Cheap Homes for Rent in Memphis, MI from $1,000 (13 Rentals)

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Search the lowest-cost Homes available for rent right now in Memphis.

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 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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Memphis, MI Local Guide

Cheapest Available Memphis Apartments for Rent and Nearby

 

The cheapest available apartment rental in Memphis, MI is a 1 Bed unit found at The Willows in the Sandstone at The Retreat neighborhood priced from $725. Aspen Grove Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here is today’s list of the most affordable Memphis apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The WillowsOne Bedroom1BR,1BA$725
Aspen Grove ApartmentsStudioStudio,1BA$800
Hickory Square ApartmentsA1BR,1BA$815
Golf Marina ApartmentsOne Bedroom1BR,1BA$850
ST. CLAIR LANDINGS1 Bedroom 1 Bathroom1BR,1BA$855

Best Value Apartments for Rent in Memphis, MI and Nearby

As of June 22, 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 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.
Casa Mia ApartmentsG, H, K & L Style2BR,2BA$1.15
Blackwood Apartments2 Bedroom 1 Bathroom with basement2BR,1BA$0.93
Stony on Van DykeTwo Bedroom2BR,1BA$1.26
Lighthouse EstatesLE2 - 2 Bed, 2 Bath2BR,2BA$1.15
Brookstone Place Apartments2x1A2BR,1BA$1.20
LAKE VILLAGE APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$1.27
Aspen Creek ApartmentsOne Bedroom1BR,1BA$1.22
Hickory Square ApartmentsA1BR,1BA$1.12
Golf Marina ApartmentsOne Bedroom1BR,1BA$1.21
The WillowsOne Bedroom1BR,1BA$1.21

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Frequently Asked Questions about Memphis

What type of rentals are currently available in Memphis?

There are currently 36 Apartments for Rent in Memphis, MI with pricing that ranges from $605 to $4,500. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Memphis ranging from $1,095 to $4,000.

What is the current price range for Rental Homes in Memphis?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Memphis ranges from $1,095 to $4,000 with an average monthly rent of $2,336.

How much are larger Three and Four Bedroom Rentals in Memphis?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Memphis range from $1,160 to $2,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,199 to $3,700. Four Bedroom Single-Family rentals are also available starting from $2,650 and Four Bedroom Apartments start at $1,389.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.

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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.

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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.