
Cheap Apartments for Rent with Specials in Memphis, TN from $300 (136 Rentals) Page 2 of 3
Rental Listings with Specials.
Cheap Apartments in Memphis.


Getwell Pointe Apartments

The Chisca

Park at Forest Hill

The Local Apartments

Southwind Lakes Apartments

Conwood Flats Apartment Homes

Hawthorne on Adams Apartments

Total Monthly Price
2098 Court Ave, Unit 2098 Upper Unit

Lofts at Union Alley
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.

Arbors of Century Center

Georgian Woods

South Junction Apartments

Madison Midtown

Number 10 Main

266 Lofts

Legacy on Lynnfield - NEWLY UPGRADED

Total Monthly Price
TOWNHOMES w/ W/D INCLUDED! Gated 2 Bed / 1.5 Bath Townhomes near Shelby Dr!

The Tennessee Brewery Apartments

The Courtyard at Ironworks

The Landing Residences

The Midline

Highland Row

Fieldstone

Chambliss Village Townhomes

240 Flats

Poplar Place Townhomes

200 Stonewall St

Springs at Buckingham Farms

The Rise Apartments

Harbor Side at Conwood Flats Apartments

Total Monthly Price
Riverset Apartments

The Westbury

Century Apartments

Link Apartments® Broad Ave

The Residence

The Birches Apartment Homes

Downtown Memphis Flats

Arbors Harbor Town

1162 Peabody Ave

The Villas at Germantown Apartments

Art Lofts @ Overton

Hedgerow Apartments

Highpoint at The Greenline

Bristol On Union Apartment Homes

Centennial Gardens

Crescent at Wolfchase Apartment Homes

50 Peabody Place

ReNew Bartlett Village

Dream Germantown
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 | $1,050 | $547 | $7,990 |
| Memphis 1 Bedroom Apartments | $1,161 | $485 | $2,850 |
| Memphis 2 Bedroom Apartments | $1,313 | $595 | $5,900 |
| Memphis 3 Bedroom Apartments | $1,730 | $675 | $7,258 |
| Memphis 4 Bedroom Apartments | $1,529 | $650 | $6,951 |
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 $615.
What is the price of a cheap apartment in Memphis?
The cheapest apartment in Memphis is Redwood Estates Mobile Home Community which is listed at $485, while the average apartment in Memphis costs $2,658.
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 8,126 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 $561 which is $2,097 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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.