Best Affordable Neighborhoods in Little Rock, AR
Some of the cheapest neighborhoods in Little Rock are Geyer Springs, Wakefield, and Upper Baseline. These neighborhoods offer some of the lowest rent prices in Little Rock, making them ideal for renters on a budget. As of January 27, 2026, the average rent in Little Rock is $954, which is 0.8% 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.
Geyer Springs
Average Rent
$614/Month
TransitScore® Rating
21/100
Units Available
12 Rentals
Geyer Springs is an affordable neighborhood in Little Rock with an average rent price of $614. Compare this to the city average of $954. Geyer Springs provides easy access to West Markham St & Spring St, Central High School National Historic Site, and Philander Smith College. It’s a car-dependent neighborhood with a WalkScore® of 42.
Wakefield
Average Rent
$649/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
21/100
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
$666/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
22/100
Units Available
48 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
$714/Month
TransitScore® Rating
21/100
Units Available
11 Rentals
If you’re looking for a great, affordable neighborhood in Little Rock, Meriwether might be the perfect place! It has an average rent price of $714, while the city’s average stands at $954. Meriwether is near Museum of Discovery, Pulaski Technical College, and Little Rock Zoo.
Cloverdale Watson
Average Rent
$726/Month
Year-Over-Year Rent Change
2%
TransitScore® Rating
23/100
Units Available
20 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.
Cloverdale
Average Rent
$739/Month
TransitScore® Rating
23/100
Units Available
20 Rentals
Cloverdale is a top choice for budget-conscious renters for a variety of reasons. The average rent in Cloverdale is $739 while the city average is $954. Residents enjoy convenient access to 2Nd St & Center St, Colony South Shopping Center, and 2Nd St & Rock St. The neighborhood is considered somewhat walkable with a WalkScore® of 62.
Oak Forest
Average Rent
$751/Month
Year-Over-Year Rent Change
1.5%
TransitScore® Rating
29/100
Units Available
21 Rentals
When you’re looking for a great Little Rock neighborhood on a budget, check out Oak Forest. The average rent is $751, compared to the city average of $954. Rent prices have increased by 1.5%. Oak Forest is convenient to West Markham St & Spring St, Little Rock Audubon Center, and Central High School National Historic Site. The community is somewhat walkable with a WalkScore® of 51.
Sturbridge
Average Rent
$772/Month
TransitScore® Rating
23/100
Units Available
26 Rentals
Sturbridge is an affordable neighborhood in Little Rock with an average rent price of $772. Compare this to the city average of $954. Sturbridge provides easy access to Central Arkansas Nature Center, Maple St & 6Th St, and West Markham St & Spring St. It’s a somewhat walkable neighborhood with a WalkScore® of 51.
Reservoir
Average Rent
$775/Month
TransitScore® Rating
24/100
Units Available
28 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
$792/Month
Year-Over-Year Rent Change
2.4%
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.
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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.