Cheap Homes for Rent in Downtown Fayetteville Neighborhood of Fayetteville, AR from $800 (5 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Done

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

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 721 Taylor St

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

2 Bedroom, 1 Bath Condo for Rent

Available Now

721 Taylor St, Unit 3

721 Taylor St
FayettevilleAR72701

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. South Yard Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,115. Here are the most affordable Downtown Fayetteville apartments for rent in Fayetteville, AR:

Apartment ListingModel NameBed/BathPriced From
Oakwood Place2BR/1.0BA2BR,1BA$850
South Yard LoftsTanyardStudio,1BA$1,115
Yugo Fayetteville DicksonStudioStudio,1BA$1,249

Best Value Apartments for Rent in Downtown Fayetteville, AR

As of April 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 $759 with a $0.80 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$0.80
411 W South St, Unit Apartment A411 W South StStudio ,1BA$1.46
Oakwood Place2BR/1.0BA2BR,1BA$1.17
AMPM LLCApartments1BR,1BA$2.27
Network BuildingSol1BR,1BA$2.12
Hill PlaceA1 Premium1BR,1BA$2.71
South Yard LoftsTanyardStudio ,1BA$2.41
Yugo Fayetteville DicksonStudioStudio ,1BA$2.81
Twin Arch Apartments1 Bedroom - Bldg B & D1BR,1BA$2.98

Frequently Asked Questions about Downtown Fayetteville

What type of rentals are currently available in Downtown Fayetteville?

There are currently 73 Apartments for Rent in Downtown Fayetteville, AR with pricing that ranges from $705 to $22,237. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Fayetteville ranging from $875 to $6,175.

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 $6,175 with an average monthly rent of $2,318.

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 $15,407, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $3,000. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $705.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.