Search the lowest-cost Apartments available for rent right now in Memphis.
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| 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 |
If you’re an expert on all things Memphis, tell us what you love (and don't) by rating it and writing a review.
Write a ReviewA cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Memphis is under $625.
The cheapest apartment in Memphis is 165 N Merton which is listed at $550, while the average apartment in Memphis costs $2,545.
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 5,387 regular apartments in Memphis that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Cheap apartments in Memphis have an average cost of $536 which is $2,009 cheaper than the average rent for all rentals in Memphis.
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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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.
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