
Cheap Homes for Rent in Austin, AR from $500 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Austin.


266 Glenna Ln

266 Glenna Ln

109 N Park St
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.

300 4th St

1155 Jackson Rd

20 Marie Ln

124 N Park St
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.
Austin, AR Local Guide

How much does it cost to rent a home in Austin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Austin 2 Bedroom Homes for Rent | $790 | $725 | $950 |
| Austin 3 Bedroom Homes for Rent | $1,560 | $900 | $3,800 |
| Austin 4 Bedroom Homes for Rent | $1,624 | $1,350 | $1,900 |
Browse Top Homes for Rent in Austin
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Austin, AR Local Guide
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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. The Summit at Valley Heights in the Jacksonville Sherwood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $605. 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 | $550 |
| The Summit at Valley Heights | 1 Bed, 1 Bath | 1BR,1BA | $605 |
| Oakwood Apartments | Renovated 1Bed, 1Bath Available! | 1BR,1BA | $610 |
Best Value Apartments for Rent in Austin, AR
As of December 31, 2025 the best value apartment in the Austin area is the $0.91 price per square foot 1 Bedroom Model at The Retreat at Sherwood in the in the Jacksonville Sherwood neighborhood starting from $875. The second greatest value Austin apartment is the 2 Bedrooms Model at Cottonwood starting at $865 with a $0.91 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. |
|---|---|---|---|
| The Retreat at Sherwood | 1 Bedroom | 1BR,1BA | $0.91 |
| Cottonwood | 2 Bedrooms | 2BR,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 |
| Arrington Apartments | 1 X 1 | 1BR,1BA | $1.00 |
| The Summit at Valley Heights | 2 Bed, 1 Bath | 2BR,1BA | $0.95 |
| The Cove at 300 | One Bedroom Renovated | 1BR,1BA | $0.98 |
| 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 Austin
What type of rentals are currently available in Austin?
There are currently 62 Apartments for Rent in Austin, AR with pricing that ranges from $550 to $3,765. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Austin ranging from $525 to $3,800.
What is the current price range for Rental Homes in Austin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Austin ranges from $525 to $3,800 with an average monthly rent of $1,124.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!