Cheap Apartments for Rent in Pencil Bluff, AR from $500 (25 Rentals)

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

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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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.

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Ouachita Commons
Studio Apartments

Ouachita Commons

150 Valley StCaddo Valley, AR 71923
  • Utilities Included
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Parker Place Apartments
Studio to 3 Bedroom Apartments

Parker Place Apartments

1401 Parker RdRussellville, AR 72801
  • Utilities Included

Navigating 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.

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Peaks at Hot Springs
2 Bedroom Apartments

Peaks at Hot Springs

431 Lake Hamilton DrHot Springs National Park, AR 71913
  • Utilities Included
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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 Studio unit found at The Orchard priced from $525. Village Meadows Apartments in the Massard neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Pencil Bluff apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The OrchardStudioStudio,1BA$525
Village Meadows Apartments1 Bed 1 Bath1BR,1BA$600
Indiandale Apartments1.1S1BR,1BA$675
Shadow LakeStandard1BR,1BA$680
Spring Lake I/IIStandard Phase I1BR,1BA$720

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

As of June 09, 2025 the best value apartment in the Pencil Bluff area is the $1.00 price per square foot 3 Bed 2.5 Bath (two story) Model at Haven at Chaffee Crossing in the in the Fort Smith Eastside neighborhood starting from $1,649. The second greatest value Pencil Bluff apartment is the 3Bed2Bath Model at 1203 Marion Anderson Rd starting at $1,500 with a $1.00 price per square foot . 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.
Haven at Chaffee Crossing3 Bed 2.5 Bath (two story)3BR,2.5BA$1.00
1203 Marion Anderson Rd3Bed2Bath3BR,2BA$1.00
Abbington at Chaffee CrossingLayout 3-8916 Cambria Circle, Unit A3BR,2BA$1.07
Willowbrook Duplexes2 Bed 2 Bath 2 Car Garage2BR,2BA$0.89
Brookstone Place TownhousesTownhome2BR,1.5BA$1.02
Grand Point Bay Apartments2 Bedroom2BR,1.5BA$0.80
Glen Oaks2 Bed, 2 Bath (REHAB)2BR,2BA$0.92
Harbortown Apartments2 Bedroom, 2 Bath2BR,2BA$0.95
Village Meadows Apartments2 Bed 1 Bath2BR,1BA$0.91
The OrchardStudioStudio ,1BA$1.05

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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 $600 at Village Meadows 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 $730 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 Village Square Apartment and starts from $975.

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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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.