
Cheap Apartments for Rent in Memphis, TN from $300 (610 Rentals) Page 6 of 13
Search the lowest-cost Apartments available for rent right now in Memphis.


240 Flats

266 Lofts

200 Stonewall St

628 Madison Ave

1511 Jackson Ave

Wilson Crossing Townhomes: Your Spacious, ...

The Franklin

Fieldstone

Harbor Side at Conwood Flats Apartments

Furnished Studio-Memphis - Wolfchase Galleria

The Landing Residences

The Birches Apartment Homes

Kiwi Goji

50 Peabody Place

Urban Loft Co. Memphis- Utilties Included

3752 Cambridge Station Dr

2053 Linden Ave, Apt 1, Unit 1

Furnished Studio-Memphis - Airport

Springs at Buckingham Farms

City Place at Germantown Apartments

Dream Germantown

The Tennessee Brewery Apartments

Brookhaven Lofts

Downtown Studio Suites- All Included

41 S McLean Blvd, Unit #3 upstairs

Madison at McLean

Island Park/Harbor Town Square

The Rise Apartments

Crescent at Wolfchase Apartment Homes

Miller Creek at Germantown Apartments

Belle Harbour Apartments

The Flats at Overton

Conwood Flats Apartment Homes

The Villas at Germantown

Waterford Place Apartment Homes

The Citizen Apartments

Highpoint at The Greenline

Fairfax Manor Townhomes

119 Barksdale Ct

The Melrose Midtown

Grand Island Apartments

Arbors Harbor Town
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 | $1,043 | $560 | $1,888 |
| Cheap Memphis 1 Bedroom Apartments | $1,177 | $525 | $10,000+ |
| Cheap Memphis 2 Bedroom Apartments | $1,317 | $610 | $5,900 |
| Cheap Memphis 3 Bedroom Apartments | $1,692 | $759 | $6,948 |
| Cheap Memphis 4 Bedroom Apartments | $1,371 | $599 | $5,568 |
Browse Top Apartments in Memphis
See all Apartments in MemphisExplore Memphis
Getting Around Memphis, TN
Walk Score®
50 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
50 / 100
Bikeable
Some bike infrastructure
Transit Score®
29 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $629.
What is the price of a cheap apartment in Memphis?
The cheapest apartment in Memphis is 4015 Summer Ave which is listed at $550, while the average apartment in Memphis costs $3,314.
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 5,508 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 $554 which is $2,760 cheaper than the average rent for all rentals in Memphis.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.






