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$8501 to 3 Bedroom Apartments Available Now
The Metropolitan and Greenlaw Place Apartments
374 Mill AveMemphis, TN 38107
Cheap Loft Style Apartments for Rent in Memphis, TN from $300 (7 Rentals)
Loft Style Apartments in Memphis.
Cheap Apartments in Memphis.
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$994 - $2,524Studio to 1 Bedroom Apartments Available Now
Lofts at Union Alley
110 Barboro AlyMemphis, TN 38103
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$999 - $1,1992 to 4 Bedroom Apartments Available Now
Emerald Square
6082 Knightsbridge DrMemphis, TN 38115
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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$999 - $1,944Studio to 1 Bedroom Apartments Available Now
Art Lofts @ Overton
1973 Poplar AveMemphis, TN 38104
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$1,050 - $1,7951 to 2 Bedroom Apartments Available Now
Downtown Memphis Flats
100 Gayoso AveMemphis, TN 38103
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$1,090 - $2,8851 to 2 Bedroom Apartments Available Now
The Marine Residence
360 Metal Museum DrMemphis, TN 38106
What Exactly Is a Loft Style Apartment?
Apartments come in many varieties. Among these, the so-called ‘Loft Apartment’ usually features higher ceilings, and larger windows, and frequently includes industrial design elements.
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$1,100 - $1,760Studio to 2 Bedroom Apartments Available Now
South Line at Central Station
9 E Carolina 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 | $1,217 | $560 | $8,000 |
| Memphis 1 Bedroom Apartments | $1,276 | $200 | $4,525 |
| Memphis 2 Bedroom Apartments | $1,405 | $499 | $6,670 |
| Memphis 3 Bedroom Apartments | $1,847 | $698 | $7,783 |
| Memphis 4 Bedroom Apartments | $1,548 | $549 | $6,050 |
Explore Memphis
Memphis, TN Local Guide
- Memphis Neighborhoods
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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 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 $600.
What is the price of a cheap apartment in Memphis?
The cheapest apartment in Memphis is Villages at Harrison Creek which is listed at $399, while the average apartment in Memphis costs $3,676.
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 2,422 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 $504 which is $3,172 cheaper than the average rent for all rentals in Memphis.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.