Cheap Apartments for Rent in Memphis, NE from $800 (36 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

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.

Read Article
close
View Me
Stony Brook
1 to 4 Bedroom Apartments

Stony Brook

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

Elkhorn Station

2606 N Main StElkhorn, NE 68022
close
View Me
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.

Read Article
Showing Results 1-36, 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
The Trails at North StreamsStanding BearStudio,1BA$999
Trade Winds Apartment HomesOne Bedroom1BR,1BA$1,095
1010 on the LakeA1 Studio Floor Plan1BR,1BA$1,095
Broadmoor HillsThomasvilleStudio,1BA$1,115
The Creek ApartmentsAC Unit B2B - 1 I 11BR,1BA$1,150
The Village on the PreserveElm1BR,1BA$1,155
Andover Pointe Apartment HomesOne Bedroom One Bath1BR,1BA$1,170
Edge 204Little ItalyStudio,1BA$1,190

Best Value Apartments for Rent in Memphis, NE and Nearby

As of January 23, 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 Classic Unit D Model at Bellbrook Townhomes starting at $1,600 with a $1.30 price per square foot in the Ballena 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
Bellbrook TownhomesClassic Unit D2BR,1BA$1.30
Villas At The Pines2 Bedroom2BR,2BA$1.14
Live HawthorneBarberry2BR,2BA$1.42
Andover Pointe Apartment HomesTwo Bedroom Two Bath2BR,2BA$1.47
Avenue 204Boulevard2BR,2BA$1.46
Trade Winds Apartment HomesOne Bedroom End1BR,1BA$1.45
The Village on the PreserveBirch1BR,1BA$1.44
Stony BrookOne Bedroom 11A1BR,1BA$1.21
Rock Creek ApartmentsOne Bedroom1BR,1BA$1.23

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 Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Memphis, NE Rentals by Map

Decorative image of map

See the most popular apartments and homes in Memphis, NE

View Map
Memphis, NE Apartments Map
View Map
Memphis, NE Rental Homes Map

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 $999.

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 Fifty575 Coventry and starts from $1,585.

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

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.