
Cheap Apartments for Rent in Austin, AR from $500 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in Austin.


Stonewall Apartments

Crestwood Apartments

Icon Lakewood

Timbers at Lakewood

Village Square of Jacksonville

Woodland's Edge

The Links at Sherwood

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.

Summit at Valley Heights

Placid Hills Senior Living

Fairfax Crossing

The Grove on Brockington
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.

Woodland Terrace

Foothills Apartments

The Pointe North Hills

Village Square of Cabot

Residences at Sherwood

7 Zero 6 Apartments

Apple Valley Townhomes

The Avenue

Residences at Jacksonville

Greystone Woods
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.

Steeplechase Apartments

268 Glenna Ln
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.

305 S Jackson St

106 S Grant St
Austin, AR Local Guide

How much does it cost to rent an apartment in Austin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Austin Studio Apartments | $947 | $700 | $1,820 |
Cheap Austin 1 Bedroom Apartments | $1,152 | $500 | $2,340 |
Cheap Austin 2 Bedroom Apartments | $1,325 | $635 | $3,555 |
Cheap Austin 3 Bedroom Apartments | $1,420 | $850 | $3,765 |
Browse Top Apartments in Austin
See all Apartments in AustinExplore Austin
Austin, AR Local Guide
- Nearby Cities
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- School Districts
Cheapest Available Austin Apartments for Rent
 The cheapest available apartment rental in Austin, AR is a 1 Bed unit found at Stonewall Apartments in the Little Rock Air Force Base neighborhood priced from $500. Icon Lakewood has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here is today’s list of the most affordable Austin apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Stonewall Apartments | 1BR/1BH (POS) | 1BR,1BA | $500 |
Icon Lakewood | Studio | Studio,1BA | $699 |
Timbers at Lakewood | 0 Bedroom 1 Bathroom | Studio,1BA | $700 |
Village Square of Jacksonville | 1 Bedroom | 1BR,1BA | $715 |
The Links at Sherwood | Custom | 1BR,1BA | $800 |
Summit at Valley Heights | The Biltmore | 1BR,1BA | $806 |
Placid Hills Senior Living | 1 Bed 1 Bath | 1BR,1BA | $825 |
523 E Main St | 2 Beds, 1 Baths | 2BR,1BA | $850 |
The Grove on Brockington | 1 bed 1 bath | 1BR,1BA | $850 |
The Cove at 300 | Two Bedroom Townhome Renovated | 2BR,1BA | $850 |
Best Value Apartments for Rent in Austin, AR
As of July 02, 2025 the best value apartment in the Austin area is the $0.90 price per square foot 2x2.5 1100 Model at Apple Valley Townhomes in the in the Jacksonville Sherwood neighborhood starting from $995. The second greatest value Austin apartment is the Premium 2 Bedroom Apartment Home Model at Steeplechase Apartments starting at $1,075 with a $1.02 price per square foot . 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. |
---|---|---|---|
Apple Valley Townhomes | 2x2.5 1100 | 2BR,2.5BA | $0.90 |
Steeplechase Apartments | Premium 2 Bedroom Apartment Home | 2BR,2BA | $1.02 |
The Cove at 300 | Two Bedroom Townhome Renovated | 2BR,1.5BA | $0.89 |
The Retreat at Sherwood | 1 Bedroom | 1BR,1BA | $0.91 |
Woodland Terrace | 2 Bedroom Classic | 2BR,2BA | $1.03 |
Fairfax Crossing | Two Bedroom | 2BR,2BA | $0.99 |
The Grove on Brockington | 1 bed 1 bath | 1BR,1BA | $0.97 |
523 E Main St | 2 Beds, 1 Baths | 2BR,1BA | $1.06 |
Village Square of Jacksonville | 1 Bedroom | 1BR,1BA | $1.07 |
Stonewall Apartments | 1BR/1BH (POS) | 1BR,1BA | $0.95 |
Quick 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
Getting Around Austin, AR
Walk Score®
6 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
22 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Icon Lakewood listed at $659.
How much is rent for a Cheap One Bedroom Austin Apartment?
The lowest price for a Cheap One Bedroom Austin Apartment is $500 at Stonewall Apartments.
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 $850.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.