
Cheap Homes for Rent in the Ward 5 Neighborhood of Little Rock, AR from $899 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Ward 5 area of Little Rock.


508 Green Mountain Cir

1010 Nix Rd

503 Green Mountain Cir

12015 Rainwood Rd
Catfish, Crystals, and Culture: A Local Insider's Guide to Little Rock
Little Rock has big-city amenities, small-town charm, and some of the best catfish you'll ever eat. Let our local insider show you everything this underrated Arkansas city has to offer.

11621 Chipwood Dr

1115 Briar Creek Rd

13301 Kanis Rd

504 Shadow Ridge Dr

1801 Mesquite Cir
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
Ward 5, Little Rock, AR Local Guide

How much does it cost to rent a home in Ward 5?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ward 5 2 Bedroom Homes for Rent | $1,301 | $899 | $2,000 |
| Ward 5 3 Bedroom Homes for Rent | $2,051 | $1,200 | $3,100 |
| Ward 5 4 Bedroom Homes for Rent | $2,755 | $1,995 | $3,500 |
| Ward 5 5 Bedroom Homes for Rent | $2,600 | $2,600 | $2,600 |
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 3 mile radius of the Ward 5 Neighborhood of Little Rock, AR.
Explore Little Rock
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 Baker School Apartments priced from $625. Dream Little Rock has the second lowest priced unit, which is a 1 Bed apartment currently listed from $649. Here are the most affordable Ward 5 apartments for rent in Little Rock, AR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Baker School Apartments | 1 Beds, 1 Baths | 1BR,1BA | $625 |
| Dream Little Rock | A1P | 1BR,1BA | $649 |
| Bowman Heights Apartments | A1 - Pine | 1BR,1BA | $675 |
Best Value Apartments for Rent in Ward 5, AR
As of September 05, 2026 the best value apartment in the Ward 5 area is the $1.06 price per square foot 3 Bedroom Model at The Grove at Pleasant Valley Apartment Homes in the in the Ward 5 neighborhood starting from $1,310. The second greatest value Ward 5 apartment is the Model 2B Model at The Cedars at Wellington Lake starting at $1,240 with a $1.13 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 Grove at Pleasant Valley Apartment Homes | 3 Bedroom | 3BR,2BA | $1.06 |
| The Cedars at Wellington Lake | Model 2B | 2BR,2BA | $1.13 |
| Palisades at Chenal Valley | 1 Bedroom w/Bonus Room | 1BR,1BA | $1.14 |
| Capitol Hill | Meadowbrook | 2BR,2BA | $0.97 |
| Pleasant Woods | The Poplar | 2BR,2BA | $1.11 |
| Shadow Lake - Muse | Clay | 1BR,1BA | $1.15 |
| Turtle Creek - Lennox | Pine | 1BR,1BA | $1.21 |
| Northwest Hills Apartments | 1 Bedroom - Premium | 1BR,1BA | $1.24 |
| Bowman Heights Apartments | A1 - Pine - Renovated | 1BR,1BA | $1.24 |
| Residences at Overlook | The Mesa | 1BR,1BA | $1.24 |
Frequently Asked Questions about Ward 5
What type of rentals are currently available in Ward 5?
There are currently 56 Apartments for Rent in Ward 5, AR with pricing that ranges from $649 to $2,877. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ward 5 ranging from $899 to $3,500.
What is the current price range for Rental Homes in Ward 5?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Ward 5 ranges from $899 to $3,500 with an average monthly rent of $2,083.
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

Catfish, Crystals, and Culture: A Local Insider's Guide to Little Rock
Written by: Melissa Maxwell
I'm Melissa, your ApartmentHomeLiving.com Local Expert for Little Rock, Arkansas. My grandmother was from Little Rock. She went to North Little Rock High School. Yes, that North Little Rock High School.

A Guide to Working and Living in Little Rock: Major Companies and Charming Neighborhoods
Written by: Melissa Maxwell
I'm Melissa, your ApartmentHomeLiving.com Local Expert for Little Rock, Arkansas. Arkansas has a reputation as being a rather rural state. That isn't far from true.

Exploring Little Rock: A Students Guide on Where to Live Near Little Rock's Best Colleges
Written by: Melissa Maxwell
Alright! You got into college! The next four years are going to be super thrilling. Little Rock is a city with quite a checkered past.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.