Cheap Apartments for Rent in the Downtown Fayetteville Neighborhood of Fayetteville, AR from $700 (22 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
Showing Results 1-22, Page 1 of 1

Cheapest Available Downtown Fayetteville Apartments for Rent

 

The cheapest available apartment rental in the Downtown Fayetteville area of Fayetteville, AR is a 4 Beds unit found at Yugo Fayetteville Dickson priced from $739. Oakwood Place has the second lowest priced unit, which is a 2 Beds apartment currently listed from $750. Here are the most affordable Downtown Fayetteville apartments for rent in Fayetteville, AR:

Apartment ListingModel NameBed/BathPriced From
Yugo Fayetteville Dickson4 Bed, 4 Bath4BR,4BA$739
Oakwood PlaceOakwood - 2/12BR,1BA$750
Washington Ave1BR/1.0BA1BR,1BA$895
South Yard LoftsTanyardStudio,1BA$1,125
Eco Modern FlatsCentral FlatStudio,1BA$1,171

Best Value Apartments for Rent in Downtown Fayetteville, AR

As of December 01, 2025 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 $659 with a $0.69 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$0.69
Hill PlaceB1 Premium2BR,2BA$1.18
Oakwood Place2BR/1.0BA2BR,1BA$1.03
Eco Modern FlatsCorner FlatStudio ,1BA$2.00
Washington Ave1BR/1.0BA1BR,1BA$1.66
Network BuildingBeam1BR,1BA$2.59
South Yard LoftsTanyardStudio ,1BA$2.44
Yugo Fayetteville DicksonStudioStudio ,1BA$2.81
AtmosphereStudioStudio ,1BA$4.37

Getting Around the Downtown Fayetteville Neighborhood in Fayetteville, AR

Walk Score®

89 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

71 / 100

Very Bikeable

Biking is convenient for most trips

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 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 $1,380.

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 30 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

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.