Cheap Homes for Rent in Mellwood, AR from $700 (12 Rentals)

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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.

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.

Mellwood, AR Local Guide

Cheapest Available Mellwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mellwood, 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 Mellwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sunset VillageSTUDSStudio,1BA$510
New Studio One LLCStudio, 1 bathStudio,1BA$595
Country Club1x1Country Club1BR,1BA$600
Vantage Point Apartments - Carriage HousePark View2BR,2BA$650
Jefferson Court1 Bedroom1BR,1BA$650

Best Value Apartments for Rent in Mellwood, AR and Nearby

As of June 18, 2026 the best value apartment in the Mellwood area is the $0.83 price per square foot 2x1 Model at Broadway Commons in the starting from $834. The second greatest value Mellwood apartment is the 3 Bedroom 2 Bath STD Model at Delta Village Mobile Home Community starting at $650 with a $0.68 price per square foot . Here is today’s list of the best values for Mellwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Broadway Commons2x12BR,1BA$0.83
Delta Village Mobile Home Community3 Bedroom 2 Bath STD3BR,2BA$0.68
Village Square of JacksonvilleThe Aviator2BR,2BA$0.86
Farmview Estates2X12BR,1BA$0.78
Camelot Apartments and Townhomes2.22BR,2BA$0.91
Seasons Apartments2 Bedroom 1.5 Bath2BR,1.5BA$0.87
Vantage Point Apartments - Carriage HouseVantage Point2BR,2BA$1.00
Jefferson Court1 Bedroom1BR,1BA$0.91
Country Club1x1Country Club1BR,1BA$0.88
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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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!

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Frequently Asked Questions about Mellwood

What type of rentals are currently available in Mellwood?

There are currently 42 Apartments for Rent in Mellwood, AR with pricing that ranges from $510 to $2,093. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mellwood ranging from $750 to $4,500.

What is the current price range for Rental Homes in Mellwood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Mellwood ranges from $750 to $4,500 with an average monthly rent of $1,556.

How much are larger Three and Four Bedroom Rentals in Mellwood?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Mellwood range from $750 to $2,093, 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 $1,150 and Four Bedroom Apartments start at $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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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.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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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.