Cheap Apartments for Rent in Memphis, TN from $300 with Washer/Dryer (308 Rentals) Page 3 of 7

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Search the lowest-cost Apartments available for rent right now in Memphis.

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Shelby Pointe Townhomes
Rent Specials
$980 - $1,075
Total Monthly Price

Total Monthly Price

Base Rent
$980 - $1,075
Total Monthly Price
$980 - $1,075
2 Bedroom Apartments Available Now

Shelby Pointe Townhomes

1500 E Shelby DrMemphis, TN 38116
Cost Per Sq.Ft.
  • Verified
  • Customer Reviewed
  • Utilities Included

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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Court Square Apartments
Rent Specials
$1,000 - $2,276
Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $2,276
Total Monthly Price
$1,000 - $2,276
1 to 3 Bedroom Apartments Available Now

Court Square Apartments

62 N Main StMemphis, TN 38103
Corporate Housing
  • Verified
  • Customer Reviewed
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699 N 5th St, Unit 2
$1,100
Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100
1 Bedroom Apartment Available Now

699 N 5th St, Unit 2

699 N 5th StMemphis, TN 38107
Furnished
  • Smoke Free
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The Rise Apartments
$1,407 - $6,641
Total Monthly Price

Total Monthly Price

Base Rent
$1,407 - $6,641
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Jun 27

The Rise Apartments

420 Monroe AveMemphis, TN 38103
Pet Friendly
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Riverset Apartments
Rent Specials
$1,111 - $2,576
Total Monthly Price

Total Monthly Price

Base Rent
$1,111 - $2,576
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Riverset Apartments

100 Riverset LnMemphis, TN 38103
Corporate Housing
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  • Utilities Included
Showing Results 101-150, Page 3 of 7

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 $641.

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 $1,694.

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 4,926 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 $1,099 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.

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