
Cheap Apartments for Rent in the Ward 5 Neighborhood of Little Rock, AR from $600 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in the Ward 5 area of Little Rock.


Residences At The Overlook

Bowman Heights Apartments

14707 Kanis Rd

Total Monthly Price
The Bentley Apartments

Fairfield

Dream Little Rock

Total Monthly Price
Pleasant Woods
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The Waters at Chenal Apartments

Napa Valley

Highland Pointe of West Little Rock

The Berkley

Landmark Apartments

Total Monthly Price
Muse

The Landings at Rock Creek Apartments

Total Monthly Price
Lennox
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The Vineyards at Napa Valley

Stonebridge at the Ranch

Westside Creek

Chenal Commons

Highline

The Grove at Pleasant Valley Apartment Homes

Arbors of Pleasant Valley

The Cedars at Wellington Lake
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Capitol Hill

Fitzroy Promenade

Pleasant Valley Pointe

The Lexington Apartments

508 Green Mountain Cir

Fitzroy at Chenal

Hampton Astoria

Renaissance Pointe
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Carrington Park

Palisades at Chenal Valley

PROSPER Pleasant Valley - Valley Crossing

Pleasant Ridge

Northwest Hills Apartments

601 Mimi Ln

Pinnacle Valley View Apartments

Green Mountain Apartments
Little Rock's Best Affordable Neighborhoods
Learn about Little Rock and the best places to live with original content written by Local Expert Melissa Maxwell

13301 Kanis Rd

508 Green Mountain Cir
Ward 5, Little Rock, AR Local Guide

How much does it cost to rent an apartment in Ward 5?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ward 5 Studio Apartments | $895 | $650 | $1,291 |
| Ward 5 1 Bedroom Apartments | $1,068 | $680 | $1,700 |
| Ward 5 2 Bedroom Apartments | $1,170 | $725 | $2,200 |
| Ward 5 3 Bedroom Apartments | $1,560 | $1,125 | $2,750 |
Browse Apartments in this Neighborhood
There are currently 42 rentals with your search options within a 3 mile radius of the Ward 5 Neighborhood of Little Rock, AR.
See all Apartments in Little RockExplore Little Rock
Ward 5, Little Rock, AR Local Guide
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Cheapest Available Ward 5 Apartments for Rent
 The cheapest available apartment rental in the Ward 5 area of Little Rock, AR is a Studio unit found at The Waterford Apartments priced from $650. Bowman Heights Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $685. Here are the most affordable Ward 5 apartments for rent in Little Rock, AR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Waterford Apartments | S1 - Waterford - Renovated | Studio,1BA | $650 |
| Bowman Heights Apartments | A1 - Pine | 1BR,1BA | $685 |
| Fairfield | Amber | 1BR,1BA | $725 |
| Residences At The Overlook | Two Bed with W/D Hook-ups- B1 | 2BR,1BA | $725 |
| Northwest Hills Apartments | 1 Bedroom - Original | 1BR,1BA | $740 |
| Dream Little Rock | A1D | 1BR,1BA | $764 |
| Pleasant Woods | The Birch | 1BR,1BA | $770 |
| Napa Valley | A1 | 1BR,1BA | $785 |
| Highland Pointe of West Little Rock | 1 Bed, 1 Bath | 1BR,1BA | $790 |
| Landmark Apartments | Sheraton | Studio,1BA | $800 |
Best Value Apartments for Rent in Ward 5, AR
As of February 26, 2026 the best value apartment in the Ward 5 area is the $1.12 price per square foot Antebellum Model at The Lexington Apartments in the in the Ward 5 neighborhood starting from $1,175. The second greatest value Ward 5 apartment is the 1x1 Model at Palisades at Chenal Valley starting at $1,185 with a $1.20 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Lexington Apartments | Antebellum | 3BR,2BA | $1.12 |
| Palisades at Chenal Valley | 1x1 | 1BR,1BA | $1.20 |
| Capitol Hill | Meadowbrook | 2BR,2BA | $1.00 |
| The Berkley | 2 Bed 2 Bath A | 2BR,2BA | $0.92 |
| Highline | 2 Bed 2 Bath Premuim | 2BR,2BA | $1.20 |
| The Grove at Pleasant Valley Apartment Homes | 1 Bedroom - Large | 1BR,1BA | $1.19 |
| Residences At The Overlook | Two Bed with W/D Hook-ups- B1 | 2BR,1BA | $0.84 |
| Muse | Clay | 1BR,1BA | $1.20 |
| Highland Pointe of West Little Rock | 1 Bed, 1 Bath | 1BR,1BA | $1.17 |
| Bowman Heights Apartments | A1 - Pine | 1BR,1BA | $1.14 |
Exploring Little Rock: A Student's Guide on Where to Live Near Little Rock's Best Colleges
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Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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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.
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 $685 at Bowman Heights Apartments.
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 $725 at Residences At The Overlook.
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 and starts from $1,125.
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.

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Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.