Cheap Homes for Rent in Ward 1 Neighborhood of Little Rock, AR from $1,000 (6 Rentals)

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

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.

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.

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 McGowan Flats priced from $795. Residences at Gracie Mansion has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Ward 1 apartments for rent in Little Rock, AR:

Apartment ListingModel NameBed/BathPriced From
McGowan FlatsStudio - FurnishedStudio,1BA$795
Residences at Gracie MansionOne Bedroom1BR,1BA$800
River Market FlatsRMF#29Studio,1BA$850

Best Value Apartments for Rent in Ward 1, AR

As of May 31, 2025 the best value apartment in the Ward 1 area is the $1.43 price per square foot The Stephens Model at The Flats at Soma in the in the State University neighborhood starting from $1,500. The second greatest value Ward 1 apartment is the 1BR/1.0BA Model at EPH 36, LLC (MacArthur Commons Apartments) starting at $1,125 with a $1.35 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 Stephens1BR,1BA$1.43
EPH 36, LLC (MacArthur Commons Apartments)1BR/1.0BA1BR,1BA$1.35
MetropolitanJava1BR,1BA$1.41
1 Bed 1 Bath Luxury Energy Efficient Townhomes1 Bed 1 Bath 782 SQFT (Live on Parker)1BR,1BA$1.53
Riverside at Rockwater1 Bed, 1 Bath1BR,1BA$1.74
Thrive ArgentaA21BR,1BA$1.60
Rock Street Loft Apartments#2152BR,1BA$1.34
Residences at Gracie Mansion2B1B2BR,1BA$1.30
River Market LoftsRiver Market Lofts1BR,1BA$1.51
Block 2 LoftsB A31BR,1BA$1.55

Quick Rent Budget Calculator

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Frequently Asked Questions about Ward 1

What type of rentals are currently available in Ward 1?

There are currently 109 Apartments for Rent in Ward 1, AR with pricing that ranges from $700 to $2,799. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ward 1 ranging from $1,045 to $1,995.

What is the current price range for Rental Homes in Ward 1?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Ward 1 ranges from $1,045 to $1,995 with an average monthly rent of $1,435.

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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.