Cheap Apartments for Rent in the University Heights Neighborhood of Fayetteville, AR from $495 (208 Rentals)

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

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

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property at 1774 N Gregg Ave
$925 - $1,095
1 To 2 Bedroom Rentals
Available Sep 23
Affordability

1774 N Gregg Ave

FayettevilleAR72703

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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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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University Heights, Fayetteville, AR Local Guide

Cheapest Available University Heights Apartments for Rent

 

The cheapest available apartment rental in the University Heights area of Fayetteville, AR is a Studio unit found at 730 N Leverett Ave priced from $625. Aspen Heights Fayetteville has the second lowest priced unit, which is a 4 Beds apartment currently listed from $725. Here are the most affordable University Heights apartments for rent in Fayetteville, AR:

Apartment ListingModel NameBed/BathPriced From
730 N Leverett AveStudio / 1 Bath - 325 Sq. Ft.Studio, 1BA$625
Aspen Heights Fayetteville4 Bedroom - Boulder A4BR, 4BA$725
Cherylynn Townhouses1 Bed, 1 bath1BR, 1BA$750
Sweetser PropertiesRedbud, Gold Leaf, University, Noble Oaks 1/11BR, 1BA$750
University Apartments1 Bed, 1 bath1BR, 1BA$750
Chestnut Apartments1 Bed 1 Bath1BR, 1BA$750
Red Bud Apartments1 Bed, 1 bath1BR, 1BA$750
Cambridge Place1 Bed, 1 bath1BR, 1BA$775
Oakwood PlaceOakwood - 2/12BR, 1BA$775

Best Value Apartments for Rent in University Heights, AR

As of September 22, 2026 the best value apartment in the University Heights area is the $0.91 price per square foot 4/3 Unfurnished Townhome Model at The Row @ Arkansas in the Fayetteville Center neighborhood starting from $1,800. The second greatest value University Heights apartment is the Cloverhurst B - 4x4.5 Model at The Retreat at Fayetteville in the Heritage East neighborhood starting at $1,070 with a $0.55 price per square foot. Here is today’s list of the best values for University Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Row @ Arkansas4/3 Unfurnished Townhome4BR, 3BA$0.91
The Retreat at FayettevilleCloverhurst B - 4x4.54BR, 4.5BA$0.55
4076 W Santa Maria Ln, Unit Charming 3 Bed 3.5 Bath T4076 W Santa Maria Ln3BR, 3.5BA$1.03
The Landing FayettevilleB1 UP - 2x22BR, 2BA$0.62
Champions Club | Student Housing2 Bedroom2BR, 2BA$0.67
Pleasant Woods TownhomesPleasant Woods Town Homes2BR, 2.5BA$1.00
Mitchell YardsTwo Bedroom2BR, 2.5BA$0.96
The Vue on Stadium Drive Fayetteville2 BEDROOM, 2 BATH2BR, 2BA$0.87
Greenleaf TownhomesBetty Jo Renovated Unit2BR, 1.5BA$1.03
Alight Fayetteville2 BEDROOM, 2 BATH2BR, 2BA$0.86

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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Pet Friendly Lifestyle
University Heights, Fayetteville, AR

Ranked #3

Among cities in Arkansas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
University Heights, Fayetteville, AR

School data provided by Great Schools

Lifestyle Ratings

This website is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Arkansas, including Fayetteville. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap University Heights Apartments

What is a cheap apartment in University Heights?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University Heights is under $775.

What is the price of a cheap apartment in University Heights?

The cheapest apartment in University Heights is Chestnut Apartments which is listed at $695, while the average apartment in University Heights costs $1,265.

What types of apartments are the cheapest in University Heights?

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 245 regular apartments in University Heights 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 University Heights?

Cheap apartments in University Heights have an average cost of $686 which is $579 cheaper than the average rent for all rentals in University Heights.

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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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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.