Cheap Apartments for Rent near Armorel, AR from $397 (44 Rentals)

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

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.

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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.

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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.

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Country View
1 to 3 Bedroom Apartments

Country View

3990 Stephanie LnMemphis, TN 38128
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Annie's Townhomes
1 to 3 Bedroom Apartments

Annie's Townhomes

2603 Pojest DrMemphis, TN 38127
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Grove Apartments
1 to 3 Bedroom Apartments

Grove Apartments

2105 Saint John AveDyersburg, TN 38024
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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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Showing Results 1-44, Page 1 of 1

Armorel, AR Local Guide

Cheapest Available Armorel Apartments for Rent and Nearby

 

The cheapest available apartment rental in Armorel, AR is a 2 Beds unit found at Heyward Park in the Covington neighborhood priced from $470. Capri has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Armorel apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Heyward Park2 Bedroom 2 Bath2BR,2BA$470
CapriDiamond1BR,1BA$600
SilverwoodClassic1BR,1BA$670
Chapel Ridge of RipleyOne Bedroom One Bathroom1BR,1BA$697
Hilldale Apartments1x11BR,1BA$700
Luxe at Raleigh1 Bedroom, 1 Bathroom1BR,1BA$775
Carriage House ApartmentsTop Floor "Vaulted" 1 Bed 1 Bath1BR,1BA$840
Regency at Raleigh2 bedroom, 1.5 bath2BR,1BA$840
The Grove Commons on Marr Drive2 bedroom x 1 bath2BR,1BA$875
Lexington Apartments22G602BR,2BA$895

Best Value Apartments for Rent in Armorel, AR and Nearby

As of September 08, 2026 the best value apartment in the Armorel area is the $0.74 price per square foot 4 Bed, 3 Bath Model at Sunridge Townhomes in the in the Raleigh neighborhood starting from $1,545. The second greatest value Armorel apartment is the 2 Bedroom 1.5 Bath Townhome-60% P Model at Crockett Park Place starting at $1,213 with a $1.01 price per square foot in the Frayser neighborhood. Here is today’s list of the best values for Armorel apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sunridge Townhomes4 Bed, 3 Bath4BR,3BA$0.74
Crockett Park Place2 Bedroom 1.5 Bath Townhome-60% P2BR,1.5BA$1.01
Heyward Park3 Bedroom 2 Bath3BR,2BA$0.44
Country ViewC13BR,2BA$0.85
Sunrise Luxury Apartments22G502BR,2BA$1.13
Hilldale Apartments3x13BR,1.5BA$0.90
Regency at Raleigh2 bedroom, 1.5 bath2BR,1.5BA$0.90
Chapel Ridge of RipleyTwo Bedroom Two Bathroom2BR,1BA$1.11
Casa Bonita Apartments2BR/1BA2BR,1BA$0.84
Lexington Apartments22G602BR,2BA$1.03

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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 Armorel, AR Rentals by Map

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See the most popular apartments and homes in Armorel, AR

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Frequently Asked Questions about Cheap Armorel Apartments

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

The lowest price for a Cheap One Bedroom Armorel Apartment is $600 at Capri.

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

Today's best deal for a Cheap Two Bedroom Apartment in Armorel is starting from $470 at Heyward Park.

What is the most affordable Armorel Three Bedroom Apartment?

The best deal on a cheap Armorel Three Bedroom Apartment rental is at Heyward Park and starts from $524.

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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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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.