Cheap Homes for Rent in Lake City, AR from $600 (9 Rentals)

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Search the lowest-cost Homes available for rent right now in Lake City.

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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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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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Lake City, AR Local Guide

Cheapest Available Lake City Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake City, AR is a Studio unit found at Cedar Manor Apartments in the Downtown Jonesboro neighborhood priced from $575. Capri has the second lowest priced unit, which is a 1 Bed apartment currently listed from $595. Here is today’s list of the most affordable Lake City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cedar Manor ApartmentsStudioStudio,1BA$575
CapriCopper1BR,1BA$595
SilverwoodStandard1BR,1BA$640

Best Value Apartments for Rent in Lake City, AR and Nearby

As of May 11, 2025 the best value apartment in the Lake City area is the $0.71 price per square foot 2 Bed 1.5 Bath - Morganne Dr Model at The Oak Townhomes in the starting from $850. The second greatest value Lake City apartment is the Two Bedroom Townhome Model at Deerfield Crossing starting at $1,250 with a $1.09 price per square foot . Here is today’s list of the best values for Lake City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Oak Townhomes2 Bed 1.5 Bath - Morganne Dr2BR,1.5BA$0.71
Deerfield CrossingTwo Bedroom Townhome2BR,2BA$1.09
DLP JonesboroB2P2BR,1BA$1.08
Fox Run Apartments- Utilities Included!THE HIDDEN GEM2BR,1BA$1.01
Sundance Townhomes2 Bed /1.5 Bath2BR,1.5BA$1.15
Caraway CommonsOne Bedroom1BR,1BA$1.04
Courtyard @ The Corner2x1 Platinum2BR,1BA$1.05
Grand Oak Place2x12BR,1BA$1.12
Carriage House ApartmentsTop Floor "Vaulted" 1 Bed 1 Bath1BR,1BA$1.22
Cedar Manor ApartmentsStudioStudio ,1BA$1.20

Quick Rent Budget Calculator

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Frequently Asked Questions about Lake City

What type of rentals are currently available in Lake City?

There are currently 38 Apartments for Rent in Lake City, AR with pricing that ranges from $575 to $2,100. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake City ranging from $600 to $3,250.

What is the current price range for Rental Homes in Lake City?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake City ranges from $600 to $3,250 with an average monthly rent of $1,452.

How much are larger Three and Four Bedroom Rentals in Lake City?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake City range from $840 to $2,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $3,250. Four Bedroom Single-Family rentals are also available starting from $1,595 and Four Bedroom Apartments start at $1,850.

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.

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.

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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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

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.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.