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Cedar Creek Crossing Apartments
2225 N 12th StQuincy, IL 62305
Cheap Apartments for Rent in Memphis, MO from $300 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Memphis.
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from $6412 to 3 Bedroom Apartments Available Now
510 Wapello St S
510 Wapello St SMediapolis, IA 52637
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from $6852 Bedroom Apartments Available Now
Halls of Brookfield - 55+ Years
802 N Main StBrookfield, MO 64628
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from $7001 to 2 Bedroom Apartments Available Now
Park Madison Apartments
2917 Madison AveBurlington, IA 52601
61 Midtown Ln
BurlingtonIA52601
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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Riverbend 3306-3500 Steamboat Way
3407 Steamboat WayMuscatine, IA 52761
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from $7751 to 2 Bedroom Apartments Contact Us For Availability
Ridgebrook Apartments
1601 S 24th StQuincy, IL 62301
14876 Washington Rd
West BurlingtonIA52655
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from $7951 to 3 Bedroom Apartments Contact Us For Availability
The Burlington Apartments
206 N 3rd StBurlington, IA 52601
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from $8001 Bedroom Apartments Available Aug 15
Summer Street Apartments
603 Summer StBurlington, IA 52601
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School House Apartments
1812 Avenue FFort Madison, IA 52627
19584 IL-96
RockportIL62370
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
304 S 2nd St
PulaskiIA52584
1714 Singleton Ave
HannibalMO63401
2545 N Co Rd 1740
ColusaIL62329
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102 W 2nd St
BowenIL62316
121 S Ash St
OttumwaIA52501
23 S Lincoln St
CarthageIL62321
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
605 W 3rd St
MuscatineIA52761
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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 | $972 | $825 | $1,200 |
| Memphis 1 Bedroom Apartments | $840 | $615 | $1,300 |
| Memphis 2 Bedroom Apartments | $1,014 | $300 | $1,700 |
| Memphis 3 Bedroom Apartments | $1,259 | $340 | $1,900 |
| Memphis 4 Bedroom Apartments | $1,214 | $1,000 | $1,800 |
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 510 Wapello St S priced from $641. Halls of Brookfield - 55+ Years has the second lowest priced unit, which is a 2 Beds apartment currently listed from $685. Here is today’s list of the most affordable Memphis apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 510 Wapello St S | Unit 38 | 2BR,1BA | $641 |
| Halls of Brookfield - 55+ Years | 2 Bed 1 Bath | 2BR,1BA | $685 |
| Park Madison Apartments | 1BR/1BA | 1BR,1BA | $700 |
| Green Gable Cottages | Green Gable - Memorial Park Rd | 1BR,1BA | $750 |
| Tisdale Apartments | 2 Bedroom | 2BR,1BA | $760 |
Best Value Apartments for Rent in Memphis, MO and Nearby
As of June 04, 2025 the best value apartment in the Memphis area is the $0.89 price per square foot Churchill Lofts - 316 Model at Churchill Lofts in the in the Ginger Ridge neighborhood starting from $1,498. The second greatest value Memphis apartment is the 3 Bed 1 Bath Townhome Model at MAPLE PLACE APARTMENTS starting at $820 with a $0.87 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. |
|---|---|---|---|
| Churchill Lofts | Churchill Lofts - 316 | 2BR,1BA | $0.89 |
| MAPLE PLACE APARTMENTS | 3 Bed 1 Bath Townhome | 3BR,1BA | $0.87 |
| Blaul Lofts | Blaul Lofts - 312 | 1BR,1BA | $0.98 |
| School House Apartments | 1 Bedroom and 1 Bath | 1BR,1BA | $0.89 |
| Orchard Lane Apartments | 2BR/1.0BA | 2BR,1BA | $0.96 |
| Northern Plains by Kading | Cottage - 2 | 2BR,1BA | $1.07 |
| Halls of Brookfield - 55+ Years | 2 Bed 1 Bath | 2BR,1BA | $0.83 |
| Louden Lofts | Two Bedroom | 2BR,2BA | $1.00 |
| Park Madison Apartments | 1BR/1BA | 1BR,1BA | $0.93 |
| 510 Wapello St S | Unit 38 | 2BR,1BA | $1.03 |
Quick Rent Budget Calculator
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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
Memphis, MO Apartments MapMemphis, MO Rental Homes MapGetting 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 $700 at Park Madison 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 $641 at 510 Wapello St S.
What is the most affordable Memphis Three Bedroom Apartment?
The best deal on a cheap Memphis Three Bedroom Apartment rental is at MAPLE PLACE APARTMENTS and starts from $820.
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.
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.
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.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.