
Cheap Homes for Rent near Elaine, AR from $500 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Elaine.


1179 Longcrest Rd

424 Stone St
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.

1305 Collins Dr

4258 Briarberry Ln

456 Stone St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Elaine, AR Local Guide

How much does it cost to rent a home in Elaine?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elaine 2 Bedroom Homes for Rent | $972 | $745 | $1,200 |
| Elaine 3 Bedroom Homes for Rent | $1,544 | $850 | $4,500 |
| Elaine 4 Bedroom Homes for Rent | $1,838 | $1,095 | $2,735 |
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Elaine, AR Local Guide
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Cheapest Available Elaine Apartments for Rent and Nearby
 The cheapest available apartment rental in Elaine, AR is a 1 Bed unit found at Country Club priced from $600. Vantage Point Apartments - Carriage House has the second lowest priced unit, which is a 2 Beds apartment currently listed from $650. Here is today’s list of the most affordable Elaine apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Country Club | 1x1Country Club | 1BR,1BA | $600 |
| Vantage Point Apartments - Carriage House | Park View | 2BR,2BA | $650 |
| Delta Village Mobile Home Community | 3 Bedroom 2 Bath STD | 3BR,2BA | $650 |
Best Value Apartments for Rent in Elaine, AR and Nearby
As of July 30, 2026 the best value apartment in the Elaine area is the $1.08 price per square foot 3 Bedroom, 2 Bathroom Model at Weatherstone Apartments in the in the DeSoto County neighborhood starting from $1,599. The second greatest value Elaine apartment is the 2 Bedroom Model at The Trace at 161 starting at $1,295 with a $1.13 price per square foot in the DeSoto County neighborhood. Here is today’s list of the best values for Elaine apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Weatherstone Apartments | 3 Bedroom, 2 Bathroom | 3BR,2BA | $1.08 |
| The Trace at 161 | 2 Bedroom | 2BR,2BA | $1.13 |
| Indigo at 61 | Renovated 2 Bedroom 2 Bath | 2BR,2BA | $1.07 |
| Broadway Commons | 2x1 | 2BR,1BA | $0.83 |
| Delta Village Mobile Home Community | 3 Bedroom 2 Bath STD | 3BR,2BA | $0.68 |
| Greenway Apartments | 2 Beds, 2 Baths | 2BR,2BA | $1.11 |
| Oakwood Estates | 2 Bedroom | 2BR,1BA | $0.92 |
| Farmview Estates | 2X1 | 2BR,1BA | $0.78 |
| Vantage Point Apartments - Carriage House | Vantage Point | 2BR,2BA | $1.00 |
| Country Club | 1x1Country Club | 1BR,1BA | $0.88 |
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.
Read ArticleReal 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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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Elaine, AR Rentals by Map
See the most popular apartments and homes in Elaine, AR
Frequently Asked Questions about Elaine
What type of rentals are currently available in Elaine?
There are currently 38 Apartments for Rent in Elaine, AR with pricing that ranges from $550 to $2,075. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elaine ranging from $500 to $5,000.
What is the current price range for Rental Homes in Elaine?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elaine ranges from $500 to $5,000 with an average monthly rent of $1,776.
How much are larger Three and Four Bedroom Rentals in Elaine?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Elaine range from $644 to $1,901, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,095 and Four Bedroom Apartments start at $950.
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

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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.