Cheap Apartments for Rent in Alma, AR from $400 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in Alma.

CompassRCG Management

The Flats @ 5900

N 47th Apartments
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.

Cedar Creek Apartments and Townhomes

Pike Place

The Bluffs @ Central

The Links at Fort Smith

"The Belle Grove" One Bedroom Apartments

Forrest Brook Apartments

Lakeside Townhomes

Ramsey Square: 1 & 2 Bedroom Apartments

Baldwin Apartments
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.

The Cherry Tree: 1 & 2 Bedroom Apartments

Lofts on Park

Pavilion Place Apartments, LLC

Better than the next- Colony West

Rock Creek Apartments

622 N 19th St
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.

608 N 19th St

2217 N 35th St

815 N 48th St

612 N 19th St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Alma, AR Local Guide

How much does it cost to rent an apartment in Alma?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Alma Studio Apartments | $850 | $850 | $850 |
Alma 1 Bedroom Apartments | $853 | $413 | $1,450 |
Alma 2 Bedroom Apartments | $1,012 | $559 | $1,600 |
Alma 3 Bedroom Apartments | $1,384 | $699 | $1,699 |
Alma 4 Bedroom Apartments | $1,498 | $1,022 | $2,300 |
Browse Top Apartments in Alma
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Alma, AR Local Guide
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Cheapest Available Alma Apartments for Rent and Nearby
 The cheapest available apartment rental in Alma, AR is a 1 Bed unit found at Phoenix Village in the Cavanaugh neighborhood priced from $550. The Flats @ 5900 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Phoenix Village | Studio | 1BR,1BA | $550 |
The Flats @ 5900 | 1 bed 1 bath | 1BR,1BA | $600 |
Pike Place | Standard | 1BR,1BA | $630 |
The Bluffs @ Central | Welcome to your Convenient and Comfortable 1 be... | 1BR,1BA | $650 |
Marina Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $675 |
Aspen Heights | 1 Bed, 1 Bath (Silver) | 1BR,1BA | $675 |
The Links at Fort Smith | Custom | 1BR,1BA | $685 |
Rena Valley Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $685 |
Cedar Creek Apartments and Townhomes | 2BR/1.0BA | 2BR,1BA | $695 |
Forrest Brook Apartments | 1 bedroom, 1 bathroom | 1BR,1BA | $700 |
Best Value Apartments for Rent in Alma, AR and Nearby
As of July 25, 2025 the best value apartment in the Alma area is the $0.77 price per square foot North Pointe I (SF4) Model at CompassRCG Management in the in the Sunnymede neighborhood starting from $1,022. The second greatest value Alma apartment is the 2X2 Model at Addison Place Apartments starting at $900 with a $0.92 price per square foot in the South Fort Smith neighborhood. Here is today’s list of the best values for Alma apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
CompassRCG Management | North Pointe I (SF4) | 4BR,2BA | $0.77 |
Addison Place Apartments | 2X2 | 2BR,2BA | $0.92 |
Glen Oaks | 2 Bedrooms Availble Now! | 2BR,2BA | $0.92 |
Hillside Townhomes | Townhomes | 2BR,1.5BA | $0.89 |
Rock Creek Apartments | 2 Bed 2 Bath | 2BR,2BA | $0.84 |
Southpoint Apartments | 2bd/2ba- B Plan Upstairs | 2BR,2BA | $0.86 |
Magnolia Place: 1 & 2 Bedroom Apartments | Magnolia Place 2 Bedroom | 2BR,1.5BA | $0.93 |
Lakeside Townhomes | 1 bedroom 800sqft | 1BR,1BA | $0.91 |
Marina Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $0.95 |
The Flats @ 5900 | 1 bed 1 bath | 1BR,1BA | $0.92 |
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.
Best Local Schools in Alma, AR
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Alma, AR
Walk Score®
26 / 100
Car-Dependent
Most errands require a car
Bike Score®
28 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Prairie at Chaffee Crossing listed at $850.
How much is rent for a Cheap One Bedroom Alma Apartment?
The lowest price for a Cheap One Bedroom Alma Apartment is $550 at Phoenix Village.
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 $695 at Cedar Creek Apartments and Townhomes.
What is the most affordable Alma Three Bedroom Apartment?
The best deal on a cheap Alma Three Bedroom Apartment rental is at Rock Creek Apartments and starts from $900.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.