Most Affordable Neighborhoods in Little Rock, AR

Some of the cheapest neighborhoods in Little Rock are Cammack Village, Upper Baseline, 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 November 29, 2024, the average rent in Little Rock is $939, which is 1.1% 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.

Cammack Village

Average Rent

$676/Month

Year-Over-Year Rent Change

0.9%

TransitScore® Rating

19/100

Units Available

14 Rentals

Cammack Village is a top choice for budget-conscious renters for a variety of reasons. The average rent in Cammack Village is $676 while the city average is $939. This is a 0.9% difference from last year. Residents enjoy convenient access to Maple St & Broadway St, Pulaski Technical College, and Main St & Bishop Lindsey Ave. The neighborhood is considered walkable with a WalkScore® of 73.

Upper Baseline

Average Rent

$701/Month

Year-Over-Year Rent Change

3.3%

TransitScore® Rating

22/100

Units Available

54 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

$702/Month

Year-Over-Year Rent Change

1.8%

TransitScore® Rating

23/100

Units Available

50 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.

Wakefield

Average Rent

$716/Month

Year-Over-Year Rent Change

3.6%

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.

Oak Forest

Average Rent

$736/Month

Year-Over-Year Rent Change

5.1%

TransitScore® Rating

8/100

Units Available

13 Rentals

When you’re looking for a great Little Rock neighborhood on a budget, check out Oak Forest. The average rent is $736, compared to the city average of $939. Rent prices have increased by 5.1%. Oak Forest is convenient to UALR Place, Univ. of Ark. Medical Scis., and Little Rock Zoo. The community is car-dependent with a WalkScore® of 48.

Reservoir

Average Rent

$781/Month

Year-Over-Year Rent Change

2.4%

TransitScore® Rating

24/100

Units Available

38 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.

West Markham

Average Rent

$785/Month

Year-Over-Year Rent Change

2.7%

TransitScore® Rating

27/100

Units Available

26 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.

Walnut Valley

Average Rent

$834/Month

Year-Over-Year Rent Change

0.5%

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

$860/Month

Year-Over-Year Rent Change

3.1%

TransitScore® Rating

13/100

Units Available

61 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.

Otter Creek Crystal

Average Rent

$936/Month

Year-Over-Year Rent Change

0.4%

TransitScore® Rating

10/100

Units Available

34 Rentals

Otter Creek Crystal is an affordable neighborhood in Little Rock with an average rent price of $936. Compare this to the city average of $939. In the past year, rent prices have decreased by 0.4%. Otter Creek Crystal provides easy access to 2Nd St & Rock St, Bill and Hillary Clinton Ntl/Adams Field, and West Markham & Scott St - Marriott. It’s a car-dependent neighborhood with a WalkScore® of 35.

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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.