Cheap Apartments for Rent in Conway, AR from $400 (24 Rentals)

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

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.

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.

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Edge at Conway
2 to 4 Bedroom Apartments

Edge at Conway

530 S Donaghey AveConway, AR 72034
Student Housing
  • Utilities Included
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Plaza Pointe Apartments
1 to 2 Bedroom Apartments

Plaza Pointe Apartments

2400 Market Plaza DrConway, AR 72032
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Conway, AR Local Guide

Cheapest Neighborhoods for Apartments in Conway, AR

Pricing Updated: 06/14/2025

Current apartment rentals in the Conway, AR area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Conway Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Conway$1,350$550117

Cheapest Available Conway Apartments for Rent

 

The cheapest available apartment rental in Conway, AR is a 1 Bed unit found at Fox Run in the Conway neighborhood priced from $635. Salem Park in the Conway neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $635. Here is today’s list of the most affordable Conway apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fox RunStandard1BR,1BA$635
Salem ParkStandard1BR,1BA$635
GermantownStandard1BR,1BA$635
WestlakeStandard1BR,1BA$685
Centennial Valley I/IIClassic - Phase II1BR,1BA$695

Best Value Apartments for Rent in Conway, AR

As of June 14, 2025 the best value apartment in the Conway area is the $0.48 price per square foot 2BD 2BA Model at 320-330 Griffith St in the in the Conway neighborhood starting from $1,200. The second greatest value Conway apartment is the D1TH Model at German Oaks Townhomes starting at $1,399 with a $0.90 price per square foot in the Conway neighborhood. Here is today’s list of the best values for Conway apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
320-330 Griffith St2BD 2BA2BR,2BA$0.48
German Oaks TownhomesD1TH3BR,2.5BA$0.90
12 Hundred Place2 Bed 2 1/2 Bath-Townhome2BR,2.5BA$1.12
3020-3044 Donnell Ridge Rd2 Bed2BR,1.5BA$1.14
Rock Creek Conway2 Bedroom2BR,2BA$1.05
The Pointe at ConwayOne Bedroom w/ bonus room1BR,1BA$1.11
Woodland OaksThe Chestnut2BR,1BA$1.06
Glenrock Apartments2 BR2BR,2BA$1.06
The Village Apartments2 Bedroom 1 Bath2BR,1BA$1.10
St James Park Apartments1 Bed, 1 bath1BR,1BA$1.11

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Conway, AR
Population: 66,426

Ranked #558

in US Census Population by City

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

Explore Conway, AR Rentals by Map

View MapConway, AR Apartments MapView MapConway, AR Rental Homes Map

Getting Around Conway, AR

Walk Score®

45 / 100

Car-Dependent

Most errands require a car

Bike Score®

43 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Conway Apartments

What is the price of a cheap apartment in Conway?

The cheapest apartment in Conway is Fox Run which is listed at $635, while the average apartment in Conway costs $1,350.

What types of apartments are the cheapest in Conway?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 17 regular apartments in Conway that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Conway?

Cheap apartments in Conway have an average cost of $519 which is $831 cheaper than the average rent for all rentals in Conway.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.