Most Affordable Neighborhoods in Little Rock, AR

Some of the cheapest neighborhoods in Little Rock are Upper Baseline, Wakefield, 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 April 28, 2025, the average rent in Little Rock is $956, which is 0% 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

$665/Month

Year-Over-Year Rent Change

2.4%

TransitScore® Rating

22/100

Units Available

33 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

$691/Month

Year-Over-Year Rent Change

2.7%

TransitScore® Rating

21/100

Units Available

32 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.

Cloverdale Watson

Average Rent

$700/Month

Year-Over-Year Rent Change

0.6%

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.

Reservoir

Average Rent

$743/Month

Year-Over-Year Rent Change

1.3%

TransitScore® Rating

24/100

Units Available

34 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.

Walnut Valley

Average Rent

$810/Month

Year-Over-Year Rent Change

1%

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

$853/Month

Year-Over-Year Rent Change

2.4%

TransitScore® Rating

13/100

Units Available

47 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.

65th Street West

Average Rent

$862/Month

Year-Over-Year Rent Change

1.9%

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.

Otter Creek Crystal

Average Rent

$898/Month

Year-Over-Year Rent Change

2.8%

TransitScore® Rating

10/100

Units Available

55 Rentals

Otter Creek Crystal is an affordable neighborhood in Little Rock with an average rent price of $898. Compare this to the city average of $956. In the past year, rent prices have increased by 2.8%. Otter Creek Crystal provides easy access to Philander Smith College, Pulaski Technical College, and 2Nd St & Scott St. It’s a car-dependent neighborhood with a WalkScore® of 35.

Cammack Village

Average Rent

$915/Month

Year-Over-Year Rent Change

2.1%

TransitScore® Rating

19/100

Units Available

28 Rentals

If you’re looking for a great, affordable neighborhood in Little Rock, Cammack Village might be the perfect place! It has an average rent price of $915, while the city’s average stands at $956. In the last year, prices have increased by 2.1%. Cammack Village is near Maple St & Broadway St, Pavilion in the Park, and Maple St & 6Th St.

Midtown Little Rock

Average Rent

$1,004/Month

Year-Over-Year Rent Change

5.4%

TransitScore® Rating

11/100

Units Available

87 Rentals

Midtown Little Rock offers a mix of residential and commercial areas, with easy access to shopping, dining, and entertainment. Renters will appreciate the central location and the variety of housing options available. The neighborhood is perfect for those seeking a lively city lifestyle with suburban conveniences.

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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.