Cheap Apartments for Rent in Austin, AR from $500 (40 Rentals)

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

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West Towne Apartments
2 Bedroom Apartments

West Towne Apartments

2103 W Beebe Capps ExpySearcy, AR 72143
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Orchards at Cabot
1 to 2 Bedroom Apartments

Orchards at Cabot

555 E Mountain Springs RdCabot, AR 72023
Senior Living
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Timberwood Apartments
1 to 3 Bedroom Apartments

Timberwood Apartments

207 S Hospital BlvdJacksonville, AR 72076
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Apple Valley Townhomes
2 Bedroom Apartments

Apple Valley Townhomes

211 Apple Valley DrSherwood, AR 72120
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Showing Results 1-40, Page 1 of 1

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 $595. 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 ApartmentsRenovated 1Bed, 1Bath Available!1BR,1BA$595
Summit at Valley HeightsThe Bel-Air1BR,1BA$605
Icon LakewoodStudioStudio,1BA$699
The Bluffs on McCain1 Bedroom (Phase II)1BR,1BA$713
Timbers at Lakewood0 Bedroom 1 BathroomStudio,1BA$725
The Luxe Apartments2bd downstairs2BR,1BA$765
The Links at SherwoodCustom1BR,1BA$815
Placid Hills Senior Living1 Bed 1 Bath1BR,1BA$825
The Grove on Brockington1 bed 1 bath1BR,1BA$850

Best Value Apartments for Rent in Austin, AR

As of October 24, 2025 the best value apartment in the Austin area is the $0.85 price per square foot 3 Bedroom Model at Village Square of Jacksonville in the in the Jacksonville Sherwood neighborhood starting from $910. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Village Square of Jacksonville3 Bedroom3BR,2BA$0.85
The Retreat at Sherwood1 Bedroom1BR,1BA$0.91
Fairfax CrossingTwo Bedroom2BR,2BA$0.99
Crestview Apartments2BR/1.5BA2BR,1.5BA$1.00
The Grove on Brockington1 bed 1 bath1BR,1BA$0.97
The Luxe Apartments2bd downstairs2BR,1BA$0.89
The Cove at 300One Bedroom Classic1BR,1BA$1.01
Oakwood ApartmentsRenovated 1Bed, 1Bath Available!1BR,1BA$0.95
Summit at Valley HeightsThe Bel-Air1BR,1BA$0.99
Stonewall Apartments1BR/1BH (POS)1BR,1BA$0.95

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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 $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 Stonewall Apartments and starts from $725.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.