Hampton Astoria
22901 Chenal Valley Dr,
Little Rock, AR 72223
$999 - $1,599
1-2 Beds
$948/month
Average Rent
689 Sq Ft
Average Apartment Size
+0.4%
Increase in the Last Year
Little Rock, AR Rental Market Overview
The average rent in Little Rock, AR is $948 per month. This is 42% lower than the national average rent of $1,645/month, making renting in Little Rock more affordable than most cities in the US.
In the past year, rent has increased by 0.4%, which averages out to $5 more per month.
Based on current rent prices, Reservoir, Wakefield and Upper Baseline are the most affordable neighborhoods in Little Rock.
Based on current rent prices, Hillcrest, Riverdale 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, Riverdale and Downtown Little Rock .
Because the average rent in Little Rock is $948, you’ll want to make about $3,160 per month or $37,920 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 $831 - $1,313. 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.
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† 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.