
Cheap Apartments for Rent in Memphis, TN from $525 (660 Rentals) Page 3 of 14
Search the lowest-cost Apartments available for rent right now in Memphis.


Sherwood Flats

Woodtrail Apartment

Graham Square Apartments

Imperial Arms Apartments

1659 Southern Ave

3583 Watauga Ave

2395 Avery Ave

754-756 Breedlove St

Azur Tower
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Mendenhall Gardens

Greenbrook at Shelby Farms

The Canopy 2200

Covington Hills

Hickory Farms

The Park at New Castle

Cedarwood Apartments

The Sylvia

The Drew

3540 Christine Rd
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The Boulevard

The Gilmore Apartments

Townhomes @ 2115

Sycamore Lake

Greenline Apartments

The Courtyard Apartments

Macon Manor

1235 Vinton Ave

1202-1204 Tutwiler Ave

Shadowbrook Townhomes

The Nova Apartments

The Local Apartments

1778 Brown Ave

The Bonsai at Central Gardens

574 N 4th St

1058 Poplar Ave

2385 Staten Ave

1053 Treadwell St

Crossings at Fox Meadows

Hickory Pointe

The Parkway

Ridgeway Pines

Parkway Place Apartments

The Landing on the Strip

Macon Crossing Apartments

Watkins Manor

Aspen Parc

MAA Southwind

Audubon Downs

Fielder Square
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 | $1,038 | $547 | $1,888 |
| Cheap Memphis 1 Bedroom Apartments | $1,117 | $495 | $3,312 |
| Cheap Memphis 2 Bedroom Apartments | $1,256 | $550 | $4,978 |
| Cheap Memphis 3 Bedroom Apartments | $1,629 | $575 | $4,109 |
| Cheap Memphis 4 Bedroom Apartments | $1,457 | $550 | $3,835 |
Browse Top Apartments in Memphis
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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 $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 $1,112.
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 7,940 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 $570 which is $542 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.
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