Cheap Apartments for Rent in Memphis, NE from $900 (44 Rentals)

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

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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Allora 168
Rent Specials
$1,277 - $2,858
Total Monthly Price

Total Monthly Price

Base Rent
$1,277 - $2,858
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Allora 168

16751 Morgan AveGretna, NE 68028
Corporate Housing
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Capriana
Rent Specials
$1,373 - $3,166
Total Monthly Price

Total Monthly Price

Base Rent
$1,373 - $3,166
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Capriana

3333 N 212th StOmaha, NE 68022
Corporate Housing
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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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Stony Brook
1 to 4 Bedroom Apartments

Stony Brook

14735 W PlazaOmaha, NE 68137
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Elkhorn Station
1 to 2 Bedroom Apartments

Elkhorn Station

2606 N Main StElkhorn, NE 68022
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Dalmore Apartments
1 to 3 Bedroom Apartments

Dalmore Apartments

1303-1403 S 203rd StOmaha, NE 68130
  • Utilities Included

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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Showing Results 1-44, Page 1 of 1

Memphis, NE Local Guide

Cheapest Available Memphis Apartments for Rent and Nearby

 

The cheapest available apartment rental in Memphis, NE is a 1 Bed unit found at Stony Brook in the Millard neighborhood priced from $965. The Creek Apartments in the Ballena neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $975. Here is today’s list of the most affordable Memphis apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stony BrookOne Bedroom 11A1BR,1BA$965
The Creek ApartmentsAC Unit A - StudioStudio,1BA$975
Rock Creek ApartmentsTwo Bedroom2BR,1BA$995
The Trails at North StreamsStanding BearStudio,1BA$1,045
The HarborAnchorStudio,1BA$1,099
Fifty575 CoventryA11BR,1BA$1,118
Trade Winds Apartment HomesOne Bedroom1BR,1BA$1,137
The AbacusS2Studio,1BA$1,160
Dalmore ApartmentsJulep1BR,1BA$1,195
1010 on the LakeA695 One Bed Floor Plan1BR,1BA$1,195

Best Value Apartments for Rent in Memphis, NE and Nearby

As of June 08, 2026 the best value apartment in the Memphis area is the $1.41 price per square foot Juniper Model at Juniper Row Townhomes in the in the Northeast Outer Elkhorn neighborhood starting from $2,044. The second greatest value Memphis apartment is the Linden Model at The Village on the Preserve starting at $1,695 with a $1.47 price per square foot in the Pacific Meadows 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.
Juniper Row TownhomesJuniper3BR,2.5BA$1.41
The Village on the PreserveLinden2BR,2BA$1.47
The HarborLeeward2BR,2BA$1.42
Live HawthorneBarberry2BR,2BA$1.42
Andover Pointe Apartment HomesTwo Bedroom Two Bath2BR,2BA$1.36
Avenue 204Boulevard2BR,2BA$1.46
Legacy FlatsBrock1BR,1BA$1.44
Rock Creek ApartmentsTwo Bedroom2BR,1BA$1.07
Trade Winds Apartment HomesOne Bedroom1BR,1BA$1.43
Stony BrookOne Bedroom 11A1BR,1BA$1.22

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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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!

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Frequently Asked Questions about Cheap Memphis Apartments

What is the Cheapest Studio apartment in Memphis?

Currently the most affordable Cheap Studio Apartment in Memphis is at The Creek Apartments listed at $975.

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

The lowest price for a Cheap One Bedroom Memphis Apartment is $965 at Stony Brook.

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 $995 at Rock Creek Apartments.

What is the most affordable Memphis Three Bedroom Apartment?

The best deal on a cheap Memphis Three Bedroom Apartment rental is at Stony Brook and starts from $1,680.

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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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.