Cheap Apartments for Rent in Proctor, AR from $500 (54 Rentals)

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

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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The Landing Residences
Rent Specials
$1,073 - $6,253
Total Monthly Price

Total Monthly Price

Base Rent
$1,015 - $6,195
Required Monthly Fees
$58
Total Monthly Price
$1,073 - $6,253
Studio to 2 Bedroom Apartments Available Now

The Landing Residences

1 Dr Martin Luther King Jr AveMemphis, TN 38103
Student Housing
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  • Customer Reviewed
  • 3D Tour
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Downtown Memphis Flats
Rent Specials
$1,175 - $1,650
Total Monthly Price

Total Monthly Price

Base Rent
$1,155 - $1,630
Required Monthly Fees
$20
Total Monthly Price
$1,175 - $1,650
1 to 2 Bedroom Apartments Contact Us For Availability

Downtown Memphis Flats

100 Gayoso AveMemphis, TN 38103
Student Housing
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  • Utilities Included
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The Trace at 161
$1,245 - $1,575
Total Monthly Price

Total Monthly Price

Base Rent
$1,219 - $1,549
Required Monthly Fees
$26
Total Monthly Price
$1,245 - $1,575
1 to 3 Bedroom Apartments Available Now

The Trace at 161

6800 Highway 161Walls, MS 38680
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  • Customer Reviewed
  • Low Income
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The Oliver Luxury Apartments
Rent Specials
$1,285 - $3,440
Total Monthly Price

Total Monthly Price

Base Rent
$1,153 - $3,308
Required Monthly Fees
$132
Total Monthly Price
$1,285 - $3,440
Studio to 3 Bedroom Apartments Available Now

The Oliver Luxury Apartments

7 Vance AveMemphis, TN 38103
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Metro67
Rent Specials
$1,299 - $3,553
Total Monthly Price

Total Monthly Price

Base Rent
$999 - $3,253
Required Monthly Fees
$300
Total Monthly Price
$1,299 - $3,553
Studio to 3 Bedroom Apartments Available Now

Metro67

67 Madison AveMemphis, TN 38103
Furnished
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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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Annex Lofts
1 to 2 Bedroom Apartments

Annex Lofts

345 S Front StMemphis, TN 38103

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 Weaver Fields Apartments in the South Memphis neighborhood priced from $725. Printer's Alley Lofts in the Downtown Memphis neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Proctor apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Weaver Fields ApartmentsOne1BR,1BA$725
Printer's Alley LoftsPAL-A21BR,1BA$750
Owens Place Townhomes1 Bed Flat1BR,1BA$760
Barton Court Apartments2 Bed2BR,1BA$800
Greenways at MarionThe Mulligan1BR,1BA$840
Lofts at Union AlleyE2Studio,1BA$920
The ChiscaA1r1BR,1BA$927
280 Vance Flats1 Bedroom 1 Bath Unit 1A (ADA)1BR,1BA$950
The Crossings at Tunica2x2 Classic2BR,2BA$969
South Junction ApartmentsThe EdgeStudio,1BA$999

Best Value Apartments for Rent in Proctor, AR and Nearby

As of March 21, 2026 the best value apartment in the Proctor area is the $1.09 price per square foot 2 Bedroom Model at The Marine Residence in the in the South Memphis neighborhood starting from $1,653. The second greatest value Proctor 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 Proctor apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Marine Residence2 Bedroom2BR,2BA$1.09
Weatherstone Apartments3 Bedroom, 2 Bathroom3BR,2BA$1.08
The Trace at 1613 Bedroom3BR,2BA$1.11
Jackson Heights ResidentialRanch4BR,2BA$0.94
The Crescent at 161Renovated 2 Bedroom 2 Bath2BR,2BA$1.29
Meadows West Memphis3 bedroom/2 bath3BR,2BA$0.95
Barton Court Apartments2 Bed2BR,1BA$0.76
The Crossings at Tunica2x2 Platinum2BR,2BA$1.20
Weaver Fields ApartmentsOne1BR,1BA$0.94
Owens Place Townhomes1 Bed Flat1BR,1BA$1.10

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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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.

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

Explore Proctor, AR Rentals by Map

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See the most popular apartments and homes in Proctor, AR

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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 Lofts at Union Alley listed at $920.

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

The lowest price for a Cheap One Bedroom Proctor Apartment is $725 at Weaver Fields Apartments.

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 $800 at Barton Court Apartments.

What is the most affordable Proctor Three Bedroom Apartment?

The best deal on a cheap Proctor Three Bedroom Apartment rental is at Meadows West Memphis and starts from $1,000.

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 Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.