
Cheap 1 Bedroom Apartments for Rent in Memphis, TN from $525 (407 Rentals) Page 4 of 9


Indigo Riverview

Arbors of Century Center

MAA Southwind

Tillman Cove

Southern Grove

3523 Barwood Cir

Number 10 Main

The Linden

Redwood Estates Mobile Home Community

266 Lofts

The Bank Flats Apartments

Total Monthly Price
Court Square Apartments

Belvedere Place

Highland Hills

Museum Lofts

MAA Kirby Station

The Meadows Apartments

Tranquility at Hickory Hill Senior Apartments

Madison Midtown

Legacy on Lynnfield - NEWLY UPGRADED

The Courtyard at Ironworks

31 S McLean Blvd

1161 Poplar

Park Terrace

Overton Garden Apartments

Fairfax Manor Townhomes

Peabody Falls Apartments

240 Flats

200 Stonewall St

628 Madison Ave

Iris Luxury Apartments

Champions Hills at Windyke

Studio Rasa

Downtown Memphis Flats

The Franklin

670 Madison Ave

Harbor Side at Conwood Flats Apartments

Fielder Square

The Bonsai at Central Gardens

MONTICELLO

The Westbury

Waterford Place Apartment Homes

Crescent at Wolfchase Apartment Homes

Total Monthly Price
The Marine Residence

Clark Terrace Apartments

1162 Peabody Ave

Highland Row

The Roxbury
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

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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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