9 Cheap Apartments for rent in North Little Rock, AR

Last updated January 17 at 10:08am UTC
10 Theresa Dr
North Little Rock
North Little Rock, AR
Updated January 14 at 2:02am UTC
2 Bedrooms
$550
3305 Sycamore
Park Hill
North Little Rock, AR
Updated January 3 at 3:33pm UTC
1 Bedroom
$325
1817 W 35th Street Unit B
North Little Rock
North Little Rock, AR
Updated January 15 at 12:39pm UTC
2 Bedrooms
$500
418 Mills St
North Little Rock
North Little Rock, AR
Updated January 17 at 10:08am UTC
3 Bedrooms
$500
2508 E Washington Ave
North Little Rock
North Little Rock, AR
Updated January 10 at 12:27pm UTC
3 Bedrooms
$395
625 West 35th St.
Park Hill
North Little Rock, AR
Updated January 3 at 3:38pm UTC
2 Bedrooms
$495
2409 W 16th St
North Little Rock
North Little Rock, AR
Updated January 3 at 1:53am UTC
1 Bedroom
$400
4417 Boyer Street
North Little Rock
North Little Rock, AR
Updated January 11 at 5:16am UTC
2 Bedrooms
$525
705 W 22nd St
Argenta
North Little Rock, AR
Updated January 16 at 11:21am UTC
Studio
$400
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January 2018 North Little Rock Rent Report

Welcome to the January 2018 North Little Rock Rent Report. North Little Rock rents remained steady 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

January 2018 North Little Rock Rent Report

Welcome to the January 2018 North Little Rock Rent Report. North Little Rock rents remained steady 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 rent trends were flat over the past month

North Little Rock rents have remained flat over the past month, however, they have increased marginally by 0.7% year-over-year. Currently, median rents in North Little Rock stand at $660 for a one-bedroom apartment and $800 for a two-bedroom. North Little Rock's year-over-year rent growth leads the state average of 0.6%, but trails the national average of 2.8%.

North Little Rock rents more affordable than many large cities nationwide

As rents have increased marginally in North Little Rock, a few large cities nationwide have also seen rents grow modestly. North Little Rock is still more affordable than most large cities across the country.

  • North Little Rock's median two-bedroom rent of $800 is below the national average of $1,160. Nationwide, rents have grown by 2.8% over the past year compared to the 0.7% increase in North Little Rock.
  • While North Little Rock's rents rose marginally over the past year, many cities nationwide also saw increases, including Phoenix (+3.8%), Seattle (+3.0%), and Dallas (+2.2%).
  • Renters will find more reasonable prices in North Little Rock than most large cities. For example, San Francisco has a median 2BR rent of $3,010, 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.