
Cheap Apartments for Rent in Austin, AR from $400 (55 Rentals)
Search the lowest-cost Apartments available for rent right now in Austin.


205 N 1st St

3222 AR-367

40 Marie Ln

The Bluffs on McCain

Stonewall Apartments

Oakwood Apartments

Icon Lakewood

201-231 4th St

264 Glenna Ln
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.

185 Charles Dr

266 Glenna Ln

183 Charles Dr

Timbers at Lakewood

Crestwood Apartments

The Luxe Apartments

Woodland's Edge

Village Square of Jacksonville

The Grove on Brockington

The Links at Sherwood
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.

Fairfax Crossing Apartments

Placid Hills Senior Living

Foothills Apartments

Village Square of Cabot

The Ellington

Woodland Terrace

Ridge Road Village Senior Living

Residences at Sherwood

107 S Grant St, Unit B, Unit B

Atlas at Cabot
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.

Parkside

The Pointe North Hills

Woodland Cardinal

The Lakewood House Apartments

Residences at Jacksonville

The Pointe at Cabot

Steeplechase Apartments

Greystone Woods

Cottonwood

The Versailles Apartment Homes
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.

266 Glenna Ln

185 Charles Dr

West Towne Apartments

183 Charles Dr

264 Glenna Ln

Orchards at Cabot

109 N Park St

Arrington Apartments

523 E Main St

Timberwood Apartments
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.
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 | $1,007 | $699 | $1,999 |
| Cheap Austin 1 Bedroom Apartments | $1,163 | $423 | $2,350 |
| Cheap Austin 2 Bedroom Apartments | $1,222 | $635 | $3,555 |
| Cheap Austin 3 Bedroom Apartments | $1,345 | $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
- ZIP codes
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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 The Bluffs on McCain in the Jacksonville Sherwood neighborhood priced from $423. 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 | 1 Bedroom (Phase II) | 1BR,1BA | $423 |
| Stonewall Apartments | 1BR/1BH (POS) | 1BR,1BA | $550 |
| Oakwood Apartments | 1.1S Rehab | 1BR,1BA | $610 |
| Icon Lakewood | Studio | Studio,1BA | $659 |
| The Luxe Apartments | 2bd downstairs upgraded | 2BR,1BA | $745 |
| Village Square of Jacksonville | The Aviator | 2BR,2BA | $785 |
| The Grove on Brockington | 1 bed 1 bath | 1BR,1BA | $795 |
| The Links at Sherwood | Custom | 1BR,1BA | $815 |
| Fairfax Crossing Apartments | 1BR | 1BR,1BA | $825 |
| 523 E Main St | 2 Beds, 1 Baths | 2BR,1BA | $850 |
Best Value Apartments for Rent in Austin, AR
As of May 09, 2026 the best value apartment in the Austin area is the $1.01 price per square foot 3B Model at Foothills Apartments in the in the South Little Rock neighborhood starting from $1,127. 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. |
|---|---|---|---|
| Foothills Apartments | 3B | 2BR,2BA | $1.01 |
| Steeplechase Apartments | Premium 2 Bedroom Apartment Home | 2BR,2BA | $1.02 |
| 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 |
| 523 E Main St | 2 Beds, 1 Baths | 2BR,1BA | $1.06 |
| The Cove at 300 | One Bedroom Renovated | 1BR,1BA | $1.08 |
| Oakwood Apartments | 1.1 S | 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 ArticleReal 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.
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 $423 at The Bluffs on McCain.
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
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.