Cheap Apartments for Rent in the Ward 2 Neighborhood of Little Rock, AR from $400 (93 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Ward 2 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

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property at 9405 Lew Cir

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

3 Bedroom, 1.5 Bath Townhome for Rent

Available Now

9405 Lew Cir, Unit B

9405 Lew Cir
Little RockAR72209

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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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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Ward 2, Little Rock, AR Local Guide

Cheapest Available Ward 2 Apartments for Rent

 

The cheapest available apartment rental in the Ward 2 area of Little Rock, AR is a 1 Bed unit found at Terra Vista Apartments priced from $585. Luxe 30 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here are the most affordable Ward 2 apartments for rent in Little Rock, AR:

Apartment ListingModel NameBed/BathPriced From
Terra Vista Apartments1 Bedroom Large1BR,1BA$585
Luxe 30A11BR,1BA$650
Rosewood Apartments2.12BR,1BA$650
Westbridge ApartmentsA11BR,1BA$675
Casona Apartments by HampshireOne Bedroom1BR,1BA$700
South Oaks11BPU1BR,1BA$720
Whisperwood TownhomesTownhome 2 BR 1 Bath2BR,1BA$875
Eastside Lofts Apartments Phase II1x1 - 4981BR,1BA$886
The Foundry ApartmentsCarlisle (Townhome - REHAB)2BR,1BA$905
The Flats at SomaThe DalyStudio,1BA$905

Best Value Apartments for Rent in Ward 2, AR

As of June 18, 2026 the best value apartment in the Ward 2 area is the $1.55 price per square foot 3A- Sec 8 & LIHTC Model at Summit at Town and Country in the in the Ward 2 neighborhood starting from $1,466. The second greatest value Ward 2 apartment is the Carlisle (Townhome - REHAB) Model at The Foundry Apartments starting at $905 with a $1.01 price per square foot in the Ward 2 neighborhood. Here is today’s list of the best values for Ward 2 apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Summit at Town and Country3A- Sec 8 & LIHTC3BR,2BA$1.55
The Foundry ApartmentsCarlisle (Townhome - REHAB)2BR,1.5BA$1.01
Rosewood Apartments2.12BR,1BA$0.76
Westbridge ApartmentsA11BR,1BA$0.87
Whisperwood TownhomesTownhome 2 BR 1 Bath2BR,1BA$1.21
Luxe 30A2 Premium with Black Appliances1BR,1BA$1.34
South Oaks11BSS1BR,1BA$1.18
Casona Apartments by HampshireOne Bedroom1BR,1BA$1.13
Village Green1 Bedroom1BR,1BA$1.33
Terra Vista Apartments1 Bedroom Large1BR,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!

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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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Real 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.

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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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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in areas across the United States including Ward 2, Little Rock, and the greater Little Rock area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, transit availability, pet-friendly communities, places to raise kids, walking, and biking. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Ward 2 Apartments

What is the price of a cheap apartment in Ward 2?

The cheapest apartment in Ward 2 is Terra Vista Apartments which is listed at $585, while the average apartment in Ward 2 costs $1,470.

What types of apartments are the cheapest in Ward 2?

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 Ward 2 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 2?

Cheap apartments in Ward 2 have an average cost of $138 which is $1,332 cheaper than the average rent for all rentals in Ward 2.

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

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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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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.

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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.

Articles, How-To's, and Tips

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.