
Cheap Apartments for Rent in Memphis, TN from $300 with Swimming Pool (146 Rentals) Page 3 of 3
Search the lowest-cost Apartments available for rent right now in Memphis.


Total Monthly Price
The Citizen Apartments

The Preserve at Forest Creek

Woodchase Apartments

Meadows West Memphis

The Willows at Shelby Farms

Lincoln at Wolfchase

The Landings at Houston Levee

The Vale Apartments and Townhomes
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Somerset at Lakeland

Enclave at Wolfchase

Park Place at Shelby Farms

Cordova Creek Apartments

The View at Shelby Farms

The Crescent at 161

Stonebridge Crossing Apartments

Trinity Lakes

Colonial Estates
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.

Rock Creek Apartments

Trailside at Greenline

Walnut Hill Apartments

Foxhaven Apartments

Dogwood Creek

The Easton Apartment Homes

Southaven Pointe Apartments

Preserve at Bartlett

Villas at Houston Levee East & West
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.

The DeSoto

North Creek Apartments

The Vineyards

The Luxe of Southaven

The Trace at 161

Appling Lakes

Springs at Colonial

Civic Center West Apartments

Total Monthly Price
Camden Grove Apartments
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
What are amenity fees and are they optional? This guide breaks down everything you need to know about apartment amenity fees, including when you can opt out and how you might be able to lower your rent.

Annandale Gardens Apartments

Farmington Gates

MAA Dexter Lake

Hamilton at Turman Farms Apartments

Gramercy East Apartments

Civic Center East Apartments

Bailey Creek Apartment Homes

The Bridges at Germantown Apartments

Quail Ridge Apartment Homes
It's time to soak up some sun!
One of the easiest and more obvious ways of enjoying the summer sun is to lounge out by your community pool. Learn a Few Rules to Keep in Mind while at the pool.

ReNew Bartlett Village II
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 | $1,075 | $547 | $7,985 |
| Memphis 1 Bedroom Apartments | $1,139 | $525 | $2,850 |
| Memphis 2 Bedroom Apartments | $1,261 | $560 | $5,042 |
| Memphis 3 Bedroom Apartments | $1,667 | $550 | $4,110 |
| Memphis 4 Bedroom Apartments | $1,443 | $550 | $2,560 |
Browse Top Apartments in Memphis
See all Apartments in MemphisExplore 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 $625.
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 $1,106.
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 6,076 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 $593 which is $513 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.
Helpful Local Expert Guides

Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
Written by: Joshua Carlucci
Hello from Memphis, Tennessee. I'm Josh, your ApartmentHomeLiving.com Local Expert for Memphis, and I spent years in this city eating, writing, cooking, studying, and getting to know it block by block.

The Local Memphis Expert's Guide to Renting Near the Citys Top Employers
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College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive
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Affordable Memphis: The Best Lower Priced Neighborhoods with Character
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Articles, How-To's, and Tips

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.