Cheap Apartments for Rent in the Downtown Conway Neighborhood of Conway, AR from $500 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Conway area of Conway.

The Ridge at Meadowlake

Centennial Valley I/II

High Point Park Apartments

The Links at Cadron Valley
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.

Brentwood Apartments

The Fairways at Nutters Chapel

The Greens at Nutters Chapel

Westbury Park Apartments

Centerstone Apartment Homes

University Park Apartments

Rock Creek Conway

12 Hundred Place

1165 Mill 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.
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.

350 S Davis St

2022 Arkansas Ave

603 5th Ave

1601 S Davis St
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.

1161 Spencer St
Downtown Conway, Conway, AR Local Guide

How much does it cost to rent an apartment in Downtown Conway?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Conway Studio Apartments | $1,024 | $999 | $1,050 |
Downtown Conway 1 Bedroom Apartments | $928 | $655 | $1,500 |
Downtown Conway 2 Bedroom Apartments | $1,061 | $745 | $1,730 |
Downtown Conway 3 Bedroom Apartments | $1,325 | $1,050 | $2,099 |
Downtown Conway 4 Bedroom Apartments | $1,363 | $1,280 | $1,450 |
Browse Apartments in this Neighborhood
There are currently 36 rentals with your search options within a 2 mile radius of the Downtown Conway Neighborhood of Conway, AR.
See all Apartments in ConwayExplore Conway
Downtown Conway, Conway, AR Local Guide
- Nearby Conway neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown Conway Apartments for Rent
 The cheapest available apartment rental in the Downtown Conway area of Conway, AR is a 1 Bed unit found at Fox Run priced from $655. Salem Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $655. Here are the most affordable Downtown Conway apartments for rent in Conway, AR:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Fox Run | Standard | 1BR,1BA | $655 |
Salem Park | Standard | 1BR,1BA | $655 |
Germantown | Standard | 1BR,1BA | $655 |
Westlake | Standard | 1BR,1BA | $705 |
Centennial Valley I/II | Custom IV | 1BR,1BA | $725 |
The Fairways at Nutters Chapel | Classic Deluxe II | 1BR,1BA | $780 |
The Links at Cadron Valley | Custom Deluxe III | 1BR,1BA | $830 |
University Park Apartments | 2 Bedroom + 2 Bath | 2BR,2BA | $830 |
The Greens at Nutters Chapel | Custom Deluxe III | 1BR,1BA | $835 |
Brentwood Apartments | 2x2 Traditional | 2BR,2BA | $895 |
Best Value Apartments for Rent in Downtown Conway, AR
As of October 10, 2025 the best value apartment in the Downtown 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 Downtown 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 Downtown Conway apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
320-330 Griffith St | 2BD 2BA | 2BR,2BA | $0.48 |
German Oaks Townhomes | D1TH | 3BR,2.5BA | $0.90 |
Centerstone Apartment Homes | Two Bedroom Loft w/ Garage | 2BR,2BA | $1.09 |
3020-3044 Donnell Ridge Rd | 2 Bed | 2BR,1.5BA | $1.14 |
Sentinel of Conway Apartments | D1 Bluff - Renovated | 3BR,2BA | $1.04 |
The Pointe at Conway | Two Bedroom (ground floor) | 2BR,2BA | $1.15 |
University Park Apartments | 2 Bedroom + 2 Bath | 2BR,2BA | $0.87 |
Woodland Oaks | The Chestnut | 2BR,1BA | $1.06 |
The Village Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.10 |
12 Hundred Place | 1 Bed 1 Bath | 1BR,1BA | $1.13 |
Quick 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.
Pet Friendly LifestyleDowntown Conway, Conway, AR
Ranked #1
Among cities in Arkansas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Downtown Conway, Conway, AR
School data provided by Great Schools
Getting Around the Downtown Conway Neighborhood in Conway, AR
Walk Score®
54 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
49 / 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 Downtown Conway Apartments
What is the price of a cheap apartment in Downtown Conway?
The cheapest apartment in Downtown Conway is Fox Run which is listed at $655, while the average apartment in Downtown Conway costs $1,312.
What types of apartments are the cheapest in Downtown 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 18 regular apartments in Downtown 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 Downtown Conway?
Cheap apartments in Downtown Conway have an average cost of $550 which is $762 cheaper than the average rent for all rentals in Downtown 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.

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

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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.