Little Rock renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.

Little Rock, AR map of rent costs by neighborhood

Rental Price Key

Luxury
High-end
Mid-tier
Most affordable

 


On average, the cost of rent in Little Rock is about $1,103 per month. This puts it in the 96th percentile compared to the state average cost of rent, which is $931. Households in Little Rock have a median income of $5,063 per month so the average renter in Little Rock is spending roughly 22% of their earnings on housing.

Nationally, and in Little Rock, home values are the data point most closely correlated with the cost of rent. The median price of a home in Little Rock is $230,704 right now, which is lower than cities nearby, meaning that rents in Little Rock also tend to be lower versus these nearby cities.

Higher rent prices are common in the western parts of Little Rock while lower rent rates are often available in southeastern areas.

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