Cheap Apartments for Rent in the Ward 3 Neighborhood of Little Rock, AR from $400 (56 Rentals)

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

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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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 201 N Polk St

201 N Polk 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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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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Tiki Apartments
1 Bedroom Apartments

Tiki Apartments

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

Yorkshire Apartments

700 N Cedar StLittle Rock, AR 72205
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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
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Park Heights Townhomes
2 Bedroom Apartments

Park Heights Townhomes

1700 N Bryant StLittle Rock, AR 72207
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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

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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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 $660. 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$660
Arbor Pointe at HillcrestPinnacleStudio,1BA$679
Midtown @ 75751BR/1BA1BR,1BA$725
Legacy PointeThe Dogwood 1.1 S Rehab1BR,1BA$725
Orleans SquareOne Bed1BR,1BA$750
Riverwalk ApartmentsSeapine1BR,1BA$760
Residences at RiverdaleTaborStudio,1BA$782
Forest PlaceWillow1BR,1BA$861
Summit MidtownThe Capitol1BR,1BA$865

Best Value Apartments for Rent in Ward 3, AR

As of October 11, 2025 the best value apartment in the Ward 3 area is the $1.16 price per square foot Magnolia Model at Forest Place in the in the Ward 3 neighborhood starting from $1,320. The second greatest value Ward 3 apartment is the 2.2 Rehab Model at Normandy Place Apartments starting at $915 with a $0.93 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.
Forest PlaceMagnolia2BR,2BA$1.16
Normandy Place Apartments2.2 Rehab2BR,2BA$0.93
Valley View708 Rose1BR,1BA$1.12
Park Heights Apartments2 BR, Townhome-W/D in Unit2BR,1.5BA$0.89
Vantage Point1 bedroom 1 bath1BR,1BA$1.07
Parham Pointe1 Bedroom, 1 Bathroom (Newly Renovated)1BR,1BA$1.23
Riverwalk ApartmentsAlpine - Newly Renovated1BR,1BA$1.33
Midtown @ 75751BR/1BA1BR,1BA$1.12
Legacy PointeThe Dogwood 1.1 S Rehab1BR,1BA$1.12
Orleans SquareOne Bed1BR,1BA$1.25

Quick Rent Budget Calculator

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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 #5

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 $679.

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 Legacy Pointe and starts from $1,050.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.