Cheap Apartments for Rent near Jay, AR from $500 (34 Rentals)

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

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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Caraway Commons
Rent Specials
$850 - $1,150
Total Monthly Price

Total Monthly Price

Base Rent
$850 - $1,150
Total Monthly Price
$850 - $1,150
1 to 3 Bedroom Apartments Available Now

Caraway Commons

3308 Caraway Commons DrJonesboro, AR 72404
Outdoors
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  • Customer Reviewed
  • Utilities Included

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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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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Villas at Jonesboro
1 to 2 Bedroom Apartments

Villas at Jonesboro

983 N Patrick StJonesboro, AR 72401
Senior Living
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Sundance Townhomes
2 Bedroom Apartments

Sundance Townhomes

1912 Word CvJonesboro, AR 72401
Student Housing
  • Utilities Included

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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Showing Results 1-34, Page 1 of 1

Jay, AR Local Guide

Cheapest Available Jay Apartments for Rent and Nearby

 

The cheapest available apartment rental in Jay, AR is a 1 Bed unit found at The Vue on Self Circle in the Downtown Jonesboro neighborhood priced from $575. Cedar Manor Apartments in the Downtown Jonesboro neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $575. Here is today’s list of the most affordable Jay apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Vue on Self Circle1BR/1BA1BR,1BA$575
Cedar Manor ApartmentsStudioStudio,1BA$575
CapriDiamond1BR,1BA$600
Gladiola EstatesStandard 1 Bedroom1BR,1BA$665
Park LakeStandard1BR,1BA$665
SilverwoodCustom1BR,1BA$705
The Links at JonesboroCustom1BR,1BA$720
Pines Apartments1 bedroom x 1 bath1BR,1BA$725
Williamsburg ApartmentsMEDIUM 2BR/1BA2BR,1BA$790
Courtyard @ The Corner2 Bedroom, 1 Bathroom2BR,1BA$800

Best Value Apartments for Rent in Jay, AR and Nearby

As of August 06, 2026 the best value apartment in the Jay area is the $0.83 price per square foot 2 Bed 1.5 Bath - Morganne Dr Model at The Oak Townhomes in the starting from $1,000. The second greatest value Jay apartment is the 3BR -R Model at Caraway Commons starting at $1,150 with a $0.98 price per square foot . Here is today’s list of the best values for Jay apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Oak Townhomes2 Bed 1.5 Bath - Morganne Dr2BR,1.5BA$0.83
Caraway Commons3BR -R3BR,2BA$0.98
Deerfield CrossingTwo Bedroom Townhome2BR,2BA$1.18
Sunrise Luxury Apartments22G502BR,2BA$1.13
Williamsburg ApartmentsMEDIUM 2BR/1BA2BR,1BA$0.83
Chapel Ridge of RipleyTwo Bedroom Two Bathroom2BR,1BA$1.11
Grove Apartments1 Bedroom1BR,1BA$1.12
Courtyard @ The Corner2 Bedroom, 1 Bathroom2BR,1BA$1.09
Grand Oak Place2x12BR,1BA$1.16
The Vue on Self Circle2BR/1.5BA2BR,1.5BA$1.08

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

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Frequently Asked Questions about Cheap Jay Apartments

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

The lowest price for a Cheap One Bedroom Jay Apartment is $575 at The Vue on Self Circle.

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

Today's best deal for a Cheap Two Bedroom Apartment in Jay is starting from $700 at The Vue on Self Circle.

What is the most affordable Jay Three Bedroom Apartment?

The best deal on a cheap Jay Three Bedroom Apartment rental is at Courtyard @ The Corner and starts from $900.

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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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.

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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.