
Cheap Homes for Rent in Ward 5 Neighborhood of Little Rock, AR from $1,000 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Ward 5 area of Little Rock.


508 Green Mountain Cir

503 Green Mountain Cir

503 Green Mountain Cir

1801 Mesquite Cir

1801 Mesquite Cir
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.

11020 Birchwood Dr

24 Wagon Wheel Ct

20 Wagon Wheel Ct

9 Point W Cir

20 Wagon Wheel Ct

220 Gamble Rd
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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.

220 Gamble Rd
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 | $1,314 | $1,060 | $1,850 |
| Ward 5 3 Bedroom Homes for Rent | $1,896 | $1,500 | $3,600 |
| Ward 5 4 Bedroom Homes for Rent | $2,681 | $1,500 | $4,200 |
| Ward 5 5 Bedroom Homes for Rent | $3,897 | $3,795 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 13 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 Residences At The Overlook priced from $654. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Residences At The Overlook | One Bed- A1 | 1BR,1BA | $654 |
| Bowman Heights Apartments | A1 - Pine | 1BR,1BA | $675 |
| Dream Little Rock | A1P | 1BR,1BA | $689 |
| The Waterford Apartments | S1 - Waterford - Renovated | Studio,1BA | $725 |
| Northwest Hills Apartments | 1 Bedroom - Original | 1BR,1BA | $740 |
Best Value Apartments for Rent in Ward 5, AR
As of April 21, 2026 the best value apartment in the Ward 5 area is the $1.20 price per square foot Iris Model at Muse in the in the Ward 5 neighborhood starting from $1,465. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Muse | Iris | 3BR,2BA | $1.20 |
| The Lexington Apartments | Antebellum | 3BR,2BA | $1.23 |
| Westside Creek | Blanchard | 2BR,1.5BA | $1.22 |
| Capitol Hill | Meadowbrook | 2BR,2BA | $1.15 |
| The Berkley | 1 Bed 1 Bath C | 1BR,1BA | $0.98 |
| Lennox | Pine | 1BR,1BA | $1.21 |
| Highland Pointe of West Little Rock | 1 Bed, 1 Bath | 1BR,1BA | $1.21 |
| Northwest Hills Apartments | 1 Bedroom - Premium | 1BR,1BA | $1.24 |
| Bowman Heights Apartments | A1 - Pine | 1BR,1BA | $1.13 |
| Residences At The Overlook | One Bed- A1 | 1BR,1BA | $1.19 |
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 $654 to $2,750. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ward 5 ranging from $1,060 to $4,200.
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 $1,060 to $4,200 with an average monthly rent of $2,447.
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.