Cheap Apartments for Rent in Memphis, MI from $400 (36 Rentals)

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Belle River Court
1 Bedroom Apartments

Belle River Court

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

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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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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67748 S Main St
1 to 2 Bedroom Apartments

67748 S Main St

67748 S Main StRichmond, MI 48062
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Kingsbrook Estates
2 to 4 Bedroom Apartments

Kingsbrook Estates

4600 Van Dyke RdAlmont, MI 48003
  • Utilities Included
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51364 Ashbury Ct
1 to 2 Bedroom Apartments

51364 Ashbury Ct

51364 Ashbury CtChesterfield, MI 48047

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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Showing Results 1-36, 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 $820. Golf Marina Apartments in the Downtown Port Huron neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. 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$820
Golf Marina ApartmentsOne Bedroom1BR,1BA$850
Anchor Bay Apartments1 Bedroom1BR,1BA$850
ST. CLAIR LANDINGS1 Bedroom 1 Bathroom1BR,1BA$895
Sugarbush Run ApartmentsSugarbush Run Apartments2BR,1BA$895
Legacy on Riverside1 Bed, 1 bath1BR,1BA$905
Blackwood Apartments2 Bedroom 1 Bathroom with basement2BR,1BA$925
Lighthouse EstatesLE2 - 1 Bed, 1 Bath1BR,1BA$945
Aspen Creek ApartmentsOne Bedroom1BR,1BA$955
Eagles Landing of WashingtonThe Harding Includes Heat1BR,1BA$975

Best Value Apartments for Rent in Memphis, MI and Nearby

As of May 11, 2026 the best value apartment in the Memphis area is the $1.23 price per square foot 2bed2bath Model at 51364 Ashbury Ct in the in the New Baltimore Historic District neighborhood starting from $1,900. The second greatest value Memphis apartment is the 2 Bedroom 1 Bathroom with basement Model at Blackwood Apartments starting at $925 with a $0.93 price per square foot in the Downtown Port Huron neighborhood. 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.
51364 Ashbury Ct2bed2bath2BR,2BA$1.23
Blackwood Apartments2 Bedroom 1 Bathroom with basement2BR,1BA$0.93
Dutton EstatesTwo Bedroom One Bathroom2BR,1BA$1.17
Oakview Square2br 1bt 1000 sf2BR,1BA$1.11
Anchor Bay Apartments1 Bedroom1BR,1BA$0.89
LAKE VILLAGE APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$1.16
Sugarbush Run ApartmentsSugarbush Run Apartments2BR,1.5BA$0.99
Aspen Creek ApartmentsTwo Bedroom2BR,1.5BA$1.18
Legacy on Riverside1 Bed, 1 bath1BR,1BA$1.21
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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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 Memphis Apartments

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

The lowest price for a Cheap One Bedroom Memphis Apartment is $850 at Anchor Bay 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 $895 at Sugarbush Run Apartments.

What is the most affordable Memphis Three Bedroom Apartment?

The best deal on a cheap Memphis Three Bedroom Apartment rental is at Golf Marina Apartments and starts from $1,200.

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.

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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.