
Cheap Short Term Lease Apartments for Rent in Memphis, TN from $300 (106 Rentals) Page 2 of 3
Short Term Rental Options.
Cheap Apartments in Memphis.


240 Flats

Legacy on Lynnfield - NEWLY UPGRADED

The Park at Paisley

Element Apartments at Highland

Art Lofts @ Overton

Downtown Memphis Flats

The Tennessee Brewery Apartments

Riverset Apartments

The Melrose Midtown
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Furnished Studio-Memphis - Poplar Avenue

Furnished Studio-Memphis - Cordova

Highpoint at The Greenline

Century Apartments

MONTICELLO

The Rise Apartments

Furnished Studio-Memphis - Airport

Museum Lofts

Fieldstone

Kiwi Goji
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Dream Germantown

Furnished Studio-Memphis - Quail Hollow

Parkview Apartments

Elite Living Residence

The Willows - Newly Renovated

Bantam Apartments

Belvedere Gardens Condominiums

Barron Court

Stonebrook Apartments

Cedar Run Apartments
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.

Graham Square Apartments

Addison Apartments III

The Washburn

Downtown Studio Suites- All Included

2246 Vinton Ave

Woodchase Apartments

The View at Shelby Farms

The Landings at Houston Levee

Appling Lakes

Lincoln at Wolfchase

Weatherstone Apartments

Enclave at Wolfchase

Rocky Creek

Trinity Lakes

Rock Creek Apartments

Gramercy East Apartments

Springs at Colonial

The DeSoto

Madison at Schilling Farms

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 | $1,017 | $547 | $1,978 |
| Memphis 1 Bedroom Apartments | $1,150 | $485 | $2,880 |
| Memphis 2 Bedroom Apartments | $1,289 | $595 | $5,900 |
| Memphis 3 Bedroom Apartments | $1,662 | $675 | $6,083 |
| Memphis 4 Bedroom Apartments | $1,536 | $625 | $6,270 |
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 $617.
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 $2,571.
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 8,310 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 $553 which is $2,018 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.

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.