Cheap Homes for Rent in Ward 5 Neighborhood of Little Rock, AR from $1,000 (13 Rentals)

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

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.

property at 11020 Birchwood Dr

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

4 Bedroom, 2 Bath Home for Rent

Available Jun 15

11020 Birchwood Dr

Little RockAR72211

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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 ListingModel NameBed/BathPriced From
Residences At The OverlookOne Bed- A11BR,1BA$654
Bowman Heights ApartmentsA1 - Pine1BR,1BA$675
Dream Little RockA1P1BR,1BA$689
The Waterford ApartmentsS1 - Waterford - RenovatedStudio,1BA$725
Northwest Hills Apartments1 Bedroom - Original1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
MuseIris3BR,2BA$1.20
The Lexington ApartmentsAntebellum3BR,2BA$1.23
Westside CreekBlanchard2BR,1.5BA$1.22
Capitol HillMeadowbrook2BR,2BA$1.15
The Berkley1 Bed 1 Bath C1BR,1BA$0.98
LennoxPine1BR,1BA$1.21
Highland Pointe of West Little Rock1 Bed, 1 Bath1BR,1BA$1.21
Northwest Hills Apartments1 Bedroom - Premium1BR,1BA$1.24
Bowman Heights ApartmentsA1 - Pine1BR,1BA$1.13
Residences At The OverlookOne Bed- A11BR,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

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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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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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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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.