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Apartments for Rent in Arkansas under $500

Apartments for Rent in Arkansas under $500. 28 Rentals Available
28 Rentals Available
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  • Only 1 unit left
    1 bd $450
    Base rent
    Verified Listing

    732 North Izard, Forrest City, AR 72335
    Apply online
  • 24 units available
    2 bd $405+
    3 bd $430+
    Base rent Income restricted
    Verified Listing

    202 S 24Th Street, Rogers, AR 72758
    Apply online • Dishwasher • Air conditioner
  • Studio $500+
    Base rent
    Verified Listing

    4.5 (9)
    880 S Gentry Blvd. PO BOX 999, Gentry, AR 72734-099
  • Studio $375
    Base rent
    Verified Listing

    4.5 (9)
    1401 Malvern Ave, Hot Springs, AR 71901
    Pet friendly
  • 1 bd $400
    Base rent
    Verified Listing

    PO BOX 999, Gentry, AR 72734
5-0-state
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Frequently asked questions

When were prices and availability in Arkansas last updated?

Prices and availability in Arkansas were last updated on 12 Jul 2026.

What are the best apartments in Arkansas?
What type of rental buildings are in Arkansas?

In Arkansas, 34% of the residents are renting compared to 66% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 5% of Arkansas's rentals, 46% are small-scale complexes with under 50 units, and 40% are single-family rentals.

Your search for apartments in Arkansas under $500 stops here

Finding apartments for rent in Arkansas for less than $500 has never been so easy! At RentCafe nice cheap apartments are just one click away. There are currently 28 available units in Arkansas, renting for under $500. On average, $547 can get you 541 Sqft in this area. Be sure to search for the apartment that is best for you. Under “More”, check the amenities that you consider a must-have, and don’t forget to look at the pet policy. Fitness enthusiasts can even check the Fitness Center box. Whether you are looking for studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, you are sure to find one that will make you want to move in right away.

We’ll help you find the best rental near you

Having to compromise on either price or location can turn your “apartments near me under $500” search into a nightmare. At RentCafe we recognize the importance of both. Therefore, we offer a variety of filters that can help you find exactly what you want. Sorting the results by rent, ascending, will make the cheapest units show up first on the list. Try it out! You will find that right now the cheapest apartment under $500 in Arkansas goes for $375 per month. If some of the results are outside the area of your choice, you can go to the left side of the screen and draw a radius or a polygon around your location. Now you will only see results that are relevant to you.