
Cheap Apartments for Rent with Specials in Memphis, TN from $300 (149 Rentals) Page 2 of 3
Rental Listings with Specials.
Cheap Apartments in Memphis.


The Brooklyn Memphis

Den Apartments

Holmes Pointe Apartments

Eleven60

The Franklin

The Biltmore - McAlpin Apartments

Imperial Arms Apartments

Faronia Square

Timberline Flats
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.

Landings At Winchester

The Flats @ Cooper Young

Exchange Building

The Chisca

Southwind Lakes Apartments

Lofts at Union Alley

Conwood Flats Apartment Homes

Peabody Falls Apartments

Fielder Square

Madison Gardens Apartments

MAA Southwind

Overton Garden Apartments

Cromwell Park Apartments

Highland Row

The Flats at Overton

Addison Apartments III

South Junction Apartments

The Galloway @ Evergreen

South Line at Central Station

240 Flats

The Midtowner

Monarch on Highland

Urban Peddler

Element Apartments at Highland

The Park at Paisley

Legacy on Lynnfield - NEWLY UPGRADED

Downtown Memphis Flats

The Tennessee Brewery Apartments

Southern Grove

266 Lofts

200 Stonewall St

Wilson Crossing Townhomes: Your Spacious, Two-Story Home in Whitehaven, Memphis!

Springs at Buckingham Farms

Riverset Apartments

Harbor Side at Conwood Flats Apartments

Kiwi Goji

The Residence

Number 10 Main
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 | $1,028 | $200 | $1,888 |
| Memphis 1 Bedroom Apartments | $1,157 | $485 | $2,880 |
| Memphis 2 Bedroom Apartments | $1,301 | $595 | $5,900 |
| Memphis 3 Bedroom Apartments | $1,677 | $675 | $5,940 |
| Memphis 4 Bedroom Apartments | $1,536 | $599 | $5,877 |
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 $618.
What is the price of a cheap apartment in Memphis?
The cheapest apartment in Memphis is Coronado Manor which is listed at $500, while the average apartment in Memphis costs $2,300.
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 5,031 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 $567 which is $1,733 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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

