting at $1,100 with a $1.17 price per square foot in the River Market neighborhood. Here is today’s list of the best values for Ward 1 apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Flats at SomaThe Gains2BR,2BA$1.25
Rock Street Loft Apartments#1031BR,1BA$1.17
Apartments at Harbor TownOne Bedroom1BR,1BA$1.29
EPH 36, LLC (MacArthur Commons Apartments)1BR/1.0BA1BR,1BA$1.28
Chateaus at St Clair1BD 1BA Furnished1BR,1BA$2.48
River Market FlatsRMF #262BR,1BA$1.68
Block 2 LoftsB A11BR,1BA$1.54
Eastside Lofts Apartments Phase II1x1 - 4981BR,1BA$1.78
Residences at Gracie MansionStudioStudio ,1BA$1.43

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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
Ward 1, Little Rock, AR

Ranked #26

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Ward 1 Apartments

What is the price of a cheap apartment in Ward 1?

The cheapest apartment in Ward 1 is Residences at Gracie Mansion which is listed at $820, while the average apartment in Ward 1 costs $1,750.

What types of apartments are the cheapest in Ward 1?

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 Ward 1 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.

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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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.