Cheap Homes for Rent in Pencil Bluff, AR from $700 (15 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes 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.

Read Article

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.

Read Article

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.

Read Article
Showing Results 1-15, 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

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

As of July 26, 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

Quick 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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Pencil Bluff

What type of rentals are currently available in Pencil Bluff?

There are currently 45 Apartments for Rent in Pencil Bluff, AR with pricing that ranges from $525 to $2,500. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pencil Bluff ranging from $700 to $2,600.

What is the current price range for Rental Homes in Pencil Bluff?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Pencil Bluff ranges from $700 to $2,600 with an average monthly rent of $1,547.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

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

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.