Cheap Apartments for Rent in the Ward 3 Neighborhood of Little Rock, AR from $400 (47 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Ward 3 area of Little Rock.

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Oakwood Place Apartments
$640 - $655
Total Monthly Price

Total Monthly Price

Base Rent
$590 - $605
Required Monthly Fees
$50

Total Monthly Price
$640 - $655
1 Bedroom Apartments Available Now

Oakwood Place Apartments

25 Oakwood RdLittle Rock, AR 72202
Affordability
  • Verified
  • Utilities Included
  • 3D Tour

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property at 5101 H St

$795 - $825

Studio To 1 Bedroom Rentals

Available Now

5101 H St

Little RockAR72205

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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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Forest Place
Rent Specials
$951 - $1,779
Total Monthly Price

Total Monthly Price

Base Rent
$936 - $1,764
Required Monthly Fees
$15

Total Monthly Price
$951 - $1,779
1 to 3 Bedroom Apartments Available Now

Forest Place

1400 N Pierce StLittle Rock, AR 72207
Eco-Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
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Tiki Apartments
1 Bedroom Apartments

Tiki Apartments

200-204 N Filmore StLittle Rock, AR 72205
  • Utilities Included
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Yorkshire Apartments
1 to 2 Bedroom Apartments

Yorkshire Apartments

700 N Cedar StLittle Rock, AR 72205
Student Housing
  • Utilities Included
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5522-5524 B St
1 to 2 Bedroom Apartments

5522-5524 B St

5522-5524 B StLittle Rock, AR 72205

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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Barton Oaks Apartments
1 to 2 Bedroom Apartments

Barton Oaks Apartments

107 Barton StLittle Rock, AR 72205
  • Utilities Included
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Park Heights Townhomes
2 Bedroom Apartments

Park Heights Townhomes

1700 N Bryant StLittle Rock, AR 72207
  • Utilities Included
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Indian Villas
1 to 2 Bedroom Apartments

Indian Villas

7700 Indian TrlLittle Rock, AR 72227
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7718 S St
2 Bedroom Apartments

7718 S St

7718 S StLittle Rock, AR 72227
  • Utilities Included
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Midtown Park
1 to 2 Bedroom Apartments

Midtown Park

6115 W Markham StLittle Rock, AR 72205
  • Utilities Included
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Jackson House
1 Bedroom Apartments

Jackson House

121 N Jackson StLittle Rock, AR 72205
Corporate Housing
  • Utilities Included
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Woodruff Lofts
Studio to 2 Bedroom Apartments

Woodruff Lofts

3010 W 7th StLittle Rock, AR 72205
  • Utilities Included

Little Rock's Best Affordable Neighborhoods

Learn about Little Rock and the best places to live with original content written by Local Expert Melissa Maxwell

Ward 3, Little Rock, AR Local Guide

Cheapest Available Ward 3 Apartments for Rent

 

The cheapest available apartment rental in the Ward 3 area of Little Rock, AR is a 1 Bed unit found at Park Heights Apartments priced from $505. Oakwood Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $640. Here are the most affordable Ward 3 apartments for rent in Little Rock, AR:

Apartment ListingModel NameBed/BathPriced From
Park Heights Apartments1 Bedroom1BR,1BA$505
Oakwood Place ApartmentsOriginal Floor Plan1BR,1BA$640
Arbor Pointe at HillcrestPinnacleStudio,1BA$649
Orleans SquareOne Bed1BR,1BA$695
Midtown @ 75751x11BR,1BA$725
Legacy PointeThe Dogwood 1.1 S Classic1BR,1BA$740
Riverwalk ApartmentsSeapine1BR,1BA$795
Prosper RiverdaleA2P1BR,1BA$799
Markham OaksPin Oak-1BR/1Bth1BR,1BA$814
Vantage Point1 bedroom 1 bath1BR,1BA$825

Best Value Apartments for Rent in Ward 3, AR

As of February 27, 2026 the best value apartment in the Ward 3 area is the $1.12 price per square foot 2 Bedroom, 2 Bathroom (Newly Renovated) Model at Parham Pointe in the in the Ward 3 neighborhood starting from $1,200. The second greatest value Ward 3 apartment is the 2 Bedroom 1.5 Bathroom Townhouse Model at Georgetown Apartments starting at $899 with a $0.90 price per square foot in the Ward 3 neighborhood. Here is today’s list of the best values for Ward 3 apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Parham Pointe2 Bedroom, 2 Bathroom (Newly Renovated)2BR,2BA$1.12
Georgetown Apartments2 Bedroom 1.5 Bathroom Townhouse2BR,1.5BA$0.90
Normandy Place Apartments2.2 Rehab2BR,2BA$0.88
Park Heights Apartments2 BR, Townhome-W/D in Unit2BR,1.5BA$0.89
Vantage Point1 bedroom 1 bath1BR,1BA$1.01
Riverwalk ApartmentsAlpine - Newly Renovated1BR,1BA$1.33
Midtown @ 75751x11BR,1BA$1.12
Legacy PointeThe Dogwood 1.1 S Classic1BR,1BA$1.14
Orleans SquareOne Bed1BR,1BA$1.16
Oakwood Place ApartmentsRenovated Floor Plan1BR,1BA$1.31

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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

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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 3, Little Rock, AR

Ranked #7

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Ward 3, Little Rock, and the greater Little Rock area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental 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, family-friendliness, walking, and biking. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Ward 3 Apartments

What is the Cheapest Studio apartment in Ward 3?

Currently the most affordable Cheap Studio Apartment in Ward 3 is at Arbor Pointe at Hillcrest listed at $649.

How much is rent for a Cheap One Bedroom Ward 3 Apartment?

The lowest price for a Cheap One Bedroom Ward 3 Apartment is $505 at Park Heights Apartments.

What is the lowest price for a Cheap Two Bedroom Ward 3 Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Ward 3 is starting from $570 at Park Heights Apartments.

What is the most affordable Ward 3 Three Bedroom Apartment?

The best deal on a cheap Ward 3 Three Bedroom Apartment rental is at ReNew on Cantrell and starts from $1,299.

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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.