Cheap Apartments for Rent in Memphis, TN from $300 with Utilities Included (213 Rentals) Page 2 of 5
Apartments with Utilities Included.
Cheap Apartments in Memphis.

Helix at the District

The Elevation at Autumn Ridge

The Gilmore Apartments

Linden Yards Apartments

Getwell Pointe Apartments

South Main Artspace Lofts

Bickford Square Apartments

Eleven60

Macon Crossing Apartments
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.

Faulkner Court Apartments

The Biltmore - McAlpin Apartments

Imperial Arms Apartments

Faronia Square

Timberline Flats

Landings At Winchester

Canterbury Woods Apartments

The Flats @ Cooper Young

Studio Rasa
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.

Exchange Building

Lofts at Union Alley

Peabody Falls Apartments

National Rose Co.

Madison Gardens Apartments

Mendenhall Gardens

Overton Garden Apartments

Cromwell Park Apartments

The Glen Townhomes

The Commonwealth

TOWNHOMES w/ W/D INCLUDED! Gated 2 Bed / 1.5 Bath Townhomes near Shelby Dr!

South Junction Apartments

The Galloway @ Evergreen

Greenline Apartments

South Line at Central Station

The Midtowner

Autumn Ridge Apartments

The Park at Paisley

Courtyard @ 1161 Poplar

Hawthorne on Adams Apartments

Downtown Memphis Flats

Courtyard @ Ironworks

Southern Grove

200 Stonewall St

628 Madison Ave

Wilson Crossing Townhomes: Your Spacious, Two-Story Home in Whitehaven, Memphis!

Riverset Apartments
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 | $1,028 | $200 | $1,888 |
| Memphis 1 Bedroom Apartments | $1,156 | $485 | $2,880 |
| Memphis 2 Bedroom Apartments | $1,301 | $595 | $5,900 |
| Memphis 3 Bedroom Apartments | $1,678 | $675 | $5,892 |
| Memphis 4 Bedroom Apartments | $1,536 | $599 | $5,877 |
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 $618.
What is the price of a cheap apartment in Memphis?
The cheapest apartment in Memphis is Coronado Manor which is listed at $500, while the average apartment in Memphis costs $2,311.
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 5,025 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 $561 which is $1,750 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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

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.




