
Cheap Apartments for Rent with Specials in Memphis, TN from $300 (176 Rentals) Page 3 of 4
Rental Listings with Specials.
Cheap Apartments in Memphis.


Harbor Side at Conwood Flats Apartments

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

Legacy on Lynnfield - NEWLY UPGRADED

Fielder Square

ReNew Bartlett Village

Fairfax Manor Townhomes

The Galloway @ Evergreen

Pressbox Lofts

The Rise Apartments

MAA Kirby Station

Poplar Place Townhomes

Total Monthly Price
2098 Court Ave, Unit 2098 Upper Unit, Unit 2098 Upper Unit

Downtown Memphis Flats

Kiwi Goji

Dream Germantown

Century Apartments

Madison at McLean

The Birches Apartment Homes

Link Apartments® Broad Ave

Springs at Buckingham Farms

The Landing Residences

Crescent at Wolfchase Apartment Homes

Fieldstone

The Westbury

1162 Peabody Ave

MONTICELLO

Overton Garden Apartments

Total Monthly Price
Riverset Apartments

The Wyndham Apartments

Total Monthly Price
The Marine Residence

The Preserve at Forest Creek

Waterford Place Apartment Homes

The Citizen Apartments

The Shift Residences- East Memphis

Sunridge Townhomes

Highpoint at The Greenline

Metro67

The Tennessee Brewery Apartments

Highland Row

Bristol On Union Apartment Homes

City Place at Germantown Apartments

Court Square Apartments

The Flats at Overton

Parkway Arms Apartments

Parkview Apartments

Barton Court Apartments

The Willows at Shelby Farms

The View at Shelby Farms

Enclave at Wolfchase
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.