5400 Stanley Dr
Little RockAR72209
Cheap Apartments for Rent in the Wakefield Neighborhood of Little Rock, AR from $400 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Wakefield area of Little Rock.
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from $5851 to 2 Bedroom Apartments Available Now
Terra Vista Apartments
4811 Butler RdLittle Rock, AR 72209
5910 W 53rd St
Little RockAR72209
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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from $7001 to 3 Bedroom Apartments Available Now
Casona Apartments by Hampshire
6200 Colonel Glenn RdLittle Rock, AR 72204
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Wakefield - One of the Best Affordable Neighborhoods in Little Rock
Named as one of the Best Affordable Neighborhoods to rent in Little Rock by our Local Expert Melissa Maxwell. See how it ranks!
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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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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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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 1-16, Page 1 of 1
Wakefield, Little Rock, AR Local Guide
How much does it cost to rent an apartment in Wakefield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wakefield 1 Bedroom Apartments | $804 | $500 | $1,100 |
| Wakefield 2 Bedroom Apartments | $828 | $640 | $1,231 |
| Wakefield 3 Bedroom Apartments | $1,223 | $830 | $1,580 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Wakefield Neighborhood of Little Rock, AR.
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Wakefield, Little Rock, AR Local Guide
- Nearby Little Rock neighborhoods
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Cheapest Available Wakefield Apartments for Rent
The cheapest available apartment rental in the Wakefield area of Little Rock, AR is a 1 Bed unit found at Terra Vista Apartments priced from $585. Luxe 30 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here are the most affordable Wakefield apartments for rent in Little Rock, AR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Terra Vista Apartments | 1 Bedroom Large | 1BR,1BA | $585 |
| Luxe 30 | A1 | 1BR,1BA | $650 |
| Casona Apartments by Hampshire | One Bedroom | 1BR,1BA | $700 |
| Rosewood Apartments | 2.1 Renovated | 2BR,1BA | $710 |
| Woodridge Crossing | 1 Bedroom 1 Bathroom | 1BR,1BA | $775 |
Best Value Apartments for Rent in Wakefield, AR
As of May 12, 2025 the best value apartment in the Wakefield area is the $0.91 price per square foot Updated Promenade Model at Westbridge Apartments in the in the Ward 2 neighborhood starting from $1,000. The second greatest value Wakefield apartment is the 3 Bedroom 2 Bathroom Model at Woodridge Crossing starting at $1,300 with a $1.36 price per square foot in the Ward 7 neighborhood. Here is today’s list of the best values for Wakefield apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Westbridge Apartments | Updated Promenade | 2BR,1.5BA | $0.91 |
| Woodridge Crossing | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.36 |
| Summit at Town and Country | 3A- Sec 8 & LIHTC | 3BR,2BA | $1.67 |
| Rosewood Apartments | 2.1 Renovated | 2BR,1BA | $0.84 |
| Luxe 30 | A2 Upgraded | 1BR,1BA | $1.15 |
| South Oaks | 11BRR | 1BR,1BA | $1.21 |
| Summit at Geyer Springs | 1 Bedroom | 1BR,1BA | $1.27 |
| Casona Apartments by Hampshire | One Bedroom | 1BR,1BA | $1.13 |
| Village Green | 1 Bedroom | 1BR,1BA | $1.29 |
| Terra Vista Apartments | 1 Bedroom Large | 1BR,1BA | $1.07 |
Quick Rent Budget Calculator
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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.
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Pet Friendly Lifestyle
Ranked #
Pet Friendliness Lifestyle Score
Getting Around the Wakefield Neighborhood in Little Rock, AR
Walk Score®
44 / 100
Car-Dependent
Most errands require a car
Bike Score®
39 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
21 / 100
Minimal Transit
It may be possible to get on a bus
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 Wakefield Apartments
What is the price of a cheap apartment in Wakefield?
The cheapest apartment in Wakefield is Terra Vista Apartments which is listed at $585, while the average apartment in Wakefield costs $1,300.
What types of apartments are the cheapest in Wakefield?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 21 regular apartments in Wakefield that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Wakefield?
Cheap apartments in Wakefield have an average cost of $292 which is $1,008 cheaper than the average rent for all rentals in Wakefield.
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.
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.
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.
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.
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.