Cheap Apartments for Rent in Leola, AR from $500 (50 Rentals)

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

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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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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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
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Jefferson Court
1 to 2 Bedroom Apartments

Jefferson Court

2100 W 40th AvePine Bluff, AR 71603
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Seasons Apartments
1 to 3 Bedroom Apartments

Seasons Apartments

301 W 33rd AvePine Bluff, AR 71603
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Meadowbrook Apartments
1 to 3 Bedroom Apartments

Meadowbrook Apartments

1901 W 40th AvePine Bluff, AR 71603
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White Hall Estates
2 to 3 Bedroom Apartments

White Hall Estates

106 W Little LnWhite Hall, AR 71602
  • 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.

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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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Leola, AR Local Guide

Cheapest Available Leola Apartments for Rent and Nearby

 

The cheapest available apartment rental in Leola, AR is a Studio unit found at Sunset Village priced from $510. New Studio One LLC has the second lowest priced unit, which is a Studio apartment currently listed from $595. Here is today’s list of the most affordable Leola apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sunset VillageSTUDSStudio,1BA$510
New Studio One LLCStudio, 1 bathStudio,1BA$595
Jefferson Court1 Bedroom1BR,1BA$650
Indiandale Apartments1.1S1BR,1BA$675
Camelot Apartments and Townhomes2.1.52BR,1BA$735
Seasons Apartments2 Bedroom 1.5 Bath2BR,1BA$760
Dogwood LakesCustom1BR,1BA$785
Crossing at Nandina1 Bedroom 1 Bathroom1BR,1BA$799
Fountain LakesStandard2BR,1BA$805
Higdon Ferry ApartmentsLarge 1 Bedroom Apartment Home1BR,1BA$815

Best Value Apartments for Rent in Leola, AR and Nearby

As of May 24, 2026 the best value apartment in the Leola 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 Leola apartment is the Two Bedroom Model at The Pointe! at Hot Springs starting at $1,275 with a $1.11 price per square foot . Here is today’s list of the best values for Leola apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
125 Oak Street apartments3 bed 2 bath3BR,2BA$1.03
The Pointe! at Hot SpringsTwo Bedroom2BR,2BA$1.11
Camelot Apartments and Townhomes2.22BR,2BA$0.91
Seasons Apartments2 Bedroom 1.5 Bath2BR,1.5BA$0.87
Ashley Kate Apartments2BR/1BA2BR,1BA$1.01
Otter Creek Villas2 Bed 1 Bath2BR,1BA$1.19
Jefferson Court1 Bedroom1BR,1BA$0.91
Fountain LakesStandard2BR,1BA$1.15
Indiandale Apartments1.1L1BR,1BA$1.18
Sunset VillageSTUDSStudio ,1BA$1.13

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!

Explore Leola, AR Rentals by Map

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See the most popular apartments and homes in Leola, AR

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Frequently Asked Questions about Cheap Leola Apartments

What is the Cheapest Studio apartment in Leola?

Currently the most affordable Cheap Studio Apartment in Leola is at Sunset Village listed at $510.

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

The lowest price for a Cheap One Bedroom Leola Apartment is $530 at Sunset Village.

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

Today's best deal for a Cheap Two Bedroom Apartment in Leola is starting from $720 at Sunset Village.

What is the most affordable Leola Three Bedroom Apartment?

The best deal on a cheap Leola Three Bedroom Apartment rental is at Sunset Village and starts from $840.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.