Cheapest Neighborhoods in Little Rock, AR
Some of the cheapest neighborhoods in Little Rock are Meriwether, 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 July 27, 2026, the average rent in Little Rock is $958, which is 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.
Meriwether
Average Rent
$706/Month
Units Available
14 Rentals
Meriwether is an affordable neighborhood in Little Rock with an average rent price of $706. Compare this to the city average of $958.
Wakefield
Average Rent
$735/Month
Year-Over-Year Rent Change
2.6%
Units Available
28 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
$738/Month
Year-Over-Year Rent Change
0.6%
Units Available
30 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
$741/Month
Year-Over-Year Rent Change
1.2%
Units Available
27 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
$746/Month
Year-Over-Year Rent Change
0.3%
Units Available
22 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.
Oak Forest
Average Rent
$748/Month
Year-Over-Year Rent Change
0.2%
Units Available
17 Rentals
If you’re looking for a great, affordable neighborhood in Little Rock, Oak Forest might be the perfect place! It has an average rent price of $748, while the city’s average stands at $958. In the last year, prices have increased by 0.2%. Oak Forest is near Broadmoor Shopping Center, Central High School National Historic Site, and 2Nd St & Rock St.
Curran - Conway
Average Rent
$748/Month
Units Available
17 Rentals
Curran - Conway is a top choice for budget-conscious renters for a variety of reasons. The average rent in Curran - Conway is $748 while the city average is $958.
Sturbridge
Average Rent
$768/Month
Units Available
14 Rentals
When you’re looking for a great Little Rock neighborhood on a budget, check out Sturbridge. The average rent is $768, compared to the city average of $958.
Leawood Manor
Average Rent
$779/Month
Units Available
11 Rentals
Leawood Manor is an affordable neighborhood in Little Rock with an average rent price of $779. Compare this to the city average of $958.
Winston
Average Rent
$780/Month
Units Available
17 Rentals
If you’re looking for a great, affordable neighborhood in Little Rock, Winston might be the perfect place! It has an average rent price of $780, while the city’s average stands at $958.
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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.