
Cheap 2 Bedroom Apartments for Rent in Memphis, TN from $500 (401 Rentals) Page 4 of 9


3455 Pruett Ct

3430 Pruett Ct

3450 Pruett Ct

Broadmoor Apartments

Urban Peddler

The Elevation at Autumn Ridge

Wilson Crossing

Overton Garden Apartments

Greenline Apartments

The Nova Apartments

Tranquility at Hickory Hill Senior Apartments

Hickory Farms

Ridgeway Commons Townhomes

3752 Cambridge Station Dr

The Park at Forest Hill

Pine River Village

Arbors of Century Center

Belvedere Place

Ashland Lakes Apartment Homes

The Local Apartments

MAA Southwind

Legacy on Lynnfield - NEWLY UPGRADED

Crescent at Wolfchase Apartment Homes

Timberline Flats

Champions Hills at Windyke

The Shift Residences- East Memphis

Kings Reserve Memphis

ReNew Bartlett Village

2246 Vinton Ave

The Meadows Apartments

Poplar Place Townhomes

The Tower at Kent

The Birches Apartment Homes

Century Apartments

1852 Court Ave, Unit 1852 Court

Element Apartments at Highland
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 | $1,221 | $560 | $7,990 |
Memphis 1 Bedroom Apartments | $1,296 | $200 | $5,290 |
Memphis 2 Bedroom Apartments | $1,422 | $500 | $7,728 |
Memphis 3 Bedroom Apartments | $1,822 | $698 | $8,038 |
Memphis 4 Bedroom Apartments | $1,480 | $549 | $4,680 |
Explore Memphis
Getting Around Memphis, TN
Walk Score®
50 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
50 / 100
Bikeable
Some bike infrastructure
Transit Score®
29 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $600.
What is the price of a cheap apartment in Memphis?
The cheapest apartment in Memphis is Timber Pines Apartments which is listed at $500, while the average apartment in Memphis costs $3,600.
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 1,798 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 $489 which is $3,111 cheaper than the average rent for all rentals in Memphis.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.