Cheap Apartments for Rent in the Mildred Lee Estates Neighborhood of Fayetteville, AR from $400 (77 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Mildred Lee Estates 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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Betty Jo Apartments
2 Bedroom Apartments

Betty Jo Apartments

1035 N Betty Jo DrFayetteville, AR 72701
  • Utilities Included
  • Smoke Free

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.

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Betty Jo
2 Bedroom Apartments

Betty Jo

1036 Betty JoFayetteville, AR 72701
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Mountain Ranch
1 to 3 Bedroom Apartments

Mountain Ranch

549 N Coral Canyon LoopFayetteville, AR 72704
Corporate Housing
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Mildred Lee Estates, Fayetteville, AR Local Guide

Cheapest Available Mildred Lee Estates Apartments for Rent

 

The cheapest available apartment rental in the Mildred Lee Estates area of Fayetteville, AR is a 1 Bed unit found at Southern View I/II priced from $865. Moonlight Cottages, Duplex and Townhomes has the second lowest priced unit, which is a 2 Beds apartment currently listed from $900. Here are the most affordable Mildred Lee Estates apartments for rent in Fayetteville, AR:

Apartment ListingModel NameBed/BathPriced From
Southern View I/IIClassic Deluxe II1BR,1BA$865
Moonlight Cottages, Duplex and Townhomes18th Street2BR,2BA$900
Porter Place Townhomes2BR/1.5BA Standard2BR,1BA$900
Wedington Place Senior Apartments1 Bed 1 Bath1BR,1BA$900
The Links at FayettevilleClassic Deluxe II1BR,1BA$920
The Greens at FayettevilleClassic Deluxe IV & Classic Deluxe II1BR,1BA$940
The AvenueClassic One Bedroom Apartment Home1BR,1BA$950
The Nest1BR/1.0BA1BR,1BA$950
The Life at Rolling MeadowsMaple2BR,1BA$996
The Fairways at FayettevilleChurchill Deluxe - End Unit1BR,1BA$1,015

Best Value Apartments for Rent in Mildred Lee Estates, AR

As of April 28, 2026 the best value apartment in the Mildred Lee Estates area is the $0.33 price per square foot Furnished Per Bed Lease Rate Model at The Row @ Arkansas in the in the Fayetteville Center neighborhood starting from $649. The second greatest value Mildred Lee Estates apartment is the C1 Model at Rupple Townhomes starting at $1,600 with a $1.24 price per square foot in the Fayetteville Center neighborhood. Here is today’s list of the best values for Mildred Lee Estates apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Row @ ArkansasFurnished Per Bed Lease Rate4BR,3BA$0.33
Rupple TownhomesC13BR,2.5BA$1.24
Moonlight Cottages, Duplex and Townhomes18th Street2BR,2.5BA$0.75
Farmington Hills DuplexesFarmington Hills - Beautiful New Three Bedroom ...3BR,2BA$1.43
Porter Place Townhomes2BR/1.5BA Upgrade2BR,1.5BA$1.08
The ArdenA11BR,1BA$1.43
Greenleaf TownhomesBetty Jo Renovated Unit2BR,1.5BA$1.10
The Life at Rolling MeadowsMaple2BR,1BA$1.11
The Avenue2x1.5 - Deluxe2BR,1.5BA$1.38
The Fairways at FayettevilleChurchill Deluxe - End Unit1BR,1BA$1.37

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Mildred Lee Estates, Fayetteville, AR

Ranked #60

Among cities in Arkansas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Mildred Lee Estates, Fayetteville, AR

School data provided by Great Schools

Frequently Asked Questions about Cheap Mildred Lee Estates Apartments

What is the price of a cheap apartment in Mildred Lee Estates?

The cheapest apartment in Mildred Lee Estates is Southern View I/II which is listed at $865, while the average apartment in Mildred Lee Estates costs $16,601.

What types of apartments are the cheapest in Mildred Lee Estates?

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 11 regular apartments in Mildred Lee Estates that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Mildred Lee Estates?

Cheap apartments in Mildred Lee Estates have an average cost of $228 which is $16,373 cheaper than the average rent for all rentals in Mildred Lee Estates.

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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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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.

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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.