Cheap Apartments for Rent in Farmington, AR from $500 (75 Rentals)

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

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.

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property at 754 N Wordsworth Ln

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700
Total Monthly Price
$700

1 Bedroom, 1 Bath Townhome for Rent

Available Now

754 N Wordsworth Ln

FayettevilleAR72704

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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Razz on Berry
Rent Specials
$1,100 - $1,850
Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,850
Total Monthly Price
$1,100 - $1,850
1 to 2 Bedroom Apartments Available Now

Razz on Berry

904 N Garland AveFayetteville, AR 72701
Student Housing
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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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property at 2803 W Cottonwillow Way

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

2 Bedroom, 2.5 Bath Townhome for Rent

Available Now

2803 W Cottonwillow Way

FayettevilleAR72704
property at 4520 W Franciscan Trl

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

2 Bedroom, 1.5 Bath Home for Rent

Available Sep 5

4520 W Franciscan Trl

FayettevilleAR72704

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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Showing Results 1-50, Page 1 of 2

Farmington, AR Local Guide

Cheapest Neighborhoods for Apartments in Farmington, AR

Pricing Updated: 08/17/2026

Current apartment rentals in the Farmington, AR area range in price from $499 to $12,767 with an overall median price of $1,401. The three Farmington neighborhoods with the lowest median rent pricing are Farmington Commercial Center at $1,150, Grasslands at $1,440, and South Haven at $1,440. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for Farmington Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Farmington Commercial Center$1,150$499165
Grasslands$1,440$625136
South Haven$1,440$499330
Meadowlark$1,450$499235
Red Bird Estates$1,450$499248

Cheapest Available Farmington Apartments for Rent

 

The cheapest available apartment rental in Farmington, AR is a 1 Bed unit found at Southern View I/II in the Fayetteville Center neighborhood priced from $835. Moonlight Cottages, Duplex and Townhomes in the Maple Terrace neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $895. Here is today’s list of the most affordable Farmington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Southern View I/II1 Bedroom 1 Bath1BR,1BA$835
Moonlight Cottages, Duplex and TownhomesLewis Townhomes2BR,1BA$895
The Reserve on Cato SpringsA1 - 1 Bed 1 Bath1BR,1BA$899
Wedington Place Senior Apartments1 Bed 1 Bath1BR,1BA$900
Washington Plaza Apartments2 x 12BR,1BA$910
The Links at FayettevilleClassic Deluxe II1BR,1BA$920
Garden Park ApartmentsPlumeria2BR,1BA$925
The Greens at FayettevilleClassic Deluxe IV & Classic Deluxe II1BR,1BA$940
Sofay LoftsThe Emerald - Classic One Bedroom Apartment Home1BR,1BA$950
C&W Grandview Apartments2x1.52BR,1BA$975

Best Value Apartments for Rent in Farmington, AR

As of August 17, 2026 the best value apartment in the Farmington area is the $0.96 price per square foot 4/3 Unfurnished Townhome Model at The Row @ Arkansas in the in the Fayetteville Center neighborhood starting from $1,900. The second greatest value Farmington apartment is the B1 ST - 2x2 Model at The Landing Fayetteville starting at $875 with a $0.72 price per square foot in the Fayetteville Center neighborhood. Here is today’s list of the best values for Farmington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Row @ Arkansas4/3 Unfurnished Townhome4BR,3BA$0.96
The Landing FayettevilleB1 ST - 2x22BR,2BA$0.72
Moonlight Cottages, Duplex and TownhomesSaddlehorn Duplexes3BR,1.5BA$1.18
The Vue on Stadium Drive Fayetteville2 BEDROOM, 2 BATH2BR,2BA$0.87
Porter Place Townhomes2BR/1.5BA Upgrade2BR,1.5BA$1.08
Greenleaf TownhomesBetty Jo Renovated Unit2BR,1.5BA$1.03
The Life at Rolling MeadowsMaple2BR,1BA$1.11
Hill PlaceB1 Premium2BR,2BA$0.93
Washington Plaza Apartments2 x 12BR,1BA$1.10
C&W Grandview Apartments2x1.52BR,1.5BA$1.18

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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Real 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!

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Frequently Asked Questions about Cheap Farmington Apartments

What is a cheap apartment in Farmington?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Farmington is under $975.

What is the price of a cheap apartment in Farmington?

The cheapest apartment in Farmington is Southern View I/II which is listed at $835, while the average apartment in Farmington costs $1,401.

What types of apartments are the cheapest in Farmington?

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 510 regular apartments in Farmington 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 Farmington?

Cheap apartments in Farmington have an average cost of $729 which is $672 cheaper than the average rent for all rentals in Farmington.

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

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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.

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.