
Cheap Homes for Rent in Downtown Fayetteville Neighborhood of Fayetteville, AR from $800 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Fayetteville area of Fayetteville.


280 S Hill Ave

280 S Hill Ave, Unit C102

280 S Hill Ave, Unit B102

315 N Eureka Aly
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.

111 E Rock St

319 N West Ave

668 N Honey Locust Bnd

21 W 5th St

1 W 5th St
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.
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 | $1,603 | $900 | $2,400 |
| Downtown Fayetteville 3 Bedroom Homes for Rent | $2,559 | $1,800 | $4,100 |
| Downtown Fayetteville 4 Bedroom Homes for Rent | $3,275 | $2,800 | $3,750 |
Browse Homes for Rent in this Neighborhood
There are currently 10 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 1 Bed unit found at Washington Ave priced from $995. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Washington Ave | 1BR/1.0BA | 1BR,1BA | $995 |
| South Yard Lofts | Tanyard | Studio,1BA | $1,115 |
| AMPM LLC | Apartments | 1BR,1BA | $1,495 |
Best Value Apartments for Rent in Downtown Fayetteville, AR
As of May 24, 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 $849 with a $0.89 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. |
|---|---|---|---|
| The Academy at Frisco | D5 | 4BR,4BA | $0.73 |
| Alight Fayetteville | 2 BEDROOM, 2 BATH | 2BR,2BA | $0.89 |
| Yugo Fayetteville Dickson | 2 Bed, 2 Bath | 2BR,2BA | $1.05 |
| South Yard Lofts | Paige+ | 1BR,1BA | $2.48 |
| Network Building | Lux | 1BR,1BA | $2.18 |
| AMPM LLC | Apartments | 1BR,1BA | $2.13 |
| Washington Ave | 1BR/1.0BA | 1BR,1BA | $1.84 |
| Atmosphere | Studio | Studio ,1BA | $4.57 |
Frequently Asked Questions about Downtown Fayetteville
What type of rentals are currently available in Downtown Fayetteville?
There are currently 77 Apartments for Rent in Downtown Fayetteville, AR with pricing that ranges from $695 to $13,268. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Fayetteville ranging from $900 to $4,100.
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 $900 to $4,100 with an average monthly rent of $2,133.
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 $10,802, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $4,100. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $695.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.