54 Cheap Apartments for rent in Little Rock, AR

Last updated November 23 at 3:58pm UTC
2305 S CUMBERLAND ST
Downtown Little Rock
Little Rock, AR
Updated November 11 at 2:03am UTC
3 Bedrooms
$639
11109 Mara Lynn Road
Walnut Valley
Little Rock, AR
Updated November 4 at 6:21pm UTC
2 Bedrooms
$650
2305 Cumberland St
Downtown Little Rock
Little Rock, AR
Updated November 23 at 10:09am UTC
3 Bedrooms
$639
2301 Scott St
Downtown Little Rock
Little Rock, AR
Updated November 23 at 10:13am UTC
2 Bedrooms
$650
4001 Bruno Road
Upper Baseline
Little Rock, AR
Updated November 23 at 11:33am UTC
2 Bedrooms
$550
1004 S Woodrow
Capital View
Little Rock, AR
Updated November 23 at 11:31am UTC
3 Bedrooms
$625
7920 Moore Street
Chicot West I-30 South
Little Rock, AR
Updated November 20 at 5:15am UTC
3 Bedrooms
$600
4209 W. 22nd St
Oak Forest
Little Rock, AR
Updated November 11 at 10:44am UTC
2 Bedrooms
$550
2820 Walker Street
John Barrow
Little Rock, AR
Updated November 23 at 11:33am UTC
2 Bedrooms
$650
4018 John Barrow Rd
John Barrow
Little Rock, AR
Updated November 20 at 5:14am UTC
2 Bedrooms
$575
2608 S Elm St
Oak Forest
Little Rock, AR
Updated November 16 at 12:21pm UTC
2 Bedrooms
$650
7800 Bradley Dr
Chicot West I-30 South
Little Rock, AR
Updated September 26 at 3:45am UTC
3 Bedrooms
$525
4202 W 17th Street
Oak Forest
Little Rock, AR
Updated November 4 at 2:42am UTC
3 Bedrooms
$525
6506 Pecan Ln
East of I-30
Little Rock, AR
Updated November 22 at 12:06pm UTC
3 Bedrooms
$625
9613 Woodford Drive
Chicot West I-30 South
Little Rock, AR
Updated November 1 at 4:07am UTC
3 Bedrooms
$650
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November 2017 Little Rock Rent Report

Welcome to the November 2017 Little Rock Rent Report. In this report, we'll evaluate trends in the Little Rock rental market, including comparisons to similar cities nationwide.

View full Little Rock Rent Report
Rent Report
Little Rock

November 2017 Little Rock Rent Report

Welcome to the November 2017 Little Rock Rent Report. In this report, we'll evaluate trends in the Little Rock rental market, including comparisons to similar cities nationwide.

Little Rock rents increased marginally over the past month

Little Rock rents have increased 0.2% over the past month, and have increased slightly by 1.3% in comparison to the same time last year. Currently, median rents in Little Rock stand at $710 for a one-bedroom apartment and $860 for a two-bedroom. This is the third straight month that the city has seen rent increases after a decline in July. Little Rock's year-over-year rent growth lags the state average of 1.5%, as well as the national average of 2.7%.

Little Rock rents more affordable than many large cities nationwide

As rents have increased slightly in Little Rock, large cities nationwide have seen rents grow more quickly. Little Rock is still more affordable than most large cities across the country.

  • Little Rock's median two-bedroom rent of $860 is below the national average of $1,160. Nationwide, rents have grown by 2.7% over the past year compared to the 1.3% increase in Little Rock.
  • While Little Rock's rents rose slightly over the past year, many cities nationwide saw more substantial increases, including Seattle (+4.2%), Phoenix (+4.1%), and Dallas (+2.6%).
  • Renters will find more reasonable prices in Little Rock than most large cities. For example, San Francisco has a median 2BR rent of $3,070, which is more than three-and-a-half times the price in Little Rock.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.