Cheap Apartments for Rent in the Ward 1 Neighborhood of Little Rock, AR from $400 (35 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Ward 1 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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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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818 Cumberland St
1 Bedroom Apartments

818 Cumberland St

818 Cumberland StLittle Rock, AR 72202
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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
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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

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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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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River Market Lofts
1 Bedroom Apartments

River Market Lofts

433 E 3rd StLittle Rock, AR 72201
Corporate Housing
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Parkplace Apartments
1 to 2 Bedroom Apartments

Parkplace Apartments

916 Commerce StLittle Rock, AR 72202
  • 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.

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River Market Flats
Studio to 2 Bedroom Apartments

River Market Flats

518 E 7th StLittle Rock, AR 72202
  • Utilities Included
Showing Results 1-35, Page 1 of 1

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 1 Bed unit found at Windgate Apartments priced from $479. McGowan Flats Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable Ward 1 apartments for rent in Little Rock, AR:

Apartment ListingModel NameBed/BathPriced From
Windgate Apartments1A1BR,1BA$479
McGowan Flats ApartmentsStudio - FurnishedStudio,1BA$795
Eastside Lofts Apartments Phase II1x1 - 4981BR,1BA$886
Block 2 LoftsB A11BR,1BA$899
Chateaus at St Clair2BD 1BA2BR,1BA$1,000
The Flats at SomaThe Blossom1BR,1BA$1,100
Apartments at Harbor TownOne Bedroom1BR,1BA$1,145

Best Value Apartments for Rent in Ward 1, AR

As of May 06, 2026 the best value apartment in the Ward 1 area is the $1.01 price per square foot 1004 Scott St Model at 1004 Scott St, Unit 1 in the in the River Market neighborhood starting from $1,395. The second greatest value Ward 1 apartment is the 3AHC Model at Windgate Apartments starting at $1,384 with a $1.05 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.
1004 Scott St, Unit 11004 Scott St2BR,1BA$1.01
Windgate Apartments3AHC3BR,2BA$1.05
Chateaus at St Clair2BD 1BA2BR,1BA$0.94
Apartments at Harbor TownOne Bedroom1BR,1BA$1.29
The Flats at SomaThe Blossom1BR,1BA$1.30
221 W 2nd St221 W 2nd StStudio ,1BA$2.39
Block 2 LoftsB A11BR,1BA$1.54
Eastside Lofts Apartments Phase II1x1 - 4981BR,1BA$1.78
McGowan Flats ApartmentsStudio - FurnishedStudio ,1BA$1.99

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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

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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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
Ward 1, Little Rock, AR

Ranked #22

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Ward 1 Apartments

What is a cheap apartment in Ward 1?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Ward 1 is under $1,145.

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

The cheapest apartment in Ward 1 is Windgate Apartments which is listed at $479, while the average apartment in Ward 1 costs $1,384.

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 23 regular apartments in Ward 1 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 Ward 1?

Cheap apartments in Ward 1 have an average cost of $472 which is $912 cheaper than the average rent for all rentals in Ward 1.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.