
Cheap 3 Bedroom Apartments for Rent in Memphis, TN from $737 (138 Rentals) Page 2 of 3


Total Monthly Price
Hollywood Square

Azure Place Apartments

Southwind Lakes Apartments

Village of Sycamore Ridge

Mendenhall Gardens

Cedar Mill Apartments & Townhouses

Mill Creek Apartments

Getwell Pointe Apartments

Total Monthly Price
Covington Hills
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.

The Stella Apartments

The Canopy 2200

Hickory Forest

216 N Hollywood St

Wilson Townhomes

Winchester Grove

3881-3883 Jasmine Dr

Legacy on Lynnfield - NEWLY UPGRADED

Sunridge Townhomes

The Residence Village Green

Edge at Lakeview

2097 Sharon Ln

665 E Pkwy S

Carriage House

Festival Square Apartments

Harmony Woods

Cherry Gardens

Aspen Parc

Ivy Chase Apartments

Rolling Hills Apartments

April Woods

Camellia - Magnolia Gardens Apartments

Cavelier Court Apartments

Valley Forge

Harold Ford Senior Villas

Pineland Apartments

Allentown Mobile Home Park

Beacon Manor

Greenbriar Apartments

Breezy Point Apartments

Presidential West Apartments

Pontotoc Gardens

Alpha Renaissance Apartments

Eastern Heights

Cleaborn Pointe at Heritage Senior Apartments

Summit Park Apartments

Hickory Hills

Pershing Park Apartments

Windsor Place

Mason Homes on 4th
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 | $1,048 | $547 | $7,990 |
| Memphis 1 Bedroom Apartments | $1,159 | $525 | $2,854 |
| Memphis 2 Bedroom Apartments | $1,298 | $495 | $4,900 |
| Memphis 3 Bedroom Apartments | $1,734 | $737 | $6,293 |
| Memphis 4 Bedroom Apartments | $1,509 | $650 | $6,755 |
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 $625.
What is the price of a cheap apartment in Memphis?
The cheapest apartment in Memphis is Valley Forge which is listed at $750, while the average apartment in Memphis costs $2,523.
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 8,171 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 $533 which is $1,990 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.

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.