Cheap Apartments for Rent in Malvern, AR from $500 (41 Rentals)

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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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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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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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Ouachita Commons
Studio to 1 Bedroom Apartments

Ouachita Commons

150 Valley StCaddo Valley, AR 71923
  • Utilities Included
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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

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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Showing Results 1-41, Page 1 of 1

Malvern, AR Local Guide

Cheapest Available Malvern Apartments for Rent and Nearby

 

The cheapest available apartment rental in Malvern, AR is a 1 Bed unit found at Fountain Lakes priced from $735. Dogwood Lakes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $760. Here is today’s list of the most affordable Malvern apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fountain LakesStandard1BR,1BA$735
Dogwood LakesStandard Classic1BR,1BA$760
Higdon Ferry ApartmentsLarge 1 Bedroom Apartment Home1BR,1BA$780
Eagle Hill I/IVCustom Deluxe1BR,1BA$785
Eagle NestCustom1BR,1BA$795
Crossing at Nandina1 Bedroom 1 Bathroom1BR,1BA$799
The Greens at Hurricane CreekClassic Deluxe1BR,1BA$820
Grand Point Bay Apartments2 Bedroom2BR,1BA$825
The Fairways at Hurricane CreekClassic Deluxe II1BR,1BA$840
The Lakes at Hurricane CreekClassic Deluxe II1BR,1BA$840

Best Value Apartments for Rent in Malvern, AR and Nearby

As of January 01, 2026 the best value apartment in the Malvern area is the $0.97 price per square foot 3Bed2Bath Model at Earl’s Point Condominiums in the starting from $1,400. The second greatest value Malvern 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 Malvern apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Earl’s Point Condominiums3Bed2Bath3BR,2BA$0.97
The Pointe! at Hot SpringsTwo Bedroom2BR,2BA$1.11
125 Oak Street apartments1 bed 1 bath1BR,1BA$1.00
Wimbledon Green1st flr,2BR,2BTH2BR,2BA$1.24
Grand Point Bay Apartments2 Bedroom2BR,1.5BA$0.83
Indiandale Apartments2.2L2BR,2BA$0.92
Ashley Kate Apartments2BR/1BA2BR,1BA$1.01
Village Square of Hot SpringsThe Cove2BR,1BA$1.21
ReNew Otter CreekA1BR,1BA$1.26
Chapel Ridge of Hot Springs1/11BR,1BA$1.26

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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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Best Local Schools in
Malvern, AR

School data provided by Great Schools

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

Explore Malvern, AR Rentals by Map

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Frequently Asked Questions about Cheap Malvern Apartments

What is the Cheapest Studio apartment in Malvern?

Currently the most affordable Cheap Studio Apartment in Malvern is at Higdon Ferry Apartments listed at $1,400.

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

The lowest price for a Cheap One Bedroom Malvern Apartment is $735 at Fountain Lakes.

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

Today's best deal for a Cheap Two Bedroom Apartment in Malvern is starting from $805 at Fountain Lakes.

What is the most affordable Malvern Three Bedroom Apartment?

The best deal on a cheap Malvern Three Bedroom Apartment rental is at Indiandale Apartments and starts from $995.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!