Cheap Apartments for Rent in Damascus, AR from $500 (46 Rentals)

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

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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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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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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Orso Vista
2 Bedroom Apartments

Orso Vista

375 Denison StConway, AR 72034
  • 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.

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320-330 Griffith St
Studio to 2 Bedroom Apartments

320-330 Griffith St

320-330 Griffith StConway, AR 72034
Senior Living
Showing Results 1-46, Page 1 of 1

Damascus, AR Local Guide

Cheapest Available Damascus Apartments for Rent and Nearby

 

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

Apartment ListingModel NameBed/BathPriced From
Sugarloaf StudiosStudioStudio,1BA$525
Cadron CommonsStudioStudio,1BA$525
Falcon Crest1/1 with stove1BR,1BA$650
GermantownStandard1BR,1BA$655
Salem ParkStandard1BR,1BA$655
Fox RunStandard1BR,1BA$655
WestlakeStandard1BR,1BA$705
Centennial Valley I/IIClassic - Phase II1BR,1BA$715
The Links at Cadron ValleyClassic Deluxe II1BR,1BA$775
The Greens at Nutters ChapelClassic Deluxe II1BR,1BA$780

Best Value Apartments for Rent in Damascus, AR and Nearby

As of May 01, 2026 the best value apartment in the Damascus area is the $0.93 price per square foot C1TH Model at German Oaks Townhomes in the in the Conway neighborhood starting from $1,290. The second greatest value Damascus apartment is the Triplex Model at Magnolia Gardens starting at $1,435 with a $1.14 price per square foot . Here is today’s list of the best values for Damascus apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
German Oaks TownhomesC1TH2BR,2BA$0.93
Magnolia GardensTriplex2BR,2BA$1.14
University Park Apartments2 Bedroom, 2 Bath - Large2BR,2BA$1.07
The Pointe at ConwayTwo Bedroom (ground floor)2BR,2BA$1.15
Edge at Conway2X22BR,2BA$0.74
Rock Creek Conway2 Bedroom2BR,2BA$1.05
Glenrock Apartments2 BR2BR,2BA$1.14
The VillageThe Delta2BR,1BA$1.11
Cadron CommonsStudioStudio ,1BA$1.02
Sugarloaf StudiosStudioStudio ,1BA$1.05

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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.

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

Explore Damascus, AR Rentals by Map

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See the most popular apartments and homes in Damascus, AR

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Frequently Asked Questions about Cheap Damascus Apartments

What is the Cheapest Studio apartment in Damascus?

Currently the most affordable Cheap Studio Apartment in Damascus is at Sugarloaf Studios listed at $525.

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

The lowest price for a Cheap One Bedroom Damascus Apartment is $650 at Falcon Crest.

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

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

What is the most affordable Damascus Three Bedroom Apartment?

The best deal on a cheap Damascus Three Bedroom Apartment rental is at Sentinel of Conway Apartments and starts from $1,060.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.