Cheap Homes for Rent in Downtown Fayetteville Neighborhood of Fayetteville, AR from $800 (9 Rentals)

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

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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Showing Results 1-9, 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 2 Beds unit found at Oakwood Place priced from $850. Washington Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here are the most affordable Downtown Fayetteville apartments for rent in Fayetteville, AR:

Apartment ListingModel NameBed/BathPriced From
Oakwood PlaceOakwood - 2/12BR,1BA$850
Washington Ave1BR/1.0BA1BR,1BA$995
South Yard LoftsTanyardStudio,1BA$1,115

Best Value Apartments for Rent in Downtown Fayetteville, AR

As of July 08, 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 $819 with a $0.86 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$0.86
Oakwood PlaceOakwood - 2/12BR,1BA$1.17
Washington Ave1BR/1.0BA1BR,1BA$1.84
South Yard LoftsTanyardStudio ,1BA$2.41
AtmosphereStudioStudio ,1BA$4.57

Frequently Asked Questions about Downtown Fayetteville

What type of rentals are currently available in Downtown Fayetteville?

There are currently 70 Apartments for Rent in Downtown Fayetteville, AR with pricing that ranges from $529 to $10,005. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Fayetteville ranging from $875 to $3,300.

What is the current price range for Rental Homes in Downtown Fayetteville?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Fayetteville ranges from $875 to $3,300 with an average monthly rent of $2,048.

How much are larger Three and Four Bedroom Rentals in Downtown Fayetteville?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Fayetteville range from $869 to $5,928, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,699 to $3,300. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $529.

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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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.

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.