
Cheap Apartments for Rent in Memphis, TN from $300 (594 Rentals) Page 12 of 12
Search the lowest-cost Apartments available for rent right now in Memphis.


Modena at Mallard Creek

905 N Avalon St

Civic Center West Apartments

North Creek Apartments

Farmington Gates

Camden Grove Apartments

Southaven Pointe Apartments

Irene Woods Apartments

Goodman Manor Apartments

Total Monthly Price
Walnut Hill Apartments

Total Monthly Price
Preserve at Bartlett

Hamilton at Turman Farms Apartments

Villas at Cordova

Madison at Schilling Farms

Atlas at Goodlett Farms

MAA Dexter Lake

Annandale Gardens Apartments

The Charleston

The Waverly Apartments

Civic Center East Apartments

Bailey Creek Apartment Homes

The Bridges at Germantown Apartments

Memphis Urban Apartments

Westview Apartments

Pecan Grove

Belvedere Apartments

Commodore Villages

Riverbend Apartments

Forrest Park and Avalon Apartments

New Frontier

Residences at West Memphis

Holiday Townhouses

Barrington Woods Townhomes

The Ridge at West Memphis

Villas of West Memphis

Broadway Terrace

Frisco Park

Rainer Village

51 At Southhaven

Millington Flats

Villas at Houston Levee West

Countryside Village Apartments

Cedar Ridge
Memphis, TN Local Guide

How much does it cost to rent an apartment in Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Memphis Studio Apartments | $1,039 | $547 | $7,990 |
| Cheap Memphis 1 Bedroom Apartments | $1,151 | $485 | $2,880 |
| Cheap Memphis 2 Bedroom Apartments | $1,276 | $595 | $5,900 |
| Cheap Memphis 3 Bedroom Apartments | $1,613 | $675 | $9,044 |
| Cheap Memphis 4 Bedroom Apartments | $1,511 | $645 | $6,731 |
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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 $625.
What is the price of a cheap apartment in Memphis?
The cheapest apartment in Memphis is Redwood Estates Mobile Home Community which is listed at $485, while the average apartment in Memphis costs $2,604.
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 5,024 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 $582 which is $2,022 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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.