5+ Days Ago
Location
505 Mimi Ln, Little Rock, AR 72211, USA|Walnut Valley
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Property Overview
Located near a variety of shops and restaurants, this property offers convenience and accessibility for residents. It is ideal for those seeking a vibrant lifestyle with ample amenities nearby. Noteworthy attributes include its modern design and spacious layout, which contribute to a welcoming environment.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Middle school nearby- Elementary school nearby
Great for
Social life
Amenities for 505 Mimi Ln, Walnut Valley
Apartment Amenities
| Central Air |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
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About 505 Mimi Ln
Sweet deal!
This listing is 19% below the median price for 2 bedroom apartments in Walnut Valley.
Property Status: Active Close to shopping and restaurants. Office Phone: (501) 801-5868 Copyright © 2025 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 505 Mimi Ln compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 1 mile away
- Elementary school nearby
- There is an elementary school 0.3 mile away
Considerations
- Pet restrictions
- Pets aren't allowed at this location.
Address details
| Neighborhood | Walnut Valley |
|---|---|
| Zip code | 72211 |
| Type | Apartment for rent |
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Rent trends in Walnut Valley
2-bedroom apartments at 505 Mimi Ln cost about 19% less than the average rent price for 2-bedroom apartments in Little Rock.
Median rents as of Oct 25 2025.
Walnut Valley
Little Rock
| Month | Median Rent |
|---|---|
| November 2023 | $984 |
| December 2023 | $1,005 |
| January 2024 | $1,003 |
| February 2024 | $999 |
| March 2024 | $997 |
| April 2024 | $1,018 |
| May 2024 | $1,061 |
| June 2024 | $1,020 |
| July 2024 | $1,093 |
| August 2024 | $1,037 |
| September 2024 | $1,026 |
| October 2024 | $1,032 |
| November 2024 | $1,048 |
| December 2024 | $1,025 |
| January 2025 | $1,018 |
| February 2025 | $1,064 |
| March 2025 | $1,068 |
| April 2025 | $1,083 |
| May 2025 | $1,083 |
| June 2025 | $1,058 |
| July 2025 | $1,072 |
| August 2025 | $1,073 |
| September 2025 | $1,079 |
| October 2025 | $1,079 |
| Month | Median Rent |
|---|---|
| November 2023 | $1,095 |
| December 2023 | $1,095 |
| January 2024 | $1,095 |
| February 2024 | $1,100 |
| March 2024 | $1,095 |
| April 2024 | $974 |
| May 2024 | $961 |
| June 2024 | $966 |
| July 2024 | $928 |
| August 2024 | $919 |
| September 2024 | $869 |
| October 2024 | $875 |
| November 2024 | $891 |
| December 2024 | $873 |
| January 2025 | $865 |
| February 2025 | $849 |
| March 2025 | $865 |
| April 2025 | $864 |
| May 2025 | $905 |
| June 2025 | $931 |
| July 2025 | $935 |
| August 2025 | $940 |
| September 2025 | $944 |
| October 2025 | $933 |
Affordability calculator
Can I afford to live at 505 Mimi Ln?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$30,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $30,000 annually to afford this 2-bedrooms monthly rent price of $750.
For more information on rent affordability, visit our rent calculator.
Schools near 505 Mimi Ln
Terry Elementary School
10800 mara lynn dr
little rock, AR, 72211
PK, K-5Public
C+
Fair Park Early Childhood Center
616 n harrison st
little rock, AR, 72205
PKPublic
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Internet available near 505 Mimi Ln
Neighborhood
Walnut Valley | Little Rock, AR
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Little Rock near 505 Mimi Ln
Walking
5/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
1/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 505 Mimi Ln, Little Rock
Groceries
4/10
At least one supermarket within a 20-minute walk
Shopping
6/10
Several shops within walking distance
Cafes
4/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Some restaurants within a few minutes’ walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
4/10
At least one high school within a 30-minute walk
Nightlife
3/10
Some bars within walking distance
Explore the area around 505 Mimi Ln
Whole Foods Market
501 S Bowman Rd
Trader Joe's
11500 Financial Centre Pkwy
Dragon Discount Mart
11715 Rainwood Rd
Rodney Parham Super Stop
9718 N Rodney Parham Rd
Indian Grocers
11121 N Rodney Parham Rd
Academy Sports + Outdoors
11400 W Markham St
Culture Clothing Co
11400 W Markham St
Madi's Kloset
315 N Bowman Rd
Bossie Curves
10515 W Markham St
Modish Boutique LLC
10515 W Markham St
7 Brew Coffee
11418 W Markham St
AR Donuts & Sandwiches LLC
102 Markham Park Dr
Shipley Do-nuts
1424 N Shackleford Rd
WFM Coffee Bar
501 S Bowman Rd
Dunkin'
10121 N Rodney Parham Rd
Outback Steakhouse
105 Markham Park Dr
Seven Bridges Bar + Kitchen
11301 Financial Centre Pkwy
Sauced Bar & Oven
11121 N Rodney Parham Rd
Shorty Small's-Little Rock
11100 N Rodney Parham Rd
Chili's
12505 W Markham St
Community Bakery
270 S Shackleford Rd
Honey Pies
315 N Bowman Rd
The Blue Cake Company
315 N Bowman Rd
Cheesecake on Point LLC
9809 W Markham St
Mickey's Cakes & Sweets
11121 N Rodney Parham Rd
Tokyo House
11 Shackleford Dr
Delta Biscuits Inc
808 N Shackleford Rd
Thanh Mi
302 N Shackleford Rd
Back Yard Burgers
305 N Shackleford Rd
Twin Peaks
10 Shackleford Dr
Markham & Shackleford Dr
West Markham
Markham & Shackleford Rd
West Markham
11164 Markham
West Markham
10623 Markham
West Markham
Markham & West Chase Plaza
West Markham
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