Cheap Apartments for Rent in Pencil Bluff, AR from $500 (31 Rentals)

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

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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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

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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Parker Place Apartments
Studio to 3 Bedroom Apartments

Parker Place Apartments

1401 Parker RdRussellville, AR 72801
  • Utilities Included

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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Peaks at Hot Springs
1 to 3 Bedroom Apartments

Peaks at Hot Springs

431 Lake Hamilton DrHot Springs National Park, AR 71913
  • Utilities Included
Showing Results 1-31, Page 1 of 1

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 Studio unit found at The Orchard priced from $525. Forest Oaks Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $630. Here is today’s list of the most affordable Pencil Bluff apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The OrchardStudioStudio,1BA$525
Forest Oaks Apartments1bd1BR,1BA$630
Shadow LakeStandard1BR,1BA$695
The Dels – RussellvilleStudioStudio,1BA$700
Grand Point Bay Apartments1 Bedroom1BR,1BA$715
Spring Lake I/IIStandard Phase I1BR,1BA$725
Village Meadows9801 Meandering Way- Exceptional Quality2BR,1BA$775
Higdon Ferry ApartmentsLarge 1 Bedroom Apartment Home1BR,1BA$780
Marina Apartments2 Bedroom, 2 Bathroom- B plan2BR,2BA$795
Remington Apartments2x22BR,2BA$800

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

As of November 30, 2025 the best value apartment in the Pencil Bluff area is the $0.91 price per square foot 3 Bed 2 Bath Duplex + Garage Model at Chanel Place in the in the Fort Smith Eastside neighborhood starting from $1,365. The second greatest value Pencil Bluff apartment is the 2 Bed 2 Bath 2 Car Garage Model at Willowbrook Duplexes starting at $1,199 with a $0.89 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.
Chanel Place3 Bed 2 Bath Duplex + Garage3BR,2BA$0.91
Willowbrook Duplexes2 Bed 2 Bath 2 Car Garage2BR,2BA$0.89
125 Oak Street apartments2 bed 1 bath2BR,1BA$0.96
Indiandale Apartments2.2L R2BR,2BA$0.92
Glen Oaks2 Bedrooms Availble Now!2BR,2BA$0.92
Harbortown Apartments2.2C2BR,2BA$0.95
Remington Apartments2x22BR,2BA$0.85
Marina Apartments2 Bedroom, 2 Bathroom- B plan2BR,2BA$0.86
Village Meadows9801 Meandering Way- Exceptional Quality2BR,1BA$0.91
Forest Oaks Apartments1bd1BR,1BA$0.89

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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 $630 at Forest Oaks 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 $745 at Shadow Lake.

What is the most affordable Pencil Bluff Three Bedroom Apartment?

The best deal on a cheap Pencil Bluff Three Bedroom Apartment rental is at Indiandale Apartments and starts from $995.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.