Cheap Apartments for Rent in the Putnam Neighborhood of Fayetteville, AR from $400 (117 Rentals)

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

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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property at 85 W 15th St

$850 - $1,400

1 To 2 Bedroom Rentals

Available Now

85 W 15th St

FayettevilleAR72701

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 1774 N Gregg Ave

$925 - $1,095

1 To 2 Bedroom Rentals

Available Mar 15

1774 N Gregg Ave

FayettevilleAR72703

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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.

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Modern 1540
$1,000 - $1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $1,500
Total Monthly Price
$1,000 - $1,500
1 to 2 Bedroom Apartments Available Now

Modern 1540

1540 W Nettleship StFayetteville, AR 72701
Student Housing
  • Verified
  • Utilities Included

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.

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property at 1355 Oakland Ave

$1,095 - $1,295

2 To 3 Bedroom Rentals

Available Mar 15

1355 Oakland Ave

FayettevilleAR72703

Navigating the Rental Market: Tips for First-Time Renters

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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 B4BR,4BA$725
Garden Park ApartmentsOrchid1BR,1BA$794
The NestSmall StudioStudio,1BA$825
Oakwood PlaceOakwood - 2/12BR,1BA$850
Southern View I/IIClassic Deluxe II1BR,1BA$865
Mountain View ApartmentsThe Scholar1BR,1BA$875
Ruby on the Creek ApartmentsSTStudio,1BA$900
Porter Place Townhomes2BR/1.5BA Standard2BR,1BA$900

Best Value Apartments for Rent in Putnam, AR

As of March 14, 2026 the best value apartment in the Putnam area is the $0.59 price per square foot D5 - 4x4 Model at College Town Fayetteville in the in the Fayetteville Center neighborhood starting from $1,030. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
College Town FayettevilleD5 - 4x44BR,4BA$0.59
The Academy at FriscoD54BR,4BA$0.73
The Landing FayettevilleB1 UP - 2x22BR,2BA$0.70
Champions Club | Student Housing2 Bedroom2BR,2BA$0.77
Pleasant Woods Townhomes2 Bed 2.5 Bath2BR,2.5BA$1.00
The Vue on Stadium Drive Fayetteville2 BEDROOM, 2 BATH2BR,2BA$0.87
Chamberland Square Apartments2 Bedroom2BR,2BA$1.03
Porter Place Townhomes2BR/1.5BA Upgrade2BR,1.5BA$1.08
Alight Fayetteville2 BEDROOM, 2 BATH2BR,2BA$0.80
Washington Plaza Apartments2 x 12BR,1BA$1.10

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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The 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.

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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.

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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 $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 $21,086.

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 109 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 $645 which is $20,441 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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.