
Cheap Homes for Rent in Leola, AR from $700 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Leola.


4417 W 13th Ave

715 Oakwood

3123 Lori Lake Rd

708 A Shepard Dr

3345 Malvern Rd
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.

166 Tulane

7801 US-270

907 Denver St

1627 Willow St

4623 AR-5

1303 Gray St
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.
Leola, AR Local Guide

How much does it cost to rent a home in Leola?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Leola 2 Bedroom Homes for Rent | $1,147 | $750 | $1,380 |
| Leola 3 Bedroom Homes for Rent | $1,534 | $750 | $2,300 |
| Leola 4 Bedroom Homes for Rent | $1,565 | $1,395 | $1,650 |
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Leola, AR Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sunset Village | STUDS | Studio,1BA | $510 |
| New Studio One LLC | Studio, 1 bath | Studio,1BA | $595 |
| Jefferson Court | 1 Bedroom | 1BR,1BA | $650 |
| Indiandale Apartments | 1.1S | 1BR,1BA | $725 |
| Camelot Apartments and Townhomes | 2.1.5 | 2BR,1BA | $735 |
Best Value Apartments for Rent in Leola, AR and Nearby
As of June 04, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 125 Oak Street apartments | 3 bed 2 bath | 3BR,2BA | $1.03 |
| The Pointe! at Hot Springs | Two Bedroom | 2BR,2BA | $1.11 |
| Camelot Apartments and Townhomes | 2.2 | 2BR,2BA | $0.91 |
| Seasons Apartments | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $0.87 |
| Ashley Kate Apartments | 2BR/1BA | 2BR,1BA | $1.01 |
| Village Square of Hot Springs | The Cove | 2BR,1BA | $1.24 |
| Otter Creek Villas | 2 Bed 1 Bath | 2BR,1BA | $1.19 |
| Jefferson Court | 1 Bedroom | 1BR,1BA | $0.91 |
| Fountain Lakes | Standard | 2BR,1BA | $1.15 |
| Sunset Village | STUDS | Studio ,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.
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!
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Frequently Asked Questions about Leola
What type of rentals are currently available in Leola?
There are currently 44 Apartments for Rent in Leola, AR with pricing that ranges from $510 to $2,500. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Leola ranging from $750 to $2,300.
What is the current price range for Rental Homes in Leola?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Leola ranges from $750 to $2,300 with an average monthly rent of $1,347.
How much are larger Three and Four Bedroom Rentals in Leola?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Leola range from $840 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $1,609.
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

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.

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.