
Cheap Apartments for Rent in Austin, AR from $500 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Austin.


25 Opal Mae

Stonewall Apartments

Oakwood Apartments

Summit at Valley Heights

Crestwood 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.

Village Square of Jacksonville

Timbers at Lakewood

Woodland's Edge

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.

The Links at Sherwood

Fairfax Crossing

Placid Hills Senior Living

Foothills Apartments

The Pointe North Hills

The Grove on Brockington

The Ellington

Village Square of Cabot

Woodland Terrace
The 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.

Residences at Sherwood

7 Zero 6 Apartments

Greystone Woods

The Lakewood House Apartments

Residences at Jacksonville

The Pointe at Cabot

Steeplechase Apartments

21 Oddie Ln
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.

163 Charles Dr

300 4th St

409 N Jackson St
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

401 E Myrtle St

418 W Locust 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 | $934 | $699 | $1,820 |
Cheap Austin 1 Bedroom Apartments | $1,149 | $500 | $2,340 |
Cheap Austin 2 Bedroom Apartments | $1,297 | $635 | $3,555 |
Cheap Austin 3 Bedroom Apartments | $1,380 | $850 | $3,765 |
Browse Top Apartments in Austin
See all Apartments in AustinExplore Austin
Austin, AR Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- 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. 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 $595. 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 |
Oakwood Apartments | Renovated 1Bed, 1Bath Available! | 1BR,1BA | $595 |
Summit at Valley Heights | The Bel-Air | 1BR,1BA | $605 |
Icon Lakewood | Studio | Studio,1BA | $699 |
Village Square of Jacksonville | 1 Bedroom | 1BR,1BA | $715 |
Timbers at Lakewood | 0 Bedroom 1 Bathroom | Studio,1BA | $725 |
The Cove at 300 | One Bedroom Renovated | 1BR,1BA | $750 |
The Luxe Apartments | 2bd upstairs upgraded | 2BR,1BA | $765 |
523 E Main St | 2 Beds, 1 Baths | 2BR,1BA | $795 |
The Links at Sherwood | Custom | 1BR,1BA | $815 |
Best Value Apartments for Rent in Austin, AR
As of September 08, 2025 the best value apartment in the Austin area is the $0.96 price per square foot 2 Bedroom/2 Bath Model at Village Square of Cabot in the starting from $951. The second greatest value Austin apartment is the 1 Bedroom Model at The Retreat at Sherwood starting at $875 with a $0.91 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. |
---|---|---|---|
Village Square of Cabot | 2 Bedroom/2 Bath | 2BR,2BA | $0.96 |
The Retreat at Sherwood | 1 Bedroom | 1BR,1BA | $0.91 |
Fairfax Crossing | Two Bedroom | 2BR,2BA | $0.99 |
The Grove on Brockington | 1 bed 1 bath | 1BR,1BA | $0.97 |
The Luxe Apartments | 2bd downstairs | 2BR,1BA | $0.89 |
523 E Main St | 2 Beds, 1 Baths | 2BR,1BA | $0.99 |
The Cove at 300 | One Bedroom Renovated | 1BR,1BA | $1.01 |
Oakwood Apartments | Renovated 1Bed, 1Bath Available! | 1BR,1BA | $0.95 |
Summit at Valley Heights | The Bel-Air | 1BR,1BA | $0.99 |
Stonewall Apartments | 1BR/1BH (POS) | 1BR,1BA | $0.95 |
Quick Rent Budget Calculator
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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 $699.
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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.