Cheap Apartments for Rent in Memphis, MI from $400 (23 Rentals)

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Belle River Court
1 Bedroom Apartments

Belle River Court

81393 Belle River RdMemphis, MI 48041
Senior Living
  • Utilities Included

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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67748 S Main St
1 to 2 Bedroom Apartments

67748 S Main St

67748 S Main StRichmond, MI 48062

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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Kingsbrook Estates
2 to 4 Bedroom Apartments

Kingsbrook Estates

4600 Van Dyke RdAlmont, MI 48003
  • Utilities Included
Showing Results 1-23, Page 1 of 1

Memphis, MI Local Guide

Cheapest Available Memphis Apartments for Rent and Nearby

 

The cheapest available apartment rental in Memphis, MI is a Studio unit found at Aspen Grove ~ Discover the Simplicity of Cottage Living on the River priced from $790. Hickory Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $840. Here is today’s list of the most affordable Memphis apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Aspen Grove ~ Discover the Simplicity of Cottage Living on the RiverStudioStudio,1BA$790
Hickory Square ApartmentsA1BR,1BA$840
Stony on Van DykeStony on VanDyke - One Bedroom 7 Month Sublease1BR,1BA$850
Golf Marina ApartmentsOne Bedroom1BR,1BA$850
ST. CLAIR LANDINGS1 Bedroom 1 Bathroom1BR,1BA$895

Best Value Apartments for Rent in Memphis, MI and Nearby

As of December 10, 2025 the best value apartment in the Memphis area is the $1.15 price per square foot G, H, K & L Style Model at Casa Mia Apartments in the in the New Baltimore neighborhood starting from $1,350. The second greatest value Memphis apartment is the 2 Bed 2 Bath Single Section Model at Springbrook Estates starting at $1,299 with a $1.16 price per square foot . Here is today’s list of the best values for Memphis apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Casa Mia ApartmentsG, H, K & L Style2BR,2BA$1.15
Springbrook Estates2 Bed 2 Bath Single Section2BR,2BA$1.16
Blackwood Apartments2 Bedroom 1 Bathroom with basement2BR,1BA$0.93
Lighthouse EstatesLE2 - 2 Bed, 2 Bath2BR,2BA$1.15
Brookstone Place Apartments2x1A2BR,1BA$1.20
Chesterfield ManorTwo Bedroom (Type B)2BR,1BA$1.08
Sugarbush Run ApartmentsSugarbush Run Apartments2BR,1.5BA$1.11
Aspen Creek ApartmentsOne Bedroom1BR,1BA$1.22
Hickory Square ApartmentsA1BR,1BA$1.16
Golf Marina ApartmentsOne Bedroom1BR,1BA$1.21

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

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Getting Around Memphis, MI

Walk Score®

26 / 100

Car-Dependent

Most errands require a car

Bike Score®

32 / 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 $840 at Hickory Square Apartments.

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 $905 at Hickory Square Apartments.

What is the most affordable Memphis Three Bedroom Apartment?

The best deal on a cheap Memphis Three Bedroom Apartment rental is at Hickory Square Apartments and starts from $1,160.

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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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.