
Cheap Homes for Rent near Altus, AR from $600 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Altus.


1007 Cedar St

25100 US-64

10 W 4th St

112 S 25th St

313 McKennon Ct
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.

1400 Bon Air St

110 Perry St

17237 N Hwy 71

707 Louise St

1139 W Denver St

261 Locust Dr
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.
Altus, AR Local Guide

How much does it cost to rent a home in Altus?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Altus 2 Bedroom Homes for Rent | $865 | $700 | $1,200 |
| Altus 3 Bedroom Homes for Rent | $1,765 | $975 | $3,200 |
| Altus 4 Bedroom Homes for Rent | $1,967 | $1,400 | $3,000 |
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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 |
| Flat Rock Creek Apartments | 1 bed, 1 bath Newly Remodeled | 1BR,1BA | $650 |
Best Value Apartments for Rent in Altus, AR and Nearby
As of July 12, 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 |
| Welcome to Stone Creek! | 2.2 | 2BR,2BA | $0.94 |
| Harbortown Apartments | 2.2 | 2BR,2BA | $0.95 |
| Southpoint Apartments | 2bd/2ba- B Plan Upstairs | 2BR,2BA | $0.90 |
| The Hendrix | 2.1 R | 2BR,1BA | $0.95 |
| Flat Rock Creek Apartments | 1 bed, 1 bath Newly Remodeled | 1BR,1BA | $0.87 |
| Mayfair Apartments | 1x1 | 1BR,1BA | $0.90 |
| Forest Oaks Apartments | 1bd | 1BR,1BA | $0.96 |
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!
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Frequently Asked Questions about Altus
What type of rentals are currently available in Altus?
There are currently 68 Apartments for Rent in Altus, AR with pricing that ranges from $413 to $7,000. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Altus ranging from $600 to $3,200.
What is the current price range for Rental Homes in Altus?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Altus ranges from $600 to $3,200 with an average monthly rent of $1,305.
How much are larger Three and Four Bedroom Rentals in Altus?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Altus range from $699 to $2,605, while Three Bedroom Homes, Condos, and Townhomes for rent range from $975 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $1,022.
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

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.

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.