
Cheap 3 Bedroom Apartments for Rent in Memphis, TN from $575 (143 Rentals) Page 3 of 3


Pershing Park Apartments

Mason Homes on 4th

Cooper-Young Apartments

Cane Creek Apartments

Gospel Gardens

River City Heights Townhomes

Oakwood Meadows Estates
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Oak Ridge Apartments

The Summit Apartments

Manor Park Apartments

Hickory Hills

Fairway

Corning Village Apartments

Windsor Place

Stonebrook Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Coves at Yale

Westside Manor

Charter Oak Apartments and Townhomes

Austin Park Place Apartments

Crockett Park Place

Camelot Manor

Highland Chateau

Chapel Place Homes
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Creekwood Village Apartments

Raleigh Court Townhomes

The Enclave Apartments

Verano Townhomes

Levi Landing

Whitehaven Oaks Apartments

Salem Manor Apartments

2097 Sharon Ln
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

25 S Morrison Cove

57 Lakeshore Dr

43 Cedar Lake Dr

Meadows West Memphis

Woodchase Apartments

Pecan Grove

Commodore Villages

Broadway Terrace
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.

Rainer Village

Frisco Park

The Ridge at West Memphis
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 | $1,038 | $547 | $1,888 |
| Memphis 1 Bedroom Apartments | $1,117 | $495 | $3,312 |
| Memphis 2 Bedroom Apartments | $1,256 | $550 | $4,978 |
| Memphis 3 Bedroom Apartments | $1,629 | $575 | $4,109 |
| Memphis 4 Bedroom Apartments | $1,457 | $550 | $3,835 |
Browse Top Apartments in Memphis
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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 $617.
What is the price of a cheap apartment in Memphis?
The cheapest apartment in Memphis is Huntington Hills which is listed at $829, while the average apartment in Memphis costs $1,110.
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 4,971 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 $543 which is $567 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.
Helpful Local Expert Guides

Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
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Hello from Memphis, Tennessee. I'm Josh, your ApartmentHomeLiving.com Local Expert for Memphis, and I spent years in this city eating, writing, cooking, studying, and getting to know it block by block.

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College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive
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Affordable Memphis: The Best Lower Priced Neighborhoods with Character
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Articles, How-To's, and Tips

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
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Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.