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Rent Specials
$1,195 - $1,2803 Bedroom Apartments Available Now
Wilson Crossing Townhomes: Your Spacious, ...
4907 Autumn Leaf DrMemphis, TN 38116
Cheap 3 Bedroom Apartments for Rent in Memphis, TN from $759 (131 Rentals) Page 2 of 3
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$1,197 - $2,7173 Bedroom Apartments Available Now
The Stella Apartments
2165 E River Trace DrMemphis, TN 38134
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Rent Specials
$1,2003 Bedroom Apartments Available Dec 3
Brentwood Apartments
1835 Sycamore View RdMemphis, TN 38134
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$1,2253 Bedroom Apartments Available Dec 13
Mendenhall Gardens
543 N Mendenhall RdMemphis, TN 38117
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$1,250 - $1,6753 Bedroom Apartments Available Now
Legacy on Lynnfield - NEWLY UPGRADED
5900 Cedar Forrest DrMemphis, TN 38119
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$1,250 - $1,4003 Bedroom Apartments Available Now
The Residence Village Green
3450 Fescue LnMemphis, TN 38115
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$1,250 - $1,3753 Bedroom Apartments Available Now
Riverdale
3295 Riverdale RdMemphis, TN 38119
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$1,260 - $1,3253 Bedroom Apartments Available Now
Edge at Lakeview
6296 Lake View TrlMemphis, TN 38115
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$1,2753 Bedroom Apartments Contact Us For Availability
Edgewater Apartments
1970 Sycamore View RdMemphis, TN 38134
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Rent Specials
$1,299 - $1,4993 Bedroom Apartments Available Now
The Canopy 2200
5770 Tangle Oaks DrMemphis, TN 38134
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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.
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3 Bedroom Apartments
Cleaborn Pointe at Heritage Senior Apartments
460 S Lauderdale StMemphis, TN 38126
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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 | $1,043 | $560 | $1,888 |
| Memphis 1 Bedroom Apartments | $1,177 | $525 | $10,000+ |
| Memphis 2 Bedroom Apartments | $1,317 | $610 | $5,900 |
| Memphis 3 Bedroom Apartments | $1,692 | $759 | $6,948 |
| Memphis 4 Bedroom Apartments | $1,371 | $599 | $5,568 |
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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 $629.
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 $3,314.
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 5,508 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 $554 which is $2,760 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.
Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.