Cheap Apartments for Rent in Alma, AR from $400 (69 Rentals)

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Search the lowest-cost Apartments available for rent right now in Alma.

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Oak Tree Apartments
1 to 2 Bedroom Apartments

Oak Tree Apartments

1108 Highway 71 NAlma, AR 72921
  • Utilities Included
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Alma Gardens
2 to 3 Bedroom Apartments

Alma Gardens

210 Marlin DrAlma, AR 72921
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Lofts on Park
Rent Specials
$855 - $1,550
Total Monthly Price

Total Monthly Price

Base Rent
$855 - $1,550
Total Monthly Price
$855 - $1,550
1 to 2 Bedroom Apartments Available Now

Lofts on Park

3600 Kinkead AveFort Smith, AR 72903
Corporate Housing
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Tara Gardens
1 to 2 Bedroom Apartments

Tara Gardens

1615 S 22nd StFort Smith, AR 72901
Senior Living

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Alma, AR Local Guide

Cheapest Available Alma Apartments for Rent and Nearby

 

The cheapest available apartment rental in Alma, AR is a 2 Beds unit found at Village Meadows in the Massard neighborhood priced from $400. The Bluffs @ Central in the Sunnymede neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Alma apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Village Meadows9801 Meandering Way- Exceptional Quality2BR,1BA$400
The Bluffs @ Central1.1 R1BR,1BA$600
The Flats @ 59001.1S Reno1BR,1BA$600
Greystone Apartments1x11BR,1BA$625
Flat Rock Creek Apartments1 bed 1 bath Flat Rock Creek1BR,1BA$650
Mayfair Apartments1x11BR,1BA$675
The Links at Fort SmithCustom1BR,1BA$685
Rena Valley Apartments1 Bedroom 1 Bath1BR,1BA$695
Forrest Brook Apartments1.11BR,1BA$725
Phoenix Village2.1S Rehab2BR,1BA$725

Best Value Apartments for Rent in Alma, AR and Nearby

As of April 30, 2026 the best value apartment in the Alma area is the $0.29 price per square foot Bedroom C Model at University Park Place in the in the Sunnymede neighborhood starting from $550. The second greatest value Alma apartment is the North Pointe I (SF4) Model at CompassRCG Management starting at $1,022 with a $0.77 price per square foot in the Sunnymede neighborhood. Here is today’s list of the best values for Alma apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
University Park PlaceBedroom C1BR,1BA$0.29
CompassRCG ManagementNorth Pointe I (SF4)4BR,2BA$0.77
Lakeside Townhomes11002BR,1.5BA$0.87
Aspen Heights3 Bed, 2 Bath (Silver)3BR,2BA$0.80
N 47th Apartments2 Bed / 2 Bath2BR,2BA$0.74
Addison Place Apartments2X22BR,2BA$0.92
Glen Oaks Apartments2 Bed, 2 Bath (REHAB)2BR,2BA$0.92
Z Street Apartments2.12BR,1BA$0.87
Mayfair Apartments1x11BR,1BA$0.90
Flat Rock Creek Apartments1 bed 1 bath Flat Rock Creek1BR,1BA$0.87

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Alma, AR

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Frequently Asked Questions about Cheap Alma Apartments

What is the Cheapest Studio apartment in Alma?

Currently the most affordable Cheap Studio Apartment in Alma is at The Cottages at Ashton listed at $1,750.

How much is rent for a Cheap One Bedroom Alma Apartment?

The lowest price for a Cheap One Bedroom Alma Apartment is $600 at The Flats @ 5900.

What is the lowest price for a Cheap Two Bedroom Alma Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Alma is starting from $400 at Village Meadows.

What is the most affordable Alma Three Bedroom Apartment?

The best deal on a cheap Alma Three Bedroom Apartment rental is at Aspen Heights and starts from $875.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.