
Cheap Apartments for Rent in Pencil Bluff, AR from $300 (55 Rentals)
Search the lowest-cost Apartments available for rent right now in Pencil Bluff.


River Valley Flats

Village Meadows

The Orchard

Russellville

Indiandale Apartments

Parker Place Apartments

Cumberland Square Apartments

Woodbrook Apartments I & II

Shadow Lake
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.

Grand Point Bay Apartments

Spring Lake I/II

Marina Apartments

Forest Oaks Apartments

Village Square Apartment

Remington Apartments

Higdon Ferry Apartments

Glen Oaks Apartments

Chapel Ridge of Hot Springs

Ashley Kate Apartments
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.

Ridgewood

Shire Pointe

Prairie at Chaffee Crossing

Earl’s Point Condominiums

Somerset Apartments

Harbortown Apartments

125 Oak Street apartments

Forrest Hills Apartments

The Reserve at Chaffee Crossing Apartment Homes & Townhomes

The Balconies at Heritage 7401
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 Balconies at Heritage 7331

Village Square of Hot Springs

Urban Loft Co.Russellville

The Pointe! at Hot Springs

Ridge at Lake Hamilton

88 Chaffee Crossing

2205 Loretta Parker Ln

127 Andoe St

Brookstone Place Townhouses

Total Monthly Price
Willowbrook Duplexes
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.

Ouachita Commons

849 Elm Street Waldron AR

314 Hagen St

1903 Cordie Dr

Peaks at Hot Springs

201 Rector St

2025 Old Dallas Rd

427 Bower St

339 Cedar St

16 Dulzura Ln
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 | $791 | $525 | $1,400 |
| Pencil Bluff 1 Bedroom Apartments | $954 | $375 | $1,555 |
| Pencil Bluff 2 Bedroom Apartments | $1,014 | $400 | $1,795 |
| Pencil Bluff 3 Bedroom Apartments | $1,691 | $925 | $2,495 |
Browse Top Apartments in Pencil Bluff
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Pencil Bluff, AR Local Guide
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Cheapest Available Pencil Bluff Apartments for Rent and Nearby
 The cheapest available apartment rental in Pencil Bluff, AR is a 1 Bed unit found at River Valley Flats priced from $375. Village Meadows in the Massard neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $400. Here is today’s list of the most affordable Pencil Bluff apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| River Valley Flats | One Bedroom w/Private Bathroom in 4BR Flat | 1BR,1BA | $375 |
| Village Meadows | 9801 Meandering Way- Exceptional Quality | 2BR,1BA | $400 |
| Cumberland Square Apartments | 1BR/1BA | 1BR,1BA | $650 |
| Indiandale Apartments | 1.1S | 1BR,1BA | $675 |
| Shadow Lake | Standard | 1BR,1BA | $695 |
| Woodbrook Apartments I & II | 1 bedroom | 1BR,1BA | $695 |
| Spring Lake I/II | Standard Phase I | 1BR,1BA | $725 |
| Forest Oaks Apartments | 2bd | 2BR,1BA | $795 |
| Remington Apartments | 2x2 | 2BR,2BA | $800 |
| Higdon Ferry Apartments | Large 1 Bedroom Apartment Home | 1BR,1BA | $805 |
Best Value Apartments for Rent in Pencil Bluff, AR and Nearby
As of April 15, 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 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Earl’s Point Condominiums | 3Bed2Bath | 3BR,2BA | $0.91 |
| Willowbrook Duplexes | 2 Bed 2 Bath 2 Car Garage | 2BR,2BA | $0.89 |
| Glen Oaks Apartments | 2 Bed, 2 Bath | 2BR,2BA | $0.92 |
| Harbortown Apartments | 2.2 | 2BR,2BA | $0.95 |
| Remington Apartments | 2x2 | 2BR,2BA | $0.85 |
| Chapel Ridge of Hot Springs | 2/2 | 2BR,2BA | $1.04 |
| Forest Oaks Apartments | 2bd | 2BR,1.5BA | $0.86 |
| Village Meadows | 9801 Meandering Way- Exceptional Quality | 2BR,1BA | $0.47 |
| Ashley Kate Apartments | 2BR/1BA | 2BR,1BA | $1.01 |
| Cumberland Square Apartments | 1BR/1BA | 1BR,1BA | $1.03 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.