Cheap Apartments for Rent in the Downtown Neighborhood of Little Rock, AR from $500 (33 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 518 E 7th St

518 E 7th St

Little RockAR72202
property at 117 Daisy Bates

117 Daisy Bates

Little RockAR72202
property at 1401 Scott St

1401 Scott St

Little RockAR72202
close
View Me
Westside Lofts
1 to 2 Bedroom Apartments

Westside Lofts

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

Tuf Nut Lofts

423 E 3rd StLittle Rock, AR 72201
  • Utilities Included
close
View Me
608-612 E 7th St
1 Bedroom Apartments

608-612 E 7th St

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

The Clayton on Scott

915 Scott StLittle Rock, AR 72202
  • Utilities Included
close
View Me
1401 Scott St
1 to 2 Bedroom Apartments

1401 Scott St

1401 Scott StLittle Rock, AR 72202
  • Utilities Included
close
View Me
Parkplace Apartments
1 to 2 Bedroom Apartments

Parkplace Apartments

916 Commerce StLittle Rock, AR 72202
  • Utilities Included
Showing Results 1-33, Page 1 of 1

Downtown, Little Rock, AR Local Guide

Cheapest Available Downtown Apartments for Rent

 

The cheapest available apartment rental in the Downtown area of Little Rock, AR is a 1 Bed unit found at Residences at Gracie Mansion priced from $800. River Market Flats has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here are the most affordable Downtown apartments for rent in Little Rock, AR:

Apartment ListingModel NameBed/BathPriced From
Residences at Gracie MansionOne Bedroom1BR,1BA$800
River Market FlatsRMF#29Studio,1BA$850
Rock Street Loft Apartments#2021BR,1BA$870
Eastside Lofts Apartments Phase II1x1 - 4981BR,1BA$886
Riverside at Rockwater1 Bed, 1 Bath1BR,1BA$922
Block 2 LoftsW A11BR,1BA$930
MetropolitanMetro1BR,1BA$956
Riverhouse ApartmentsS1Studio,1BA$1,048
River Market LoftsRiver Market Lofts1BR,1BA$1,100

Best Value Apartments for Rent in Downtown, AR

As of March 22, 2025 the best value apartment in the Downtown area is the $0.89 price per square foot B2D Townhome Model at Prosper Riverdale in the in the State University neighborhood starting from $1,400. The second greatest value Downtown apartment is the 2001 Center St Model at 2001 Center St, Unit 3 starting at $1,095 with a $1.04 price per square foot in the Ward 1 neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Prosper RiverdaleB2D Townhome2BR,2BA$0.89
2001 Center St, Unit 32001 Center St1BR,1BA$1.04
The Flats at SomaThe Hillcrest1BR,1BA$1.60
EPH 36, LLC (MacArthur Commons Apartments)1BR/1.0BA1BR,1BA$1.37
1 Bed 1 Bath Luxury Energy Efficient Townhomes1 Bed 1 Bath 782 SQFT (Live on Parker)1BR,1BA$1.53
Rock Street Loft Apartments#2152BR,1BA$1.34
MetropolitanMetro1BR,1BA$1.38
Riverside at Rockwater1 Bed, 1 Bath1BR,1BA$1.37
River Market LoftsRiver Market Lofts1BR,1BA$1.67
Residences at Gracie MansionOne Bedroom1BR,1BA$1.27

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Downtown, Little Rock, AR

Ranked #9

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Downtown Apartments

What is the Cheapest Studio apartment in Downtown?

Currently the most affordable Cheap Studio Apartment in Downtown is at River Market Flats listed at $850.

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

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

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

Today's best deal for a Cheap Two Bedroom Apartment in Downtown is starting from $975 at Rock Street Loft Apartments.

What is the most affordable Downtown Three Bedroom Apartment?

The best deal on a cheap Downtown Three Bedroom Apartment rental is at Rock Street Loft Apartments and starts from $1,755.

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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.