close
View Me
Rent Specials
$725 - $1,375Studio to 3 Bedroom Apartments Available Now
Kings Reserve Memphis
1550 N ParkwayMemphis, TN 38112
Cheap Senior Apartments for Rent in Memphis, TN from $300 (20 Rentals)
Senior Living Rental Options.
Cheap Apartments in Memphis.
close
View Me
$7502 Bedroom Apartments Available Now
Summer Oaks Apartments
4030 Summer AveMemphis, TN 38122
close
View Me
$750 - $9001 Bedroom Apartments Available Now
1831 Castalia St
1831 Castalia StMemphis, TN 38114
close
View Me
Rent Specials
$799 - $1,4991 to 3 Bedroom Apartments Available Now
The Canopy 2200
5770 Tangle Oaks DrMemphis, TN 38134
close
View Me
Rent Specials
$836 - $2,8891 to 2 Bedroom Apartments Available Now
The Nova Apartments
6355 Briar Patch LnMemphis, TN 38115
close
View Me
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
close
View Me
$895 - $1,195Studio to 2 Bedroom Apartments Available Now
Tranquility at Hickory Hill Senior Apartments
2990 Hickory Hill RdMemphis, TN 38115
close
View Me
$1,050 - $1,1501 to 2 Bedroom Apartments Available Now
1161 Poplar
1161 Poplar AveMemphis, TN 38105
close
View Me
$1,199 - $1,8591 to 3 Bedroom Apartments Available Now
The Roxbury
1300 Lynnfield RdMemphis, TN 38119
close
View Me
1 to 2 Bedroom Apartments
Westwood Manor Elderly Cottages
4436 Fig Leaf CirMemphis, TN 38109
close
View Me
1 to 4 Bedroom Apartments
Harold Ford Senior Villas
621 Deerskin DrMemphis, TN 38109
close
View Me
Studio to 1 Bedroom Apartments
Serenity at Highland
400 S Highland StMemphis, TN 38111
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
close
View Me
1 to 4 Bedroom Apartments
Cleaborn Pointe at Heritage Senior Apartments
460 S Lauderdale StMemphis, TN 38126
close
View Me
1 Bedroom Apartments
Glendale Park Apartments
3910 Stuart RdMemphis, TN 38111
close
View Me
2 to 3 Bedroom Apartments
Beverly Springs
2879 Beverly Hills RdMemphis, TN 38128
close
View Me
1 to 2 Bedroom Apartments
Lyons Ridge Apartments
1633 Pennsylvania StMemphis, TN 38109
close
View Me
Studio to 2 Bedroom Apartments
Hope Heights Tower
383 Madison AveMemphis, TN 38103
close
View Me
3 Bedroom Apartments
2097 Sharon Ln
2097 Sharon LnMemphis, TN 38127
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
close
View Me
$1,129 - $1,7991 to 3 Bedroom Apartments Available Now
The Easton Apartment Homes
2266 N Big Creek View CirMillington, TN 38053
close
View Me
1 to 2 Bedroom Apartments
Villas of West Memphis
141 W JacksonWest Memphis, AR 72301
Showing Results 1-20, Page 1 of 1
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 | $1,067 | $547 | $7,985 |
| Memphis 1 Bedroom Apartments | $1,158 | $525 | $2,840 |
| Memphis 2 Bedroom Apartments | $1,280 | $600 | $4,700 |
| Memphis 3 Bedroom Apartments | $1,709 | $700 | $7,035 |
| Memphis 4 Bedroom Apartments | $1,328 | $640 | $2,640 |
Explore Memphis
Memphis, TN Local Guide
- Memphis Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
College Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive
Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!
Read Article
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Memphis area?
If you’re an expert on all things Memphis, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Memphis, TN Rentals by Map
See the most popular apartments and homes in Memphis, TN
Frequently Asked Questions about Cheap Memphis Apartments
What is the Cheapest Studio apartment in Memphis?
Currently the most affordable Cheap Studio Apartment in Memphis is at Emberly (NEW) listed at $547.
How much is rent for a Cheap One Bedroom Memphis Apartment?
The lowest price for a Cheap One Bedroom Memphis Apartment is $550 at 165 N Merton.
What is the lowest price for a Cheap Two Bedroom Memphis Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Memphis is starting from $551 at Longview Gardens.
What is the most affordable Memphis Three Bedroom Apartment?
The best deal on a cheap Memphis Three Bedroom Apartment rental is at Creekside Meadows and starts from $825.
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.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
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.