Cheap Apartments for Rent in the Ward 3 Neighborhood of Little Rock, AR from $400 (75 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Ward 3 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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property at 5101 H St

$795 - $825

Studio To 1 Bedroom Rentals

Available Now

5101 H St

Little RockAR72205

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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property at 500 S Valentine St

$950 - $1,150

Total Monthly Price

Total Monthly Price

Base Rent
$950 - $1,150
Total Monthly Price
$950 - $1,150

1 To 2 Bedroom Townhomes for Rent

Available Now

500 S Valentine St

Little RockAR72205

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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property at 5618 B St

$1,100

2 Bedroom Rentals

Available Now

5618 B St

Little RockAR72205
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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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Barton Oaks Apartments
1 to 2 Bedroom Apartments

Barton Oaks Apartments

107 Barton StLittle Rock, AR 72205
  • Utilities Included

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.

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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 $520. 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$520
Oakwood Place ApartmentsOriginal Floor Plan1BR,1BA$640
Arbor Pointe at HillcrestPinnacleStudio,1BA$679
Orleans SquareOne Bed1BR,1BA$695
Midtown @ 75751x11BR,1BA$725
Legacy PointeThe Dogwood 1.1 S Rehab1BR,1BA$740
Riverwalk ApartmentsSeapine1BR,1BA$795
Prosper RiverdaleA1P1BR,1BA$799
Vantage Point1 bedroom 1 bath1BR,1BA$825
Summit MidtownThe Capitol1BR,1BA$840

Best Value Apartments for Rent in Ward 3, AR

As of April 13, 2026 the best value apartment in the Ward 3 area is the $0.90 price per square foot 2 Bedroom 1.5 Bathroom Townhouse Model at Georgetown Apartments in the in the Ward 3 neighborhood starting from $899. The second greatest value Ward 3 apartment is the 2.2 Rehab Model at Normandy Place Apartments starting at $865 with a $0.88 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.
Georgetown Apartments2 Bedroom 1.5 Bathroom Townhouse2BR,1.5BA$0.90
Normandy Place Apartments2.2 Rehab2BR,2BA$0.88
Markham OaksRed Oak-patio TH 2 bed, 1 and a half ba2BR,1.5BA$1.22
Valley View2500 Kavanaugh1BR,1BA$1.03
Park Heights Apartments2 BR, Townhome-W/D in Unit2BR,1.5BA$0.95
Vantage Point1 bedroom 1 bath1BR,1BA$1.01
Midtown @ 75751x11BR,1BA$1.12
Legacy PointeThe Dogwood 1.1 S Rehab1BR,1BA$1.14
Orleans SquareOne Bed1BR,1BA$1.16
Oakwood Place ApartmentsRenovated Floor Plan1BR,1BA$1.31

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 3, Little Rock, AR

Ranked #10

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 $769.

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

The lowest price for a Cheap One Bedroom Ward 3 Apartment is $520 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 $635 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 Midtown @ 7575 and starts from $1,050.

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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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.

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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.