
Cheap Apartments for Rent with Specials in Memphis, TN from $300 (116 Rentals) Page 2 of 3
Rental Listings with Specials.
Cheap Apartments in Memphis.


Addison Apartments III

The Franklin

The Galloway @ Evergreen

The Melrose Midtown

240 Flats

Urban Loft Co. Memphis- Utilties Included

Art Lofts @ Overton

189 Barksdale

Lofts at Union Alley

Element Apartments at Highland

The Park at Paisley

Iris Luxury Apartments

Legacy on Lynnfield

MAA Southwind

The Tennessee Brewery

Century Apartments

Greenline Apartments

The Flats @ Cooper Young

Downtown Memphis Flats

Georgian Woods

MAA Kirby Station

The Marine Residence

Chambliss Village

200 Stonewall St

Urban Peddler

Springs at Buckingham Farms

Crescent at Wolfchase Apartment Homes

Conwood Flats

The Westbury

The Landing Residences

The Villas at Germantown

Riverset Apartments

Dream Germantown

The Preserve at Forest Creek

Kiwi Goji

2246 Vinton Ave

Metro67

The Oliver Luxury Apartments

Barton Court Apartments

Stonebridge Crossing Apartments

Rocky Creek

Gramercy East Apartments

The Willows at Shelby Farms

Southaven Pointe

Villas at Cordova

Lincoln at Wolfchase

Rock Creek Apartments

Trinity Lakes

The View at Shelby Farms
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 | $1,214 | $560 | $8,000 |
Memphis 1 Bedroom Apartments | $1,294 | $200 | $5,593 |
Memphis 2 Bedroom Apartments | $1,433 | $578 | $6,900 |
Memphis 3 Bedroom Apartments | $1,834 | $698 | $6,807 |
Memphis 4 Bedroom Apartments | $1,504 | $549 | $4,810 |
Explore Memphis
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 $617.
What is the price of a cheap apartment in Memphis?
The cheapest apartment in Memphis is 4015 Summer Ave which is listed at $550, while the average apartment in Memphis costs $3,665.
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 1,685 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 $486 which is $3,179 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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.