Cheap Homes for Rent in Memphis, MI from $1,000 (14 Rentals)

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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.

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.

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 27, 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 LE2 - 3 Bed, 2 Bath Model at Lighthouse Estates starting at $1,360 with a $1.19 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
Lighthouse EstatesLE2 - 3 Bed, 2 Bath3BR,2BA$1.19
Springbrook Estates2 Bed 2 Bath Single Section2BR,2BA$1.16
Blackwood Apartments2 Bedroom 1 Bathroom with basement2BR,1BA$0.93
LAKE VILLAGE APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$1.27
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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Memphis

What type of rentals are currently available in Memphis?

There are currently 39 Apartments for Rent in Memphis, MI with pricing that ranges from $640 to $2,674. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Memphis ranging from $1,050 to $3,500.

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 $1,050 to $3,500 with an average monthly rent of $1,995.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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!