
Low Income Apartments for Rent in Memphis, TN from $800 (18 Rentals)


4015 Summer Ave

Aspen Parc

Ruby Oaks Apartments

Linden Yards Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Bickford Square Apartments

Faulkner Court Apartments

Mendenhall Gardens

Southwind Lakes Apartments

Tillman Cove

Ashland Lakes Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

The Birches Apartment Homes

Overton Garden Apartments

Barton Court Apartments

Meadows West Memphis

The Luxe of Southaven

The Trace at 161
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Memphis, TN Local Guide

How much does it cost to rent an apartment in Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Memphis Studio Apartments | $1,064 | $547 | $7,985 |
| Memphis 1 Bedroom Apartments | $1,158 | $525 | $2,840 |
| Memphis 2 Bedroom Apartments | $1,280 | $550 | $4,700 |
| Memphis 3 Bedroom Apartments | $1,703 | $715 | $7,113 |
| Memphis 4 Bedroom Apartments | $1,309 | $640 | $2,640 |
Explore Memphis

Memphis, TN Local Guide
- Memphis Neighborhoods
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College Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive
Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Memphis, TN Rentals by Map
See the most popular apartments and homes in Memphis, TN
Frequently Asked Questions about Low Income Memphis Apartments
What is the Cheapest Low Income apartment in Memphis?
Currently the most affordable Low Income Apartment in Memphis is at Longview Gardens listed at $555.
How much is the average rent for a Low Income Memphis Apartment?
The average rent for a Low Income Apartment in Memphis is $994.
What is the largest Low Income Memphis Apartment for rent?
Today's Low Income apartment with the most square footage in Memphis is a 1,915 square feet unit starting from $991 at Tillman Cove.
What is the average size for Memphis Low Income Apartments for rent?
The average size for a Low Income rental in Memphis is currently at 731 sq ft.
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.
