Cheap Apartments for Rent in Memphis, TN from $300 with Washer/Dryer (293 Rentals)Page 4 of 6

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

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Dogwood Trace
1 to 2 Bedroom Apartments

Dogwood Trace

4635 Forest Oak WayMemphis, TN 38118
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Campus View
1 to 2 Bedroom Apartments

Campus View

3606 Walker AveMemphis, TN 38111
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Peach Apartments
1 Bedroom Apartments

Peach Apartments

1330 Peach AveMemphis, TN 38104
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Harmony Woods
2 Bedroom Apartments

Harmony Woods

3384 Harmony CtMemphis, TN 38122
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Winbranch Apartments
1 to 2 Bedroom Apartments

Winbranch Apartments

3551 Dalebranch DrMemphis, TN 38116
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Edgewood Townhomes
2 Bedroom Apartments

Edgewood Townhomes

1903 S Parkway EMemphis, TN 38114
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April Woods
2 to 3 Bedroom Apartments

April Woods

262 Chelsea AveMemphis, TN 38107
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Serenity at Highland
Studio to 1 Bedroom Apartments

Serenity at Highland

400 S Highland StMemphis, TN 38111
Senior Living
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Forrest Cove
2 Bedroom Apartments

Forrest Cove

3609 Forrest AveMemphis, TN 38122
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35 N Idlewild St
2 Bedroom Apartments

35 N Idlewild St

35 N Idlewild StMemphis, TN 38104
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Emerald Park
1 to 3 Bedroom Apartments

Emerald Park

3350 Hickory Hill RdMemphis, TN 38115
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Beverly Springs
2 Bedroom Apartments

Beverly Springs

2879 Beverly Hill RdMemphis, TN 38128
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Carnes Manor
2 Bedroom Apartments

Carnes Manor

3446 Carnes AveMemphis, TN 38111
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Crane Manor Apartments
1 to 2 Bedroom Apartments

Crane Manor Apartments

2295 Candlewyck CirMemphis, TN 38114
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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

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 $627.

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 $4,124.

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 2,224 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 $479 which is $3,645 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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.