Cheap Apartments for Rent in the Downtown Neighborhood of Little Rock, AR from $400 (26 Rentals)

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

property at 117 Daisy Bates

117 Daisy Bates

Little RockAR72202
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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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Showing Results 1-26, 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 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 apartments for rent in Little Rock, AR:

Apartment ListingModel NameBed/BathPriced From
McGowan FlatsStudio - FurnishedStudio,1BA$795
Residences at Gracie MansionOne Bedroom1BR,1BA$800
Prosper RiverdaleA1L1BR,1BA$809
River Market FlatsRMF#29Studio,1BA$850
Block 2 LoftsB A11BR,1BA$875
MetropolitanMetro1BR,1BA$875
Eastside Lofts Apartments Phase II1x1 - 4981BR,1BA$886
The Flats at SomaThe Henry1BR,1BA$930
Rock Street Loft Apartments#2152BR,1BA$975
The Pointe North HillsSapphire1BR,1BA$991

Best Value Apartments for Rent in Downtown, AR

As of April 12, 2025 the best value apartment in the Downtown 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 apartment is the B1 Model at Riverhouse Apartments starting at $1,660 with a $1.56 price per square foot in the State University 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.
1415 Center St, Unit 41415 Center St2BR,2BA$1.41
Riverhouse ApartmentsB12BR,2BA$1.56
EPH 36, LLC (MacArthur Commons Apartments)1BR/1.0BA1BR,1BA$1.35
MetropolitanJava1BR,1BA$1.36
1 Bed 1 Bath Luxury Energy Efficient Townhomes1 Bed 1 Bath 782 SQFT (Live on Parker)1BR,1BA$1.53
Riverside at Rockwater1 Bed, 1 Bath1BR,1BA$1.38
Rock Street Loft Apartments#2152BR,1BA$1.34
Residences at Gracie MansionOne Bedroom1BR,1BA$1.27
The Flats at SomaThe Henry1BR,1BA$1.48
Prosper RiverdaleA1L1BR,1BA$1.47

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Pet Friendly Lifestyle
Downtown, Little Rock, AR

Ranked #11

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 McGowan Flats listed at $795.

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 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 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.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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.

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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.