
Cheap Apartments for Rent in Memphis, TN from $300 with Utilities Included (217 Rentals) Page 2 of 5
Apartments with Utilities Included.
Cheap Apartments in Memphis.


The Bonsai at Central Gardens

4015 Summer Ave

Aspen Parc

Hickory Farms

The Parkway

Crossings at Fox Meadows

Getwell Pointe Apartments

Hickory Grove

Audubon Downs
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.

The Elevation at Autumn Ridge

The Tower at Kent

Riverdale

Linden Yards Apartments

Bickford Square Apartments

The Landing on the Strip

Studio Rasa

Eleven60

The Flats @ Cooper Young

Faronia Square
Affordable Memphis: The Best Neighborhoods with Character and Lower Rents
Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

Faulkner Court Apartments

Timberline Flats

Canterbury Woods Apartments

Landings At Winchester

Mendenhall Gardens

The Biltmore - McAlpin Apartments

The Summereast

Autumn Ridge Apartments

280 Vance Flats

Peabody Falls Apartments
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.

The Wendell

National Rose Co.

Lofts at Union Alley

Madison Gardens Apartments

Arbors of Century Center

Southern Grove

South Line at Central Station

South Junction Apartments

Museum Lofts

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

Madison Midtown

The Commonwealth

The Glen Townhomes

1161 Poplar

Fairfax Manor Townhomes

The Galloway @ Evergreen

Pressbox Lofts

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

200 Stonewall St

628 Madison Ave
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 | $1,066 | $547 | $7,985 |
| Memphis 1 Bedroom Apartments | $1,158 | $525 | $2,841 |
| Memphis 2 Bedroom Apartments | $1,280 | $600 | $4,700 |
| Memphis 3 Bedroom Apartments | $1,711 | $700 | $6,967 |
| Memphis 4 Bedroom Apartments | $1,338 | $640 | $2,640 |
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 $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.