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from $2001 Bedroom Apartments Available Now
Yellowwood Terrace Affordable Senior Housing
2100 Greentree NClarksville, IN 47129
Cheap Apartments for Rent in Memphis, IN from $400 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in Memphis.
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from $7781 to 3 Bedroom Apartments Available Now
Courtyard Apartments
1815 Greentree BlvdClarksville, IN 47129
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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from $9001 to 3 Bedroom Apartments Available Now
Meadows at Green Tree
1418 Marlowe DrClarksville, IN 47129
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2223 Mayflower Manor
New AlbanyIN47150
1002 E Main St
New AlbanyIN47150
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.
214 E 13th St
New AlbanyIN47150
216 E 13th St
New AlbanyIN47150
136 E Harrison Ave
ClarksvilleIN47129
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Memphis, IN Local Guide
Memphis Indiana by Bedford is licensed under Internal
How much does it cost to rent an apartment in Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Memphis Studio Apartments | $1,107 | $995 | $1,175 |
| Memphis 1 Bedroom Apartments | $1,275 | $200 | $2,295 |
| Memphis 2 Bedroom Apartments | $1,490 | $845 | $4,450 |
| Memphis 3 Bedroom Apartments | $1,828 | $1,200 | $5,200 |
Browse Top Apartments in Memphis
See all Apartments in MemphisExplore Memphis
Memphis, IN Local Guide
- Nearby Cities
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Cheapest Available Memphis Apartments for Rent and Nearby
The cheapest available apartment rental in Memphis, IN is a 1 Bed unit found at Yellowwood Terrace Affordable Senior Housing in the Southern Indiana neighborhood priced from $200. Courtyard Apartments in the Downtown New Albany neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $778. Here is today’s list of the most affordable Memphis apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,1BA | $200 |
| Courtyard Apartments | 1.1B | 1BR,1BA | $778 |
| Willow Run | One Bed One Bath | 1BR,1BA | $889 |
Best Value Apartments for Rent in Memphis, IN and Nearby
As of June 11, 2025 the best value apartment in the Memphis area is the $0.79 price per square foot Three Bedroom Model at Nicholas Landing in the in the Southern Indiana neighborhood starting from $1,411. The second greatest value Memphis apartment is the Koehler Springs II Model at Koehler Springs starting at $1,200 with a $0.89 price per square foot in the Southern Indiana neighborhood. Here is today’s list of the best values for Memphis apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Nicholas Landing | Three Bedroom | 3BR,2BA | $0.79 |
| Koehler Springs | Koehler Springs II | 3BR,2.5BA | $0.89 |
| Williams Crossing Townhomes | WITH Storage | 3BR,2.5BA | $1.04 |
| Adelyn on Grant Line | Premium | 2BR,2BA | $1.16 |
| Lakeview Apartments | 2 BEDROOM 2 BATHROOM B | 2BR,2BA | $1.12 |
| The Monroe | 2 Bedroom One & One Half Bathroom Deluxe | 2BR,1.5BA | $1.16 |
| Holmans Crossing Apartments | 2Bedroom/2Bathroom 986 sqft (1st or 2nd floor) | 2BR,2BA | $1.11 |
| Meadows at Green Tree | 2 Bedroom/1.5 Bath | 2BR,1.5BA | $1.12 |
| Courtyard Apartments | 1.1B | 1BR,1BA | $1.13 |
| Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,1BA | $0.34 |
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Memphis, IN Apartments MapMemphis, IN Rental Homes MapGetting Around Memphis, IN
Walk Score®
10 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
24 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Memphis Apartments
How much is rent for a Cheap One Bedroom Memphis Apartment?
The lowest price for a Cheap One Bedroom Memphis Apartment is $200 at Yellowwood Terrace Affordable Senior Housing.
What is the lowest price for a Cheap Two Bedroom Memphis Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Memphis is starting from $900 at Meadows at Green Tree.
What is the most affordable Memphis Three Bedroom Apartment?
The best deal on a cheap Memphis Three Bedroom Apartment rental is at Koehler Springs and starts from $1,200.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
The 10 Best Affordable Neighborhoods for Renting in Louisville, KY
Written by: Mike Heuer
Louisville, Kentucky, founded in 1778, has grown to be the largest city in Kentucky and is a terrific city situated right along the south bank of the Ohio River.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.