Cheap Apartments for Rent in Memphis, TN from $300 with Air Conditioning (277 Rentals) Page 2 of 6

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Search the lowest-cost Apartments available for rent right now in Memphis.

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Covington Hills
$799 - $1,499
Total Monthly Price

Total Monthly Price

Base Rent
$765 - $1,465
Required Monthly Fees
Varies
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Covington Hills

4800 Raleigh Lagrange RdMemphis, TN 38128
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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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University Crossings
Rent Specials
$815 - $1,075
Total Monthly Price

Total Monthly Price

Base Rent
$776 - $1,036
Required Monthly Fees
$39
Total Monthly Price
$815 - $1,075
1 to 2 Bedroom Apartments Available Now

University Crossings

3467-3469 Southern AveMemphis, TN 38111
Student Housing
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  • Customer Reviewed
  • 3D Tour
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Beverly Springs
Rent Specials
$825 - $900
Total Monthly Price

Total Monthly Price

Base Rent
$750 - $825
Required Monthly Fees
$75
Total Monthly Price
$825 - $900
2 to 3 Bedroom Apartments Available Now

Beverly Springs

2879 Beverly Hills RdMemphis, TN 38128
Senior Living
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  • Utilities Included
Showing Results 51-100, Page 2 of 6

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 165 N Merton which is listed at $550, 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

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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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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.

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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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.