Cheap Apartments for Rent in the Ward 5 Neighborhood of Little Rock, AR from $600 (52 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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property at 422 Gamble Rd

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

422 Gamble Rd

Little RockAR72211
property at 11020 Birchwood Dr

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

4 Bedroom, 2 Bath Home for Rent

Available Jun 15

11020 Birchwood Dr

Little RockAR72211

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Dream Little Rock II
1 to 3 Bedroom Apartments

Dream Little Rock II

1502 Green Mountain DrLittle Rock, AR 72211
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Pleasant Ridge
1 to 3 Bedroom Apartments

Pleasant Ridge

11700 Pleasant Ridge RdLittle Rock, AR 72223
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Highline
2 to 3 Bedroom Apartments

Highline

420 Napa Valley DrLittle Rock, AR 72211

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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 Dream Little Rock priced from $669. Bowman Heights Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here are the most affordable Ward 5 apartments for rent in Little Rock, AR:

Apartment ListingModel NameBed/BathPriced From
Dream Little RockA1P1BR,1BA$669
Bowman Heights ApartmentsA1 - Pine1BR,1BA$675
The Waterford ApartmentsS1 - Waterford - RenovatedStudio,1BA$725
Northwest Hills Apartments1 Bedroom - Original1BR,1BA$740
Napa ValleyA11BR,1BA$785
Residences At The OverlookTwo Bedroom, One Bathroom2BR,1BA$799
LennoxPine1BR,1BA$799
Landmark ApartmentsSandlewoodStudio,1BA$800
The Berkley1 Bed 1 Bath B1BR,1BA$800
MuseClay1BR,1BA$804

Best Value Apartments for Rent in Ward 5, AR

As of June 04, 2026 the best value apartment in the Ward 5 area is the $0.84 price per square foot Peridot Model at Fairfield in the in the Ward 5 neighborhood starting from $965. The second greatest value Ward 5 apartment is the Antebellum Model at The Lexington Apartments starting at $1,290 with a $1.23 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.
FairfieldPeridot2BR,2BA$0.84
The Lexington ApartmentsAntebellum3BR,2BA$1.23
Palisades at Chenal Valley1 Bedroom w/Bonus Room1BR,1BA$1.04
Capitol HillMeadowbrook2BR,2BA$1.01
Highland Pointe of West Little Rock2 Bed, 2 Bath2BR,2BA$1.06
The Grove at Pleasant Valley Apartment Homes1 Bedroom w/Sunroom and Patio1BR,1BA$1.14
Residences At The OverlookTwo Bedroom, One Bathroom2BR,1BA$0.93
Hampton Astoria1BR/1.0BA1BR,1BA$1.18
The Berkley1 Bed 1 Bath B1BR,1BA$1.10
Bowman Heights ApartmentsA1 - Pine1BR,1BA$1.13

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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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 $725.

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

The lowest price for a Cheap One Bedroom Ward 5 Apartment is $669 at Dream Little Rock.

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 $769 at Dream Little Rock.

What is the most affordable Ward 5 Three Bedroom Apartment?

The best deal on a cheap Ward 5 Three Bedroom Apartment rental is at The Grove at Pleasant Valley Apartment Homes and starts from $1,276.

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.

Helpful Local Expert Guides

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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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