
Cheap Apartments for Rent near Hermitage, AR from $400 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in Hermitage.


The Dels Magnolia

Sunset Village

The Dels El Dorado

New Studio One LLC

Terrace Villa

Park Place Apartments

Camelot Apartments and Townhomes

Pine Valley Apartments

Creel Properties
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.

Kirklin Heights Apartments

Westchester Square

Cambridge Place Apartments

Oak Creek Apartment

Ridgway Estates

Signature Place Apartments

Churchill Townhouses Apartments

Meadowview Apartments

Frances Place Apartments

Total Monthly Price
Shadow Hawk
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.

Bayou Park Apartments

Hideaway Place Apartments

Seasons & Woodale Apartments

Riverwood Apartments

521 W 2nd Ave

9634 Flowers Rd

719 W Faulkner St

Jefferson Court

Shadow Forest Apartments

4417 W 13th Ave
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.

403 Gulpha Dr

2503 S Orlando St

2001 W 28th Ave

11 Shirley St

Seasons Apartments

Meadowbrook Apartments

2310 W 25th Ave

107 Lake Terrace Road

1712 S Elm St

White Hall Estates
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.

Jefferson Terrace Apartments

1113 W 33rd Ave

1305 Collins Dr

2007 W 29th Ave

3500 S Poplar St

3300 Lilac St

850 Field Ave NW

800 W 34th Ave

1710 S Elm St

2701 W 11th Ave
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.
Hermitage, AR Local Guide

How much does it cost to rent an apartment in Hermitage?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hermitage Studio Apartments | $542 | $475 | $655 |
| Hermitage 1 Bedroom Apartments | $988 | $530 | $2,086 |
| Hermitage 2 Bedroom Apartments | $1,100 | $700 | $2,405 |
| Hermitage 3 Bedroom Apartments | $1,351 | $840 | $2,244 |
| Hermitage 4 Bedroom Apartments | $1,560 | $1,270 | $2,000 |
Browse Top Apartments in Hermitage
See all Apartments in HermitageExplore Hermitage
Hermitage, AR Local Guide
- Nearby Cities
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Cheapest Available Hermitage Apartments for Rent and Nearby
 The cheapest available apartment rental in Hermitage, AR is a 3 Beds unit found at Preston Apartments priced from $473. The Dels Magnolia has the second lowest priced unit, which is a Studio apartment currently listed from $475. Here is today’s list of the most affordable Hermitage apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Preston Apartments | 3BD 2BTH | 3BR,2BA | $473 |
| The Dels Magnolia | Studio, 1 bath | Studio,1BA | $475 |
| Sunset Village | STUDS | Studio,1BA | $510 |
| The Dels El Dorado | Studio | Studio,1BA | $545 |
| New Studio One LLC | Studio, 1 bath | Studio,1BA | $595 |
| Jefferson Court | 1 Bedroom | 1BR,1BA | $650 |
| Park Place Apartments | 1 Bedroom | 1BR,1BA | $650 |
| Terrace Villa | 1BR/1BA | 1BR,1BA | $700 |
| Pine Valley Apartments | 1 Bedroom | 1BR,1BA | $725 |
| Camelot Apartments and Townhomes | 2.1.5 | 2BR,1BA | $735 |
Best Value Apartments for Rent in Hermitage, AR and Nearby
As of July 17, 2026 the best value apartment in the Hermitage area is the $1.06 price per square foot RYAN Model at Creel Properties in the starting from $1,700. The second greatest value Hermitage apartment is the 2 bedroom townhome Model at Churchill Townhouses Apartments starting at $1,000 with a $0.80 price per square foot . Here is today’s list of the best values for Hermitage apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Creel Properties | RYAN | 4BR,2BA | $1.06 |
| Churchill Townhouses Apartments | 2 bedroom townhome | 2BR,2BA | $0.80 |
| Preston Apartments | 3BD 2BTH | 3BR,2BA | $0.40 |
| Camelot Apartments and Townhomes | 2.2 | 2BR,2BA | $0.91 |
| Seasons Apartments | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $0.87 |
| Terrace Villa | 1BR/1BA | 1BR,1BA | $0.91 |
| Frances Place Apartments | 1 BR/1 BA | 1BR,1BA | $1.13 |
| Westchester Square | Lg 1 Bed | 1BR,1BA | $1.03 |
| Jefferson Court | 1 Bedroom | 1BR,1BA | $0.91 |
| Pine Valley Apartments | 1 Bedroom | 1BR,1BA | $1.06 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Hermitage, AR Rentals by Map
See the most popular apartments and homes in Hermitage, AR
Frequently Asked Questions about Cheap Hermitage Apartments
What is the Cheapest Studio apartment in Hermitage?
Currently the most affordable Cheap Studio Apartment in Hermitage is at The Dels Magnolia listed at $475.
How much is rent for a Cheap One Bedroom Hermitage Apartment?
The lowest price for a Cheap One Bedroom Hermitage Apartment is $530 at Sunset Village.
What is the lowest price for a Cheap Two Bedroom Hermitage Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Hermitage is starting from $700 at Sunset Village.
What is the most affordable Hermitage Three Bedroom Apartment?
The best deal on a cheap Hermitage Three Bedroom Apartment rental is at Preston Apartments and starts from $473.
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

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.

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.

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.

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.