
Cheap Apartments for Rent near Alpena, AR from $500 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in Alpena.


OZ+MO Commons

Magic City Commons

The Penleigh Branson Row

The Mill on 76 Apartments

Links at Harrison

Shepherd of the Hills Estates Apartments

Total Monthly Price
Plato's Cave - Branson

2972 Maple Street Hollister MO
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Live Oak Apartments

Villa Apartments Rogers

Brookhaven Apartments

Keystone Crossing Apartment Homes

White River Mountain Apartments

Heritage Park Apartments

Maple Church Senior

Ridgecrest Apartments

Maple Church Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Azalea Trail Apartments

The Heights on Oak

Ozark Sky Estates

Park Place Apartments

Wobbe Lane Apartments

Turtle Creek Apartments

The Outpost Apartments

Rock Springs

Ritter and Spool
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Hidden Lake Townhomes

The Life at Shiloh Reserve

8669 Historic Hwy

8669 Historic Hwy 165

Schaefer Ridge Apartments

Renshaw Studio Apartments

Holiday Terrace Apartments

10000 Historic Hwy 165

Berryfield Apartments
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.

Outback Roadhouse Apartments

560 Abby Ln

1 - The Grove on Berry

25 Fall Creek Trail

2 Memory Ln

Springdale Station

Southwind Apartments

640 State Hwy 248

C&W Cheema Village
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.

200 Golf View Dr C

144 President Dr

29 Fall Creek Dr
Alpena, AR Local Guide

How much does it cost to rent an apartment in Alpena?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alpena Studio Apartments | $820 | $525 | $1,995 |
| Alpena 1 Bedroom Apartments | $1,114 | $695 | $1,595 |
| Alpena 2 Bedroom Apartments | $1,320 | $700 | $2,125 |
| Alpena 3 Bedroom Apartments | $1,620 | $900 | $2,075 |
Browse Top Apartments in Alpena
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Alpena, AR Local Guide
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Cheapest Available Alpena Apartments for Rent and Nearby
 The cheapest available apartment rental in Alpena, AR is a Studio unit found at The Dels Harrison priced from $525. OZ+MO Commons has the second lowest priced unit, which is a Studio apartment currently listed from $600. Here is today’s list of the most affordable Alpena apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Dels Harrison | Studios | Studio,1BA | $525 |
| OZ+MO Commons | Studio | Studio,1BA | $600 |
| Magic City Commons | Studio | Studio,1BA | $625 |
| 6444 Highway 178 S | Studio / Kitchenette | Studio,1BA | $650 |
| The Mill on 76 Apartments | Westyn | Studio,1BA | $650 |
| The Penleigh Branson Row | 0BR/1.0BA | Studio,1BA | $650 |
| Shepherd of the Hills Estates Apartments | 1x1.5 | 1BR,1BA | $695 |
| Plato's Cave - Branson | Studio | Studio,1BA | $700 |
| 2972 Maple Street Hollister MO | 2 Bedroom 1 Bath | 2BR,1BA | $700 |
| Live Oak Apartments | Maple | Studio,1BA | $710 |
Best Value Apartments for Rent in Alpena, AR and Nearby
As of July 21, 2026 the best value apartment in the Alpena area is the $0.91 price per square foot 3 bed 3 bath Model at 4 Fisher Creek Dr in the starting from $1,595. The second greatest value Alpena apartment is the The Landing Model at Flyway Meadows starting at $1,975 with a $1.29 price per square foot in the Indian Creek neighborhood. Here is today’s list of the best values for Alpena apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 4 Fisher Creek Dr | 3 bed 3 bath | 3BR,3BA | $0.91 |
| Flyway Meadows | The Landing | 3BR,2.5BA | $1.29 |
| Hidden Lake Townhomes | 2 Bed 2.5 Bath | 2BR,2.5BA | $0.86 |
| Bee Creek Apartment Homes | 3 Bedroom | 3BR,2BA | $1.20 |
| Maple Church Apartments | MCI-2X2-MKT | 2BR,2BA | $0.98 |
| Ozark Sky Estates | 1 Bedroom | 1BR,1BA | $1.06 |
| Shepherd of the Hills Estates Apartments | 1x1.5 | 1BR,1.5BA | $0.93 |
| Heritage Park Apartments | HTG-1X1-MKT | 1BR,1BA | $1.18 |
| Maple Church Senior | MCS-1X1-MKT | 1BR,1BA | $1.18 |
| The Dels Harrison | Studios | Studio ,1BA | $0.95 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Alpena, AR Rentals by Map
See the most popular apartments and homes in Alpena, AR
Frequently Asked Questions about Cheap Alpena Apartments
What is the Cheapest Studio apartment in Alpena?
Currently the most affordable Cheap Studio Apartment in Alpena is at The Dels Harrison listed at $525.
How much is rent for a Cheap One Bedroom Alpena Apartment?
The lowest price for a Cheap One Bedroom Alpena Apartment is $695 at Shepherd of the Hills Estates Apartments.
What is the lowest price for a Cheap Two Bedroom Alpena Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Alpena is starting from $700 at 2972 Maple Street Hollister MO.
What is the most affordable Alpena Three Bedroom Apartment?
The best deal on a cheap Alpena Three Bedroom Apartment rental is at Ozark Sky Estates and starts from $1,200.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.