Cheap Apartments for Rent in Friendship, AR from $500 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in Friendship.

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.

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Ouachita Commons
Studio Apartments

Ouachita Commons

150 Valley StCaddo Valley, AR 71923
  • Utilities Included
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Peaks at Hot Springs
2 Bedroom Apartments

Peaks at Hot Springs

431 Lake Hamilton DrHot Springs National Park, AR 71913
  • Utilities Included

Friendship, AR Local Guide

Cheapest Available Friendship Apartments for Rent and Nearby

 

The cheapest available apartment rental in Friendship, AR is a 1 Bed unit found at Fountain Lakes priced from $715. Indiandale Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Friendship apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fountain LakesStandard1BR,1BA$715
Indiandale Apartments1.1L R1BR,1BA$725
Dogwood LakesStandard Classic1BR,1BA$740
Crossing at Nandina1 Bedroom 1 Bathroom1BR,1BA$765
Eagle Hill I/IVCustom Deluxe1BR,1BA$775

Best Value Apartments for Rent in Friendship, AR and Nearby

As of June 19, 2025 the best value apartment in the Friendship area is the $1.00 price per square foot 3Bed2Bath Model at Earl’s Point Condominiums in the starting from $1,500. The second greatest value Friendship apartment is the C Model at ReNew Otter Creek starting at $1,295 with a $1.19 price per square foot in the Ward 7 neighborhood. Here is today’s list of the best values for Friendship apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Earl’s Point Condominiums3Bed2Bath3BR,2BA$1.00
ReNew Otter CreekC3BR,2BA$1.19
Otter Creek Villas3 Bed 2 Bath3BR,2BA$1.10
Fieldstone Townhomes of Bryant2 BED 2 BATH 1043 SF2BR,2BA$1.15
125 Oak Street apartments1 bed 1 bath1BR,1BA$1.33
The Pointe! at Hot SpringsOne Bedroom1BR,1BA$1.10
Wimbledon GreenOne bedroom1BR,1BA$1.36
Chapel Ridge of Hot Springs1/11BR,1BA$1.26
Somerset ApartmentsA11BR,1BA$1.24
Indiandale Apartments1.1L R1BR,1BA$1.18

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Friendship, AR Rentals by Map

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Getting Around Friendship, AR

Walk Score®

13 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

22 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Friendship Apartments

How much is rent for a Cheap One Bedroom Friendship Apartment?

The lowest price for a Cheap One Bedroom Friendship Apartment is $715 at Fountain Lakes.

What is the lowest price for a Cheap Two Bedroom Friendship Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Friendship is starting from $780 at Fountain Lakes.

What is the most affordable Friendship Three Bedroom Apartment?

The best deal on a cheap Friendship Three Bedroom Apartment rental is at Indiandale Apartments and starts from $995.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.

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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.

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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.