Cheap Apartments for Rent in Pencil Bluff, AR from $500 (23 Rentals)

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

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Ouachita Commons
Studio Apartments

Ouachita Commons

150 Valley StCaddo Valley, AR 71923
  • Utilities Included
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Parker Place Apartments
Studio to 3 Bedroom Apartments

Parker Place Apartments

1401 Parker RdRussellville, AR 72801
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Peaks at Hot Springs
2 Bedroom Apartments

Peaks at Hot Springs

431 Lake Hamilton DrHot Springs National Park, AR 71913
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Showing Results 1-23, 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 Village Meadows Apartments in the Massard neighborhood priced from $600. Indiandale Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Pencil Bluff apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Village Meadows Apartments1 Bed 1 Bath1BR,1BA$600
Indiandale Apartments1.1S R1BR,1BA$675
Shadow LakeStandard1BR,1BA$680
Grand Point Bay Apartments1 Bedroom1BR,1BA$695
Spring Lake I/IIStandard Phase I1BR,1BA$720

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

As of April 16, 2025 the best value apartment in the Pencil Bluff area is the $1.00 price per square foot 3Bed2Bath Model at 1203 Marion Anderson Rd in the starting from $1,500. The second greatest value Pencil Bluff apartment is the 3 Bd House Model at Wyndchase Homes starting at $1,450 with a $0.99 price per square foot in the Massard 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.
1203 Marion Anderson Rd3Bed2Bath3BR,2BA$1.00
Wyndchase Homes3 Bd House3BR,2BA$0.99
Abbington at Chaffee CrossingLayout 3-8916 Cambria Circle, Unit A3BR,2BA$1.07
Willowbrook Duplexes2 Bed 2 Bath 2 Car Garage2BR,2BA$0.89
Brookstone Place TownhousesTonwhomes2BR,1.5BA$1.07
Glen Oaks2 Bed, 2 Bath (REHAB)2BR,2BA$0.87
Harbortown Apartments2.22BR,2BA$0.95
Village Meadows Apartments2 Bed 1 Bath2BR,1BA$0.91
Shire PointeOne Bed1BR,1BA$1.09
Grand Point Bay Apartments1 Bedroom1BR,1BA$1.07

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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 Prairie at Chaffee Crossing listed at $850.

How much is rent for a Cheap One Bedroom Pencil Bluff Apartment?

The lowest price for a Cheap One Bedroom Pencil Bluff Apartment is $600 at Village Meadows Apartments.

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 $730 at Shadow Lake.

What is the most affordable Pencil Bluff Three Bedroom Apartment?

The best deal on a cheap Pencil Bluff Three Bedroom Apartment rental is at Village Square Apartment and starts from $975.

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.

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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.

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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.