Cheap Apartments for Rent in Memphis, TN from $300 (609 Rentals) Page 5 of 13

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

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Goodbar Townhomes
$995
Total Monthly Price

Total Monthly Price

Base Rent
$985
Required Monthly Fees
$10
Total Monthly Price
$995
2 Bedroom Apartments Available Now

Goodbar Townhomes

1300 Goodbar AveMemphis, TN 38104
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The Broadmoor Apartments
$995
Total Monthly Price

Total Monthly Price

Base Rent
$945
Required Monthly Fees
$50
Total Monthly Price
$995
2 Bedroom Apartments Available Now

The Broadmoor Apartments

290 S Cleveland StMemphis, TN 38104
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Hollywood Square
$995 - $1,150
Total Monthly Price

Total Monthly Price

Base Rent
$950 - $1,105
Required Monthly Fees
$45
Total Monthly Price
$995 - $1,150
2 to 3 Bedroom Apartments Available Now

Hollywood Square

170 N Hollywood StMemphis, TN 38112
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Downtown Memphis Flats
Rent Specials
$1,050 - $1,795
Total Monthly Price

Total Monthly Price

Base Rent
$1,030 - $1,775
Required Monthly Fees
$20
Total Monthly Price
$1,050 - $1,795
1 to 2 Bedroom Apartments Contact Us For Availability

Downtown Memphis Flats

100 Gayoso AveMemphis, TN 38103
Student Housing
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505 S Main St
$1,050 - $1,750
Total Monthly Price

Total Monthly Price

Base Rent
$1,050 - $1,750
Total Monthly Price
$1,050 - $1,750
1 Bedroom Apartment Available Now

505 S Main St

505 S Main StMemphis, TN 38103
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The Landing Residences
Rent Specials
$1,073 - $6,292
Total Monthly Price

Total Monthly Price

Base Rent
$1,015 - $6,234
Required Monthly Fees
$58
Total Monthly Price
$1,073 - $6,292
Studio to 2 Bedroom Apartments Available Now

The Landing Residences

1 Dr Martin Luther King Jr AveMemphis, TN 38103
Student Housing
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The Midline
Rent Specials
$1,075 - $1,350
Total Monthly Price

Total Monthly Price

Base Rent
$1,025 - $1,300
Required Monthly Fees
$50
Total Monthly Price
$1,075 - $1,350
2 Bedroom Apartments Available Now

The Midline

40 S Morrison StMemphis, TN 38104
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Showing Results 201-250, Page 5 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.