Cheap Apartments for Rent near Memphis, NE from $900 (62 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
close
View Me
Capriana
Rent Specials
$1,362 - $3,564
Total Monthly Price

Total Monthly Price

Base Rent
$1,362 - $3,564
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Capriana

3333 N 212th StOmaha, NE 68022
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article
close
View Me
Allora 168
$1,524 - $3,569
Total Monthly Price

Total Monthly Price

Base Rent
$1,524 - $3,569
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Allora 168

16751 Morgan AveGretna, NE 68028
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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

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
Showing Results 1-50, Page 1 of 2

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 $960. Rock Creek Apartments in the Willow Creek neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $995. Here is today’s list of the most affordable Memphis apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stony BrookOne Bedroom 11A1BR,1BA$960
Rock Creek ApartmentsTwo Bedroom2BR,1BA$995
Fifty575 CoventryA21BR,1BA$1,047
The Trails at North StreamsStanding BearStudio,1BA$1,055
Trade Winds Apartment HomesOne Bedroom1BR,1BA$1,140
Oxbow Crossing1 Bed 1 Bath1BR,1BA$1,150
The Creek ApartmentsAC Unit B2B - 1 I 11BR,1BA$1,150
The AbacusS2Studio,1BA$1,160
Willow Creek2 Bed, 1 Bath B22BR,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 July 23, 2026 the best value apartment in the Memphis area is the $1.34 price per square foot Aiden Model at Legacy Flats in the in the Oakbrook Meadows Altech neighborhood starting from $1,765. The second greatest value Memphis apartment is the 2 Bedroom Model at Villas At The Pines starting at $1,295 with a $1.14 price per square foot . 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.
Legacy FlatsAiden2BR,2BA$1.34
Villas At The Pines2 Bedroom2BR,2BA$1.14
Avenue 204Boulevard2BR,2BA$1.46
Rock Creek ApartmentsTwo Bedroom2BR,1BA$1.07
The Village on the PreserveGinkgo1BR,1BA$1.47
Elk HillsBuck1BR,1BA$1.38
Willow Creek2 Bed, 1 Bath B22BR,1BA$1.41
Andover Pointe Apartment HomesOne Bedroom One Bath1BR,1BA$1.50
Trade Winds Apartment HomesOne Bedroom1BR,1BA$1.43
Stony BrookOne Bedroom 11A1BR,1BA$1.21

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

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.

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 $1,055.

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

The lowest price for a Cheap One Bedroom Memphis Apartment is $960 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 $1,675.

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 Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.