Cheap Homes for Rent in Ward 5 Neighborhood of Little Rock, AR from $700 (14 Rentals)

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

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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 Residences at the Overlook priced from $600. The Waterford Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $640. 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$640
The Bentley Apartments1 bed 1 bath w/wd in unit1BR,1BA$685
Bowman Heights ApartmentsA11BR,1BA$695
Little Rock I-008B1D2BR,1BA$729

Best Value Apartments for Rent in Ward 5, AR

As of September 11, 2025 the best value apartment in the Ward 5 area is the $1.04 price per square foot 3BD/ 2BA Model at Highline Apartments in the in the Ward 5 neighborhood starting from $1,200. The second greatest value Ward 5 apartment is the 504 Mimi Ln Model at 504 Mimi Ln starting at $1,149 with a $1.02 price per square foot in the Ward 6 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.
Highline Apartments3BD/ 2BA3BR,2BA$1.04
504 Mimi Ln504 Mimi Ln3BR,2BA$1.02
Highland Pointe of West Little RockC23BR,2BA$0.96
Palisades at ChenalHampton Court1BR,1BA$1.11
Capitol HillMeadowbrook2BR,2BA$1.01
LennoxElm2BR,1.5BA$1.07
Residences at the OverlookB12BR,1BA$1.10
Little Rock I-008B1D2BR,1.5BA$0.87
Grove at Pleasant ValleyA41BR,1BA$1.16
The Berkley1 Bed 1 Bath B1BR,1BA$1.03

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Pet Friendly Lifestyle
Ward 5, Little Rock, AR

Ranked #6

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Ward 5

What type of rentals are currently available in Ward 5?

There are currently 55 Apartments for Rent in Ward 5, AR with pricing that ranges from $600 to $2,509. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ward 5 ranging from $750 to $4,500.

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 $750 to $4,500 with an average monthly rent of $2,453.

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.

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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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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.