Cheap Apartments for Rent in Conway, AR from $500 (39 Rentals)

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

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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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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Plaza Pointe Apartments
1 to 2 Bedroom Apartments

Plaza Pointe Apartments

2400 Market Plaza DrConway, AR 72032
  • Utilities Included

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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JLofts Downtown
Studio to 2 Bedroom Apartments

JLofts Downtown

1050 Spencer StConway, AR 72032
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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

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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Stonegate
3 Bedroom Apartments

Stonegate

1410 Robins StConway, AR 72034
Showing Results 1-39, Page 1 of 1

Conway, AR Local Guide

Cheapest Neighborhoods for Apartments in Conway, AR

Pricing Updated: 11/24/2025

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$1,305$65595

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 $655. Salem Park in the Conway neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $655. Here is today’s list of the most affordable Conway apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fox RunStandard1BR,1BA$655
Salem ParkStandard1BR,1BA$655
GermantownStandard1BR,1BA$655
WestlakeStandard1BR,1BA$705
Centennial Valley I/IIClassic - Phase II1BR,1BA$715
Westbury Park Apartments1 Bedroom 1 Bath1BR,1BA$725
The Links at Cadron ValleyClassic Deluxe II1BR,1BA$775
The Fairways at Nutters ChapelClassic Deluxe II1BR,1BA$780
The Greens at Nutters ChapelClassic Deluxe II1BR,1BA$780
University Park Apartments2 Bedroom, 2 Bath2BR,2BA$845

Best Value Apartments for Rent in Conway, AR

As of November 24, 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 C1TH Model at German Oaks Townhomes starting at $1,290 with a $0.93 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 TownhomesC1TH2BR,2BA$0.93
Centerstone Apartment HomesTwo Bedroom Flat w/ Garage2BR,2BA$1.09
The Pointe at ConwayTwo Bedroom (ground floor)2BR,2BA$1.15
University Park Apartments2 Bedroom, 2 Bath - Large2BR,2BA$0.93
The VillageThe Ouachita2BR,2BA$1.02
Woodland OaksThe Chestnut2BR,1BA$1.06
12 Hundred Place1 Bed 1 Bath1BR,1BA$1.13
Westbury Park Apartments1 Bedroom 1 Bath1BR,1BA$0.95
Rock Creek Conway1 Bedroom1BR,1BA$1.19

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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The 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.

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Conway, AR
Population: 66,426

Ranked #558

in US Census Population by City

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Best Local Schools in
Conway, AR

School data provided by Great Schools

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

Explore Conway, AR Rentals by Map

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See the most popular apartments and homes in Conway, AR

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Getting Around Conway, AR

Walk Score®

45 / 100

Car-Dependent

Most errands require a car

Bike Score®

43 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $655, while the average apartment in Conway costs $1,305.

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 44 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 $556 which is $749 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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.