
Cheap Apartments for Rent near Altus, AR from $400 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in Altus.


The Orchard

Total Monthly Price
Aspen Heights

The Bluffs @ Central

Pike Place

Total Monthly Price
The Flats @ 5900

Flat Rock Creek Apartments

Cedar Creek Village Apartments and Townhomes
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.

The Hendrix

Mayfair Apartments

Forest Oaks Apartments

The Links at Fort Smith

Shadow Lake

Kinkead Corner

Marina Apartments

Livin' Lakeside!
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.

Greystone Apartments

Mill Creek Apartments

Ramsey Square Apartments

Pavilion Place Apartments, LLC

Rock Creek Apartments

Total Monthly Price
Village Meadows

Southpoint Apartments

Total Monthly Price
Lofts on Park
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.

Shire Pointe

Tara Gardens

1007 Cedar St

340 W Dogwood St

25100 US-64

1306-1322 N. 47th Street

2020-2024 Baldwin St

Rena Valley Apartments
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.

St. Andrews Apartments

The Belle Grove Apartments

Magnolia Place

The Grove

Cherry Tree

112 S 25th St

313 McKennon Ct

Hillside Townhomes
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.

Willow Lake Townhomes
Altus, AR Local Guide

How much does it cost to rent an apartment in Altus?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Altus Studio Apartments | $1,575 | $525 | $1,750 |
| Altus 1 Bedroom Apartments | $1,516 | $413 | $7,000 |
| Altus 2 Bedroom Apartments | $953 | $559 | $3,450 |
| Altus 3 Bedroom Apartments | $1,589 | $699 | $2,605 |
| Altus 4 Bedroom Apartments | $1,314 | $1,022 | $1,899 |
Browse Top Apartments in Altus
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Altus, AR Local Guide
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Cheapest Available Altus Apartments for Rent and Nearby
 The cheapest available apartment rental in Altus, AR is a Studio unit found at The Orchard priced from $525. Aspen Heights in the Sunnymede neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $595. Here is today’s list of the most affordable Altus apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Orchard | Studio | Studio,1BA | $525 |
| Aspen Heights | STUDIO (GOLDEN) | 1BR,1BA | $595 |
| The Bluffs @ Central | 1.1 R | 1BR,1BA | $600 |
| Pike Place | Standard | 1BR,1BA | $630 |
| The Flats @ 5900 | 1.1S Reno | 1BR,1BA | $650 |
| Mayfair Apartments | 1x1 | 1BR,1BA | $675 |
| Cedar Creek Village Apartments and Townhomes | 1 Bed / 1 Bath | 1BR,1BA | $675 |
| Forest Oaks Apartments | 1bd | 1BR,1BA | $680 |
| The Links at Fort Smith | Custom | 1BR,1BA | $685 |
| Shadow Lake | Standard | 1BR,1BA | $695 |
Best Value Apartments for Rent in Altus, AR and Nearby
As of July 18, 2026 the best value apartment in the Altus area is the $0.32 price per square foot Bedroom D Model at University Park Place in the in the Sunnymede neighborhood starting from $599. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| University Park Place | Bedroom D | 1BR,1BA | $0.32 |
| CompassRCG Management | North Pointe I (SF4) | 4BR,2BA | $0.77 |
| Riverview Condominiums at Park Ridge | 3 Bedroom | 3BR,2BA | $0.95 |
| Forrest Brook Apartments | 2.1.5 | 2BR,1.5BA | $0.95 |
| Flat Rock Creek Apartments | 2 bed 1 bath Flat Rock Creek | 2BR,1BA | $0.80 |
| Welcome to Stone Creek! | 2.2 | 2BR,2BA | $0.94 |
| Southpoint Apartments | 2bd/2ba- B Plan Upstairs | 2BR,2BA | $0.90 |
| The Hendrix | 2.1 R | 2BR,1BA | $0.95 |
| Parklane Apartments | 2 Bed 1 Bath | 2BR,1BA | $0.03 |
| Mayfair Apartments | 1x1 | 1BR,1BA | $0.90 |
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 Altus, AR Rentals by Map
See the most popular apartments and homes in Altus, AR
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 $595 at Aspen Heights.
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 $700 at Pike Place.
What is the most affordable Altus Three Bedroom Apartment?
The best deal on a cheap Altus Three Bedroom Apartment rental is at CompassRCG Management and starts from $912.
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.