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$1,245 - $2,9951 to 3 Bedroom Apartments Available Now
Crescent at Wolfchase Apartment Homes
7819 Crescent Ridge LnMemphis, TN 38133
Top Rated Cheap Apartments for Rent in Memphis, TN from $300 (89 Rentals) Page 2 of 2
Top Rated Apartments in Memphis.
Cheap Apartments in Memphis.
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$1,259 - $1,8391 to 3 Bedroom Apartments Available Now
Centennial Gardens
7841 N Garden Manor DrMemphis, TN 38125
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$1,288 - $4,1211 to 3 Bedroom Apartments Available Now
Bristol On Union Apartment Homes
205 Pasadena PlMemphis, TN 38104
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$1,289 - $2,2951 to 3 Bedroom Apartments Available Now
Fieldstone
3333 Hacks Cross RdMemphis, TN 38125
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1 to 2 Bedroom Apartments
Pleasant View Apartments
1505 Baggett DrMemphis, TN 38127
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1 to 2 Bedroom Apartments
Bridgeport Manor
1368-1438 E Winchester RdMemphis, TN 38116
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1 to 3 Bedroom Apartments
Rolling Hills Apartments
2818 Green Terrace DrMemphis, TN 38127
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1 to 3 Bedroom Apartments
Camellia - Magnolia Gardens Apartments
204 Windover RdMemphis, TN 38111
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Studio to 1 Bedroom Apartments
Serenity at Highland
400 S Highland StMemphis, TN 38111
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1 to 2 Bedroom Apartments
Scenic Hills Apartments
3108 New Allen RdMemphis, TN 38128
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.
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2 to 3 Bedroom Apartments
Pineland Apartments
3461-3475 Steve RdMemphis, TN 38111
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1 to 3 Bedroom Apartments
Charter Oak Apartments and Townhomes
5473 Vander Oak DrMemphis, TN 38116
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2 Bedroom Apartments
Grainge Hill Apartments
2281 Ketchum RdMemphis, TN 38114
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1 Bedroom Apartments
Glendale Park Apartments
3910 Stuart RdMemphis, TN 38111
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2 to 3 Bedroom Apartments
Mason Homes on 4th
900 S 4th StMemphis, TN 38126
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1 to 2 Bedroom Apartments
University Highlands Apartments
3417-3443 Spottswood AveMemphis, TN 38111
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1 to 2 Bedroom Apartments
Madison East Apartments
2780 Madison AveMemphis, TN 38111
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1 to 2 Bedroom Apartments
Tiger Flats
650 Minor RdMemphis, TN 38111
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2 Bedroom Apartments
Cherokee Cabana
3204 Sharpe RdMemphis, TN 38111
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2 Bedroom Apartments
Cromwell Park Apartments
3720 Outland RdMemphis, TN 38118
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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1 to 4 Bedroom Apartments
Ridgeway Commons Townhomes
6033 Bangalore CtMemphis, TN 38119
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3 to 4 Bedroom Apartments
Cane Creek Apartments
1528 Ragan StMemphis, TN 38106
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2 Bedroom Apartments
Peabody Station Apartments
1170 Peabody AveMemphis, TN 38104
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2 Bedroom Apartments
Shelby Grove
6357 Shelby Briar DrMemphis, TN 38134
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1 to 2 Bedroom Apartments
Van Vleet Flats
122 Gayoso AveMemphis, TN 38103
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1 to 2 Bedroom Apartments
The Edge of Germantown
1730 Hunters Trace DrMemphis, TN 38120
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1 to 3 Bedroom Apartments
Madison Shelby Farms
330 N Humphreys BlvdMemphis, TN 38120
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Studio to 2 Bedroom Apartments
50 Peabody Place
50 Peabody PlMemphis, TN 38103
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Studio to 2 Bedroom Apartments
Pembroke Square Apartments
125 Gayoso AveMemphis, TN 38103
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$800 - $1,0001 to 3 Bedroom Apartments Available Now
Meadows West Memphis
1101 S Avalon StWest Memphis, AR 72301
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$1,050 - $1,4001 to 2 Bedroom Apartments Available Now
Colonial Estates
2600 Colonial Towers DrCordova, TN 38016
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$1,098 - $3,316
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,098 - $3,316
Total Monthly Price
$1,098 - $3,316
Cordova Creek
7965 Humphreys Hill DrCordova, TN 38016
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$1,110 - $2,1991 to 3 Bedroom Apartments Available Now
Dogwood Creek
1969 N Dogwood Creek DrCollierville, TN 38017
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$1,143 - $1,4221 to 3 Bedroom Apartments Available Now
Gramercy East Apartments
7100 Tulane RdHorn Lake, MS 38637
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$1,150 - $2,2821 to 3 Bedroom Apartments Available Now
Villas at Houston Levee East & West
10107 Havanese LnCordova, TN 38016
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$1,248 - $3,7331 to 3 Bedroom Apartments Available Now
MAA Dexter Lake
1505 Dexter Lake DrCordova, TN 38016
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$1,249 - $1,5492 to 3 Bedroom Apartments Available Now
Avalon at Horn Lake
1800 Joy CirHorn Lake, MS 38637
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1 to 2 Bedroom Apartments
Memphis Urban Apartments
501 S Avalon StWest Memphis, AR 72301
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1 to 2 Bedroom Apartments
Belvedere Apartments
1850 N Avalon StWest Memphis, AR 72301
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 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 $634.
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 $1,729.
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 5,513 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 $595 which is $1,134 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.
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.