Cheap Apartments for Rent in the Ward 5 Neighborhood of Little Rock, AR from $600 (45 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article
close
View Me
Muse
Rent Specials
$893 - $1,2551 to 3 Bedroom Apartments Available Now

Muse

13111 W Markham StLittle Rock, AR 72211
Corporate Housing
  • Verified
  • Customer Reviewed
  • Matterport 3D Tour

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.

Read Article

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.

Read Article
close
View Me
Pleasant Ridge
1 to 3 Bedroom Apartments

Pleasant Ridge

11700 Pleasant Ridge RdLittle Rock, AR 72223

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.

Read Article
Showing Results 1-45, Page 1 of 1

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
Bowman Heights ApartmentsA11BR,1BA$660
Dream Little RockA1P1BR,1BA$679
The Bentley Apartments1 bed 1 bath w/wd in unit1BR,1BA$760
Fairfield1 Bed 1 Bath A1BR,1BA$760
Pleasant WoodsThe Birch1BR,1BA$770
The Berkley1 Bed 1 Bath B1BR,1BA$785
Landmark ApartmentsSandlewoodStudio,1BA$795
Napa ValleyFranciscan1BR,1BA$810

Best Value Apartments for Rent in Ward 5, AR

As of November 26, 2025 the best value apartment in the Ward 5 area is the $0.93 price per square foot 504 Mimi Ln Model at 504 Mimi Ln in the in the Ward 6 neighborhood starting from $1,049. The second greatest value Ward 5 apartment is the Antebellum Model at The Lexington Apartments starting at $1,272 with a $1.21 price per square foot in the Ward 5 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.
504 Mimi Ln504 Mimi Ln3BR,2BA$0.93
The Lexington ApartmentsAntebellum3BR,2BA$1.21
Palisades at Chenal Valley1x11BR,1BA$1.20
Capitol HillMeadowbrook2BR,2BA$0.91
Highline2 Bed 2 Bath Balcony Classic2BR,2BA$1.10
Northwest Hills ApartmentsSmall 2 Bedroom - Premium2BR,1BA$1.17
The Berkley1 Bed 1 Bath B1BR,1BA$1.08
The Waters at Chenal ApartmentsA31BR,1BA$1.17
Bowman Heights ApartmentsA11BR,1BA$1.10
Residences at the OverlookA11BR,1BA$1.09

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!

Read Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Ward 5, Little Rock, AR

Ranked #5

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

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 a cheap apartment in Ward 5?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Ward 5 is under $810.

What is the price of a cheap apartment in Ward 5?

The cheapest apartment in Ward 5 is Residences at the Overlook which is listed at $600, while the average apartment in Ward 5 costs $1,395.

What types of apartments are the cheapest in Ward 5?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 58 regular apartments in Ward 5 that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Ward 5?

Cheap apartments in Ward 5 have an average cost of $135 which is $1,260 cheaper than the average rent for all rentals in Ward 5.

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.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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

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.