Cheap 3 Bedroom Apartments for Rent in Memphis, TN from $698 (128 Rentals) Page 2 of 3

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Carriage House
3 Bedroom Apartments

Carriage House

1145 Frayser BlvdMemphis, TN 38127
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Cherry Gardens
3 Bedroom Apartments

Cherry Gardens

4350 Dunn RdMemphis, TN 38111
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April Woods
3 Bedroom Apartments

April Woods

262 Chelsea AveMemphis, TN 38107
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Valley Forge
3 Bedroom Apartments

Valley Forge

176 Hillview AveMemphis, TN 38109
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Beacon Manor
3 Bedroom Apartments

Beacon Manor

2502 St. Elmo AveMemphis, TN 38127
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Pontotoc Gardens
3 Bedroom Apartments

Pontotoc Gardens

537-539 Pontotoc AveMemphis, TN 38126
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Eastern Heights
3 Bedroom Apartments

Eastern Heights

281 Johnson Cir WMemphis, TN 38112
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Hickory Hills
3 Bedroom Apartments

Hickory Hills

3513 Graceland DrMemphis, TN 38116
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Fairway
3 Bedroom Apartments

Fairway

5150 Tulane RdMemphis, TN 38109
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Gospel Gardens
3 Bedroom Apartments

Gospel Gardens

4801 Farris CirMemphis, TN 38109
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Washington Manor
3 Bedroom Apartments

Washington Manor

1920 Florida StMemphis, TN 38109

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

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 Valley Forge which is listed at $750, 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.

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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.

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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.

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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.

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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.