Most Affordable Neighborhoods in Little Rock, AR
Some of the cheapest neighborhoods in Little Rock are Upper Baseline, Wakefield, and Meriwether. These neighborhoods offer some of the lowest rent prices in Little Rock, making them ideal for renters on a budget. As of July 29, 2025, the average rent in Little Rock is $951, which is 0.9% 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
$641/Month
Year-Over-Year Rent Change
1.4%
TransitScore® Rating
22/100
Units Available
55 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
$643/Month
Year-Over-Year Rent Change
7.8%
TransitScore® Rating
21/100
Units Available
58 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.
Meriwether
Average Rent
$682/Month
TransitScore® Rating
21/100
Units Available
12 Rentals
Meriwether is a top choice for budget-conscious renters for a variety of reasons. The average rent in Meriwether is $682 while the city average is $951. Residents enjoy convenient access to Westgate Shopping Center, Maple St & Broadway St, and Main St & Bishop Lindsey Ave. The neighborhood is considered walkable with a WalkScore® of 78.
Cloverdale Watson
Average Rent
$704/Month
Year-Over-Year Rent Change
0.1%
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.
Cloverdale
Average Rent
$704/Month
TransitScore® Rating
23/100
Units Available
26 Rentals
When you’re looking for a great Little Rock neighborhood on a budget, check out Cloverdale. The average rent is $704, compared to the city average of $951. Cloverdale is convenient to Philander Smith College, West Markham St & Spring St, and Central High School National Historic Site. The community is somewhat walkable with a WalkScore® of 62.
Sturbridge
Average Rent
$749/Month
TransitScore® Rating
23/100
Units Available
22 Rentals
Sturbridge is an affordable neighborhood in Little Rock with an average rent price of $749. Compare this to the city average of $951. Sturbridge provides easy access to Maple St & Broadway St, Sturbridge Shopping Center, and UA Little Rock. It’s a somewhat walkable neighborhood with a WalkScore® of 51.
Reservoir
Average Rent
$754/Month
Year-Over-Year Rent Change
0.5%
TransitScore® Rating
24/100
Units Available
24 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
$757/Month
Year-Over-Year Rent Change
2.6%
TransitScore® Rating
8/100
Units Available
19 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 $757, while the city’s average stands at $951. In the last year, prices have increased by 2.6%. Oak Forest is near Little Rock Zoo, UALR Place, and 2Nd St & Rock St.
Curran - Conway
Average Rent
$757/Month
TransitScore® Rating
30/100
Units Available
19 Rentals
Curran - Conway is a top choice for budget-conscious renters for a variety of reasons. The average rent in Curran - Conway is $757 while the city average is $951. Residents enjoy convenient access to Little Rock Zoo, West Markham & Scott St - Marriott, and Central Arkansas Nature Center. The neighborhood is considered somewhat walkable with a WalkScore® of 58.
Walnut Valley
Average Rent
$775/Month
TransitScore® Rating
23/100
Units Available
93 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.
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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.