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$890 - $1,310Studio to 3 Bedroom Apartments Contact Us For Availability
South Main Artspace Lofts
138 St. Paul AveMemphis, TN 38126
Cheap Loft Style Apartments for Rent in Memphis, TN from $300 (5 Rentals)
Loft Style Apartments in Memphis.
Cheap Apartments in Memphis.
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$953 - $2,206Studio to 1 Bedroom Apartments Available Now
Lofts at Union Alley
110 Barboro AlyMemphis, TN 38103
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.
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$999 - $1,740Studio to 2 Bedroom Apartments Available Now
South Line at Central Station
9 E Carolina AveMemphis, TN 38103
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$1,049 - $1,749Studio to 1 Bedroom Apartments Available Now
Art Lofts @ Overton
1951 Poplar AveMemphis, TN 38104
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.
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$1,050 - $1,7951 to 2 Bedroom Apartments Contact Us For Availability
Downtown Memphis Flats
100 Gayoso AveMemphis, TN 38103
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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 | $1,018 | $560 | $1,888 |
| Memphis 1 Bedroom Apartments | $1,169 | $485 | $2,880 |
| Memphis 2 Bedroom Apartments | $1,310 | $595 | $5,900 |
| Memphis 3 Bedroom Apartments | $1,679 | $675 | $5,114 |
| Memphis 4 Bedroom Apartments | $1,505 | $599 | $4,550 |
Explore Memphis
Memphis, TN Local Guide
- Memphis Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
College Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive
Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Memphis, TN Rentals by Map
See the most popular apartments and homes in Memphis, TN
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 the Cheapest Studio apartment in Memphis?
Currently the most affordable Cheap Studio Apartment in Memphis is at Emberly Apartments listed at $567.
How much is rent for a Cheap One Bedroom Memphis Apartment?
The lowest price for a Cheap One Bedroom Memphis Apartment is $550 at 4015 Summer Ave.
What is the lowest price for a Cheap Two Bedroom Memphis Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Memphis is starting from $500 at Bridgeport Manor.
What is the most affordable Memphis Three Bedroom Apartment?
The best deal on a cheap Memphis Three Bedroom Apartment rental is at Valley Forge and starts from $750.
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.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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!