
Cheap Apartments for Rent in Memphis, NY from $600 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Memphis.


Candlewood Gardens

Wellington Manor Apartments

Braeside Apartments

Drumlin Heights

Breckenridge Apartments
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.

Longbranch Park Apartments

Willow Stream Apartments South

Serenity Village

Timberlane Estates

Grenadier Village Apartments

Village Green
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.

Center Pointe at Radisson

Residences at Covered Bridge

700 Jamesville Ave

111 Herkimer St

397 Village Blvd N

151 Old Liverpool Rd
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.
Memphis, NY Local Guide

How much does it cost to rent an apartment in Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Memphis Studio Apartments | $1,116 | $628 | $1,895 |
| Memphis 1 Bedroom Apartments | $1,476 | $847 | $2,520 |
| Memphis 2 Bedroom Apartments | $1,742 | $994 | $3,300 |
| Memphis 3 Bedroom Apartments | $2,057 | $1,256 | $2,800 |
Browse Top Apartments in Memphis
See all Apartments in MemphisExplore Memphis
Memphis, NY Local Guide
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Cheapest Available Memphis Apartments for Rent and Nearby
 The cheapest available apartment rental in Memphis, NY is a Studio unit found at Wellington Manor Apartments priced from $950. Breckenridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here is today’s list of the most affordable Memphis apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wellington Manor Apartments | 0x1S1WM | Studio,1BA | $950 |
| Breckenridge Apartments | Loft | 1BR,1BA | $1,150 |
| Serenity Village | 1x1 Ranch | 1BR,1BA | $1,225 |
| Village Green | 1 Bedroom 1 Bath | 1BR,1BA | $1,280 |
| Steeplechase Apartment Homes | One Bedroom- 725 sqft | 1BR,1BA | $1,320 |
Best Value Apartments for Rent in Memphis, NY and Nearby
As of March 14, 2026 the best value apartment in the Memphis area is the $1.71 price per square foot 2 Bed 2 Bath Model at 3410 Summers Gate Dr in the starting from $2,730. The second greatest value Memphis apartment is the 2 Bedroom Model at Center Pointe at Radisson starting at $2,000 with a $1.54 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. |
|---|---|---|---|
| 3410 Summers Gate Dr | 2 Bed 2 Bath | 2BR,2.5BA | $1.71 |
| Center Pointe at Radisson | 2 Bedroom | 2BR,2BA | $1.54 |
| Fobes Island Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.60 |
| Aspen Springs Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.43 |
| The Landings at Meadowood Apartment Homes | Two Bedroom 2 Bath- 1,069 sqft | 2BR,2BA | $1.69 |
| Candlewood Gardens | 2 Bedroom 1 Bath Large | 2BR,1.5BA | $1.26 |
| Steeplechase Apartment Homes | Two Bedroom- 960 sqft | 2BR,1BA | $1.91 |
| Kings Gate West | One Bedroom | 1BR,1BA | $1.55 |
| Village Green | 1 Bedroom 1 Bath | 1BR,1BA | $1.60 |
| Wellington Manor Apartments | 0x1S1WM | Studio ,1BA | $1.87 |
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 ArticleThe 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 ArticleCash 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 ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Memphis, NY Rentals by Map
See the most popular apartments and homes in Memphis, NY
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 $1,119 at Braeside 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 $1,200 at Wellington Manor Apartments.
What is the most affordable Memphis Three Bedroom Apartment?
The best deal on a cheap Memphis Three Bedroom Apartment rental is at Grenadier Village Apartments and starts from $1,725.
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

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.

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.

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.

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.