Cheap Apartments for Rent in the Cooper Young Neighborhood of Memphis, TN from $600 (33 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Cooper Young area of Memphis.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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.

property at 1936 E McLemore Ave

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

3 Bedroom, 1 Bath Home for Rent

Available Now

1936 E McLemore Ave

MemphisTN38114

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

close
View Me
2246 Vinton Ave
2 Bedroom Apartments

2246 Vinton Ave

2246 Vinton AveMemphis, TN 38104
property at 2086 Harbert Ave

$1,370

Total Monthly Price

Total Monthly Price

Base Rent
$1,370

Total Monthly Price
$1,370

2 Bedroom, 1 Bath Home for Rent

Available Now

2086 Harbert Ave

MemphisTN38104

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.

Cooper Young, Memphis, TN Local Guide

Cheapest Available Cooper Young Apartments for Rent

 

The cheapest available apartment rental in the Cooper Young area of Memphis, TN is a 1 Bed unit found at Melrose Court Apartments priced from $695. Central Gardens has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here are the most affordable Cooper Young apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Melrose Court Apartments1 Bed, 1 bath1BR,1BA$695
Central GardensStudio One Bath1BR,1BA$775
The Bonsai at Central GardensStudio without Washer/DryerStudio,1BA$849
Peabody PlaceO5 0ne Bedroom1BR,1BA$900
The Wendell1BR/1.0BA1BR,1BA$950
Peabody Falls Apartments2 BDRM, 1BTH2BR,1BA$950
The Broadmoor Apartments2BR/1.0BA2BR,1BA$995
The Linden1 Bedroom 1 Bath1BR,1BA$999
Belvedere Place2x1A2BR,1BA$1,199
The Citizen ApartmentsA11BR,1BA$1,238

Best Value Apartments for Rent in Cooper Young, TN

As of April 27, 2026 the best value apartment in the Cooper Young area is the $1.04 price per square foot 3 Bed 2 Bath Model at Parkway Arms Apartments in the in the East Memphis neighborhood starting from $1,450. The second greatest value Cooper Young apartment is the 2BR/1.0BA Model at The Broadmoor Apartments starting at $995 with a $0.90 price per square foot in the Medical District neighborhood. Here is today’s list of the best values for Cooper Young apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Parkway Arms Apartments3 Bed 2 Bath3BR,2BA$1.04
The Broadmoor Apartments2BR/1.0BA2BR,1BA$0.90
212 S Willett St2 Bed 1 Bath2BR,1BA$1.35
Belvedere Place2x1A2BR,1BA$1.23
The MidtownerMidTowner2BR,1BA$1.05
The Linden2 Bedroom 1 Bath1BR,1BA$1.40
Peabody PlaceO5 0ne Bedroom1BR,1BA$1.13
The Wendell1BR/1.0BA1BR,1BA$1.41
Melrose Court Apartments1 Bed, 1 bath1BR,1BA$1.16
Central GardensStudio One Bath1BR,1BA$1.46

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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 Article
Decorative image

Don'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 Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Cooper Young, Memphis, TN

Ranked #41

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Cooper Young Apartments

What is a cheap apartment in Cooper Young?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Cooper Young is under $1,238.

What is the price of a cheap apartment in Cooper Young?

The cheapest apartment in Cooper Young is Melrose Court Apartments which is listed at $695, while the average apartment in Cooper Young costs $2,150.

What types of apartments are the cheapest in Cooper Young?

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 124 regular apartments in Cooper Young that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

decorative image for Affordable Memphis: The Best Lower Priced Neighborhoods with Character  article

Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.