True Cost of Renting in Little Rock, AR
Little Rock is Arkansas's capital and largest city — anchored by the University of Arkansas for Medical Sciences (UAMS), Windstream Communications headquarters, Dillard's department store corporate headquarters, and state government. The River Market District has revitalized the downtown core with restaurants, a farmers market, and apartment development. Entergy Arkansas electric rates are among the South's most affordable.
Neighborhoods & Average Rents
Hillcrest
- Studio:
- $900/mo
- 1 Bed:
- $1,100/mo
- 2 Bed:
- $1,500/mo
Little Rock's most walkable residential neighborhood; craftsman bungalows on The Heights and Kavanaugh Boulevard. Eclectic restaurants and shops walkable. Mix of older houses and small apartment buildings. Entergy Arkansas electric. Most desirable Little Rock neighborhood for young professionals.
River Market / Downtown
- Studio:
- $950/mo
- 1 Bed:
- $1,200/mo
- 2 Bed:
- $1,600/mo
Revitalized riverfront district; loft apartments, the River Market pavilion, and newer high-rise development. Walkable to Clinton Presidential Library, outdoor amphitheater, and restaurants. Parking included in most buildings.
West Little Rock / Chenal
- 1 Bed:
- $1,200/mo
- 2 Bed:
- $1,600/mo
Upscale suburban corridor along Chenal Parkway; newer apartment communities with resort amenities. Car-dependent. Top-rated Pulaski County Special School District. Good AR-430 access. Highest rents in metro Little Rock.
Utility Providers
- Electric
- Entergy Arkansas
- Water
- Central Arkansas Water (CAW)
- Internet
- Comcast Xfinity, AT&T Fiber, Windstream Kinetic
Commute & Transportation
I-30 runs northeast (Memphis, 135 miles) and southwest (Texarkana, 150 miles). I-40 runs east-west (Memphis east; Fort Smith west). UAMS employs 10,000+ in the university medical district on Markham Street. State Capitol and government offices are in the heart of Downtown. Little Rock National Airport (LIT) handles regional and some direct service. Rock Region METRO provides limited bus service. Most Little Rock employment requires a car.
Rental Market Overview
Little Rock offers genuine affordability — median 1BR runs $1,050–1,250/month. Entergy Arkansas electric rates are among the most competitive in the South — summer bills average $90–150/month despite high humidity. UAMS creates stable medical professional demand. State government employment provides non-cyclical stability. The River Market revitalization has attracted new apartment investment and improved downtown quality of life. Windstream and Dillard's HQ employment supports professional renter demand.
Data last updated: 2026-04
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