Cheap Homes for Rent in Palestine, AR from $600 (12 Rentals)

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

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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Palestine, AR Local Guide

Cheapest Available Palestine Apartments for Rent and Nearby

 

The cheapest available apartment rental in Palestine, AR is a 2 Beds unit found at Vantage Point Apartments - Carriage House priced from $650. New Frontier has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here is today’s list of the most affordable Palestine apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Vantage Point Apartments - Carriage HouseVantage Point2BR,2BA$650
New FrontierStudioStudio,1BA$725
Weaver Fields Apartments1 Bed, 1 bath1BR,1BA$725
Chapel Ridge1X1 Mkt1BR,1BA$775
The Lexington1 Bed 1 Bath Classic1BR,1BA$800

Best Value Apartments for Rent in Palestine, AR and Nearby

As of July 30, 2025 the best value apartment in the Palestine area is the $0.71 price per square foot 4BR Model at Chapel Place Homes in the in the South Memphis neighborhood starting from $1,031. The second greatest value Palestine apartment is the Renovated 2 Bedroom 2 Bath Model at The Crescent at 161 starting at $1,375 with a $1.29 price per square foot in the McKeller neighborhood. Here is today’s list of the best values for Palestine apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Chapel Place Homes4BR4BR,3BA$0.71
The Crescent at 161Renovated 2 Bedroom 2 Bath2BR,2BA$1.29
Meadows West Memphis3 bedroom/2 bath3BR,2BA$0.95
Riverchase Apartments2x2 R2BR,2BA$0.96
New Frontier2 Bedroom2BR,1BA$1.06
Bent Creek Apartments2 Bedroom2BR,1BA$0.94
Weaver Fields Apartments1 Bed, 1 bath1BR,1BA$0.94
Lakeside Vintage1 Bedroom 1 Bath1BR,1BA$1.13
The Lexington1 Bed 1 Bath Renovated1BR,1BA$1.18
Chapel Ridge1X1 Mkt1BR,1BA$1.15

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Frequently Asked Questions about Palestine

What type of rentals are currently available in Palestine?

There are currently 38 Apartments for Rent in Palestine, AR with pricing that ranges from $650 to $2,885. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palestine ranging from $693 to $2,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Palestine ranges from $693 to $2,500 with an average monthly rent of $1,418.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Palestine range from $895 to $2,472, while Three Bedroom Homes, Condos, and Townhomes for rent range from $849 to $2,500. Four Bedroom Single-Family rentals are also available starting from $850 and Four Bedroom Apartments start at $725.

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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.

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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.

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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.