Most Affordable Neighborhoods in Little Rock, AR
Some of the cheapest neighborhoods in Little Rock are Wakefield, Upper Baseline, and Meriwether. These neighborhoods offer some of the lowest rent prices in Little Rock, making them ideal for renters on a budget. As of October 28, 2025, the average rent in Little Rock is $946, which is 0.1% 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
$666/Month
Year-Over-Year Rent Change
6.4%
TransitScore® Rating
21/100
Units Available
49 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
$671/Month
Year-Over-Year Rent Change
1.4%
TransitScore® Rating
22/100
Units Available
52 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.
Meriwether
Average Rent
$687/Month
TransitScore® Rating
21/100
Units Available
13 Rentals
Meriwether is a top choice for budget-conscious renters for a variety of reasons. The average rent in Meriwether is $687 while the city average is $946. Residents enjoy convenient access to Pulaski Technical College, Maple St & Broadway St, and UA Little Rock. The neighborhood is considered walkable with a WalkScore® of 78.
West Markham
Average Rent
$720/Month
Year-Over-Year Rent Change
1.4%
TransitScore® Rating
27/100
Units Available
13 Rentals
As one of Little Rock’s most popular neighborhoods, West Markham provides it all: location, beauty, and tranquility. Downtown Little Rock is just 15 minutes away, and you’ll find the University of Arkansas at Little Rock roughly four miles southeast. Nearby shops and restaurants make this neighborhood convenient, as well. Residents can relax in Weedman Park or Butler Park, both located in the neighborhood, or head north to the parks that line the nearby Arkansas River and hike or bike the Arkansas River Trail.
Treasure Hills
Average Rent
$720/Month
Units Available
13 Rentals
When you’re looking for a great Little Rock neighborhood on a budget, check out Treasure Hills. The average rent is $720, compared to the city average of $946. Treasure Hills is convenient to Museum of Discovery, Maple St & 6Th St, and Treasure Hill Center.
Cloverdale Watson
Average Rent
$748/Month
Year-Over-Year Rent Change
1.8%
TransitScore® Rating
23/100
Units Available
21 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.
Sturbridge
Average Rent
$748/Month
TransitScore® Rating
23/100
Units Available
29 Rentals
Sturbridge is an affordable neighborhood in Little Rock with an average rent price of $748. Compare this to the city average of $946. Sturbridge provides easy access to Philander Smith College, Williamsburg Row, and Shoppes at Rodney Parham. It’s a somewhat walkable neighborhood with a WalkScore® of 51.
Cloverdale
Average Rent
$750/Month
TransitScore® Rating
23/100
Units Available
23 Rentals
If you’re looking for a great, affordable neighborhood in Little Rock, Cloverdale might be the perfect place! It has an average rent price of $750, while the city’s average stands at $946. Cloverdale is near Central Arkansas Nature Center, Little Rock Zoo, and UA Little Rock.
Reservoir
Average Rent
$751/Month
Year-Over-Year Rent Change
2%
TransitScore® Rating
24/100
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.
Curran - Conway
Average Rent
$760/Month
TransitScore® Rating
30/100
Units Available
18 Rentals
Curran - Conway is a top choice for budget-conscious renters for a variety of reasons. The average rent in Curran - Conway is $760 while the city average is $946. Residents enjoy convenient access to 2Nd St & Rock St, Univ. of Ark. Medical Scis., and UA Little Rock. The neighborhood is considered somewhat walkable with a WalkScore® of 58.
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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.