Cheap Apartments for Rent in Bay, AR from $500 (41 Rentals)

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

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.

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Caraway Commons
Rent Specials
$850 - $1,150
Total Monthly Price

Total Monthly Price

Base Rent
$850 - $1,150
Total Monthly Price
$850 - $1,150
1 to 3 Bedroom Apartments Available Now

Caraway Commons

3308 Caraway Commons DrJonesboro, AR 72404
Outdoors
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

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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.

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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.

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Villas at Jonesboro
1 to 2 Bedroom Apartments

Villas at Jonesboro

983 N Patrick StJonesboro, AR 72401
Senior Living
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Sundance Townhomes
2 Bedroom Apartments

Sundance Townhomes

1912 Word CvJonesboro, AR 72401
Student Housing
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-41, Page 1 of 1

Bay, AR Local Guide

Cheapest Available Bay Apartments for Rent and Nearby

 

The cheapest available apartment rental in Bay, AR is a 1 Bed unit found at The Vue on Self Circle in the Downtown Jonesboro neighborhood priced from $575. Cedar Manor Apartments in the Downtown Jonesboro neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $575. Here is today’s list of the most affordable Bay apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Vue on Self Circle1BR/1BA1BR,1BA$575
Cedar Manor ApartmentsStudioStudio,1BA$575
CapriCopper1BR,1BA$595
SilverwoodStandard1BR,1BA$660
Park LakeStandard1BR,1BA$665
Gladiola EstatesStandard 1 Bedroom1BR,1BA$665
The Links at JonesboroCustom1BR,1BA$720
Courtyard @ The Corner2 Bedroom, 1 Bathroom2BR,1BA$725
Greenways at MarionThe Mulligan1BR,1BA$790
Williamsburg ApartmentsMEDIUM 2BR/1BA2BR,1BA$790

Best Value Apartments for Rent in Bay, AR and Nearby

As of June 23, 2026 the best value apartment in the Bay area is the $1.15 price per square foot 2X2 Model at The Landing at Greensborough Village in the in the Downtown Jonesboro neighborhood starting from $1,550. The second greatest value Bay apartment is the 2X2.5 Model at Willow Creek Townhomes starting at $1,397 with a $1.16 price per square foot . Here is today’s list of the best values for Bay apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Landing at Greensborough Village2X22BR,2BA$1.15
Willow Creek Townhomes2X2.52BR,2.5BA$1.16
The Oak Townhomes2 Bed 1.5 Bath - Morganne Dr2BR,1.5BA$0.83
Deerfield CrossingTwo Bedroom Townhome2BR,2BA$1.18
Caraway Commons2BR2BR,2BA$0.95
Williamsburg ApartmentsMEDIUM 2BR/1BA2BR,1BA$0.83
Grand Oak Place2x12BR,1BA$1.16
The Vue on Self Circle2BR/1.5BA2BR,1.5BA$1.08
Courtyard @ The Corner1 Bedroom, 1 Bathroom1BR,1BA$1.22
Cedar Manor ApartmentsStudioStudio ,1BA$1.20

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.

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Real 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.

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Quick Rent Budget Calculator

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Bay, AR Rentals by Map

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Frequently Asked Questions about Cheap Bay Apartments

How much is rent for a Cheap One Bedroom Bay Apartment?

The lowest price for a Cheap One Bedroom Bay Apartment is $575 at The Vue on Self Circle.

What is the lowest price for a Cheap Two Bedroom Bay Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Bay is starting from $700 at The Vue on Self Circle.

What is the most affordable Bay Three Bedroom Apartment?

The best deal on a cheap Bay Three Bedroom Apartment rental is at Courtyard @ The Corner and starts from $900.

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

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.