
Cheap Apartments for Rent in the Mildred Lee Estates Neighborhood of Fayetteville, AR from $400 (57 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mildred Lee Estates area of Fayetteville.


987 S Benchmark Ln, Unit 1

754 N Wordsworth Ln, Unit 1 Bedroom1Bath

Southern View I/II

Moonlight Cottages, Duplex and Townhomes

Wedington Place Senior Apartments

Porter Place Townhomes

The Links at Fayetteville

The Greens at Fayetteville

The Nest
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.

The Life at Rolling Meadows

The Fairways at Fayetteville

Greenleaf Townhomes

687 N Betty Jo Dr

Total Monthly Price
Junction at Fayetteville

Fayetteville Flats

4530 W Franciscan Trail

502 N Betty Jo Dr

The Arden

2864 W Lakewood Dr
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.

2374 N Raven Ln

315 Eureka Aly

2869 W Hillshire Dr

3230 W Montrail Pl

2834 W Lakewood Dr

235 S Rolling Woods Way

Betty Jo Apartments

Lightbearers Fayetteville

Chamberland Square Apartments

Nicole Lane Duplexes
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.

The Avenue

Betty Jo

651 N Genevieve Ave

541 N Betty Jo Dr

Hawkins House at Shiloh

Mountain Ranch

4451 Acoma St

4453 Acoma St

885 S Green Point Trce

4424 Acoma St
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.

1270 N Trinity Dr

1366 N Porter Rd

2864 W Lakewood Dr

851 S One Mile Rd

2834 W Lakewood Dr

2869 W Hillshire Dr

3230 W Montrail Pl

4418 Acoma St

2845 Riverridge Dr

235 S Rolling Woods Way
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Mildred Lee Estates, Fayetteville, AR Local Guide

How much does it cost to rent an apartment in Mildred Lee Estates?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mildred Lee Estates Studio Apartments | $1,294 | $1,125 | $1,525 |
| Mildred Lee Estates 1 Bedroom Apartments | $1,433 | $625 | $1,870 |
| Mildred Lee Estates 2 Bedroom Apartments | $1,527 | $850 | $3,745 |
| Mildred Lee Estates 3 Bedroom Apartments | $2,110 | $1,299 | $10,000+ |
| Mildred Lee Estates 4 Bedroom Apartments | $3,834 | $850 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 57 rentals with your search options within a 3 mile radius of the Mildred Lee Estates Neighborhood of Fayetteville, AR.
See all Apartments in FayettevilleExplore Fayetteville
Mildred Lee Estates, Fayetteville, AR Local Guide
- Nearby Fayetteville neighborhoods
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Southern View I/II | Classic Deluxe II | 1BR,1BA | $865 |
| Moonlight Cottages, Duplex and Townhomes | 18th Street | 2BR,2BA | $900 |
| Porter Place Townhomes | 2BR/1.5BA Standard | 2BR,1BA | $900 |
| Wedington Place Senior Apartments | 1 Bed 1 Bath | 1BR,1BA | $900 |
| The Links at Fayetteville | Classic Deluxe II | 1BR,1BA | $920 |
| The Greens at Fayetteville | Classic Deluxe IV & Classic Deluxe II | 1BR,1BA | $940 |
| The Avenue | Classic One Bedroom Apartment Home | 1BR,1BA | $950 |
| The Nest | 1 bed 1 bath The Nest | 1BR,1BA | $950 |
| The Life at Rolling Meadows | Orchid | 2BR,1BA | $996 |
| The Fairways at Fayetteville | Churchill Deluxe - End Unit | 1BR,1BA | $1,015 |
Best Value Apartments for Rent in Mildred Lee Estates, AR
As of June 12, 2026 the best value apartment in the Mildred Lee Estates area is the $0.32 price per square foot Furnished Per Bed Lease Rate Model at The Row @ Arkansas in the in the Fayetteville Center neighborhood starting from $625. The second greatest value Mildred Lee Estates apartment is the C1 Model at Rupple Townhomes starting at $1,800 with a $1.40 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Row @ Arkansas | Furnished Per Bed Lease Rate | 4BR,3BA | $0.32 |
| Rupple Townhomes | C1 | 3BR,2.5BA | $1.40 |
| Cedar Crest | C1 - Duplex | 3BR,2BA | $1.37 |
| 2831 N Seneca Ave, Unit 2831 | 2831 N Seneca Ave | 3BR,2BA | $1.20 |
| Moonlight Cottages, Duplex and Townhomes | 18th Street | 2BR,2.5BA | $0.75 |
| Porter Place Townhomes | 2BR/1.5BA Upgrade | 2BR,1.5BA | $1.08 |
| Greenleaf Townhomes | Betty Jo Renovated Unit | 2BR,1.5BA | $1.10 |
| The Avenue | Deluxe 3 Bedroom Apartment Home | 3BR,2BA | $1.45 |
| The Life at Rolling Meadows | Orchid | 2BR,1BA | $1.22 |
| The Fairways at Fayetteville | Churchill Deluxe - End Unit | 1BR,1BA | $1.37 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Pet Friendly LifestyleMildred Lee Estates, Fayetteville, AR
Ranked #51
Among cities in Arkansas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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 $8,373.
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 14 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 $748 which is $7,625 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

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.

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.