Cheap Apartments for Rent near Cleveland, AR from $525 (47 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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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Park Ridge at Conway
1 to 2 Bedroom Apartments

Park Ridge at Conway

1960 Rich Smith LnConway, AR 72032
  • 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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Cleveland, AR Local Guide

Cheapest Available Cleveland Apartments for Rent and Nearby

 

The cheapest available apartment rental in Cleveland, AR is a Studio unit found at Cadron Commons priced from $525. Parker Place Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $610. Here is today’s list of the most affordable Cleveland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cadron CommonsStudioStudio,1BA$525
Parker Place ApartmentsStudioStudio,1BA$610
Cumberland Square Apartments1BR/1BA1BR,1BA$650
Salem ParkStandard1BR,1BA$655
GermantownStandard1BR,1BA$655
Fox RunStandard1BR,1BA$655
WestlakeStandard1BR,1BA$705
Centennial Valley I/IICustom IV1BR,1BA$725
Spring Lake I/IIStandard Phase I1BR,1BA$725
The Dels - Russellville1 Bed 1 Bath1BR,1BA$725

Best Value Apartments for Rent in Cleveland, AR and Nearby

As of September 09, 2026 the best value apartment in the Cleveland area is the $0.97 price per square foot D1TH Model at German Oaks Townhomes in the in the Conway neighborhood starting from $1,520. The second greatest value Cleveland apartment is the 2 Bedroom, 2 Bath Model at University Park Apartments starting at $903 with a $0.95 price per square foot in the Conway neighborhood. Here is today’s list of the best values for Cleveland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
German Oaks TownhomesD1TH3BR,2.5BA$0.97
University Park Apartments2 Bedroom, 2 Bath2BR,2BA$0.95
Edge at Conway2X22BR,2BA$0.72
Remington Apartments2x22BR,2BA$0.85
The Greens at Nutters ChapelClassic Deluxe II2BR,1BA$1.02
The Ridge at MeadowlakeB12BR,1BA$1.01
River Valley FlatsOne Bedroom w/Bathroom in 4BR Flat - LIVING ROO...3BR,4BA$0.48
Parker Place Apartments1 Bed 1 Bath1BR,1BA$1.02
Cumberland Square Apartments1BR/1BA1BR,1BA$1.03
Cadron CommonsStudioStudio ,1BA$1.02

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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!

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Frequently Asked Questions about Cheap Cleveland Apartments

What is the Cheapest Studio apartment in Cleveland?

Currently the most affordable Cheap Studio Apartment in Cleveland is at Cadron Commons listed at $525.

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

The lowest price for a Cheap One Bedroom Cleveland Apartment is $650 at Cumberland Square Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Cleveland is starting from $745 at Fox Run.

What is the most affordable Cleveland Three Bedroom Apartment?

The best deal on a cheap Cleveland Three Bedroom Apartment rental is at Parker Place Apartments and starts from $925.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.