Cheap Apartments for Rent near Pencil Bluff, AR from $300 (63 Rentals)

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Search the lowest-cost Apartments available for rent right now in Pencil Bluff.

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.

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Village Meadows
$760 - $860
Total Monthly Price

Total Monthly Price

Base Rent
$760 - $860
Total Monthly Price
$760 - $860
1 to 2 Bedroom Apartments Available Now

Village Meadows

9801 Meandering WayFort Smith, AR 72903
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  • Utilities Included

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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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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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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Ouachita Commons
Studio to 1 Bedroom Apartments

Ouachita Commons

150 Valley StCaddo Valley, AR 71923
  • Utilities Included
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Remington Apartments
2 Bedroom Apartments

Remington Apartments

2402 W C StRussellville, AR 72801
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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

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.

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Pencil Bluff, AR Local Guide

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. River Valley Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $375. Here is today’s list of the most affordable Pencil Bluff apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parklane Apartments3 Bed 1 Bath3BR,1BA$25
River Valley FlatsOne Bedroom w/Private Bathroom in 4BR Flat - LI...1BR,1BA$375
The OrchardStudioStudio,1BA$525
The Dels - RussellvilleStudioStudio,1BA$525
Parker Place ApartmentsStudioStudio,1BA$610
Cumberland Square Apartments1BR/1BA1BR,1BA$650
Forest Oaks Apartments1bd1BR,1BA$680
Shadow LakeStandard1BR,1BA$695
Winchester Estates Apartments2BR/1.0BA2BR,1BA$695
Marina Apartments1 Bedroom, 1 Bathroom1BR,1BA$700

Best Value Apartments for Rent in Pencil Bluff, AR and Nearby

As of July 14, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Earl’s Point Condominiums3Bed2Bath3BR,2BA$0.91
Willowbrook Duplexes12343BR,2BA$0.96
Indiandale Apartments3.2 R3BR,2BA$0.89
701 S 10th St701 S 10th2BR,1.5BA$0.69
Winchester Estates Apartments3BR/1.5BA3BR,1.5BA$0.82
Glen Oaks Apartments2 Bed, 2 Bath (REHAB)2BR,2BA$0.92
Harbortown Apartments2.22BR,2BA$0.95
Ashley Kate Apartments2BR/1BA2BR,1BA$1.01
Forest Oaks Apartments1bd1BR,1BA$0.96
Marina Apartments1 Bedroom, 1 Bathroom1BR,1BA$0.99

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!

Explore Pencil Bluff, AR Rentals by Map

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See the most popular apartments and homes in Pencil Bluff, AR

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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 $375 at River Valley Flats.

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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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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.