
Cheap Apartments for Rent in Memphis, TN from $300 with Washer/Dryer (306 Rentals) Page 6 of 7
Search the lowest-cost Apartments available for rent right now in Memphis.


The Willows at Shelby Farms

The View at Shelby Farms

Colonial Estates

Stonebridge Crossing Apartments

The Landings at Houston Levee

The Vale Apartments and Townhomes

The Crescent at 161

Lincoln at Wolfchase

Gramercy East Apartments

Foxhaven Apartments

Goodman Manor Apartments

The Trace at 161

Enclave at Wolfchase

The Easton Apartment Homes

North Creek Apartments

Modena at Mallard Creek

Southaven Pointe Apartments

Camden Grove Apartments

Rocky Creek

The Charleston

Walnut Hill Apartments

Preserve at Bartlett

Park Place at Shelby Farms

Somerset at Lakeland

Dogwood Creek

Civic Center West Apartments

Farmington Gates

Cordova Creek

Springs at Colonial

Bailey Creek Apartment Homes

Hamilton at Turman Farms Apartments

Avalon at Horn Lake

The Luxe of Southaven

Atlas at Goodlett Farms

MAA Dexter Lake

Irene Woods Apartments

Annandale Gardens Apartments

Appling Lakes

Civic Center East Apartments

The Waverly 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.








