Cheap Apartments for Rent near Hermitage, AR from $475 (68 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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.

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Shadow Hawk
$950 - $1,200

Total Monthly Price

Base Rent$950 - $1,200
Total Monthly Price$950 - $1,200
1 to 3 Bedroom Apartments Available Now

Shadow Hawk

3000 Evangeline StMonroe, LA 71201
Pet Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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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Jefferson Court
1 to 2 Bedroom Apartments

Jefferson Court

2100 W 40th AvePine Bluff, AR 71603
  • Utilities Included

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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Hermitage, AR Local Guide

Cheapest Available Hermitage Apartments for Rent and Nearby

 

The cheapest available apartment rental in Hermitage, AR is a Studio unit found at The Dels Magnolia priced from $475. Sunset Village has the second lowest priced unit, which is a Studio apartment currently listed from $510. Here is today’s list of the most affordable Hermitage apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Dels MagnoliaStudio, 1 bathStudio,1BA$475
Sunset VillageSTUDSStudio,1BA$510
New Studio One LLCStudio, 1 bathStudio,1BA$595
Whispering Knoll Independent Senior LivingStudio1BR,1BA$600
Park Place Apartments1 Bedroom1BR,1BA$650
Jefferson Court1 Bedroom1BR,1BA$650
Camelot Apartments and Townhomes1.11BR,1BA$695
Terrace Villa1BR/1BA1BR,1BA$700
Pine Valley Apartments1 Bedroom1BR,1BA$725
Oakhurst Apartments1 Bedroom1BR,1BA$744

Best Value Apartments for Rent in Hermitage, AR and Nearby

As of September 06, 2026 the best value apartment in the Hermitage area is the $0.81 price per square foot 3BD 2BTH Model at Preston Apartments in the starting from $950. The second greatest value Hermitage apartment is the 2/2 Model at Magnolia Heights starting at $1,000 with a $0.96 price per square foot in the Grant County neighborhood. Here is today’s list of the best values for Hermitage apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Preston Apartments3BD 2BTH3BR,2BA$0.81
Magnolia Heights2/22BR,2BA$0.96
Jefferson Terrace Apartments2 Beds, 1 bath2BR,1BA$1.01
Seasons Apartments2 Bedroom 1.5 Bath2BR,1.5BA$0.87
Oakhurst Apartments1 Bedroom1BR,1BA$0.88
Westchester Square2 Bed 1 Bath2BR,1BA$1.01
Terrace Villa1BR/1BA1BR,1BA$0.91
Creel PropertiesJENNIFER LANE1BR,1BA$1.00
Jefferson Court1 Bedroom1BR,1BA$0.91
Pine Valley Apartments1 Bedroom1BR,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.

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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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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 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 $950.

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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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.