Hampton Astoria
22901 Chenal Valley Dr,
Little Rock, AR 72223
1-2 Beds | $1,089 - $1,480
Rental Market Trends in Little Rock, AR
Updated August 2026
The average rent in Little Rock, AR is $956/month.
Rent in Little Rock is 43% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.
$956/month
Average Rent
690 Sq Ft
Average Size
+0.9%
Change / Year
2,540
Available Apartments
Little Rock rent varies by unit size and layout:
- Studio apartments in Little Rock average $868 per month.
- One-bedroom apartments in Little Rock average $956 per month.
- Two-bedroom apartments in Little Rock average $1,108 per month.
- Three-bedroom apartments in Little Rock average $1,317 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Little Rock, AR?
In the past year, rent has increased by 0.9%, which averages out to $10 more per month.
Market Trends Over Time
August 2026
2025
2026
Rent Ranges in Little Rock, AR
August 2026
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
19%
Below $700/month
42%
$700 - $1,000/month
36%
$1,001 - $1,500/month
3%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Little Rock?
Based on current rent prices, Wakefield, Upper Baseline and Cloverdale Watson are the most affordable neighborhoods in Little Rock.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Little Rock?
Based on current rent prices, Hillcrest, Capital View and Riverdale are the most expensive neighborhoods in Little Rock.
Neighborhood
Average Rent
Average Sq Ft
Which Little Rock neighborhoods have the most rentals available?
The neighborhoods in Little Rock with the most apartments available are West Little Rock, Riverdale and Downtown Little Rock .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Little Rock, AR?
Because the average rent in Little Rock is $956, you’ll want to make about $3,186 per month or $38,232 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.
Cost of Living
The cost of living in Little Rock, AR is 5.4% lower than the national average. Generally, housing in Little Rock is 18.1% less expensive than the national average, with rent falling between $868 - $1,317. You can expect to pay 3.5% less for groceries, 7.2% less for utilities, and 9.9% less for transportation.
How does Little Rock, AR compare to other nearby cities and neighborhoods?
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.
View the Little Rock Area GuideStudio
-
$1,271/month
One Bedroom
$588/month
$772/month
Two Bedroom
$691/month
$883/month
Three Bedroom
$828/month
$1,059/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in Little Rock?
The average rent in Little Rock is $956 per month, which is 42.5% lower than the national average of $1,663.
What is the average rent for a house in Little Rock?
The average rent for a house in Little Rock, AR is $1,492 per month.
What is the average rent for a townhome in Little Rock?
The average rent for a townhome in Little Rock, AR is $1,086 per month.
What is the average rent for a condo in Little Rock?
The average rent for a condo in Little Rock, AR is $1,608 per month.
Are rents going up or down in Little Rock?
Rents in Little Rock, AR are increasing, with prices up 0.9% year-over-year and $10 more per month.
What rent range is most common in Little Rock?
In Little Rock, AR, 42% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.
Methodology
† 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 June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.