Cheap Apartments for Rent in Memphis, NE from $900 (42 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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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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Allora 168
Rent Specials
$1,414 - $3,365
Total Monthly Price

Total Monthly Price

Base Rent
$1,414 - $3,365
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
$1,415 - $3,118
Total Monthly Price

Total Monthly Price

Base Rent
$1,415 - $3,118
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Capriana

3333 N 212th StOmaha, NE 68022
Corporate Housing
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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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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

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.

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Showing Results 1-42, 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 Rock Creek Apartments in the Willow Creek neighborhood priced from $900. Stony Brook in the Millard neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $960. Here is today’s list of the most affordable Memphis apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rock Creek ApartmentsOne Bedroom1BR,1BA$900
Stony BrookOne Bedroom 11A1BR,1BA$960
Willow Creek2 Bed, 1 Bath B22BR,1BA$1,025
The Trails at North StreamsStanding BearStudio,1BA$1,045
Fifty575 CoventryA11BR,1BA$1,060
Trade Winds Apartment HomesOne Bedroom1BR,1BA$1,140
The Creek ApartmentsAC Unit B2 - 1 I 11BR,1BA$1,150
Oxbow Crossing1 Bed 1 Bath1BR,1BA$1,150
The Bungalows on 204A7661BR,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 April 24, 2026 the best value apartment in the Memphis area is the $1.33 price per square foot The Tahoe Model at Lakeside Hills in the in the Oakbrook Meadows Altech neighborhood starting from $1,850. The second greatest value Memphis apartment is the Finn Model at Legacy Flats starting at $1,755 with a $1.42 price per square foot in the Oakbrook Meadows Altech 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.
Lakeside HillsThe Tahoe2BR,2BA$1.33
Legacy FlatsFinn2BR,2BA$1.42
The Village on the PreserveDogwood2BR,2BA$1.39
The HarborLeeward2BR,2BA$1.42
Elk HillsElk2BR,2BA$1.22
Avenue 204Junction1BR,1BA$1.40
Andover Pointe Apartment HomesOne Bedroom End1BR,1BA$1.44
Willow Creek2 Bed, 1 Bath B12BR,1BA$1.32
Stony BrookOne Bedroom 11A1BR,1BA$1.21
Rock Creek ApartmentsOne Bedroom1BR,1BA$1.23

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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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:
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Explore Memphis, NE Rentals by Map

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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 Trails at North Streams listed at $1,045.

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

The lowest price for a Cheap One Bedroom Memphis Apartment is $900 at Rock Creek 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 $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 $1,690.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.