Apartments for Rent in Memphis, TN Under $700 with Washer/Dryer (40 Rentals)

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Affordable Memphis: The Best Neighborhoods with Character and Lower Rents

Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

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4659 Cottonwood Rd
1 Bedroom Apartments

4659 Cottonwood Rd

4659 Cottonwood RdMemphis, TN 38118
Furnished
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Edgewood Townhomes
2 Bedroom Apartments

Edgewood Townhomes

1903 S Parkway EMemphis, TN 38114
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Dogwood Trace
1 to 2 Bedroom Apartments

Dogwood Trace

4635 Forest Oak WayMemphis, TN 38118
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Bridgeport Manor
1 to 2 Bedroom Apartments

Bridgeport Manor

1368-1438 E Winchester RdMemphis, TN 38116
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Campus View
1 to 2 Bedroom Apartments

Campus View

3606 Walker AveMemphis, TN 38111
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Peach Apartments
1 Bedroom Apartments

Peach Apartments

1330 Peach AveMemphis, TN 38104

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Harmony Woods
2 to 3 Bedroom Apartments

Harmony Woods

3384 Harmony CtMemphis, TN 38122
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April Woods
2 to 3 Bedroom Apartments

April Woods

262 Chelsea AveMemphis, TN 38107
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Serenity at Highland
Studio to 1 Bedroom Apartments

Serenity at Highland

400 S Highland StMemphis, TN 38111
Senior Living
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Thompson Heights
2 Bedroom Apartments

Thompson Heights

1566 Stribling StMemphis, TN 38111
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Winbranch Apartments
1 to 2 Bedroom Apartments

Winbranch Apartments

3551 Dalebranch DrMemphis, TN 38116
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Barron Court
2 Bedroom Apartments

Barron Court

3015 Barron AveMemphis, TN 38114

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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35 N Idlewild St
Studio to 2 Bedroom Apartments

35 N Idlewild St

35 N Idlewild StMemphis, TN 38104
Corporate Housing
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Crane Manor Apartments
1 to 2 Bedroom Apartments

Crane Manor Apartments

2295 Candlewyck CirMemphis, TN 38114
  • Utilities Included

Memphis, TN Local Guide

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!

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Real 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.

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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Memphis Apartments with Washer/Dryer

What is the Cheapest Washer/Dryer apartment in Memphis?

Currently the most affordable Apartment in Memphis with Washer/Dryer is at Edison Park listed at $525.

How much is the average rent for Memphis Apartments with Washer/Dryer?

The average rent for a Apartment in Memphis with Washer/Dryer is $1,350.

What is the largest Memphis Apartment for rent with Washer/Dryer?

Today's Apartment with Washer/Dryer and the most square footage in Memphis is a 2,295 square feet unit starting from $1,400 at The Oliver Luxury Apartments.

What is the average size for Memphis Apartments for rent with Washer/Dryer?

The average size for a rental with Washer/Dryer in Memphis is currently at 724 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

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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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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.

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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.

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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.