
Cheap Apartments for Rent in Memphis, TN from $300 (619 Rentals) Page 8 of 13
Search the lowest-cost Apartments available for rent right now in Memphis.


Harold Ford Senior Villas

Festival Square Apartments

Maureen Manor Apartments

Thompson Court Apartments

Rolling Hills Apartments

Cherry Gardens

Shady Oaks

Medical Center Apartments

Beacon Manor

4455 Macon Rd

Trezevant Apartments

Edgewood Townhomes

Camellia - Magnolia Gardens Apartments

April Woods

Windsor Place

Timber Pines Apartments

Thompson Heights

Serenity at Highland

Presidential West Apartments

Summit Park Apartments

SoMa 23

2086 Hubert Ave

Elite Living Residence

River City Heights Townhomes

Alpha Renaissance Apartments

Barron Court

University Crossings

Rhodes Townhomes

Winbranch Apartments

Scenic Hills Apartments

Eastern Heights

Allentown Mobile Home Park

35 N Idlewild St

Rivergrove

The Willows - Newly Renovated

1154 Wilson St

Pineland Apartments

Cleaborn Pointe at Heritage Senior Apartments

Manor Park Apartments

Westside Manor

Lapaloma Apartments

Washington Manor

Grahamwood Flats

Whitehaven Oaks Apartments

Crane Manor Apartments

Pershing Park Apartments

Idlewild Terrace

Gospel Gardens

Corning Village 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 | $7,985 |
| Cheap Memphis 1 Bedroom Apartments | $1,162 | $525 | $2,839 |
| Cheap Memphis 2 Bedroom Apartments | $1,285 | $550 | $4,900 |
| Cheap Memphis 3 Bedroom Apartments | $1,714 | $715 | $7,072 |
| Cheap Memphis 4 Bedroom Apartments | $1,319 | $640 | $2,690 |
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 $1,722.
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 5,408 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 $588 which is $1,134 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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.