Cheap Apartments for Rent in Pencil Bluff, AR from $500 (26 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
Showing Results 1-26, 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 1 Bed unit found at Marina Apartments in the Massard neighborhood priced from $675. Shadow Lake has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Pencil Bluff apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Marina Apartments1 Bedroom, 1 Bathroom1BR,1BA$675
Shadow LakeStandard1BR,1BA$695
Spring Lake I/IIStandard Phase I1BR,1BA$725
Village Square Apartment1 Bed 1 Bath1BR,1BA$775
Higdon Ferry ApartmentsLarge 1 Bedroom Apartment Home1BR,1BA$780
Indiandale Apartments2.2 R2BR,2BA$800
Village Meadows9801 Meandering Way- Exceptional Quality2BR,1BA$825
Prairie at Chaffee CrossingHomestead- StudioStudio,1BA$850
Shire PointeOne Bed1BR,1BA$850
Chapel Ridge of Hot Springs1/11BR,1BA$850

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

As of July 25, 2025 the best value apartment in the Pencil Bluff area is the $1.00 price per square foot 3Bed2Bath Model at Earl’s Point Condominiums in the starting from $1,500. The second greatest value Pencil Bluff apartment is the 3 Bed 2 Bath Duplex + Garage Model at Chanel Place starting at $1,445 with a $0.96 price per square foot in the Fort Smith Eastside 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$1.00
Chanel Place3 Bed 2 Bath Duplex + Garage3BR,2BA$0.96
Willowbrook Duplexes2 Bed 2 Bath 2 Car Garage2BR,2BA$0.89
125 Oak Street apartments1 bed 1 bath1BR,1BA$1.05
Glen Oaks2 Bedrooms Availble Now!2BR,2BA$0.92
Harbortown Apartments2 Bedroom, 2 Bath2BR,2BA$0.95
Village Meadows9801 Meandering Way- Exceptional Quality2BR,1BA$0.97
Indiandale Apartments2.2 R2BR,2BA$0.95
Shire PointeOne Bed1BR,1BA$1.09
Marina Apartments1 Bedroom, 1 Bathroom1BR,1BA$0.95

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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 Prairie at Chaffee Crossing listed at $850.

How much is rent for a Cheap One Bedroom Pencil Bluff Apartment?

The lowest price for a Cheap One Bedroom Pencil Bluff Apartment is $675 at Marina 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 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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.