Cheap Homes for Rent in Ola, AR from $500 (7 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in Ola.

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.

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.

Ola, AR Local Guide

Cheapest Available Ola Apartments for Rent and Nearby

 

The cheapest available apartment rental in Ola, AR is a 1 Bed unit found at Salem Park in the Conway neighborhood priced from $655. Shadow Lake has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Ola apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Salem ParkStandard1BR,1BA$655
Shadow LakeStandard1BR,1BA$695
WestlakeStandard1BR,1BA$705

Best Value Apartments for Rent in Ola, AR and Nearby

As of July 24, 2025 the best value apartment in the Ola area is the $1.00 price per square foot 3Bed2Bath Model at Earl’s Point Condominiums in the starting from $1,500. The second greatest value Ola apartment is the Two Bedroom Loft w/ Garage Model at Centerstone Apartment Homes starting at $1,250 with a $1.09 price per square foot in the Conway neighborhood. Here is today’s list of the best values for Ola apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Earl’s Point Condominiums3Bed2Bath3BR,2BA$1.00
Centerstone Apartment HomesTwo Bedroom Loft w/ Garage2BR,2BA$1.09
3020-3044 Donnell Ridge Rd2 Bed2BR,1.5BA$1.14
125 Oak Street apartments1 bed 1 bath1BR,1BA$1.05
The Pointe! at Hot SpringsOne Bedroom1BR,1BA$1.10
Glenrock Apartments2 BR2BR,2BA$1.06
Indiandale Apartments2.2 R2BR,2BA$0.95
Village Square of Hot Springs2 Bed/1 Bath2BR,1BA$1.16
Village Square Apartment1 Bed 1 Bath1BR,1BA$1.09
Salem ParkStandard1BR,1BA$1.26

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Ola

What type of rentals are currently available in Ola?

There are currently 39 Apartments for Rent in Ola, AR with pricing that ranges from $525 to $2,500. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ola ranging from $575 to $1,450.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Ola ranges from $575 to $1,450 with an average monthly rent of $990.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Ola range from $975 to $2,196, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $1,450. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $1,450.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.