
Cheap Apartments for Rent in Memphis, TN from $300 (619 Rentals) Page 9 of 13
Search the lowest-cost Apartments available for rent right now in Memphis.


3609-3625 Forrest Cv

Inland Suites Lamar

Eden Pointe

Southern Place West

Carnes Manor

Salem Manor Apartments

Lakeville Townhomes

Airways

Verano Townhomes

Corner Park

Villages at Harrison Creek

Bantam Apartments

Saints Court Apartments

Whispering Pines Apartments

Merriwether

669-677 Harrell St

1077 Merriwether Ave

Melrose Place Apartments

The Summit Apartments

Raintree Apartments

Coves at Yale

Charter Oak Apartments and Townhomes

Crescent Bluff

Crescent Bluff II

Lamar Crossing

Countryside North Apartments

Crockett Park Place

Stone Ridge at Germantown Falls

Fairway Manor Senior Living

BIRCHES TOWNHOMES

Cooper-Young Apartments

The Vinton

144 N. Belvedere

Cottonwood Apartments

The Junction

Monroe Flats

Stonewall Park Apartments

Courtyard @ 1460 Monroe

Grainge Hill Apartments

The Vue at Claudette Townhomes & Apartments

Glendale Park Apartments

Colonial Apartments

Mason Homes on 4th

The Marie

University Highlands Apartments

The Kendall

Brister Place Apartments

Almadura Apartments

Stonebrook 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
See all Apartments in MemphisExplore Memphis
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.