Cheap Apartments for Rent near Armorel, AR from $500 (27 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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1 to 3 Bedroom Apartments

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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

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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Showing Results 1-27, 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 1 Bed unit found at Capri priced from $600. Chapel Ridge of Ripley has the second lowest priced unit, which is a 1 Bed apartment currently listed from $697. Here is today’s list of the most affordable Armorel apartments for rent:

Apartment ListingModel NameBed/BathPriced From
CapriDiamond1BR,1BA$600
Chapel Ridge of RipleyOne Bedroom One Bathroom1BR,1BA$697
Hilldale Apartments1x11BR,1BA$700
Regency at Raleigh1 bedroom, 1 bath1BR,1BA$740
Luxe at Raleigh1 Bedroom, 1 Bathroom1BR,1BA$775
SilverwoodClassic2BR,1BA$780
Lexington Apartments11G501BR,1BA$795
Grove Apartments1 Bedroom1BR,1BA$825
Carriage House ApartmentsTop Floor "Vaulted" 1 Bed 1 Bath1BR,1BA$840
Timberline Flats1 Bedroom1BR,1BA$910

Best Value Apartments for Rent in Armorel, AR and Nearby

As of July 24, 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
Sunrise Luxury Apartments22G502BR,2BA$1.13
Hilldale Apartments3x13BR,1.5BA$0.90
Chapel Ridge of RipleyTwo Bedroom Two Bathroom2BR,1BA$1.11
Brownsville FlatsB-1 50% PBV2BR,1BA$1.04
Casa Bonita Apartments2BR/1BA2BR,1BA$0.84
SilverwoodClassic2BR,1BA$0.92
Grove Apartments1 Bedroom1BR,1BA$1.12
Regency at Raleigh1 bedroom, 1 bath1BR,1BA$1.04

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

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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 $750 at Capri.

What is the most affordable Armorel Three Bedroom Apartment?

The best deal on a cheap Armorel Three Bedroom Apartment rental is at Hilldale Apartments and starts from $900.

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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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.

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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.

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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.