Cheap Apartments for Rent in the Putnam Neighborhood of Fayetteville, AR from $400 (84 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

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.

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.

close
View Me
Arbor Vine Apartments
2 Bedroom Apartments

Arbor Vine Apartments

884 Holly StFayetteville, AR 72703
  • Utilities Included
close
View Me
Red Bud Apartments
1 Bedroom Apartments

Red Bud Apartments

641 N Whitham AveFayetteville, AR 72701
  • Utilities Included
close
View Me
Noble Oaks
1 to 3 Bedroom Apartments

Noble Oaks

888 W Lawson StFayetteville, AR 72703
close
View Me
University Apartments
1 Bedroom Apartments

University Apartments

554 S Buchanan AveFayetteville, AR 72701
  • Utilities Included
close
View Me
Leverett Townhouses
1 to 2 Bedroom Apartments

Leverett Townhouses

1500 N Leverett AveFayetteville, AR 72703
  • Utilities Included

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 B4BR,4BA$725
Yugo Fayetteville Dickson4 Bed, 4 Bath4BR,4BA$779
Southern View I/II1 Bedroom 1 Bath1BR,1BA$810
Porter Place Townhomes2BR/1.5BA Standard2BR,1BA$850
The Reserve on Cato SpringsA11BR,1BA$899
Washington Plaza Apartments2 x 12BR,1BA$910
Ruby on the Creek Apartments2 BD Without Balcony (Classic)2BR,1BA$930
Harmony Heights1B/1BA1BR,1BA$950
The AvenueClassic One Bedroom Apartment Home1BR,1BA$950

Best Value Apartments for Rent in Putnam, AR

As of June 12, 2025 the best value apartment in the Putnam area is the $1.17 price per square foot C1 Model at Backwater Cove in the in the Heritage East neighborhood starting from $1,800. The second greatest value Putnam apartment is the 2 Bedroom Model at Champions Club | Student Housing starting at $850 with a $0.71 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Backwater CoveC13BR,3BA$1.17
Champions Club | Student Housing2 Bedroom2BR,2BA$0.71
The Vue on Stadium Drive Fayetteville2 BEDROOM, 2 BATH2BR,2BA$0.82
Porter Place Townhomes2BR/1.5BA Midgrade2BR,1.5BA$0.88
Alight Fayetteville2 BEDROOM, 2 BATH2BR,2BA$0.84
Washington Plaza Apartments2 x 12BR,1BA$1.10
C&W Grandview Apartments2x1.52BR,1.5BA$0.94
Aspen Heights Fayetteville2 Bedroom - Frisco2BR,2BA$1.21
The Locale Fayetteville | Student HousingA32BR,2BA$1.30
Sweetser PropertiesRedbud, Gold Leaf, University, Noble Oaks 1/11BR,1BA$1.33

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Putnam, Fayetteville, AR

Ranked #4

Among neighborhoods in Fayetteville, AR for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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!

Getting Around the Putnam Neighborhood in Fayetteville, AR

Walk Score®

71 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

67 / 100

Bikeable

Some bike infrastructure

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 $950.

What is the price of a cheap apartment in Putnam?

The cheapest apartment in Putnam is SoFay Lofts which is listed at $640, while the average apartment in Putnam costs $20,995.

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 64 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 $614 which is $20,381 cheaper than the average rent for all rentals in Putnam.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.