Best Affordable Neighborhoods in Little Rock, AR
Some of the cheapest neighborhoods in Little Rock are Wakefield, Upper Baseline, and Cloverdale Watson. These neighborhoods offer some of the lowest rent prices in Little Rock, making them ideal for renters on a budget. As of April 28, 2026, the average rent in Little Rock is $965, which is 2.1% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Wakefield
Average Rent
$675/Month
Year-Over-Year Rent Change
2.5%
Units Available
53 Rentals
Wakefield is a quiet, residential neighborhood offering spacious homes and tree-lined streets. Residents appreciate the proximity to local parks, schools, and shopping centers. The area’s peaceful atmosphere and suburban charm make it a great place to live.
Upper Baseline
Average Rent
$698/Month
Year-Over-Year Rent Change
1.1%
Units Available
46 Rentals
Upper Baseline offers a quiet suburban atmosphere with easy access to major roads and local parks. Residents appreciate the affordable housing options and the proximity to shopping and dining along Baseline Road. The area is ideal for renters seeking a peaceful, residential neighborhood.
Cloverdale Watson
Average Rent
$744/Month
Year-Over-Year Rent Change
2.5%
Units Available
31 Rentals
Cloverdale Watson is known for its parks and proximity to local schools. Renters will enjoy the community-focused environment and convenient access to nearby shopping and dining options. The neighborhood provides a suburban feel with easy access to downtown Little Rock.
Oak Forest
Average Rent
$746/Month
Year-Over-Year Rent Change
1.8%
Units Available
18 Rentals
Oak Forest is an affordable neighborhood in Little Rock with an average rent price of $746. Compare this to the city average of $965. In the past year, rent prices have increased by 1.8%. Oak Forest provides easy access to 2Nd St & Rock St, UALR Place, and 2Nd St & Center St.
Reservoir
Average Rent
$749/Month
Year-Over-Year Rent Change
0.1%
Units Available
31 Rentals
Extending west from the Jackson Reservoir and the surrounding Reservoir Park, the Reservoir neighborhood provides a variety of outdoor activities, including fishing and hiking. To the north of the neighborhood, the Arkansas River is lined with parks and the Arkansas River Trail, a scenic trail for biking or walking. Residents can take I-630 to reach downtown Little Rock in about 10 minutes, making this an excellent location for both outdoor adventures and enjoying the shopping, dining, and entertainment in the city.
65th Street West
Average Rent
$761/Month
Year-Over-Year Rent Change
0.2%
Units Available
26 Rentals
Located about 10 miles southwest of downtown Little Rock, 65th Street West offers a quiet location and a quick commute. Nearby Colonel Glenn Road provides a variety of shops and restaurants for residents, and downtown’s entertainment is minutes away.
Walnut Valley
Average Rent
$800/Month
Year-Over-Year Rent Change
1%
Units Available
104 Rentals
Walnut Valley is a peaceful neighborhood offering a suburban feel with easy access to local schools and parks. Renters will appreciate the area’s close proximity to shopping and dining, as well as the quiet, family-friendly environment. The neighborhood is ideal for those seeking a tranquil place to call home.
River Mountain
Average Rent
$857/Month
Year-Over-Year Rent Change
3.7%
Units Available
60 Rentals
River Mountain is a scenic neighborhood known for its proximity to the Arkansas River and outdoor recreational activities. Renters will enjoy the beautiful views, hiking trails, and easy access to parks. The area is perfect for nature lovers seeking a suburban lifestyle with quick access to the outdoors.
Cammack Village
Average Rent
$877/Month
Year-Over-Year Rent Change
1.6%
Units Available
16 Rentals
If you’re looking for a great, affordable neighborhood in Little Rock, Cammack Village might be the perfect place! It has an average rent price of $877, while the city’s average stands at $965. In the last year, prices have increased by 1.6%. Cammack Village is near Bill and Hillary Clinton Ntl/Adams Field, West Markham St & Spring St, and Tanglewood Center.
Heights
Average Rent
$927/Month
Year-Over-Year Rent Change
2.2%
Units Available
43 Rentals
Heights is a top choice for budget-conscious renters for a variety of reasons. The average rent in Heights is $927 while the city average is $965. This is a 2.2% difference from last year. Residents enjoy convenient access to Heights Center, Country Club Station, and UA Little Rock.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.