Cheap Apartments for Rent in the Downtown Little Rock Neighborhood of Little Rock, AR from $500 (34 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Little Rock area of Little Rock.

property at 111 Barton St

111 Barton St

Little RockAR72205

Little Rock's Best Affordable Neighborhoods

Learn about Little Rock and the best places to live with original content written by Local Expert Melissa Maxwell

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property at 117 Daisy Bates

117 Daisy Bates

Little RockAR72202
property at 1 Coolwood Dr

1 Coolwood Dr

Little RockAR72202
property at 1501 W 22nd St

1501 W 22nd St

Little RockAR72202
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Barton Oaks Apartments
1 to 2 Bedroom Apartments

Barton Oaks Apartments

107 Barton StLittle Rock, AR 72205
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Westside Lofts
1 to 2 Bedroom Apartments

Westside Lofts

1300 Childrens WayLittle Rock, AR 72202
  • Utilities Included
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Tuf Nut Lofts
2 Bedroom Apartments

Tuf Nut Lofts

423 E 3rd StLittle Rock, AR 72201
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608-612 E 7th St
1 Bedroom Apartments

608-612 E 7th St

608-612 E 7th StLittle Rock, AR 72202
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The Clayton on Scott
1 Bedroom Apartments

The Clayton on Scott

915 Scott StLittle Rock, AR 72202
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Lofts at Soma
1 to 2 Bedroom Apartments

Lofts at Soma

1401 Scott StLittle Rock, AR 72202
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Parkplace Apartments
1 to 2 Bedroom Apartments

Parkplace Apartments

916 Commerce StLittle Rock, AR 72202
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Showing Results 1-34, Page 1 of 1

Downtown Little Rock, Little Rock, AR Local Guide

Cheapest Available Downtown Little Rock Apartments for Rent

 

The cheapest available apartment rental in the Downtown Little Rock area of Little Rock, AR is a Studio unit found at McGowan Flats priced from $795. Residences at Gracie Mansion has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Downtown Little Rock apartments for rent in Little Rock, AR:

Apartment ListingModel NameBed/BathPriced From
McGowan FlatsStudio - FurnishedStudio,1BA$795
Residences at Gracie MansionOne Bedroom1BR,1BA$800
River Market FlatsRMF#29Studio,1BA$850
Prosper RiverdaleA2P1BR,1BA$899
Block 2 LoftsW A11BR,1BA$935
The Flats at SomaThe Daly1BR,1BA$950
The Pointe North HillsSapphire1BR,1BA$974
Rock Street Loft Apartments#2152BR,1BA$975
River Market LoftsRiver Market Lofts1BR,1BA$999
MetropolitanMetro1BR,1BA$1,010

Best Value Apartments for Rent in Downtown Little Rock, AR

As of May 10, 2025 the best value apartment in the Downtown Little Rock area is the $1.41 price per square foot 1415 Center St Model at 1415 Center St, Unit 4 in the in the State University neighborhood starting from $1,550. The second greatest value Downtown Little Rock apartment is the A4 Model at Riverhouse Apartments starting at $1,285 with a $1.50 price per square foot in the State University neighborhood. Here is today’s list of the best values for Downtown Little Rock apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1415 Center St, Unit 41415 Center St2BR,2BA$1.41
Riverhouse ApartmentsA41BR,1BA$1.50
EPH 36, LLC (MacArthur Commons Apartments)1BR/1.0BA1BR,1BA$1.32
1 Bed 1 Bath Luxury Energy Efficient Townhomes1 Bed 1 Bath 782 SQFT (Live on Parker)1BR,1BA$1.53
Thrive ArgentaA21BR,1BA$1.60
Rock Street Loft Apartments#2152BR,1BA$1.34
Residences at Gracie Mansion2B1B2BR,1BA$1.30
MetropolitanMetro1BR,1BA$1.45
Prosper RiverdaleA2P1BR,1BA$1.32
River Market LoftsRiver Market Lofts1BR,1BA$1.51

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Pet Friendly Lifestyle
Downtown Little Rock, Little Rock, AR

Ranked #11

Among neighborhoods in Little Rock, AR for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Downtown Little Rock, Little Rock, AR

School data provided by Great Schools

Getting Around the Downtown Little Rock Neighborhood in Little Rock, AR

Walk Score®

71 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

59 / 100

Bikeable

Some bike infrastructure

Transit Score®

47 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Downtown Little Rock Apartments

What is the Cheapest Studio apartment in Downtown Little Rock?

Currently the most affordable Cheap Studio Apartment in Downtown Little Rock is at McGowan Flats listed at $795.

How much is rent for a Cheap One Bedroom Downtown Little Rock Apartment?

The lowest price for a Cheap One Bedroom Downtown Little Rock Apartment is $800 at Residences at Gracie Mansion.

What is the lowest price for a Cheap Two Bedroom Downtown Little Rock Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Little Rock is starting from $936 at Residences at Gracie Mansion.

What is the most affordable Downtown Little Rock Three Bedroom Apartment?

The best deal on a cheap Downtown Little Rock Three Bedroom Apartment rental is at Prosper Riverdale and starts from $1,290.

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.

decorative image for Exploring the Best Affordable Neighborhoods in Little Rock: Finding Your Perfect Place article

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.