Cheap Apartments for Rent near Friendship, AR from $500 (50 Rentals)

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

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.

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.

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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Ouachita Commons
Studio to 1 Bedroom Apartments

Ouachita Commons

150 Valley StCaddo Valley, AR 71923
  • Utilities Included
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Peaks at Hot Springs
1 to 3 Bedroom Apartments

Peaks at Hot Springs

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

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.

property at 201 Audubon St

$1,100 - $1,200

2 Bedroom Rentals

Available Now

201 Audubon St

Hot SpringsAR71913

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Friendship, AR Local Guide

Cheapest Available Friendship Apartments for Rent and Nearby

 

The cheapest available apartment rental in Friendship, AR is a 2 Beds unit found at 701 S 10th St priced from $725. Fountain Lakes in the Saline County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $735. Here is today’s list of the most affordable Friendship apartments for rent:

Apartment ListingModel NameBed/BathPriced From
701 S 10th St701 S 10th2BR,1BA$725
Fountain LakesStandard1BR,1BA$735
Dogwood LakesStandard Classic1BR,1BA$760
Eagle Hill I/IVCustom Deluxe1BR,1BA$785
Eagle NestCustom1BR,1BA$795
Higdon Ferry ApartmentsLarge 1 Bedroom Apartment Home1BR,1BA$815
The Greens at Hurricane CreekClassic Deluxe1BR,1BA$820
Indiandale Apartments2.2L2BR,2BA$825
The Fairways at Hurricane CreekClassic Deluxe II1BR,1BA$840
The Lakes at Hurricane CreekClassic Deluxe II1BR,1BA$840

Best Value Apartments for Rent in Friendship, AR and Nearby

As of July 12, 2026 the best value apartment in the Friendship area is the $1.03 price per square foot 3 bed 2 bath Model at 125 Oak Street apartments in the starting from $1,850. The second greatest value Friendship apartment is the 3Bed2Bath Model at Earl’s Point Condominiums starting at $1,325 with a $0.91 price per square foot . 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.
125 Oak Street apartments3 bed 2 bath3BR,2BA$1.03
Earl’s Point Condominiums3Bed2Bath3BR,2BA$0.91
Indiandale Apartments3.2 R3BR,2BA$0.89
Chapel Ridge of Hot Springs3/23BR,2BA$1.05
701 S 10th St701 S 10th2BR,1.5BA$0.69
ReNew Otter Creek2 Bed 2 Bath B2BR,2BA$1.25
Crossing at Nandina2 Bedroom 1 Bathroom2BR,1BA$1.29
Ashley Kate Apartments2BR/1BA2BR,1BA$1.01
Otter Creek Villas2 Bed 1 Bath2BR,1BA$1.38
Forrest Hills Apartments1x11BR,1BA$1.33

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

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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 $735 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 $725 at 701 S 10th St.

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

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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.