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$300 - $1,0852 to 3 Bedroom Apartments Contact Us For Availability
Cedar Creek Crossing Apartments
2225 N 12th StQuincy, IL 62305
Cheap Apartments for Rent in Memphis, MO from $300 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in Memphis.
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$418 - $1,2781 to 3 Bedroom Apartments Available Now
Washington Apartments
539 W 4th StOttumwa, IA 52501
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Rent Specials
$452 - $850Studio to 2 Bedroom Apartments Available Now
Welch Hotel Senior Apartments
220 Iowa AveMuscatine, IA 52761
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Rent Specials
$515 - $8401 to 2 Bedroom Apartments Available Now
Alice Place West Burlington
813 W Van Weiss BlvdWest Burlington, IA 52655
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$615 - $8201 to 3 Bedroom Apartments Available Jan 1, 2026
MAPLE PLACE APARTMENTS
405 S Maple StWinfield, IA 52659
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$645 - $7951 to 2 Bedroom Apartments Available Now
Bel Aire Apartments
301 Bel Aire CtBurlington, IA 52601
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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$675 - $7301 Bedroom Apartments Available Nov 1
Monroe City Senior Housing 62+
228 2nd StreetMonroe City, MO 63456
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$675 - $875Studio to 2 Bedroom Apartments Available Now
Caspian Village Apartments
701 E Pennington StWest Burlington, IA 52655
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636 Payson Ave
QuincyIL62301
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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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Memphis, MO Local Guide
West side of the town square by Sector001 is licensed under CC BY-SA 3.0
How much does it cost to rent an apartment in Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Memphis Studio Apartments | $945 | $650 | $1,200 |
| Memphis 1 Bedroom Apartments | $850 | $418 | $1,495 |
| Memphis 2 Bedroom Apartments | $1,089 | $300 | $1,700 |
| Memphis 3 Bedroom Apartments | $1,225 | $340 | $1,900 |
| Memphis 4 Bedroom Apartments | $1,058 | $1,058 | $1,058 |
Browse Top Apartments in Memphis
See all Apartments in MemphisExplore Memphis
Memphis, MO Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Memphis Apartments for Rent and Nearby
The cheapest available apartment rental in Memphis, MO is a 2 Beds unit found at Welch Hotel Senior Apartments in the Oak Ridge neighborhood priced from $452. Alice Place West Burlington in the Ginger Ridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $515. Here is today’s list of the most affordable Memphis apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Welch Hotel Senior Apartments | Two Bedroom | 2BR,1BA | $452 |
| Alice Place West Burlington | 1-Bedroom ADA | 1BR,1BA | $515 |
| Bel Aire Apartments | 1 Bedroom | 1BR,1BA | $645 |
| Caspian Village Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $675 |
| Green Gable Cottages | Green Gable 1 Bedroom | 1BR,1BA | $750 |
Best Value Apartments for Rent in Memphis, MO and Nearby
As of October 26, 2025 the best value apartment in the Memphis area is the $0.56 price per square foot Four Bedroom Model at Asbury Heights in the starting from $1,058. The second greatest value Memphis apartment is the Mede 37 Model at Mediapolis Village starting at $910 with a $0.75 price per square foot . 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. |
|---|---|---|---|
| Asbury Heights | Four Bedroom | 4BR,2BA | $0.56 |
| Mediapolis Village | Mede 37 | 3BR,2BA | $0.75 |
| Fairfield Estates | Unit 58 | 3BR,2BA | $0.88 |
| Cobblestone Apartments | 2BR/2BA | 2BR,2BA | $0.93 |
| Northern Plains by Kading | Hutton | 3BR,1BA | $0.82 |
| Alice Place West Burlington | 2-Bedroom | 2BR,1BA | $0.90 |
| Colorado Senior Lofts 55+ | Two Bedroom | 2BR,1BA | $0.86 |
| River Ridge 2301-2325 University Drive | 2 bed | 2BR,1BA | $1.00 |
| Park Madison Apartments | 1BR/1BA | 1BR,1BA | $1.00 |
| Westland Village | 1x1 | 1BR,1BA | $1.00 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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.
Read ArticleThe 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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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Memphis, MO Rentals by Map
See the most popular apartments and homes in Memphis, MO
Getting Around Memphis, MO
Walk Score®
32 / 100
Car-Dependent
Most errands require a car
Bike Score®
34 / 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 $515 at Alice Place West Burlington.
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 $452 at Welch Hotel Senior Apartments.
What is the most affordable Memphis Three Bedroom Apartment?
The best deal on a cheap Memphis Three Bedroom Apartment rental is at Northern Plains by Kading and starts from $825.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.