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


Enclave at Wolfchase

Lincoln at Wolfchase

Rock Creek Apartments

Madison at Schilling Farms

Park Place at Shelby Farms

The Luxe of Southaven

Southaven Pointe Apartments

Springs at Colonial

Trailside at Greenline

Villas at Houston Levee East & West

Gramercy East Apartments

North Creek Apartments

Rocky Creek

Civic Center West Apartments

Somerset at Lakeland

Camden Grove Apartments

MAA Dexter Lake

The Charleston

Hamilton at Turman Farms Apartments

Southcrest Lake

Walnut Hill Apartments

Civic Center East Apartments

Bailey Creek Apartment Homes

The Bridges at Germantown Apartments

Avalon at Horn Lake
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 | $1,046 | $547 | $7,985 |
| Memphis 1 Bedroom Apartments | $1,153 | $525 | $2,854 |
| Memphis 2 Bedroom Apartments | $1,283 | $550 | $4,900 |
| Memphis 3 Bedroom Apartments | $1,711 | $715 | $7,077 |
| Memphis 4 Bedroom Apartments | $1,419 | $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 $618.
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 $1,726.
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 5,009 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 $536 which is $1,190 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
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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.