Cheap Apartments for Rent in Palestine, AR from $400 (55 Rentals)

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Alcott Manor
1 to 3 Bedroom Apartments

Alcott Manor

7923 Highway 70 WPalestine, AR 72372
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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New Frontier
Studio to 2 Bedroom Apartments

New Frontier

115 S 20th StWest Memphis, AR 72301
Student Housing
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Chapel Place Homes
3 to 4 Bedroom Apartments

Chapel Place Homes

5228 Whistling Duck DrMemphis, TN 38109

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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Palestine, AR Local Guide

Cheapest Available Palestine Apartments for Rent and Nearby

 

The cheapest available apartment rental in Palestine, AR is a 2 Beds unit found at Vantage Point Apartments - Carriage House priced from $650. Wesley Forest in the South Memphis neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Palestine apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Vantage Point Apartments - Carriage HousePark View2BR,2BA$650
Wesley Forest1x1Wesley Forest1BR,1BA$700
Weaver Fields ApartmentsOne1BR,1BA$725
Greenway Apartments1 Beds, 1 Baths1BR,1BA$780
Barton Court Apartments2 Bed2BR,1BA$800
Greenways at MarionThe Mulligan1BR,1BA$840
Bent Creek Apartments2 Bedroom2BR,1BA$850
The EllingtonEleanorStudio,1BA$900
The Lexington1 Bed 1 Bath Renovated1BR,1BA$952
South Junction ApartmentsThe EdgeStudio,1BA$999

Best Value Apartments for Rent in Palestine, AR and Nearby

As of April 26, 2026 the best value apartment in the Palestine area is the $1.12 price per square foot 2 Bedroom Model at The Marine Residence in the in the South Memphis neighborhood starting from $1,705. The second greatest value Palestine apartment is the 3 Bedroom, 2 Bathroom Model at Weatherstone Apartments starting at $1,599 with a $1.08 price per square foot in the McKeller neighborhood. Here is today’s list of the best values for Palestine apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Marine Residence2 Bedroom2BR,2BA$1.12
Weatherstone Apartments3 Bedroom, 2 Bathroom3BR,2BA$1.08
Meadows West Memphis3 bedroom/2 bath3BR,2BA$0.95
Barton Court Apartments2 Bed2BR,1BA$0.76
Lakeside Vintage2 Bedroom 2 Bath2BR,2BA$0.98
Bent Creek Apartments2 Bedroom2BR,1BA$0.94
Vantage Point Apartments - Carriage HouseVantage Point2BR,2BA$1.00
Weaver Fields ApartmentsOne1BR,1BA$0.94
Greenway Apartments1 Beds, 1 Baths1BR,1BA$1.11
Wesley Forest1x1Wesley Forest1BR,1BA$1.06

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Palestine, AR Rentals by Map

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Frequently Asked Questions about Cheap Palestine Apartments

What is the Cheapest Studio apartment in Palestine?

Currently the most affordable Cheap Studio Apartment in Palestine is at The Ellington listed at $900.

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

The lowest price for a Cheap One Bedroom Palestine Apartment is $650 at Vantage Point Apartments - Carriage House.

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

Today's best deal for a Cheap Two Bedroom Apartment in Palestine is starting from $650 at Vantage Point Apartments - Carriage House.

What is the most affordable Palestine Three Bedroom Apartment?

The best deal on a cheap Palestine Three Bedroom Apartment rental is at Vantage Point Apartments - Carriage House and starts from $895.

Expert Rental Resources

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.

Articles, How-To's, and Tips

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.