close
View Me
Rent Specials
$1,285Studio Apartments Available Apr 17
The Oliver Luxury Apartments
7 Vance AveMemphis, TN 38103
Cheap Studio Apartments for Rent in Memphis, TN from $547 (70 Rentals) Page 2 of 2
close
View Me
$1,289Studio Apartments Available Now
Furnished Studio-Memphis - Quail Hollow
6325 N Quail Hollow RdMemphis, TN 38120
close
View Me
Rent Specials
$1,300 - $1,500Studio Apartments Contact Us For Availability
Parkview Apartments
1914 Poplar AveMemphis, TN 38104
close
View Me
Studio Apartments
Chicago Park Place Apartments
1415 Breedlove StMemphis, TN 38107
close
View Me
Studio Apartments
The Belle
3375 Southern AveMemphis, TN 38111
close
View Me
Studio Apartments
SoMa 23
23 S Pauline StMemphis, TN 38104
close
View Me
Studio Apartments
Elite Living Residence
5225 Summer AveMemphis, TN 38122
close
View Me
Studio Apartments
Serenity at Highland
400 S Highland StMemphis, TN 38111
close
View Me
Studio Apartments
Rivergrove
4000 Rio Lobo DrMemphis, TN 38128
close
View Me
Studio Apartments
Corner Park
4150 Winchester RdMemphis, TN 38118
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.
close
View Me
Studio Apartments
The Embassy Apartments
505 S Perkins RdMemphis, TN 38117
close
View Me
Studio Apartments
The Alma
190 N Auburndale StMemphis, TN 38112
close
View Me
Studio Apartments
Pinewood Manor
4260 E Peggy Jo DrMemphis, TN 38116
close
View Me
Studio Apartments
The Courts Midtown
1391 Court AveMemphis, TN 38104
close
View Me
Studio Apartments
W.L.
267 S Main StMemphis, TN 38103
close
View Me
Studio Apartments
Hope Heights Tower
383 Madison AveMemphis, TN 38103
close
View Me
Studio Apartments
Main Street Flats
101 S Main StMemphis, TN 38103
close
View Me
Studio Apartments
Pembroke Square Apartments
125 Gayoso AveMemphis, TN 38103
close
View Me
$1,119 - $1,429Studio Apartments Available Now
Springs at Colonial
2925 Countrywood PkyCordova, TN 38016
close
View Me
Studio Apartments
New Frontier
115 S 20th StWest Memphis, AR 72301
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 | $1,017 | $547 | $1,978 |
| Memphis 1 Bedroom Apartments | $1,150 | $485 | $2,880 |
| Memphis 2 Bedroom Apartments | $1,289 | $595 | $5,900 |
| Memphis 3 Bedroom Apartments | $1,662 | $675 | $6,083 |
| Memphis 4 Bedroom Apartments | $1,536 | $625 | $6,270 |
Explore Memphis
Let everyone know!
Do you know the Memphis area?
If you’re an expert on all things Memphis, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 $617.
What is the price of a cheap apartment in Memphis?
The cheapest apartment in Memphis is Emberly Apartments which is listed at $547, while the average apartment in Memphis costs $2,571.
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 8,310 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 $553 which is $2,018 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.
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.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.