Cheap Apartments for Rent in Austin, AR from $500 (52 Rentals)

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

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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Cash 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.

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West Towne Apartments
2 Bedroom Apartments

West Towne Apartments

2103 W Beebe Capps ExpySearcy, AR 72143
  • Utilities Included

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.

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Orchards at Cabot
1 to 2 Bedroom Apartments

Orchards at Cabot

555 E Mountain Springs RdCabot, AR 72023
Senior Living
  • Utilities Included
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Arrington Apartments
1 to 3 Bedroom Apartments

Arrington Apartments

6301 Camp Robinson RdNorth Little Rock, AR 72118
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523 E Main St
2 Bedroom Apartments

523 E Main St

523 E Main StCabot, AR 72023
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Timberwood Apartments
1 to 3 Bedroom Apartments

Timberwood Apartments

207 S Hospital BlvdJacksonville, AR 72076
  • Utilities Included

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.

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Showing Results 1-50, Page 1 of 2

Austin, AR Local Guide

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 $550. Oakwood Apartments in the Little Rock Air Force Base neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $610. Here is today’s list of the most affordable Austin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stonewall Apartments1BR/1BH (POS)1BR,1BA$550
Oakwood Apartments1.1S Rehab1BR,1BA$610
Icon LakewoodStudioStudio,1BA$659
The Bluffs on McCain1 Bedroom (Phase II)1BR,1BA$713
Village Square of JacksonvilleThe Cadet1BR,1BA$720
Crestwood Apartments1 Bed 1 Bath1BR,1BA$725
Timbers at Lakewood0 Bedroom 1 BathroomStudio,1BA$725
The Luxe Apartments2bd downstairs upgraded2BR,1BA$765
The Grove on Brockington1 bed 1 bath1BR,1BA$795
The Links at SherwoodCustom1BR,1BA$815

Best Value Apartments for Rent in Austin, AR

As of June 10, 2026 the best value apartment in the Austin area is the $1.00 price per square foot 2 Bedroom - 1175 Model at The Retreat at Sherwood in the in the Jacksonville Sherwood neighborhood starting from $1,175. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Retreat at Sherwood2 Bedroom - 11752BR,2BA$1.00
Steeplechase ApartmentsPremium 2 Bedroom Apartment Home2BR,2BA$1.02
Cottonwood2 Bedrooms2BR,1BA$0.91
Crestview Apartments2BR/1.5BA2BR,1.5BA$1.00
The Grove on Brockington1 bed 1 bath1BR,1BA$0.90
Village Square of CabotThe Homestead2BR,1BA$1.02
The Luxe Apartments2bd downstairs upgraded2BR,1BA$0.89
The Bluffs on McCain2 Bedroom (Phase I)2BR,1BA$1.01
Oakwood Apartments1.1 S1BR,1BA$0.98
Stonewall Apartments1BR/1BH (POS)1BR,1BA$0.95

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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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.

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

Explore Austin, AR Rentals by Map

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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 $550 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 Village Square of Jacksonville and starts from $910.

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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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.

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.