Hampton Astoria
22901 Chenal Valley Dr,
Little Rock, AR 72223
$1,099 - $1,625
1-2 Beds
$957/month
Average Rent
690 Sq Ft
Average Apartment Size
+0.8%
Increase in the Last Year
As of March 2026, the average rent in Little Rock, AR is $957 per month. This is 41% lower than the national average rent of $1,627/month, making renting in Little Rock more affordable than most cities in the US. When you rent an apartment in Little Rock, you can expect to pay about $829 per month for a studio, $957 for a one-bedroom apartment, and around $1,115 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,330 or more.
In the past year, rent has increased by 0.8%, which averages out to $8 more per month.
Based on current rent prices, Wakefield, Upper Baseline and Meriwether are the most affordable neighborhoods in Little Rock.
Based on current rent prices, Bowman Pointe, East Little Rock and Western Little Rock are the most expensive neighborhoods in Little Rock.
The neighborhoods in Little Rock with the most apartments available are West Little Rock, Rock Creek and Western Little Rock .
Because the average rent in Little Rock is $957, you’ll want to make about $3,190 per month or $38,280 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
The cost of living in Little Rock, AR is 5.2% lower than the national average. Generally, housing in Little Rock is 18.6% less expensive than the national average, with rent falling between $829 - $1,330. You can expect to pay 3.0% less for groceries, 10.6% less for utilities, and 8.2% less for transportation.
Use the tool below to compare Little Rock, AR to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
61
Communities
18,028
Units
37
Cities
14
Communities
2,246
Units
7
Cities
315
Communities
76,967
Units
144
Cities
91
Communities
17,658
Units
44
Cities
165
Communities
33,531
Units
94
Cities
52
Communities
7,585
Units
23
Cities
15
Communities
3,262
Units
11
Cities
163
Communities
38,618
Units
58
Cities
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
* Percentages may not total 100 due to rounding.