
Cheap Studio Apartments for Rent in Memphis, TN from $547 (66 Rentals) Page 2 of 2


Serenity at Highland

Rivergrove

Corner Park

The Junction

The Embassy Apartments

The Alma

The Courts Midtown

Pinewood Manor

Exchange Building
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.

W.L.

Hope Heights Tower

Main Street Flats

Pembroke Square Apartments

Springs at Colonial

New Frontier
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 | $1,074 | $547 | $7,990 |
| Memphis 1 Bedroom Apartments | $1,161 | $485 | $2,850 |
| Memphis 2 Bedroom Apartments | $1,307 | $495 | $4,900 |
| Memphis 3 Bedroom Apartments | $1,735 | $675 | $6,310 |
| Memphis 4 Bedroom Apartments | $1,473 | $650 | $6,188 |
Explore 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 $613.
What is the price of a cheap apartment in Memphis?
The cheapest apartment in Memphis is Emberly (NEW) which is listed at $547, while the average apartment in Memphis costs $2,586.
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 5,593 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 $549 which is $2,037 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.
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