Cheap Apartments for Rent in the Mildred Lee Estates Neighborhood of Fayetteville, AR from $400 (39 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Mildred Lee Estates area of Fayetteville.

property at 1255 N Rupple Rd

$650

Total Monthly Price

Total Monthly Price

Base Rent
$650
Total Monthly Price
$650

1 Bedroom, 1 Bath Townhome for Rent

Available Now

1255 N Rupple Rd

FayettevilleAR72704
property at 754 N Wordsworth Ln

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700
Total Monthly Price
$700

1 Bedroom, 1 Bath Townhome for Rent

Available Now

754 N Wordsworth Ln

FayettevilleAR72704

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.

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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.

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Betty Jo Apartments
2 Bedroom Apartments

Betty Jo Apartments

1035 N Betty Jo DrFayetteville, AR 72701
  • Utilities Included
  • Smoke Free
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The Nest
1 Bedroom Apartments

The Nest

1000 S Futrall DrFayetteville, AR 72701
Student Housing
  • Utilities Included
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The Avenue
1 to 4 Bedroom Apartments

The Avenue

3001 W Wedington DrFayetteville, AR 72701

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.

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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
property at 851 S One Mile Rd

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

1 Bedroom, 1 Bath Home for Rent

Available Now

851 S One Mile Rd

FayettevilleAR72704

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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Showing Results 1-39, Page 1 of 1

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 Cornerstone I/II priced from $820. Southern View I/II has the second lowest priced unit, which is a 1 Bed apartment currently listed from $835. Here are the most affordable Mildred Lee Estates apartments for rent in Fayetteville, AR:

Apartment ListingModel NameBed/BathPriced From
Cornerstone I/IIClassic Deluxe II - Phase II1BR,1BA$820
Southern View I/II1 Bedroom 1 Bath1BR,1BA$835
Lightbearers Fayetteville1BR/1BA1BR,1BA$850
Moonlight Cottages, Duplex and TownhomesLewis Townhomes2BR,1BA$895
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 Nest1 bed 1 bath The Nest1BR,1BA$950
Greenleaf TownhomesBetty Jo Upgraded Unit2BR,1BA$995

Best Value Apartments for Rent in Mildred Lee Estates, AR

As of July 30, 2026 the best value apartment in the Mildred Lee Estates area is the $0.27 price per square foot Furnished Per Bed Lease Rate Model at The Row @ Arkansas in the in the Fayetteville Center neighborhood starting from $525. The second greatest value Mildred Lee Estates apartment is the C1 Model at Rupple Townhomes starting at $1,700 with a $1.32 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$0.27
Rupple TownhomesC13BR,2.5BA$1.32
Cedar CrestC1 - Duplex3BR,2BA$1.37
Moonlight Cottages, Duplex and TownhomesSaddlehorn Duplexes3BR,1.5BA$1.18
Porter Place Townhomes2BR/1.5BA Upgrade2BR,1.5BA$1.08
Greenleaf TownhomesBetty Jo Renovated Unit2BR,1.5BA$1.03
The AvenueDeluxe 3 Bedroom Apartment Home3BR,2BA$1.45
The Life at Rolling MeadowsOrchid2BR,1BA$1.22
The Fairways at FayettevilleChurchill Deluxe - End Unit1BR,1BA$1.37
Wedington Place Senior Apartments1 Bed 1 Bath1BR,1BA$1.48

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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Real 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.

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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 #57

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 a cheap apartment in Mildred Lee Estates?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Mildred Lee Estates is under $995.

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

The cheapest apartment in Mildred Lee Estates is Cornerstone I/II which is listed at $820, while the average apartment in Mildred Lee Estates costs $4,456.

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 27 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 $543 which is $3,913 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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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.

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.