12 Cheap Apartments for rent in North Little Rock, AR

Last updated August 17 at 5:21pm UTC
4417 Boyer Street
North Little Rock
North Little Rock, AR
Updated August 17 at 10:14am UTC
2 Bedrooms
$525
2508 E Washington Ave
North Little Rock
North Little Rock, AR
Updated August 9 at 9:47am UTC
3 Bedrooms
$395
4618 Marion St.
North Little Rock
North Little Rock, AR
Updated July 31 at 9:35am UTC
2 Bedrooms
$450
8105 Old Tom Box Rd = LOT 102
Jacksonville
Jacksonville, AR
Updated August 17 at 9:47am UTC
Studio
$525
1404 S Bailey
Jacksonville
Jacksonville, AR
Updated July 23 at 2:19pm UTC
2 Bedrooms
$500
Results within 5 miles of North Little Rock, AR
2020 Broadway
Downtown Little Rock
Little Rock, AR
Updated August 16 at 10:19am UTC
1 Bedroom
$350
7800 Bradley Dr
Chicot West I-30 South
Little Rock, AR
Updated August 9 at 9:47am UTC
Studio
$100
3511 Gum St
Park Hill
North Little Rock, AR
Updated August 17 at 5:21pm UTC
2 Bedrooms
$500
1505 Marion St
Argenta
North Little Rock, AR
Updated August 16 at 5:20pm UTC
2 Bedrooms
$550
Results within 10 miles of North Little Rock, AR
115 Rimrock Pl
Park Hill
North Little Rock, AR
Updated August 16 at 5:15pm UTC
1 Bedroom
$550

August 2018 North Little Rock Rent Report

Welcome to the August 2018 North Little Rock Rent Report. North Little Rock rents declined over the past month. In this report, we'll evaluate trends in the North Little Rock rental market, including comparisons to similar cities nationwide.

View full North Little Rock Rent Report
Rent Report
North Little Rock

August 2018 North Little Rock Rent Report

Welcome to the August 2018 North Little Rock Rent Report. North Little Rock rents declined over the past month. In this report, we'll evaluate trends in the North Little Rock rental market, including comparisons to similar cities nationwide.

North Little Rock rents declined significantly over the past month

North Little Rock rents have declined 0.5% over the past month, but are up moderately by 2.1% in comparison to the same time last year. Currently, median rents in North Little Rock stand at $670 for a one-bedroom apartment and $810 for a two-bedroom. This is the second straight month that the city has seen rent decreases after an increase in May. North Little Rock's year-over-year rent growth leads the state average of 0.7%, as well as the national average of 1.2%.

North Little Rock rents more affordable than many large cities nationwide

As rents have increased moderately in North Little Rock, large cities nationwide have seen rents grow more modestly, or in some cases, even decline. North Little Rock is still more affordable than most large cities across the country.

  • North Little Rock's median two-bedroom rent of $810 is below the national average of $1,180. Nationwide, rents have grown by 1.2% over the past year compared to the 2.1% rise in North Little Rock.
  • While North Little Rock's rents rose moderately over the past year, some cities nationwide saw decreases, including Seattle (-2.4%) and Minneapolis (-0.4%).
  • Renters will find more reasonable prices in North Little Rock than most large cities. For example, San Francisco has a median 2BR rent of $3,090, which is more than three-and-a-half times the price in North 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.