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Best Neighborhoods for Rental Property in Little Rock

Buying Property in Little Rock

While real estate prices continue to soar, prices in Little Rock remain affordable, making it a great place for property investors. However, choosing the right neighborhood and rental property can be difficult. In this blog, we will highlight a few popular Little Rock neighborhoods and give investors the resources they need to make the best decision for their budget and location preferences.

Hillcrest

Hillcrest, home to a unique contrast of historic homes and hip, young residents, is certainly a one-of-a-kind neighborhood. The charming American Foursquare and two-story Tudor-style homes are nestled among the many oak trees, while unique shops and restaurants are teeming with customers. As an added bonus to the stunning views and vibrant social scene, the prices of homes in this area are lower than its neighbors, with plenty of rental options.

Local Eateries

On any night in Hillcrest, you can find an abundance of delicious eateries and outdoor patios to enjoy. A few of the locals’ favorite spots include:

Social Scene

Hillcrest’s social scene is full of activities, but with an easy-going feel. Once a month, local merchants host Shop 'N' Sip, an event where businesses stay open late and invite residents to enjoy a glass of wine and live music as they do their shopping. From patio parties to food trucks, there’s always something fun around the corner.

Nature

Surrounded by two beautiful parks, the Hillcrest neighborhood is the place to be for those who love the outdoors. Allsopp Park features large, open grass areas as well as softball fields, tennis courts, biking paths, and hiking trails. Knoop Park, a popular place for runners, is often a good place to watch popular events like RiverFest and the Main Street Bridge’s Fourth of July fireworks.

VIEW HILLCREST INVENTORY →

Sherwood

Complete with quaint shops and a retro arcade, Sherwood is a charming suburb with a small-town feel. Sherwood is one of the newer towns in Little Rock and has seen tremendous growth due to it’s reasonably priced homes and direct access to US 67. Several neighborhoods in this area have begun to build new homes and rental properties with modern appliances and excellent amenities.

Festivals

No other area does festivals quite like Sherwood. This suburb is known for its annual Sherwood Fest, a family-friendly festival complete with craft booths, games, activities for the little ones, contests, and lots of other entertainment. Other popular events include:

  • The Sherwood Fall Festival 
  • The Enchanted Forest and Holiday Trail of Lights
  • The Sherwood Easter Festival
Recreation

Sherwood is home to seventeen recreational facilities and parks, adding to its market value. The Bill Harmon Recreation Center, home to an Olympic-sized swimming pool and other amenities, is a great place for adults and kids alike to be active and hangout with friends. Or, residents can head to the Greens at North Hills Golf Course to play a few holes! 

Local Shopping

From cute boutiques to unique vintage stores, Sherwood has plenty of small businesses to support. Some of the most popular local shopping spots are:

  • The Vintage Mercantile
  •  Espresso Fashion
  • Kiehl Avenue Flea Market
  • Wish List

VIEW SHERWOOD INVENTORY →

Jacksonville

Offering a tight-knit community environment, Jacksonville makes the perfect home for families. This peaceful suburb offers affordable housing, plentiful renting options, and is in close proximity to the U.S. air base. Full of history and town pride, there’s always more to discover in Jacksonville.

Full of History

Paying tribute to military service is extremely important to this history-filled suburb. The Jacksonville Military History Museum celebrates the area’s military history, dating all the way back to the Civil War. Another popular, military-related attraction is the site of the Battle of Reed’s Bridge, a fight that also took place during the Civil War.

Community Amenities

Jacksonville offers lots of community amenities, from family-friendly water parks to charming farmers markets. For nature lovers, there are thirteen different parks across the area, complete with open green spaces, jogging trails, playgrounds, and more. Jacksonville is also home to a 56,000 square-foot recreation center, equipped with a heated six-lane pool, two basketball/volleyball courts, a walking track, an aerobics classroom, workout equipment, and two racquetball courts.

Family-Friendly Events

With so many families in the area, Jacksonville hosts several events every year that kids and adults alike will enjoy. Each fall, they host FestiVille, a two-day event featuring carnival rides, live entertainment, local vendors, a petting zoo, games and more. During the springtime, their Fun at Five Points Street Festival sports trendy food trucks, contests, and even a wing-eating contest. Other fun community events include:

  • Jacksonville Easter Egg Hunt
  • Annual Youth Fishing Derby
  • Big Bang on the Range
  • Annual Christmas Parade

VIEW JACKSONVILLE INVENTORY →

Southwest District

The colorful Southwest District is a unique and wonderful clash of two cultures. This neighborhood is home to the largest Hispanic population in the city, with family-owned small businesses and local eateries speckled throughout the area. Combined with the more classically American outlet malls and drive-in movie theatres, the Southwest District is truly the best of both worlds. With very affordable housing, ample renting options, and low crime rates, this suburb is the perfect place to call home.

Nightlife

Frequented by younger crowds, the Southwest District has plenty of after-dinner entertainment. From vibrant night clubs to bars with a relaxed atmosphere, there’s a hip spot for everyone to enjoy. Some of the more popular locations include:

  • Envy Nightclub
  • Electric Cowboy
  • Shooters Bar and Grill
  • La’Changes Restaurant and Lounge
Outlet Shopping

The large outlet mall in the Southwest District is not only a great place to score some major discounts on your shopping spree, but is also a nice area to walk around and visit with friends. Some of the shops you’ll find here are:

  • Nike
  • American Eagle
  • Levi’s
  • Asics
  • New Balance
  • H&M
  • Banana Republic
  • Cole Haan
  • Converse
  • Francescas
Authentic Cuisine

While there are the typical, well-known chain restaurants in the Southwest District, the real gem of this neighborhood is the authentic Hispanic cuisine. From creamy helados to savory tacos al pastor, the local eateries here know how to whip up something scrumptious.

VIEW SOUTHWEST INVENTORY →

Argenta

Argenta, a lively downtown district with cute bungalow-style homes and lofts, hosts a variety of local businesses, entertainment venues, restaurants, and has easy access to the Arkansas River Trail. With an abundance of rental properties and so many things to do, it’s no wonder young-professionals flock to this trendy area. 

Entertainment

Known for its diverse entertainment offerings, it’s almost impossible to be bored in Argenta. From stand-up comedy to live music, there’s always something exciting to plan for the weekend. A few favorite local activity spots include:

  • The Joint Cabaret Theatre and Coffeehouse
  • Simmons Bank Arena
  • Four Quarter Bar
  • Reno’s Argenta Cafe
  • Dickey-Stephens Ballpark 
Foodie-Central

The Argenta foodie scene is extremely trendy and growing. In fact, a local favorite, Flyway Brewing, was recently featured on “Diners, Drive-Ins and Dives” for their handmade pretzels and gumbo cheese fries! Some other neighborhood classics are:

Quick and Easy Commutes

A severely underlooked benefit of Argenta’s downtown feel is that everything is within walking distance. While driving and public transportation are still viable options here, walking saves the headache of dealing with traffic, saves gas money, and is better for the environment. Stroll on down to Argenta and get those steps in!

VIEW ARGENTA INVENTORY →

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Posted by Katie Eldridge at 9:02 AM