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


Cooper-Young Apartments

Gospel Gardens

River City Heights Townhomes

Oak Ridge Apartments

Cane Creek Apartments

South Main Artspace Lofts

Westside Manor

Manor Park Apartments

Corning Village Apartments

Stonebrook Apartments

Coves at Yale

Countryside North Apartments

Charter Oak Apartments and Townhomes

Rivergrove

Austin Park Place Apartments

Raleigh Court Townhomes

Camelot Manor

Chapel Place Homes

Creekwood Village Apartments

Verano Townhomes

Crockett Park Place

Levi Landing

Sunrise Terrace

Whitehaven Oaks Apartments

Salem Manor Apartments

Meadows West Memphis

Woodchase Apartments

Rocky Creek

Southcrest Lake

The Luxe of Southaven

Enclave at Wolfchase

Pecan Grove

Commodore Villages

Broadway Terrace

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 | $1,048 | $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
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I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

Maximizing Your Refund: Essential Tax Tips for Renters
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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.