Cheap Apartments for Rent in Altus, AR from $400 (48 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
$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
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Tara Gardens
1 to 2 Bedroom Apartments

Tara Gardens

1615 S 22nd StFort Smith, AR 72901
Senior Living

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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St. Andrews Apartments
1 to 2 Bedroom Apartments

St. Andrews Apartments

4901 St Andrews WayFort Smith, AR 72903
  • Utilities Included

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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Hillside Townhomes
2 Bedroom Apartments

Hillside Townhomes

713 N 7th StVan Buren, AR 72956
  • Utilities Included
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Willow Lake Townhomes
2 to 4 Bedroom Apartments

Willow Lake Townhomes

1400 Albert Pike AveFort Smith, AR 72903
  • Utilities Included
Showing Results 1-48, Page 1 of 1

Altus, AR Local Guide

Cheapest Available Altus Apartments for Rent and Nearby

 

The cheapest available apartment rental in Altus, AR is a 3 Beds unit found at Parklane Apartments priced from $25. Village Meadows in the Massard neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $400. Here is today’s list of the most affordable Altus apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parklane Apartments3 Bed 1 Bath3BR,1BA$25
Village Meadows9801 Meandering Way- Exceptional Quality2BR,1BA$400
The OrchardStudioStudio,1BA$525
The Flats @ 59001.1L Reno1BR,1BA$600
The Bluffs @ Central1.1 R1BR,1BA$600
Pike PlaceStandard1BR,1BA$630
Flat Rock Creek Apartments1 bed, 1 bath Newly Remodeled1BR,1BA$650
Mayfair Apartments1x11BR,1BA$675
Forest Oaks Apartments1bd1BR,1BA$680
The Links at Fort SmithCustom1BR,1BA$685

Best Value Apartments for Rent in Altus, AR and Nearby

As of June 06, 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$0.86
1306-1322 N. 47th Street2 Bed / 2 Bath2BR,2BA$0.74
Marina Apartments2 Bedroom, 2 Bathroom- B plan2BR,2BA$0.90
Southpoint Apartments2bd/2ba- B Plan Upstairs2BR,2BA$0.90
Aspen Heights2 Bed, 1.5 Bath2BR,1.5BA$0.91
Parklane Apartments2 Bed 1 Bath2BR,1BA$0.03
Flat Rock Creek Apartments1 bed, 1 bath Newly Remodeled1BR,1BA$0.87
Mayfair Apartments1x11BR,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.

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Real 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.

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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!

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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 Bluffs @ Central.

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 Parklane Apartments and starts from $25.

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

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.