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$1,265 - $2,5511 to 3 Bedroom Apartments Available Now
Arbors Harbor Town
671 Harbor Edge DrMemphis, TN 38103
Top Rated Cheap Apartments for Rent in Memphis, TN from $300 (98 Rentals) Page 2 of 2
Top Rated Apartments in Memphis.
Cheap Apartments in Memphis.
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$1,275 - $4,1491 to 3 Bedroom Apartments Available Now
Bristol On Union Apartment Homes
205 Pasadena PlMemphis, TN 38104
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Rent Specials
$1,279 - $3,508Studio to 3 Bedroom Apartments Available Now
Metro67
67 Madison AveMemphis, TN 38103
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$1,280 - $4,2851 to 3 Bedroom Apartments Available Now
Waterford Place Apartment Homes
8037 Waterford CirMemphis, TN 38125
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Rent Specials
$1,285 - $5,900Studio to 3 Bedroom Apartments Available Now
The Oliver Luxury Apartments
7 Vance AveMemphis, TN 38103
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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.
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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.
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Rent Specials
$1,000 - $1,6001 to 3 Bedroom Apartments Available Now
Gramercy East Apartments
7100 Tulane RdHorn Lake, MS 38637
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Rent Specials
$1,010 - $3,8231 to 2 Bedroom Apartments Available Now
Enclave at Wolfchase
1810 W Wolfchase CirCordova, TN 38016
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Rent Specials
$1,077 - $2,3721 to 3 Bedroom Apartments Available Now
Villas at Houston Levee East
10107 Havanese LnCordova, TN 38016
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Rent Specials
$1,099 - $1,9651 to 3 Bedroom Apartments Available Now
Somerset at Lakeland
2918 Champions DrArlington, TN 38002
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$1,124 - $1,9331 to 3 Bedroom Apartments Available Now
Villas at Houston Levee West
10041 Blue Rapid LnCordova, TN 38016
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Rent Specials
$1,155 - $1,9171 to 3 Bedroom Apartments Available Now
North Creek
8786 N Creek BlvdSouthaven, MS 38671
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Rent Specials
$1,165 - $1,9381 to 3 Bedroom Apartments Available Now
Southaven Pointe
5186 Church Lake DrSouthaven, MS 38671
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Rent Specials
$1,175 - $1,4151 to 2 Bedroom Apartments Available Now
Camden Grove Apartments
1571 N Houston Levee RdCordova, TN 38016
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Rent Specials
$1,185 - $1,9701 to 3 Bedroom Apartments Available Now
Villas at Cordova
8546 Prestine LoopCordova, TN 38018
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$1,192 - $2,1401 to 3 Bedroom Apartments Available Now
Dogwood Creek
1969 N Dogwood Creek DrCollierville, TN 38017
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$1,199 - $2,4661 to 3 Bedroom Apartments Available Now
The Vineyards
7109 Vineyard WayGermantown, TN 38138
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$1,201 - $1,6991 to 3 Bedroom Apartments Available Now
Civic Center West Apartments
4740 Highway 51 NSouthaven, MS 38671
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$1,206 - $2,3801 to 3 Bedroom Apartments Available Now
Park Place at Shelby Farms
536 Shelby Grove DrCordova, TN 38018
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Rent Specials
$1,219 - $2,1101 to 3 Bedroom Apartments Available Now
Bailey Creek Apartment Homes
1907 Bailey Woods Dr NCollierville, TN 38017
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$1,227 - $2,4481 to 3 Bedroom Apartments Available Now
The Charleston
9981 US Highway 64Arlington, TN 38002
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$1,231 - $1,5861 to 3 Bedroom Apartments Available Now
Hamilton at Turman Farms Apartments
4375 Highway 51 NSouthaven, MS 38671
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Rent Specials
$1,231 - $3,0781 to 3 Bedroom Apartments Available Now
Walnut Hill Apartments
8920 Walnut Grove RdCordova, TN 38018
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$1,240 - $1,9241 to 3 Bedroom Apartments Available Now
Madison at Schilling Farms
160 Madison Farms LnCollierville, TN 38017
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$1,250 - $1,4991 to 3 Bedroom Apartments Available Now
Atlas at Goodlett Farms
7435 Goodlett Farms PkyCordova, TN 38016
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Rent Specials
$1,263 - $2,9831 to 3 Bedroom Apartments Available Now
MAA Dexter Lake
1505 Dexter Lake DrCordova, TN 38016
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$1,263 - $2,5061 to 3 Bedroom Apartments Available Now
Appling Lakes
1392 Equestrian DrCordova, TN 38016
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$1,295 - $1,7801 to 3 Bedroom Apartments Available Now
Civic Center East Apartments
4744 W.E. Ross PkySouthaven, MS 38671
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$1,300 - $2,6741 to 3 Bedroom Apartments Available Now
Quail Ridge Apartment Homes
4200 Trenton DrBartlett, TN 38135
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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 | $560 | $1,888 |
| Memphis 1 Bedroom Apartments | $1,180 | $525 | $10,000+ |
| Memphis 2 Bedroom Apartments | $1,316 | $613 | $5,900 |
| Memphis 3 Bedroom Apartments | $1,701 | $759 | $5,423 |
| Memphis 4 Bedroom Apartments | $1,385 | $599 | $5,543 |
Explore Memphis
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Getting Around Memphis, TN
Walk Score®
50 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
50 / 100
Bikeable
Some bike infrastructure
Transit Score®
29 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 4015 Summer Ave which is listed at $550, while the average apartment in Memphis costs $3,335.
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 5,469 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 $551 which is $2,784 cheaper than the average rent for all rentals in Memphis.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.