Cheap Apartments for Rent in Austin, AR from $500 (45 Rentals)

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

property at 300.5 N 2nd St

300.5 N 2nd St

AustinAR72007
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Orchards at Cabot
1 to 2 Bedroom Apartments

Orchards at Cabot

555 E Mountain Springs RdCabot, AR 72023
Senior Living
  • Utilities Included
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The Cove at 300
1 to 2 Bedroom Apartments

The Cove at 300

300 Indianhead DrSherwood, AR 72120
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Timberwood Apartments
1 to 3 Bedroom Apartments

Timberwood Apartments

207 S Hospital BlvdJacksonville, AR 72076
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Showing Results 1-45, Page 1 of 1

Austin, AR Local Guide

Cheapest Available Austin Apartments for Rent

 

The cheapest available apartment rental in Austin, AR is a 1 Bed unit found at Stonewall Apartments in the Little Rock Air Force Base neighborhood priced from $500. Icon Lakewood has the second lowest priced unit, which is a Studio apartment currently listed from $659. Here is today’s list of the most affordable Austin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stonewall Apartments1BR/1BH (POS)1BR,1BA$500
Icon LakewoodStudioStudio,1BA$659
Village Square of Jacksonville1 Bedroom1BR,1BA$710
West Towne Apartments2 Bed2BR,1BA$725
The Retreat at Sherwood1 Bedroom1BR,1BA$799
The Links at SherwoodCustom1BR,1BA$800
Summit at Valley Heights1X1S - 1 Bedroom1BR,1BA$810
Fairfax CrossingOne Bedroom1BR,1BA$825
Woodland Terrace1 Bed Large Classic1BR,1BA$830
The Grove on Brockington1 bed 1 bath1BR,1BA$850

Best Value Apartments for Rent in Austin, AR

As of March 26, 2025 the best value apartment in the Austin area is the $1.14 price per square foot Versailles 3 bedroom 2 bathroom Model at The Versailles Apartment Homes in the starting from $1,600. The second greatest value Austin apartment is the 2 Bedroom - 1175 Model at The Retreat at Sherwood starting at $1,175 with a $1.00 price per square foot in the Jacksonville Sherwood neighborhood. Here is today’s list of the best values for Austin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Versailles Apartment HomesVersailles 3 bedroom 2 bathroom3BR,2BA$1.14
The Retreat at Sherwood2 Bedroom - 11752BR,2BA$1.00
Steeplechase ApartmentsPremium 2 Bedroom Apartment Home2BR,2BA$1.02
West Towne Apartments2 Bed2BR,1.5BA$0.78
The Grove on Brockington1 bed 1 bath1BR,1BA$0.97
Woodland Terrace1 Bed Large Classic1BR,1BA$0.98
Parkside1 bedroom1BR,1BA$1.10
Fairfax CrossingOne Bedroom1BR,1BA$1.23
Village Square of Jacksonville1 Bedroom1BR,1BA$1.06
Stonewall Apartments1BR/1BH (POS)1BR,1BA$0.95

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Getting Around Austin, AR

Walk Score®

6 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

22 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Austin Apartments

What is the Cheapest Studio apartment in Austin?

Currently the most affordable Cheap Studio Apartment in Austin is at Icon Lakewood listed at $659.

How much is rent for a Cheap One Bedroom Austin Apartment?

The lowest price for a Cheap One Bedroom Austin Apartment is $500 at Stonewall Apartments.

What is the lowest price for a Cheap Two Bedroom Austin Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Austin is starting from $635 at Stonewall Apartments.

What is the most affordable Austin Three Bedroom Apartment?

The best deal on a cheap Austin Three Bedroom Apartment rental is at Stonewall Apartments and starts from $850.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.