16 Hours Ago
Location
920 Commerce St, Little Rock, AR 72202, USA|Downtown Little Rock
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Property Overview
Park Place Apartments receives a strong 8.3 out of 10 overall rating from Zumper, indicating it is a favorable choice for renters. With an impressive balance of price and value, a perfect price rating of 10, and a notable amenities rating of 8, the property stands out in its competitive market. Additionally, its prime location is rated at 9, offering excellent access to key points of interest, schools, and transportation, while maintaining transparency and trustworthiness with a rating of 7.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- High school nearby
Great for
Work-from-home
Eco living
Social life
Floor plans
| Apartments at Park Place | Studio | 0 bath | $1,100 /mo | 1 unit available |
Let's explore this property.
Policies and fees
No pets allowed.
Building details
Property details
| Units | 27 |
|---|
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About Park Place Apartments
Park Place Apartments cost $1,100 per month. Located at 920 Commerce St, Little Rock, AR 72202, USA, Park Place Apartments has studio bedroom units available. Based on the average rent price of studio in Little Rock, renting an apartment at Park Place Apartments is 38% more expensive per month.Other apartment buildings in or around Little Rock include but are not limited to: 414 E Capitol Ave, 1220 W 4th St
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, Park Place Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Park Place Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Park Place Apartments offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Park Place Apartments is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Park Place Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Park Place Apartments does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Park Place Apartments provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Park Place Apartments is great for:
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 Park Place Apartments compares to other nearby properties.
Positives
- Less expensive
- Studio units are cheaper than other similar listings nearby
- High school nearby
- There is a high school 0.3 mile away
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
- Lacks images
- Fewer than 10 photos available for this location
- No in-unit dishwasher
- Dishwashers aren't available
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Rent trends in Downtown Little Rock
studio apartments at Park Place Apartments cost about 10% more than the average rent price for studio apartments in Downtown Little Rock.
Median rents as of Aug 30 2025.
Downtown Little Rock
Little Rock
| Month | Median Rent |
|---|---|
| September 2023 | $825 |
| October 2023 | $865 |
| November 2023 | $913 |
| December 2023 | $962 |
| January 2024 | $987 |
| February 2024 | $1,005 |
| March 2024 | $1,103 |
| April 2024 | $1,048 |
| May 2024 | $1,228 |
| June 2024 | $1,410 |
| July 2024 | $1,055 |
| August 2024 | $1,034 |
| September 2024 | $925 |
| October 2024 | $940 |
| November 2024 | $1,305 |
| December 2024 | $909 |
| January 2025 | $993 |
| February 2025 | $922 |
| March 2025 | $809 |
| April 2025 | $831 |
| May 2025 | $825 |
| June 2025 | $848 |
| July 2025 | $820 |
| August 2025 | $833 |
| Month | Median Rent |
|---|---|
| December 2023 | $947 |
| January 2024 | $950 |
| February 2024 | $1,005 |
| March 2024 | $1,054 |
| April 2024 | $995 |
| May 2024 | $1,025 |
| June 2024 | $1,107 |
| July 2024 | $1,062 |
| August 2024 | $1,125 |
| September 2024 | $955 |
| October 2024 | $915 |
| November 2024 | $948 |
| December 2024 | $788 |
| January 2025 | $840 |
| February 2025 | $840 |
| March 2025 | $799 |
| April 2025 | $808 |
| May 2025 | $789 |
| June 2025 | $824 |
| July 2025 | $887 |
| August 2025 | $946 |
Affordability calculator
Can I afford to live at 920 Commerce St?
Bedrooms
StudioRent-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
$44,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $44,000 annually to afford this studio monthly rent price of $1,100.
For more information on rent affordability, visit our rent calculator.
Schools near Park Place Apartments
Rockefeller Incentive Elementary School
700 e 17th st
little rock, AR, 72206
PKPublic
Fair Park Early Childhood Center
616 n harrison st
little rock, AR, 72205
PKPublic
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Internet available near Park Place Apartments
Neighborhood
Downtown Little Rock | Little Rock, AR
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Little Rock near 920 Commerce St
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 920 Commerce St, Little Rock
Groceries
6/10
At least one grocery store within a 15-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
6/10
Some restaurants within walking distance
Primary schools
6/10
At least one elementary school within a 20-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Nightlife
4/10
Some bars within walking distance
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