Cheap Apartments for Rent in the Ward 5 Neighborhood of Little Rock, AR from $600 (44 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Ward 5 area of Little Rock.

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Pleasant Ridge
1 to 3 Bedroom Apartments

Pleasant Ridge

11700 Pleasant Ridge RdLittle Rock, AR 72223

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Ward 5, Little Rock, AR Local Guide

Cheapest Available Ward 5 Apartments for Rent

 

The cheapest available apartment rental in the Ward 5 area of Little Rock, AR is a 1 Bed unit found at Residences at the Overlook priced from $600. The Waterford Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here are the most affordable Ward 5 apartments for rent in Little Rock, AR:

Apartment ListingModel NameBed/BathPriced From
Residences at the OverlookA11BR,1BA$600
The Waterford ApartmentsS1 - WaterfordStudio,1BA$650
The Bentley Apartments1 bed 1 bath w/wd in unit1BR,1BA$685
Northwest Hills Apartments1 Bedroom - Original1BR,1BA$740
Fairfield1 Bed 1 Bath A1BR,1BA$755
Napa ValleyFranciscan1BR,1BA$755
Highland Pointe of West Little RockA11BR,1BA$756
Pleasant WoodsThe Birch1BR,1BA$770
The Berkley2 Bed 2 Bath A2BR,2BA$799
The Waters at Chenal ApartmentsA21BR,1BA$809

Best Value Apartments for Rent in Ward 5, AR

As of October 11, 2025 the best value apartment in the Ward 5 area is the $1.04 price per square foot 3BD/ 2BA Model at Highline Apartments in the in the Ward 5 neighborhood starting from $1,200. The second greatest value Ward 5 apartment is the 504 Mimi Ln Model at 504 Mimi Ln starting at $1,049 with a $0.93 price per square foot in the Ward 6 neighborhood. Here is today’s list of the best values for Ward 5 apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Highline Apartments3BD/ 2BA3BR,2BA$1.04
504 Mimi Ln504 Mimi Ln3BR,2BA$0.93
Dream Little RockB2D2BR,2BA$0.86
Palisades at ChenalHampton Court1BR,1BA$1.11
Bowman Heights ApartmentsB12BR,1BA$0.91
Capitol HillMeadowbrook2BR,2BA$0.97
The Berkley2 Bed 2 Bath A2BR,2BA$0.84
Grove at Pleasant ValleyA41BR,1BA$1.16
Highland Pointe of West Little RockA11BR,1BA$1.12
Residences at the OverlookA11BR,1BA$1.09

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Pet Friendly Lifestyle
Ward 5, Little Rock, AR

Ranked #7

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Little Rock. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, pet-friendly features, places that make kids happy, proximity to transit, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Ward 5 Apartments

What is the Cheapest Studio apartment in Ward 5?

Currently the most affordable Cheap Studio Apartment in Ward 5 is at The Waterford Apartments listed at $650.

How much is rent for a Cheap One Bedroom Ward 5 Apartment?

The lowest price for a Cheap One Bedroom Ward 5 Apartment is $600 at Residences at the Overlook.

What is the lowest price for a Cheap Two Bedroom Ward 5 Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Ward 5 is starting from $799 at The Berkley.

What is the most affordable Ward 5 Three Bedroom Apartment?

The best deal on a cheap Ward 5 Three Bedroom Apartment rental is at Highline Apartments and starts from $1,200.

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.