Cheap Apartments for Rent in Memphis, TN from $300 (609 Rentals) Page 2 of 13

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

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Cherry Creek Apartments
$750 - $875
Total Monthly Price

Total Monthly Price

Base Rent
$727 - $852
Required Monthly Fees
$23
Total Monthly Price
$750 - $875
1 to 3 Bedroom Apartments Available Now

Cherry Creek Apartments

1460 Cherry RdMemphis, TN 38117
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Lexington Apartments
$765 - $915
Total Monthly Price

Total Monthly Price

Base Rent
$750 - $900
Required Monthly Fees
$15
Total Monthly Price
$765 - $915
1 to 3 Bedroom Apartments Contact Us For Availability

Lexington Apartments

4123 Aux Arms DrMemphis, TN 38128
Cost Per Sq.Ft.
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  • Low Income
  • 3D Tour
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Annie's Townhomes
Rent Specials
$775 - $895
Total Monthly Price

Total Monthly Price

Base Rent
$712 - $832
Required Monthly Fees
$63
Total Monthly Price
$775 - $895
1 to 3 Bedroom Apartments Available Now

Annie's Townhomes

2603 Pojest DrMemphis, TN 38127
Cost Per Sq.Ft.
  • Verified
  • Customer Reviewed
  • 3D Tour
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Sutton at Shelby
$780 - $1,175
Total Monthly Price

Total Monthly Price

Base Rent
$730 - $1,125
Required Monthly Fees
$50
Total Monthly Price
$780 - $1,175
1 to 3 Bedroom Apartments Available Now

Sutton at Shelby

1760 Chancery StMemphis, TN 38116
Affordability
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  • Customer Reviewed
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property at 820 Maury St

$775 - $785

1 Bedroom Rentals

Available Now

820 Maury St

MemphisTN38107
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Beverly Springs
Rent Specials
$795 - $995
Total Monthly Price

Total Monthly Price

Base Rent
$720 - $920
Required Monthly Fees
$75
Total Monthly Price
$795 - $995
2 to 3 Bedroom Apartments Available Now

Beverly Springs

2879 Beverly Hills RdMemphis, TN 38128
Senior Living
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  • Utilities Included
Showing Results 51-100, Page 2 of 13

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 $2,591.

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 5,650 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 $572 which is $2,019 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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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.

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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.

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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.