
Cheap Homes for Rent in the Ward 5 Neighborhood of Little Rock, AR from $800 (15 Rentals)
Search the lowest-cost Homes available for rent right now in the Ward 5 area of Little Rock.


508 Green Mountain Cir

508 Green Mountain Cir

422 Gamble Rd

518 Green Mountain Dr
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.

400 Atkins Rd

503 Green Mountain Cir

503 Green Mountain Cir

12015 Rainwood Rd

11621 Chipwood Dr
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Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

16320 Lamarche Dr

4 Oak Point Ct

11501 Cedar Springs Rd

14 Woodlore Cir

14 Woodlore Cir
A Guide to Working and Living in Little Rock: Major Companies and Charming Neighborhoods
Little Rock, Arkansas: Your essential guide to finding the perfect home, from charming historic areas to dense suburbs, all conveniently located near the city’s top employers.
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 | $1,192 | $879 | $1,500 |
| Ward 5 3 Bedroom Homes for Rent | $2,165 | $1,375 | $4,000 |
| Ward 5 4 Bedroom Homes for Rent | $2,487 | $1,850 | $3,800 |
Browse Homes for Rent in this Neighborhood
There are currently 15 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 Overlook priced from $650. 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 Overlook | The Mesa | 1BR,1BA | $650 |
| Bowman Heights Apartments | A1 - Pine | 1BR,1BA | $675 |
| The Waterford Apartments | S1 - Waterford | Studio,1BA | $680 |
| Baker School Apartments | 1 Beds, 1 Baths | 1BR,1BA | $695 |
| Dream Little Rock | A1P | 1BR,1BA | $714 |
Best Value Apartments for Rent in Ward 5, AR
As of July 22, 2026 the best value apartment in the Ward 5 area is the $1.24 price per square foot Iris Model at Shadow Lake - Muse in the in the Ward 5 neighborhood starting from $1,510. The second greatest value Ward 5 apartment is the Briarwood Model at Capitol Hill starting at $1,208 with a $1.05 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. |
|---|---|---|---|
| Shadow Lake - Muse | Iris | 3BR,2BA | $1.24 |
| Capitol Hill | Briarwood | 3BR,2BA | $1.05 |
| The Cedars at Wellington Lake | Model 2B | 2BR,2BA | $1.13 |
| Palisades at Chenal Valley | 1 Bedroom w/Bonus Room | 1BR,1BA | $1.11 |
| Highland Pointe of West Little Rock | 2 Bed, 2 Bath | 2BR,2BA | $1.14 |
| The Grove at Pleasant Valley Apartment Homes | 1 Bedroom - Medium | 1BR,1BA | $1.19 |
| Turtle Creek - Lennox | Pine | 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 Overlook | The Mesa | 1BR,1BA | $1.18 |
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 $675 to $2,750. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ward 5 ranging from $879 to $4,000.
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 $879 to $4,000 with an average monthly rent of $1,836.
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.

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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.

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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.

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.