
Cheap Apartments for Rent near Pencil Bluff, AR from $525 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in Pencil Bluff.


The Orchard

Indiandale Apartments

Parker Place Apartments

Cumberland Square Apartments

Winchester Estates Apartments

Woodbrook Apartments I & II

Shadow Lake

The Dels - Russellville
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Spring Lake I/II

700 S 11th St

701 S 10th St

Total Monthly Price
Village Meadows

Total Monthly Price
Marina Apartments

Forest Oaks Apartments

Remington Apartments

Grand Point Bay Apartments

Ashley Kate Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Chapel Ridge of Hot Springs

Ridgewood

Shire Pointe

Village Square Apartment

Glen Oaks Apartments

Earl’s Point Condominiums

Somerset Apartments

Total Monthly Price
Prairie at Chaffee Crossing

Harbortown Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Village Square of Hot Springs

125 Oak Street apartments

Forrest Hills Apartments

The Reserve at Chaffee Crossing Apartment Homes & Townhomes

The Balconies at Heritage 7401

The Balconies at Heritage 7331

88 Chaffee Crossing

The Pointe! at Hot Springs

Urban Loft Co.Russellville
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.

Latitude by the Lake

Ouachita Commons

912 Vivian St

Higdon Ferry Apartments

1422 Greenwood Ave

Peaks at Hot Springs

114 Delcamp Pl

125 Plain St

129 Enterprise Dr
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.

305 Beard St

104 Rocky Reef Cir

300 Richard St

124 Strandberg Cir
Pencil Bluff, AR Local Guide

How much does it cost to rent an apartment in Pencil Bluff?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pencil Bluff Studio Apartments | $858 | $525 | $1,039 |
| Pencil Bluff 1 Bedroom Apartments | $1,015 | $600 | $1,696 |
| Pencil Bluff 2 Bedroom Apartments | $1,067 | $695 | $1,950 |
| Pencil Bluff 3 Bedroom Apartments | $1,623 | $820 | $2,605 |
Browse Top Apartments in Pencil Bluff
See all Apartments in Pencil BluffExplore Pencil Bluff
Pencil Bluff, AR Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Pencil Bluff Apartments for Rent and Nearby
 The cheapest available apartment rental in Pencil Bluff, AR is a 3 Beds unit found at Parklane Apartments priced from $25. The Orchard has the second lowest priced unit, which is a Studio apartment currently listed from $525. Here is today’s list of the most affordable Pencil Bluff apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parklane Apartments | 3 Bed 1 Bath | 3BR,1BA | $25 |
| The Orchard | Studio | Studio,1BA | $525 |
| Parker Place Apartments | Studio | Studio,1BA | $610 |
| Cumberland Square Apartments | 1BR/1BA | 1BR,1BA | $650 |
| Spring Lake I/II | Standard Phase I | 1BR,1BA | $725 |
| The Dels - Russellville | 1 Bed 1 Bath | 1BR,1BA | $725 |
| 700 S 11th St | 700 S 11th Street | 2BR,1BA | $725 |
| Shadow Lake | Standard | 2BR,1BA | $745 |
| Forest Oaks Apartments | 2bd | 2BR,1BA | $795 |
| Marina Apartments | 2 Bedroom, 1.5 Bath- B Plan Downstairs | 2BR,1BA | $795 |
Best Value Apartments for Rent in Pencil Bluff, AR and Nearby
As of September 05, 2026 the best value apartment in the Pencil Bluff area is the $0.91 price per square foot 3Bed2Bath Model at Earl’s Point Condominiums in the starting from $1,325. The second greatest value Pencil Bluff apartment is the 1234 Model at Willowbrook Duplexes starting at $1,299 with a $0.96 price per square foot in the Cavanaugh neighborhood. Here is today’s list of the best values for Pencil Bluff apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Earl’s Point Condominiums | 3Bed2Bath | 3BR,2BA | $0.91 |
| Willowbrook Duplexes | 1234 | 3BR,2BA | $0.96 |
| 700 S 11th St | 700 S 11th Street | 2BR,1.5BA | $0.69 |
| Glen Oaks Apartments | 2 Bed, 2 Bath (REHAB) | 2BR,2BA | $0.92 |
| Harbortown Apartments | 2.2 | 2BR,2BA | $0.95 |
| Remington Apartments | 2x2 | 2BR,2BA | $0.85 |
| Forest Oaks Apartments | 2bd | 2BR,1.5BA | $0.86 |
| Marina Apartments | 2 Bedroom, 1.5 Bath- B Plan Downstairs | 2BR,1.5BA | $0.86 |
| River Valley Flats | One Bedroom w/Bathroom in 4BR Flat - LIVING ROO... | 3BR,4BA | $0.48 |
| Parklane Apartments | 2 Bed 1 Bath | 2BR,1BA | $0.03 |
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 ArticleNavigating 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.
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!
Explore Pencil Bluff, AR Rentals by Map
See the most popular apartments and homes in Pencil Bluff, AR
Frequently Asked Questions about Cheap Pencil Bluff Apartments
What is the Cheapest Studio apartment in Pencil Bluff?
Currently the most affordable Cheap Studio Apartment in Pencil Bluff is at The Orchard listed at $525.
How much is rent for a Cheap One Bedroom Pencil Bluff Apartment?
The lowest price for a Cheap One Bedroom Pencil Bluff Apartment is $650 at Cumberland Square Apartments.
What is the lowest price for a Cheap Two Bedroom Pencil Bluff Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Pencil Bluff is starting from $25 at Parklane Apartments.
What is the most affordable Pencil Bluff Three Bedroom Apartment?
The best deal on a cheap Pencil Bluff Three Bedroom Apartment rental is at Parklane Apartments and starts from $25.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.