
Cheap Studio Apartments for Rent in the Ward 5 Neighborhood of Little Rock, AR from $650 (3 Rentals)

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.

Landmark Apartments
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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.

Fitzroy at Chenal
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 | $930 | $650 | $1,312 |
| Ward 5 1 Bedroom Apartments | $1,043 | $650 | $1,692 |
| Ward 5 2 Bedroom Apartments | $1,216 | $800 | $2,200 |
| Ward 5 3 Bedroom Apartments | $1,612 | $1,179 | $2,750 |
Explore Little Rock
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 $650 at The Waterford 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 $650 at The Waterford Apartments.
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 Waterford Apartments and starts from $650.
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.