Cheap Apartments for Rent near Proctor, AR from $700 (50 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The Chisca
Rent Specials
$947 - $2,913
Total Monthly Price

Total Monthly Price

Base Rent
$947 - $2,913
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Chisca

272 S Main StMemphis, TN 38103
Corporate Housing
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  • Customer Reviewed
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Lofts at Union Alley
$1,039 - $2,521
Total Monthly Price

Total Monthly Price

Base Rent
$1,039 - $2,521
Total Monthly Price
$1,039 - $2,521
Studio to 1 Bedroom Apartments Available Now

Lofts at Union Alley

110 Barboro AlyMemphis, TN 38103
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Annex Lofts
1 to 2 Bedroom Apartments

Annex Lofts

345 S Front StMemphis, TN 38103

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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50 Peabody Place
Studio to 2 Bedroom Apartments

50 Peabody Place

50 Peabody PlMemphis, TN 38103

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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Proctor, AR Local Guide

Cheapest Available Proctor Apartments for Rent and Nearby

 

The cheapest available apartment rental in Proctor, AR is a 1 Bed unit found at Wesley Forest in the South Memphis neighborhood priced from $700. New Frontier in the Crittenden County neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here is today’s list of the most affordable Proctor apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Wesley Forest1x1Wesley Forest1BR,1BA$700
New FrontierStudioStudio,1BA$725
Weaver Fields ApartmentsOne1BR,1BA$725
Riverbend Apartments1x11BR,1BA$750
Owens Place Townhomes1 Bed Flat1BR,1BA$760
Barton Court Apartments2 Bed2BR,1BA$800
Museum LoftsThe Rock-n-Soul1BR,1BA$895
Meadows West Memphis2 bedroom/2 bath2BR,2BA$900
Greenways at MarionThe Fairway (Classic)2BR,1BA$940
266 LoftsA1 Phase II1BR,1BA$950

Best Value Apartments for Rent in Proctor, AR and Nearby

As of August 24, 2026 the best value apartment in the Proctor area is the $1.05 price per square foot 2 Bedroom Model at The Marine Residence in the in the South Memphis neighborhood starting from $1,595. The second greatest value Proctor apartment is the 2 Bedroom, 2 Bathroom Model at Weatherstone Apartments starting at $1,310 with a $1.11 price per square foot in the DeSoto County neighborhood. Here is today’s list of the best values for Proctor apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Marine Residence2 Bedroom2BR,2BA$1.05
Weatherstone Apartments2 Bedroom, 2 Bathroom2BR,2BA$1.11
Barton Court Apartments2 Bed2BR,1BA$0.76
South Main Artspace Lofts1 Bedroom1BR,1BA$1.02
Meadows West Memphis2 bedroom/2 bath2BR,2BA$0.99
New Frontier2 Bedroom2BR,1BA$1.06
Weaver Fields ApartmentsOne1BR,1BA$0.94
Riverbend Apartments1x11BR,1BA$1.07
Owens Place Townhomes1 Bed Flat1BR,1BA$1.10
Wesley Forest1x1Wesley Forest1BR,1BA$1.06

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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!

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Frequently Asked Questions about Cheap Proctor Apartments

What is the Cheapest Studio apartment in Proctor?

Currently the most affordable Cheap Studio Apartment in Proctor is at New Frontier listed at $725.

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

The lowest price for a Cheap One Bedroom Proctor Apartment is $700 at Wesley Forest.

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

Today's best deal for a Cheap Two Bedroom Apartment in Proctor is starting from $795 at Riverbend Apartments.

What is the most affordable Proctor Three Bedroom Apartment?

The best deal on a cheap Proctor Three Bedroom Apartment rental is at Wesley Forest and starts from $950.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.