Cheap Apartments for Rent in Altus, AR from $400 (61 Rentals)

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

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
Total Monthly Price

Total Monthly Price

Base Rent
$855
Total Monthly Price
$855
1 Bedroom Apartments Available Now

Lofts on Park

3600 Kinkead AveFort Smith, AR 72903
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Tara Gardens
1 to 2 Bedroom Apartments

Tara Gardens

1615 S 22nd StFort Smith, AR 72901
Senior Living

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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St. Andrews Apartments
1 to 2 Bedroom Apartments

St. Andrews Apartments

4901 St Andrews WayFort Smith, AR 72903
  • Utilities Included

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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Altus, AR Local Guide

Cheapest Available Altus Apartments for Rent and Nearby

 

The cheapest available apartment rental in Altus, AR is a 2 Beds unit found at Village Meadows in the Massard neighborhood priced from $400. The Orchard has the second lowest priced unit, which is a Studio apartment currently listed from $525. Here is today’s list of the most affordable Altus apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Village Meadows9801 Meandering Way- Exceptional Quality2BR,1BA$400
The OrchardStudioStudio,1BA$525
The Flats @ 59001.1S Reno1BR,1BA$600
Greystone Apartments1x11BR,1BA$625
Pike PlaceStandard1BR,1BA$630
The Bluffs @ Central1.1 R1BR,1BA$650
Cedar Creek Village Apartments and Townhomes1 Bed / 1 Bath1BR,1BA$675
Mayfair Apartments1x11BR,1BA$675
The Links at Fort SmithCustom1BR,1BA$685
Rena Valley Apartments1 Bedroom 1 Bath1BR,1BA$695

Best Value Apartments for Rent in Altus, AR and Nearby

As of April 23, 2026 the best value apartment in the Altus 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 Altus 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 Altus 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
Forest Oaks Apartments2bd2BR,1.5BA$0.86
Village Meadows2.12BR,1BA$0.94
Flat Rock Creek Apartments1 bed 1 bath Flat Rock Creek1BR,1BA$0.87
Mayfair Apartments1x11BR,1BA$0.90

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Altus, AR Rentals by Map

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Frequently Asked Questions about Cheap Altus Apartments

What is the Cheapest Studio apartment in Altus?

Currently the most affordable Cheap Studio Apartment in Altus is at The Orchard listed at $525.

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

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

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

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

What is the most affordable Altus Three Bedroom Apartment?

The best deal on a cheap Altus 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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.