Cheap Homes for Rent in Lonoke, AR from $500 (11 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 Lonoke.

Lonoke, AR Local Guide

Cheapest Available Lonoke Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lonoke, 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 $699. Here is today’s list of the most affordable Lonoke apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stonewall Apartments1BR/1BH (POS)1BR,1BA$500
Icon LakewoodStudioStudio,1BA$699
Timbers at Lakewood0 Bedroom 1 BathroomStudio,1BA$700
Village Square of Jacksonville1 Bedroom1BR,1BA$710
The Cove at 300One Bedroom Renovated1BR,1BA$750

Best Value Apartments for Rent in Lonoke, AR and Nearby

As of April 16, 2025 the best value apartment in the Lonoke area is the $1.15 price per square foot Four Bedroom Model at Fairfax Crossing in the in the South Little Rock neighborhood starting from $1,530. The second greatest value Lonoke 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 Lonoke apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fairfax CrossingFour Bedroom4BR,2BA$1.15
The Retreat at Sherwood2 Bedroom - 11752BR,2BA$1.00
Steeplechase ApartmentsPremium 2 Bedroom Apartment Home2BR,2BA$1.02
Village Square of Cabot2 Bedroom/1 Bath2BR,1BA$1.10
The Grove on Brockington1 bed 1 bath1BR,1BA$0.97
7 Zero 6 Apartments1 Bed 1 Bath1BR,1BA$1.23
Foothills Apartments3A1BR,1BA$1.30
The Cove at 300One Bedroom Renovated1BR,1BA$1.08
Village Square of Jacksonville1 Bedroom1BR,1BA$1.06
Stonewall Apartments1BR/1BH (POS)1BR,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 Lonoke

What type of rentals are currently available in Lonoke?

There are currently 44 Apartments for Rent in Lonoke, AR with pricing that ranges from $500 to $3,765. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lonoke ranging from $550 to $84,900.

What is the current price range for Rental Homes in Lonoke?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lonoke ranges from $550 to $84,900 with an average monthly rent of $3,672.

How much are larger Three and Four Bedroom Rentals in Lonoke?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lonoke range from $850 to $3,765, while Three Bedroom Homes, Condos, and Townhomes for rent range from $825 to $1,995. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $1,050.

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

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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords & Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords & Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.