Cheap Apartments for Rent in the Downtown Fayetteville Neighborhood of Fayetteville, AR from $700 (18 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Fayetteville area of Fayetteville.

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Oakwood Place
2 Bedroom Apartments

Oakwood Place

705 W Putman StFayetteville, AR 72701
  • Utilities Included

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215 N East Ave
1 Bedroom Apartments

215 N East Ave

215 N East AveFayetteville, AR 72701
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Twin Arch Apartments
Studio to 2 Bedroom Apartments

Twin Arch Apartments

525 N College AveFayetteville, AR 72701
Corporate Housing
  • Utilities Included

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Cheapest Available Downtown Fayetteville Apartments for Rent

 

The cheapest available apartment rental in the Downtown Fayetteville area of Fayetteville, AR is a 2 Beds unit found at Oakwood Place priced from $850. Yugo Fayetteville Dickson has the second lowest priced unit, which is a 2 Beds apartment currently listed from $940. Here are the most affordable Downtown Fayetteville apartments for rent in Fayetteville, AR:

Apartment ListingModel NameBed/BathPriced From
Oakwood Place2BR/1.0BA2BR,1BA$850
Yugo Fayetteville Dickson2 Bed, 2 Bath2BR,2BA$940
Washington Ave1BR/1.0BA1BR,1BA$995
South Yard LoftsTanyardStudio,1BA$1,115
Network BuildingSol1BR,1BA$1,390

Best Value Apartments for Rent in Downtown Fayetteville, AR

As of March 04, 2026 the best value apartment in the Downtown Fayetteville area is the $0.73 price per square foot D5 Model at The Academy at Frisco in the in the Heritage East neighborhood starting from $975. The second greatest value Downtown Fayetteville apartment is the 2 BEDROOM, 2 BATH Model at Alight Fayetteville starting at $729 with a $0.76 price per square foot in the Heritage East neighborhood. Here is today’s list of the best values for Downtown Fayetteville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Academy at FriscoD54BR,4BA$0.73
Alight Fayetteville2 BEDROOM, 2 BATH2BR,2BA$0.76
Oakwood Place2BR/1.0BA2BR,1BA$1.17
AMPM LLCApartments1BR,1BA$2.27
Network BuildingSol1BR,1BA$2.12
Hill PlaceA1 Premium1BR,1BA$2.71
Washington Ave1BR/1.0BA1BR,1BA$1.84
South Yard LoftsTanyardStudio ,1BA$2.41
Yugo Fayetteville DicksonStudioStudio ,1BA$2.81
AtmosphereStudioStudio ,1BA$4.45

Frequently Asked Questions about Cheap Downtown Fayetteville Apartments

What is a cheap apartment in Downtown Fayetteville?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Fayetteville is under $1,595.

What is the price of a cheap apartment in Downtown Fayetteville?

The cheapest apartment in Downtown Fayetteville is Washington Ave which is listed at $995, while the average apartment in Downtown Fayetteville costs $10,565.

What types of apartments are the cheapest in Downtown Fayetteville?

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 21 regular apartments in Downtown Fayetteville that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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Written by: Christine Leonard, Esq.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.