Cheap Apartments for Rent in the Putnam Neighborhood of Fayetteville, AR from $495 (182 Rentals)

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

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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property at 1774 N Gregg Ave
$925 - $1,095
1 To 2 Bedroom Rentals
Available Now
Affordability

1774 N Gregg Ave

FayettevilleAR72703

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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property at 707 E Huntsville Rd
$995 - $1,195
1 To 2 Bedroom Rentals
Available Now
Affordability

707 E Huntsville Rd

FayettevilleAR72701
property at 818 Morningside Dr
$995 - $1,195
1 To 2 Bedroom Rentals
Available Now
Affordability

818 Morningside Dr

FayettevilleAR72701

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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Razz on Berry
Rent Specials
$1,010 - $1,750

Total Monthly Price

Base Rent$1,010 - $1,750
Total Monthly Price$1,010 - $1,750
1 to 2 Bedroom Apartments Available Now

Razz on Berry

904 N Garland AveFayetteville, AR 72701
Student Housing
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property at 904 Garland Ave
$1,100 - $1,750
1 To 2 Bedroom Rentals
Available Now
Affordability

904 Garland Ave

FayettevilleAR72701

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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Putnam, Fayetteville, AR Local Guide

Cheapest Available Putnam Apartments for Rent

 

The cheapest available apartment rental in the Putnam area of Fayetteville, AR is a 1 Bed unit found at Sweetser Properties priced from $700. Aspen Heights Fayetteville has the second lowest priced unit, which is a 4 Beds apartment currently listed from $725. Here are the most affordable Putnam apartments for rent in Fayetteville, AR:

Apartment ListingModel NameBed/BathPriced From
Sweetser PropertiesRedbud, Gold Leaf, University, Noble Oaks 1/11BR,1BA$700
Aspen Heights Fayetteville4 Bedroom - Boulder A4BR,4BA$725
Oakwood PlaceOakwood - 2/12BR,1BA$775
942 W Holly St Fayetteville, AR 727030BR/1.0BAStudio,1BA$795
614 W Cleveland St1 Beds, 1 Baths1BR,1BA$795
Cornerstone I/IIClassic Deluxe II - Phase II1BR,1BA$820
Razorback Rd Apartments2BR/1.0BA2BR,1BA$825
950 Lindell Ave1 Bedroom apartment, close to U of A, bypass1BR,1BA$825
Molly Court1 Bedroom1BR,1BA$825

Best Value Apartments for Rent in Putnam, AR

As of September 13, 2026 the best value apartment in the Putnam area is the $0.61 price per square foot Finley - 4x4.5 Model at The Retreat at Fayetteville in the in the Heritage East neighborhood starting from $1,145. The second greatest value Putnam apartment is the B1 ST - 2x2 Model at The Landing Fayetteville starting at $875 with a $0.72 price per square foot in the Fayetteville Center neighborhood. Here is today’s list of the best values for Putnam apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Retreat at FayettevilleFinley - 4x4.54BR,4.5BA$0.61
The Landing FayettevilleB1 ST - 2x22BR,2BA$0.72
Champions Club | Student Housing2 Bedroom2BR,2BA$0.67
Pleasant Woods TownhomesPleasant Woods Town Homes2BR,2.5BA$1.00
Mitchell YardsTwo Bedroom2BR,2.5BA$0.77
The Vue on Stadium Drive Fayetteville2 BEDROOM, 2 BATH2BR,2BA$0.87
Alight Fayetteville2 BEDROOM, 2 BATH2BR,2BA$0.86
Hill PlaceB1 Premium2BR,2BA$1.07
The Locale Fayetteville | Student HousingA32BR,2BA$1.03
Oakwood PlaceOakwood - 2/12BR,1BA$1.06

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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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Best Local Schools in
Putnam, Fayetteville, AR

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Fayetteville. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Putnam Apartments

What is a cheap apartment in Putnam?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Putnam is under $825.

What is the price of a cheap apartment in Putnam?

The cheapest apartment in Putnam is Sweetser Properties which is listed at $700, while the average apartment in Putnam costs $1,135.

What types of apartments are the cheapest in Putnam?

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 175 regular apartments in Putnam 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 Putnam?

Cheap apartments in Putnam have an average cost of $671 which is $464 cheaper than the average rent for all rentals in Putnam.

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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.

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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.