
Cheap Apartments for Rent in Memphis, TN from $300 (609 Rentals) Page 4 of 13
Search the lowest-cost Apartments available for rent right now in Memphis.


MAA Southwind

Bickford Square Apartments

Courtyard @ Waring Park

Tranquility at Hickory Hill Senior Apartments

4015 Summer Ave

Stonewall Apartments

Den Apartments

Deauville Apartments

605 Patterson St

Total Monthly Price
Holmes Pointe Apartments

Park Terrace

Macon Crossing Apartments

Eleven60

Studio Rasa

Greenline Apartments

Indigo Riverview

1716 DuPont Ave

Faronia Square

Spottswood Manor

Faulkner Court Apartments

1751 Bismark St

1753 Bismark St

2098 Court Ave, Unit 2098 Upper Unit

Getwell Pointe Apartments

Iris Luxury Apartments

Twin Oaks

Landings At Winchester

Timberline Flats

1386 Court Ave

The Ellington at Kirby

Canterbury Woods Apartments

Hickory Forest

Exchange Building

528 East Dr

2300 Elzey Ave

The Chisca

Southwind Lakes Apartments

Autumn Ridge Apartments

MAA Kirby Station

Peabody Falls Apartments

280 Vance Flats

Deerfield Apartments

1315-1317 Halcomb Ln

Hawthorne on Adams Apartments

336 S Dudley St

2038 Southern Ave

National Rose Co.

Ashland Lakes Apartments

900 Brower St
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 | $1,059 | $547 | $7,990 |
| Cheap Memphis 1 Bedroom Apartments | $1,159 | $485 | $2,880 |
| Cheap Memphis 2 Bedroom Apartments | $1,292 | $495 | $5,900 |
| Cheap Memphis 3 Bedroom Apartments | $1,645 | $675 | $9,077 |
| Cheap Memphis 4 Bedroom Apartments | $1,515 | $645 | $6,731 |
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 $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

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.