Cheap Apartments for Rent in Proctor, AR from $500 (62 Rentals)

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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
$947 - $2,913
Studio to 3 Bedroom Apartments Available Now

The Chisca

272 S Main StMemphis, TN 38103
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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The Marine Residence
Rent Specials
$1,230 - $2,830
Total Monthly Price

Total Monthly Price

Base Rent
$1,230 - $2,830
Total Monthly Price
$1,230 - $2,830
1 to 2 Bedroom Apartments Available Now

The Marine Residence

360 Metal Museum DrMemphis, TN 38106
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included
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New Frontier
Studio to 2 Bedroom Apartments

New Frontier

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

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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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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Annex Lofts
1 to 2 Bedroom Apartments

Annex Lofts

345 S Front StMemphis, TN 38103

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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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. Weaver Fields Apartments in the South Memphis neighborhood has the second lowest priced unit, which is a 1 Bed 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
Weaver Fields ApartmentsOne1BR,1BA$725
Owens Place Townhomes1 Bed Flat1BR,1BA$760
Greenways at MarionThe Mulligan1BR,1BA$790
Barton Court Apartments2 Bed2BR,1BA$800
Bent Creek Apartments2 Bedroom2BR,1BA$850
280 Vance Flats1 Bedroom 1 Bath Unit 1A (ADA)1BR,1BA$950
South Junction ApartmentsThe EdgeStudio,1BA$999
South Line at Central StationstudioStudio,1BA$999
266 LoftsA1 Phase II1BR,1BA$1,000

Best Value Apartments for Rent in Proctor, AR and Nearby

As of May 26, 2026 the best value apartment in the Proctor area is the $0.99 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 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$0.99
Weatherstone Apartments3 Bedroom, 2 Bathroom3BR,2BA$1.08
The Trace at 1613 Bedroom3BR,2BA$1.11
The Crossings at Tunica3x2 Classic3BR,2BA$1.16
The Crescent at 161Renovated 2 Bedroom 2 Bath2BR,2BA$1.29
Barton Court Apartments2 Bed2BR,1BA$0.76
Bent Creek Apartments2 Bedroom2BR,1BA$0.94
Weaver Fields ApartmentsOne1BR,1BA$0.94
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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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 South Junction Apartments listed at $999.

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 $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 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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.