3 Days Ago
Highlights
Pet Friendly
- Historic hardwood floors
- Free laundry room
- Gas cooktop
Location
401 E Capitol Ave, Little Rock, AR 72202, USA|Downtown Little Rock
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Property Overview
Magnolia Flats features historic hardwood floors, a free laundry room, and a gas cooktop, providing a blend of comfort and modernity. With an expert rating of 8 out of 10, a price rating of 9, and strong scores for amenities and location at 8 and 9 respectively, it offers exceptional value for renters. The property also supports environmental sustainability and promotes a vibrant social life with numerous parks, restaurants, and cultural venues nearby.
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
Elementary school nearby- High school nearby
- Middle school nearby
Great for
Social life
Eco living
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 800 sqft | $1,000 /mo | 2 units available | Charming one bedroom at the Magnolia on E. Capitol and Rock St.! Apartment has fireplace (non-working), wraparound kitchen with gas cooktop, and historic hardwood floors. Property has a free laundry room, designated parking, and POOL! Rent includes water and trash. Tenant pays electricity, gas, and cable/ wifi. Most pets allowed with $300 pet fee. |
Let's explore this property.
Amenities for Magnolia Flats
Building
| Cats OK | Dogs OK |
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
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 12 |
|---|
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About Magnolia Flats
Charming one bedroom at the Magnolia on E. Capitol and Rock St.! Apartment has fireplace (non-working), wraparound kitchen with gas cooktop, and historic hardwood floors. Property has a free laundry room, designated parking, and POOL! Rent includes water and trash. Tenant pays electricity, gas, and cable/ wifi. Most pets allowed with $300 pet fee.
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.
8.0
/10
Very GoodWith a solid 8 out of 10 overall, Magnolia Flats is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Magnolia Flats 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·9A 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.
Magnolia Flats stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
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, Magnolia Flats 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.
Magnolia Flats 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 Magnolia Flats 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.
Magnolia Flats 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.
Magnolia Flats 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 Magnolia Flats compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.3 mile away
- High school nearby
- There is a high school 0.2 mile away
- Middle school nearby
- There is a middle school 0.3 mile away
- More space
- The 1-bedroom is 100 sqft larger than other listings nearby
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Rent trends in Downtown Little Rock
1-bedroom apartments at Magnolia Flats cost about 2% more than the average rent price for 1-bedroom apartments in Downtown Little Rock.
Median rents as of Jan 31 2026.
Downtown Little Rock
Little Rock
| Month | Median Rent |
|---|---|
| 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 | $828 |
| September 2025 | $796 |
| October 2025 | $800 |
| November 2025 | $800 |
| December 2025 | $875 |
| January 2026 | $859 |
| Month | Median Rent |
|---|---|
| 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 | $953 |
| September 2025 | $1,057 |
| October 2025 | $1,082 |
| November 2025 | $1,070 |
| December 2025 | $1,050 |
| January 2026 | $996 |
Affordability calculator
Can I afford to live at 401 E Capitol Ave?
Bedrooms
1 bedroomRent-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
$40,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $40,000 annually to afford this 1-bedroom monthly rent price of $1,000.
For more information on rent affordability, visit our rent calculator.
Schools near Magnolia Flats
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 Magnolia Flats
Getting around Little Rock near 401 E Capitol Ave
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 401 E Capitol Ave, Little Rock
Groceries
8/10
At least one grocery store within a 15-minute walk
Shopping
5/10
Some shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
6/10
Variety of restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Nightlife
7/10
Variety of bars within walking distance
Explore the area around 401 E Capitol Ave
El Sur Street Food Co
1214 Main St
Edwards Food Giant
1701 Main St
Kroger
1100 E Roosevelt Rd
Barnes Grocery
201 E 29th St
Ann's Grocery
1623 Cedar St
Discount Shoes
523 E Capitol Ave
Luv
116 River Market Ave
Superior Lineage
301 President Clinton Ave
Gamblers Choice Clothing
400 W Capitol Ave
Southern Apparel & Promotions
824 W 7th St
Blue Sail Coffee
417 Main St
Nexus Coffee & Creative
301 President Clinton Ave
Hurts Donut Co LLC
107 E Markham St
Starbucks
3 Statehouse Plz
Tropical Smoothie Cafe
322 Broadway St
Dust Bowl Little Rock
315 E Capitol Ave
Fassler Hall Little Rock
311 E Capitol Ave
Dugan's Pub
401 E 3rd St
Copper Grill
300 E 3rd St
Allsopp & Chapple
311 Main St
Nexus Coffee & Creative
301 President Clinton Ave
Bea Blessed Bakery
400 President Clinton Ave
Damgoode Pies
500 President Clinton Ave
Vestal Gourmet Foods Inc
323 Center St
Community Bakers Inc
1200 Main St
Fassler Hall Little Rock
311 E Capitol Ave
Poke Hula
419 E 3rd St
Camp David Restaurant
600 Interstate 30
Dizzy's Gypsy Bistro
200 River Market Ave
Copper Grill
300 E 3rd St
River Cities Center
Pulaski Heights, South Main, Baptist Medical Center, Levy/Amboy, West Markham, Granite Mountain, Shorter College, Rodney Parham, McCain Mall, M. L. King, Presidential Library/East 6th, Pulaski Tech, Rosedale, 65th Street, UALR, Mabelvale-Downtown, McAlmont, Hensley Express, Airport/College Station, University Avenue, Baseline/Southwest, Pinnacle Mountain Express, Maumelle Express, Jacksonville-Sherwood Express
6th & Cumberland
Levy/Amboy, West Markham, Shorter College, McCain Mall, M. L. King, Pulaski Tech, Rosedale, McAlmont
4th & Commerce
Presidential Library/East 6th
4th & Sherman
Presidential Library/East 6th
Capitol & Scott
South Main, Granite Mountain, UALR, Mabelvale-Downtown, Hensley Express, Airport/College Station, Baseline/Southwest
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