
Cheap Homes for Rent in the Downtown Fayetteville Neighborhood of Fayetteville, AR from $1,245 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Fayetteville area of Fayetteville.


533 W Center St

280 S Hill Ave

319 N West Ave
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.

668 N Honey Locust Bnd

874 S Hill Ave

886 S Hill Ave

340 Campbell Ave
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.
Downtown Fayetteville, Fayetteville, AR Local Guide

How much does it cost to rent a home in Downtown Fayetteville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Fayetteville 2 Bedroom Homes for Rent | $1,788 | $1,350 | $2,699 |
| Downtown Fayetteville 3 Bedroom Homes for Rent | $2,282 | $1,750 | $3,000 |
| Downtown Fayetteville 4 Bedroom Homes for Rent | $4,132 | $2,500 | $4,999 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Downtown Fayetteville Neighborhood of Fayetteville, AR.
Explore Fayetteville
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 $795. South Yard Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,106. Here are the most affordable Downtown Fayetteville apartments for rent in Fayetteville, AR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oakwood Place | Oakwood - 2/1 | 2BR,1BA | $795 |
| South Yard Lofts | Richland | Studio,1BA | $1,106 |
| Yugo Fayetteville Dickson | Studio | Studio,1BA | $1,249 |
Best Value Apartments for Rent in Downtown Fayetteville, AR
As of August 24, 2026 the best value apartment in the Downtown Fayetteville area is the $2.06 price per square foot 4 bed Model at Campus Edge in the in the Heritage East neighborhood starting from $3,600. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Campus Edge | 4 bed | 4BR,4.5BA | $2.06 |
| Alight Fayetteville | 2 BEDROOM, 2 BATH | 2BR,2BA | $0.86 |
| Hill Place | B1 Premium | 2BR,2BA | $0.93 |
| Oakwood Place | Oakwood - 2/1 | 2BR,1BA | $1.09 |
| Network Building | Bask | 1BR,1BA | $2.22 |
| Eco Modern Flats | Rooftop Flat | Studio ,1BA | $2.32 |
| South Yard Lofts | Tanyard | Studio ,1BA | $2.41 |
| Yugo Fayetteville Dickson | Studio | Studio ,1BA | $2.81 |
| The Academy at Frisco | Studio | Studio ,1BA | $3.34 |
| Current on Center | Studio | Studio ,1BA | $3.50 |
Frequently Asked Questions about Downtown Fayetteville
What type of rentals are currently available in Downtown Fayetteville?
There are currently 76 Apartments for Rent in Downtown Fayetteville, AR with pricing that ranges from $529 to $7,055. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Fayetteville ranging from $1,245 to $4,999.
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 $1,245 to $4,999 with an average monthly rent of $2,357.
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 $6,646, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $3,000. Four Bedroom Single-Family rentals are also available starting from $2,500 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

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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.

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.