
Cheap Homes for Rent in Ward 3 Neighborhood of Little Rock, AR from $500 (30 Rentals)
Search the lowest-cost Homes available for rent right now in the Ward 3 area of Little Rock.


3705 W 12th St

1602 S Cedar St

610 S Maple St

610 S Maple St

920 S Elm St

920 S Elm St
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.

306 S Valentine St

4000 Woodlawn Dr

200-202 N Elm

5605 Lee Ave

500 S Valentine St

121 N Jackson St

217 N Fillmore St
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.

1409 S Jackson St

217 N Fillmore St

901 S Harrison St

901 S Harrison St

1520 Adams St

1320 Adams St

1320 Adams St
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.

1401 S Taylor St

3412 W 7th St

1701 Fair Park Blvd

128 S Woodrow St, Unit N

3204 Maryland Ave

2324 W Daisy L Gatson Bates Dr

7604 Ohio St
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.

1320 S Summit St

1318 S Summit St
Ward 3, Little Rock, AR Local Guide

How much does it cost to rent a home in Ward 3?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ward 3 2 Bedroom Homes for Rent | $1,161 | $795 | $2,200 |
| Ward 3 3 Bedroom Homes for Rent | $1,866 | $975 | $3,650 |
| Ward 3 4 Bedroom Homes for Rent | $3,193 | $1,600 | $5,500 |
Browse Homes for Rent in this Neighborhood
There are currently 30 rentals with your search options within a 2 mile radius of the Ward 3 Neighborhood of Little Rock, AR.
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Ward 3, Little Rock, AR Local Guide
- Nearby Little Rock neighborhoods
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Park Heights Apartments | 1 Bedroom | 1BR,1BA | $520 |
| Oakwood Place Apartments | Original Floor Plan | 1BR,1BA | $640 |
| Orleans Square | One Bed | 1BR,1BA | $695 |
| Midtown @ 7575 | 1x1 | 1BR,1BA | $725 |
| Legacy Pointe | The Dogwood 1.1 S Rehab | 1BR,1BA | $740 |
| Arbor Pointe at Hillcrest | Pinnacle | Studio,1BA | $769 |
| Riverwalk Apartments | Alpine | 1BR,1BA | $790 |
| Prosper Riverdale | A1P | 1BR,1BA | $799 |
| Vantage Point | 1 bedroom 1 bath | 1BR,1BA | $825 |
| ReNew on Cantrell | A2 | 1BR,1BA | $839 |
Best Value Apartments for Rent in Ward 3, AR
As of April 16, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Georgetown Apartments | 2 Bedroom 1.5 Bathroom Townhouse | 2BR,1.5BA | $0.90 |
| Normandy Place Apartments | 2.2 Rehab | 2BR,2BA | $0.88 |
| Markham Oaks | Red Oak-patio TH 2 bed, 1 and a half ba | 2BR,1.5BA | $1.22 |
| Park Heights Apartments | 2 BR, Townhome-W/D in Unit | 2BR,1.5BA | $0.95 |
| Vantage Point | 1 bedroom 1 bath | 1BR,1BA | $1.01 |
| Riverwalk Apartments | Alpine | 1BR,1BA | $1.17 |
| Midtown @ 7575 | 1x1 | 1BR,1BA | $1.12 |
| Legacy Pointe | The Dogwood 1.1 S Rehab | 1BR,1BA | $1.14 |
| Orleans Square | One Bed | 1BR,1BA | $1.16 |
| Oakwood Place Apartments | Renovated Floor Plan | 1BR,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.
Read ArticleExploring 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!
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleWard 3, Little Rock, AR
Ranked #13
Among cities in Arkansas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Ward 3
What type of rentals are currently available in Ward 3?
There are currently 135 Apartments for Rent in Ward 3, AR with pricing that ranges from $520 to $4,695. There are also 67 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ward 3 ranging from $575 to $5,500.
What is the current price range for Rental Homes in Ward 3?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Ward 3 ranges from $575 to $5,500 with an average monthly rent of $1,755.
How much are larger Three and Four Bedroom Rentals in Ward 3?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Ward 3 range from $850 to $3,125, while Three Bedroom Homes, Condos, and Townhomes for rent range from $975 to $3,650. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,295.
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

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.

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.

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.

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.