
Cheap Apartments for Rent with Specials in Memphis, TN from $300 (176 Rentals) Page 2 of 4
Rental Listings with Specials.
Cheap Apartments in Memphis.


Beverly Springs

Helix at the District - Utilities Included

The Nova Apartments

The Bonsai at Central Gardens

Hickory Farms

Crossings at Fox Meadows

Parkway Place Apartments

Aspen Parc

Hickory Grove
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Studio Rasa

The District Apartments

Audubon Downs

The Elevation at Autumn Ridge

The Tower at Kent

Riverdale

Mendenhall Gardens

The Stella Apartments

Brentwood Apartments

Total Monthly Price
Holmes Pointe Apartments
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.

Eleven60

The Flats @ Cooper Young

The Meridian Apartments

Peabody Place

Faronia Square

Marilyn on Monroe

The Biltmore - McAlpin Apartments

The Chisca

Conwood Flats Apartment Homes

Southwind Lakes Apartments

Park at Forest Hill

Art Lofts @ Overton

Peabody Falls Apartments

The Wendell

The Ellington at Kirby

Den Apartments

Iris Luxury Apartments

Champions Hills at Windyke

High Point Terrace Apartments

Southern Place

Georgian Woods

MAA Southwind

Village of Sycamore Ridge

South Junction Apartments

South Line at Central Station

Madison Midtown

240 Flats

Number 10 Main

266 Lofts

Museum Lofts
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 | $1,042 | $547 | $7,985 |
| Memphis 1 Bedroom Apartments | $1,151 | $525 | $2,861 |
| Memphis 2 Bedroom Apartments | $1,287 | $550 | $4,900 |
| Memphis 3 Bedroom Apartments | $1,706 | $715 | $6,975 |
| Memphis 4 Bedroom Apartments | $1,426 | $640 | $2,690 |
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 $616.
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 $1,727.
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 4,954 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 $538 which is $1,189 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
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.