Cheap Apartments for Rent in Friendship, AR from $500 (29 Rentals)

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

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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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

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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 $735. Higdon Ferry Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $780. Here is today’s list of the most affordable Friendship apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fountain LakesStandard1BR,1BA$735
Higdon Ferry ApartmentsLarge 1 Bedroom Apartment Home1BR,1BA$780
Eagle Hill I/IVCustom Deluxe1BR,1BA$785
Eagle NestCustom1BR,1BA$795
Crossing at Nandina1 Bedroom 1 Bathroom1BR,1BA$799
Jefferson Terrace Apartments2 Beds, 1 bath2BR,1BA$800
The Greens at Hurricane CreekClassic Deluxe1BR,1BA$820
The Lakes at Hurricane CreekClassic Deluxe II1BR,1BA$840
The Fairways at Hurricane CreekClassic Deluxe II1BR,1BA$840
The Greens at Longhills I/IIClassic Deluxe IV - Phase I1BR,1BA$845

Best Value Apartments for Rent in Friendship, AR and Nearby

As of September 20, 2025 the best value apartment in the Friendship area is the $1.07 price per square foot 3Bed2Bath Model at Earl’s Point Condominiums in the starting from $1,600. The second greatest value Friendship apartment is the 3 Bed 2 Bath Model at Otter Creek Villas starting at $1,150 with a $1.10 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$1.07
Otter Creek Villas3 Bed 2 Bath3BR,2BA$1.10
125 Oak Street apartments1 bed 1 bath1BR,1BA$1.05
Ridge at Lake Hamilton2x1 Mkt2BR,1BA$1.18
Dogwood LakesCustom2BR,2BA$0.93
Indiandale Apartments2.2L R2BR,2BA$0.92
ReNew Otter CreekB22BR,2BA$1.09
Chapel Ridge of Hot Springs2/22BR,2BA$1.04
The Pointe! at Hot SpringsOne Bedroom1BR,1BA$1.10
Jefferson Terrace Apartments2 Beds, 1 bath2BR,1BA$0.90

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

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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

What is the Cheapest Studio apartment in Friendship?

Currently the most affordable Cheap Studio Apartment in Friendship is at Whisper Valley at Quartier listed at $899.

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 $800 at Jefferson Terrace Apartments.

What is the most affordable Friendship Three Bedroom Apartment?

The best deal on a cheap Friendship Three Bedroom Apartment rental is at Jefferson Terrace Apartments and starts from $900.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.