Most Affordable Neighborhoods in Little Rock, AR
Some of the cheapest neighborhoods in Little Rock are Upper Baseline, Wakefield, 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 29, 2025, the average rent in Little Rock is $956, which is 0% 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.
Upper Baseline
Average Rent
$665/Month
Year-Over-Year Rent Change
2.4%
TransitScore® Rating
22/100
Units Available
33 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.
Wakefield
Average Rent
$691/Month
Year-Over-Year Rent Change
2.7%
TransitScore® Rating
21/100
Units Available
32 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.
Cloverdale Watson
Average Rent
$700/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
23/100
Units Available
26 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.
Reservoir
Average Rent
$743/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
24/100
Units Available
34 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.
Walnut Valley
Average Rent
$810/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
23/100
Units Available
80 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
$853/Month
Year-Over-Year Rent Change
2.4%
TransitScore® Rating
13/100
Units Available
47 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.
65th Street West
Average Rent
$862/Month
Year-Over-Year Rent Change
1.9%
TransitScore® Rating
16/100
Units Available
30 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.
Otter Creek Crystal
Average Rent
$898/Month
Year-Over-Year Rent Change
2.8%
TransitScore® Rating
10/100
Units Available
55 Rentals
Otter Creek Crystal is a top choice for budget-conscious renters for a variety of reasons. The average rent in Otter Creek Crystal is $898 while the city average is $956. This is a 2.8% difference from last year. Residents enjoy convenient access to Bill and Hillary Clinton Ntl/Adams Field, Philander Smith College, and UA Little Rock. The neighborhood is considered car-dependent with a WalkScore® of 35.
Cammack Village
Average Rent
$915/Month
Year-Over-Year Rent Change
2.1%
TransitScore® Rating
19/100
Units Available
28 Rentals
When you’re looking for a great Little Rock neighborhood on a budget, check out Cammack Village. The average rent is $915, compared to the city average of $956. Rent prices have increased by 2.1%. Cammack Village is convenient to Univ. of Ark. Medical Scis., Maple St & 6Th St, and Pavilion in the Park. The community is walkable with a WalkScore® of 73.
Midtown Little Rock
Average Rent
$1,004/Month
Year-Over-Year Rent Change
5.4%
TransitScore® Rating
11/100
Units Available
87 Rentals
Midtown Little Rock offers a mix of residential and commercial areas, with easy access to shopping, dining, and entertainment. Renters will appreciate the central location and the variety of housing options available. The neighborhood is perfect for those seeking a lively city lifestyle with suburban conveniences.
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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.