
Cheap Apartments for Rent in Memphis, TN from $300 (609 Rentals) Page 7 of 13
Search the lowest-cost Apartments available for rent right now in Memphis.


Total Monthly Price
Metro67

Brinkleys Apartments

The Flats at Overton

3736 Cambridge Station Dr

Parkview Apartments

2097 Sharon Ln

Parkway Arms Apartments

665 E Pkwy S

Mississippi Court Apartments

411 Tillman St

Chicago Park Place Apartments

Watkins Manor

321 Pauline St

Pleasant View Apartments

Carriage House

Crockett Park Place

Breezy Point Apartments

Rehab/QCT

Whitney Manor Apartments

Ivy Chase Apartments

Addison 1 Apartments

Birchleaf Apartments

Valley Forge

Sterling Townhomes

Westwood Manor Elderly Cottages

Dogwood Trace

Coronado Manor

2238 Howell Ave

Divine Properties Complex

3335 Henry Ave

Bridgeport Manor

Campus View

230 Cochran St

Peach Apartments

Cedar Creek Apartments

The Belle

Cavelier Court Apartments

Aspen Parc

Greenbriar Apartments

165 N Merton

Harmony Woods

Harold Ford Senior Villas

Macon Manor North

Festival Square Apartments

Thompson Court Apartments

Maureen Manor Apartments

Rolling Hills Apartments

Cherry Gardens

Medical Center Apartments
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.