Cheap Apartments for Rent in Memphis, TN from $300 (619 Rentals) Page 13 of 13

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

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Commodore Villages
1 to 3 Bedroom Apartments

Commodore Villages

4465 Babe Howard BlvdMillington, TN 38053
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New Frontier
Studio to 2 Bedroom Apartments

New Frontier

115 S 20th StWest Memphis, AR 72301
Student Housing
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Villas of West Memphis
1 to 2 Bedroom Apartments

Villas of West Memphis

141 W JacksonWest Memphis, AR 72301
Senior Living
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Broadway Terrace
3 Bedroom Apartments

Broadway Terrace

303 Elizabeth LnWest Memphis, AR 72301
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Rainer Village
3 Bedroom Apartments

Rainer Village

1400-1516 Village DrWest Memphis, AR 72301
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Frisco Park
3 Bedroom Apartments

Frisco Park

408 S Avalon StWest Memphis, AR 72301
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Holiday Townhouses
2 Bedroom Apartments

Holiday Townhouses

1900-2026 N Avalon StWest Memphis, AR 72301
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51 At Southhaven
1 to 3 Bedroom Apartments

51 At Southhaven

7560 Chesteridge AveSouthaven, MS 38671
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Millington Flats
1 to 3 Bedroom Apartments

Millington Flats

7289 Raleigh Millington RdMillington, TN 38053
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Legacy Farm
1 to 3 Bedroom Apartments

Legacy Farm

1130 Legacy Farm CtCollierville, TN 38017
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Cedar Ridge
2 Bedroom Apartments

Cedar Ridge

6977 Amberly Village DrCordova, TN 38018

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 $612.

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 $1,722.

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 5,408 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 $588 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

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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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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.

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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.

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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.