
Cheap Apartments for Rent in Austin, AR from $500 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in Austin.


300 N 2nd St

504 S Pool St

20 Marie Ln

The Bluffs on McCain

Stonewall Apartments

The Summit at Valley Heights

Oakwood Apartments

Icon Lakewood
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.

Crestwood Apartments

266 Glenna Ln

183 Charles Dr

Woodland's Edge

Woodland Terrace

Total Monthly Price
The Luxe Apartments

Village Square of Jacksonville

The Grove on Brockington

Timbers at Lakewood
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.

The Links at Sherwood

Fairfax Crossing

Placid Hills Senior Living

Foothills Apartments

Village Square of Cabot

Arrington Apartments

The Ellington

Crestview Apartments

Atlas at Cabot
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.

400 E Locust St

Residences at Sherwood

Parkside

Ridge Road Village Senior Living

Greystone Woods

Cottonwood

Residences at Jacksonville

Total Monthly Price
The Pointe at Cabot

Steeplechase Apartments
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.

The Pointe North Hills

West Towne Apartments

183 Charles Dr

109 N Park St

266 Glenna Ln

Orchards at Cabot

300 4th St

Timberwood Apartments

202 N 5th St
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.

124 N Park St

122 N Park St

400 E Locust St

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 |
|---|---|---|---|
| Cheap Austin Studio Apartments | $1,089 | $659 | $1,999 |
| Cheap Austin 1 Bedroom Apartments | $1,179 | $550 | $2,350 |
| Cheap Austin 2 Bedroom Apartments | $1,164 | $521 | $3,555 |
| Cheap Austin 3 Bedroom Apartments | $1,302 | $725 | $3,765 |
| Cheap 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
 The cheapest available apartment rental in Austin, AR is a 2 Beds unit found at The Bluffs on McCain in the Jacksonville Sherwood neighborhood priced from $521. 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 | 2 Bedroom (Phase I) | 2BR,1BA | $521 |
| Stonewall Apartments | 1BR/1BH (POS) | 1BR,1BA | $550 |
| The Summit at Valley Heights | 1 Bed, 1 Bath | 1BR,1BA | $605 |
| Oakwood Apartments | Renovated 1Bed, 1Bath Available! | 1BR,1BA | $610 |
| Icon Lakewood | Studio | Studio,1BA | $659 |
| Woodland Terrace | Studio - Classic | Studio,1BA | $750 |
| The Luxe Apartments | 2bd upstairs upgraded | 2BR,1BA | $765 |
| Village Square of Jacksonville | The Aviator | 2BR,2BA | $785 |
| 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
As of February 16, 2026 the best value apartment in the Austin area is the $0.87 price per square foot 3 Bedrooms Model at Cottonwood in the starting from $995. The second greatest value Austin apartment is the Two Bedroom Townhome Renovated Model at The Cove at 300 starting at $900 with a $0.94 price per square foot in the Jacksonville Sherwood 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. |
|---|---|---|---|
| Cottonwood | 3 Bedrooms | 3BR,2BA | $0.87 |
| The Cove at 300 | Two Bedroom Townhome Renovated | 2BR,1.5BA | $0.94 |
| 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 |
| The Summit at Valley Heights | 2 Bed, 1 Bath | 2BR,1BA | $0.95 |
| The Bluffs on McCain | 1 Bedroom (Phase II) | 1BR,1BA | $1.00 |
| Oakwood Apartments | Renovated 1Bed, 1Bath Available! | 1BR,1BA | $0.98 |
| Stonewall Apartments | 1BR/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.
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 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 $521 at The Bluffs on McCain.
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.