Cheap Homes for Rent in Little Rock, AR from $500 (203 Rentals)

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property at 5700 B St

5700 B St

Little RockAR72205
property at 7500 Knollwood Rd

7500 Knollwood Rd

Little RockAR72209

Little Rock, AR Local Guide

Cheapest Neighborhoods for Apartments in Little Rock, AR

Pricing Updated: 04/26/2025

Current apartment rentals in the Little Rock, AR area range in price from $450 to $5,889 with an overall median price of $1,733. The three Little Rock neighborhoods with the lowest median rent pricing are Little Rock Air Force Base at $450, Cloverdale Watson at $450, and Conway at $550. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Little Rock Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Little Rock Air Force Base$1,050$45023
Cloverdale Watson$1,300$45075
Conway$1,300$550117
Wakefield$1,300$50079
River Mountain$1,417$645135
Reservoir$1,457$505192
Boyle Park$1,470$585138
65th Street West$1,480$65058
Chicot West I 30 South$1,480$765164
Otter Creek Crystal$1,480$765115

Cheapest Available Little Rock Apartments for Rent

 

The cheapest available apartment rental in Little Rock, AR is a Studio unit found at Augusta Place in the Jacksonville Sherwood neighborhood priced from $485. Park Heights Apartments in the Ward 3 neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $505. Here is today’s list of the most affordable Little Rock apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Augusta PlaceStudio SmallStudio,1BA$485
Park Heights Apartments1 Bedroom1BR,1BA$505
Terra Vista Apartments1 Bedroom Large1BR,1BA$585
The Bentley Apartments1 bed 1 bath w/wd in unit1BR,1BA$645
Towne Oaks ApartmentsA11BR,1BA$645
Luxe 30A11BR,1BA$650
Oakwood Place ApartmentsOriginal Floor Plan1BR,1BA$650
South Oaks11BPU1BR,1BA$675

Best Value Apartments for Rent in Little Rock, AR

As of April 26, 2025 the best value apartment in the Little Rock area is the $0.91 price per square foot 2030 Nichols Rd Model at 2030 Nichols Rd, Unit B in the in the Ward 6 neighborhood starting from $2,100. The second greatest value Little Rock apartment is the Updated Promenade Model at Westbridge Apartments starting at $1,000 with a $0.91 price per square foot in the Ward 2 neighborhood. Here is today’s list of the best values for Little Rock apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2030 Nichols Rd, Unit B2030 Nichols Rd4BR,2BA$0.91
Westbridge ApartmentsUpdated Promenade2BR,1.5BA$0.91
2105 E Washington Ave, Unit A2105 E Washington Ave3BR,1BA$0.59
The Retreat of Maumelle2 bed 2 bath2BR,2BA$0.84
Wilmington Apartments2B2BR,2BA$0.94
Rosewood Apartments2.12BR,1BA$0.84
1922 W Short 17th St, Unit 21922 W Short 17th St2BR,1BA$0.70
Park Heights Apartments2 BR, Townhome-W/D in Unit2BR,1.5BA$0.89
Sherwood Park (new)2X1 B2BR,1BA$0.92
De Soto Park Apartments1BRx1BA - 736 SQ FT1BR,1BA$0.95

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Frequently Asked Questions about Little Rock

What type of rentals are currently available in Little Rock?

There are currently 646 Apartments for Rent in Little Rock, AR with pricing that ranges from $450 to $5,889. There are also 378 Single Family Homes for rent, Condos, and Townhome rentals currently available in Little Rock ranging from $595 to $6,000.

What is the current price range for Rental Homes in Little Rock?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Little Rock ranges from $595 to $6,000 with an average monthly rent of $1,517.

How much are larger Three and Four Bedroom Rentals in Little Rock?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Little Rock range from $650 to $5,889, while Three Bedroom Homes, Condos, and Townhomes for rent range from $695 to $4,500. Four Bedroom Single-Family rentals are also available starting from $800 and Four Bedroom Apartments start at $1,295.

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.

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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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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.