Cheap Apartments for Rent in Pencil Bluff, AR from $300 (48 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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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

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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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 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 ListingModel NameBed/BathPriced From
River Valley FlatsOne Bedroom w/Private Bathroom in 4BR Flat - LI...1BR,1BA$375
Village Meadows9801 Meandering Way- Exceptional Quality2BR,1BA$400
The OrchardStudioStudio,1BA$525
The Dels - RussellvilleStudioStudio,1BA$525
Cumberland Square Apartments1BR/1BA1BR,1BA$650
Forest Oaks Apartments1bd1BR,1BA$680
Shadow LakeStandard1BR,1BA$695
Winchester Estates ApartmentsRemodeled 2 bedroom 1 bath2BR,1BA$700
Indiandale Apartments1.1S1BR,1BA$725
Spring Lake I/IIStandard Phase I1BR,1BA$725

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

As of May 30, 2026 the best value apartment in the Pencil Bluff area is the $1.03 price per square foot 3 bed 2 bath Model at 125 Oak Street apartments in the starting from $1,850. The second greatest value Pencil Bluff apartment is the 3Bed2Bath Model at Earl’s Point Condominiums starting at $1,325 with a $0.91 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.
125 Oak Street apartments3 bed 2 bath3BR,2BA$1.03
Earl’s Point Condominiums3Bed2Bath3BR,2BA$0.91
Willowbrook Duplexes12343BR,2BA$0.96
Glen Oaks Apartments2 Bed, 2 Bath (REHAB)2BR,2BA$0.92
Harbortown Apartments2.22BR,2BA$0.95
Marina Apartments2 Bedroom, 1.5 Bath- B Plan Upstairs2BR,1.5BA$0.90
Winchester Estates ApartmentsRemodeled 2 bedroom 1 bath2BR,1BA$0.82
Village Meadows2.12BR,1BA$0.94
Ashley Kate Apartments2BR/1BA2BR,1BA$1.01
Forest Oaks Apartments1bd1BR,1BA$0.96

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

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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 $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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.