
Cheap 1 Bedroom Apartments for Rent in Memphis, TN from $525 (407 Rentals) Page 2 of 9


Lexington Apartments

Memphis Towers Senior Living

Avery Park Apartments

Midtown Place

Highland Meadows Apartments

Courtyard @ Waring Park

Luxe at Raleigh

Annie's Townhomes

Central Gardens
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.

820 Maury St

2490 Staten Ave

681 Harrell St

4649 Royal Ridge Dr

679 Harrell St

The Pulse Apartments

Twin Oaks

Sycamore Lake

Edge at Lakeview
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Village Square

The Park at Hollyford

Macon Crossing Apartments

Woodtrail Apartment

3604 Douglass Ave

1640 Monroe Ave

2395 Avery Ave

1536 Tutwiler Ave

Azur Tower

The Canopy 2200
Renting Smart: Lease Basics Every Renter Needs
Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com

Covington Hills

The Park at New Castle

4091 Tutwiler Ave

4089 Tutwiler Ave

Southernwood Apartments

Total Monthly Price
1980 Cowden Ave, Unit 1980, Unit 1980

Kings Reserve Memphis

The Sylvia

The Drew

1137 Whitaker Dr, Unit Garden View - 1 Bedroom
Affordable Memphis: The Best Neighborhoods with Character and Lower Rents
Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

The Ellington at Kirby

Uptown Square Apartments

The Local Apartments

The Brooklyn Memphis

The District Apartments

Greenline Apartments

The Meridian Apartments

Macon Manor

Evergreen Terrace

Parkside Poplar Apartments
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, TN Local Guide

How much does it cost to rent an apartment in Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Memphis Studio Apartments | $1,057 | $547 | $7,985 |
| Memphis 1 Bedroom Apartments | $1,155 | $525 | $2,842 |
| Memphis 2 Bedroom Apartments | $1,275 | $600 | $5,900 |
| Memphis 3 Bedroom Apartments | $1,701 | $690 | $4,007 |
| Memphis 4 Bedroom Apartments | $1,388 | $640 | $2,640 |
Explore Memphis
Frequently Asked Questions about Cheap Memphis Apartments
What is a cheap apartment in Memphis?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Memphis is under $634.
What is the price of a cheap apartment in Memphis?
The cheapest apartment in Memphis is 165 N Merton which is listed at $550, while the average apartment in Memphis costs $1,739.
What types of apartments are the cheapest in Memphis?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 6,728 regular apartments in Memphis that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Memphis?
Cheap apartments in Memphis have an average cost of $579 which is $1,160 cheaper than the average rent for all rentals in Memphis.
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

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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.

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.

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.
