
Cheap Apartments for Rent in the Putnam Neighborhood of Fayetteville, AR from $400 (146 Rentals)
Search the lowest-cost Apartments available for rent right now in the Putnam area of Fayetteville.


Sweetser Properties

Aspen Heights Fayetteville

Pierce Properties

620 N Leverett Ave

Mountain View Apartments

Garden Park Apartments

Southern View I/II

C&W Grandview Apartments

920 N Leverett Ave, Unit 602
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.

920 N Leverett Ave, Unit 824

1855 W Deane St

Sycamore Apartments

Molly Court

Porter Place Townhomes

Ruby on the Creek Apartments

Wedington Place Senior Apartments

820 W Piedmont Pl

Storer Avenue Apartments

Washington Plaza Apartments
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.

1774 N Gregg Ave, Unit 7

1774 N Gregg Ave, Unit 2

1766 N Gregg Ave, Unit 5

1774 N Gregg Ave, Unit 1

1770 N Gregg Ave, Unit 2

1770 N Gregg Ave

1774 N Gregg Ave

The Nest

The Avenue

Sofay Lofts
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.

662 Taylor St

818 Morningside Dr

Urban Loft Co Fayetteville

2015-2017 W Lawson St

Fayetteville Flats

884 W Holly St

Arbor Vine Apartments

1774 N Gregg Ave, Unit 4

Bacardi on the Hill | Fayetteville Living

Razz on Berry
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.

904 Garland Ave

South Yard Lofts

Total Monthly Price
Junction at Fayetteville

Greenway Flats

280 S Hill Ave

280 S Hill Ave, Unit C102

833 W Stone St

Total Monthly Price
938 Cleveland St, Unit 104, Unit 104

Backwater Cove

938 W Cleveland St
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.
Putnam, Fayetteville, AR Local Guide

How much does it cost to rent an apartment in Putnam?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Putnam Studio Apartments | $1,292 | $725 | $1,525 |
| Putnam 1 Bedroom Apartments | $1,308 | $700 | $5,552 |
| Putnam 2 Bedroom Apartments | $1,634 | $825 | $9,046 |
| Putnam 3 Bedroom Apartments | $3,525 | $735 | $10,000+ |
| Putnam 4 Bedroom Apartments | $1,669 | $625 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 146 rentals with your search options within a 2 mile radius of the Putnam Neighborhood of Fayetteville, AR.
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Putnam, Fayetteville, AR Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sweetser Properties | Redbud, Gold Leaf, University, Noble Oaks 1/1 | 1BR,1BA | $700 |
| Aspen Heights Fayetteville | 4 Bedroom - Boulder B | 4BR,4BA | $725 |
| Pierce Properties | Campus Studio Small, Large Option 1, 2, or 3 | Studio,1BA | $725 |
| Garden Park Apartments | Orchid | 1BR,1BA | $825 |
| Southern View I/II | 1 Bedroom 1 Bath | 1BR,1BA | $835 |
| Oakwood Place | 2BR/1.0BA | 2BR,1BA | $850 |
| Sycamore Apartments | 1bed/1bath | 2BR,1BA | $895 |
| Taylor Street Towers | Two bed/One bath-Orginal | 2BR,1BA | $895 |
| Porter Place Townhomes | 2BR/1.5BA Standard | 2BR,1BA | $900 |
| Wedington Place Senior Apartments | 1 Bed 1 Bath | 1BR,1BA | $900 |
Best Value Apartments for Rent in Putnam, AR
As of May 01, 2026 the best value apartment in the Putnam area is the $0.58 price per square foot D5 - 4x4 Model at College Town Fayetteville in the in the Fayetteville Center neighborhood starting from $1,015. The second greatest value Putnam apartment is the D5 Model at The Academy at Frisco starting at $975 with a $0.73 price per square foot in the Heritage East neighborhood. Here is today’s list of the best values for Putnam apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| College Town Fayetteville | D5 - 4x4 | 4BR,4BA | $0.58 |
| The Academy at Frisco | D5 | 4BR,4BA | $0.73 |
| The Landing Fayetteville | B1 ST - 2x2 | 2BR,2BA | $0.72 |
| Champions Club | Student Housing | 2 Bedroom | 2BR,2BA | $0.79 |
| Pleasant Woods Townhomes | 2 Bed 2.5 Bath | 2BR,2.5BA | $1.00 |
| The Vue on Stadium Drive Fayetteville | 2 BEDROOM, 2 BATH | 2BR,2BA | $0.87 |
| Porter Place Townhomes | 2BR/1.5BA Upgrade | 2BR,1.5BA | $1.08 |
| Alight Fayetteville | 2 BEDROOM, 2 BATH | 2BR,2BA | $0.84 |
| Sycamore Apartments | 1bed/1bath | 2BR,1BA | $1.05 |
| Washington Plaza Apartments | 2 x 1 | 2BR,1BA | $1.10 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 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.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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.
Best Local Schools in Putnam, Fayetteville, AR
Washington Elementary School
Fayetteville High School East
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 $900.
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 $15,246.
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 108 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 $650 which is $14,596 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

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.