
Cheap Apartments for Rent in Austin, AR from $400 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in Austin.


Stonewall Apartments

The Summit at Valley Heights

Oakwood Apartments

Icon Lakewood

Total Monthly Price
Village Square of Jacksonville

Crestwood Apartments

266 Glenna Ln

183 Charles 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.

185 Charles Dr

Woodland's Edge

Total Monthly Price
The Luxe Apartments

The Grove on Brockington

Timbers at Lakewood

The Links at Sherwood

Placid Hills Senior Living

Foothills Apartments

Arrington Apartments
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.

Total Monthly Price
Village Square of Cabot

Fairfax Crossing Apartments

Crestview Apartments

The Ellington

Woodland Terrace

Ridge Road Village

Residences at Sherwood

Parkside

107 S Grant St, Unit C
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.

266 Glenna Ln

185 Charles Dr

21 Oddie Ln

183 Charles Dr

West Towne Apartments

Orchards at Cabot

523 E Main St

Timberwood Apartments

124 N Park St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

122 N Park St

15 Oddie Ln

Apple Valley Townhomes
Austin, AR Local Guide

How much does it cost to rent an apartment in Austin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Austin Studio Apartments | $1,005 | $650 | $1,999 |
| Austin 1 Bedroom Apartments | $1,186 | $423 | $2,350 |
| Austin 2 Bedroom Apartments | $1,149 | $635 | $3,555 |
| Austin 3 Bedroom Apartments | $1,272 | $725 | $3,765 |
| Austin 4 Bedroom Apartments | $1,530 | $1,530 | $1,530 |
Browse Top Apartments in Austin
See all Apartments in AustinExplore Austin
Austin, AR Local Guide
- Nearby Cities
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Cheapest Available Austin Apartments for Rent and Nearby
 The cheapest available apartment rental in Austin, AR is a 1 Bed unit found at The Bluffs on McCain in the Jacksonville Sherwood neighborhood priced from $423. Stonewall Apartments in the Little Rock Air Force Base neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Austin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Bluffs on McCain | 1 Bedroom (Phase II) | 1BR,1BA | $423 |
| Stonewall Apartments | 1BR/1BH (POS) | 1BR,1BA | $550 |
| The Summit at Valley Heights | 1 Bed, 1 Bath | 1BR,1BA | $605 |
| Oakwood Apartments | 1.1S Rehab | 1BR,1BA | $610 |
| The Cove at 300 | Studio Renovated | Studio,1BA | $650 |
| Village Square of Jacksonville | The Cadet | 1BR,1BA | $720 |
| Icon Lakewood | 1 Bedroom 751 | 1BR,1BA | $759 |
| The Luxe Apartments | 2bd upstairs | 2BR,1BA | $765 |
| The Grove on Brockington | 1 bed 1 bath | 1BR,1BA | $795 |
| Timbers at Lakewood | 1 Bedroom 1 Bathroom | 1BR,1BA | $805 |
Best Value Apartments for Rent in Austin, AR and Nearby
As of March 28, 2026 the best value apartment in the Austin area is the $1.02 price per square foot Premium 2 Bedroom Apartment Home Model at Steeplechase Apartments in the starting from $1,075. The second greatest value Austin apartment is the 2 Bedroom Classic Model at Woodland Terrace starting at $1,050 with a $1.05 price per square foot in the South Little Rock neighborhood. Here is today’s list of the best values for Austin apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Steeplechase Apartments | Premium 2 Bedroom Apartment Home | 2BR,2BA | $1.02 |
| Woodland Terrace | 2 Bedroom Classic | 2BR,2BA | $1.05 |
| The Retreat at Sherwood | 1 Bedroom | 1BR,1BA | $0.91 |
| Crestview Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.00 |
| The Grove on Brockington | 1 bed 1 bath | 1BR,1BA | $0.90 |
| The Luxe Apartments | 2bd upstairs | 2BR,1BA | $0.89 |
| 523 E Main St | 2 Beds, 1 Baths | 2BR,1BA | $1.06 |
| The Summit at Valley Heights | 2 Bed, 1 Bath | 2BR,1BA | $0.95 |
| Oakwood Apartments | 1.1S Rehab | 1BR,1BA | $0.98 |
| Stonewall Apartments | 1BR/1BH (POS) | 1BR,1BA | $0.95 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 Austin, AR Rentals by Map
See the most popular apartments and homes in Austin, AR
Frequently Asked Questions about Cheap Austin Apartments
What is the Cheapest Studio apartment in Austin?
Currently the most affordable Cheap Studio Apartment in Austin is at The Cove at 300 listed at $650.
How much is rent for a Cheap One Bedroom Austin Apartment?
The lowest price for a Cheap One Bedroom Austin Apartment is $423 at The Bluffs on McCain.
What is the lowest price for a Cheap Two Bedroom Austin Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Austin is starting from $635 at Stonewall Apartments.
What is the most affordable Austin Three Bedroom Apartment?
The best deal on a cheap Austin Three Bedroom Apartment rental is at Stonewall Apartments and starts from $725.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.