Cheap Apartments for Rent in the Crosstown Neighborhood of Memphis, TN from $500 (38 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Crosstown 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.

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230 Cochran St
2 Bedroom Apartments

230 Cochran St

230 Cochran StMemphis, TN 38105
  • Utilities Included

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Peach Apartments
1 Bedroom Apartments

Peach Apartments

1330 Peach AveMemphis, TN 38104
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288 Leath St
1 Bedroom Apartments

288 Leath St

288 Leath StMemphis, TN 38105
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1111 N Parkway
1 Bedroom Apartments

1111 N Parkway

1111 N ParkwayMemphis, TN 38105
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Merriwether
1 Bedroom Apartments

Merriwether

1095 Merriwether AveMemphis, TN 38105
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Almadura Apartments
Studio to 2 Bedroom Apartments

Almadura Apartments

175 Stonewall StMemphis, TN 38104

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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.

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Crescendo Apartments
1 to 2 Bedroom Apartments

Crescendo Apartments

1386 Court AveMemphis, TN 38104
Student Housing

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.

property at 445 Garland St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

445 Garland St

MemphisTN38104
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226 N McNeil St
1 to 2 Bedroom Apartments

226 N McNeil St

226 N McNeil StMemphis, TN 38112
  • Utilities Included

Crosstown, Memphis, TN Local Guide

Cheapest Available Crosstown Apartments for Rent

 

The cheapest available apartment rental in the Crosstown area of Memphis, TN is a 1 Bed unit found at 288 Leath St priced from $625. Overton Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here are the most affordable Crosstown apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
288 Leath St1 Beds, 1 Baths1BR,1BA$625
Overton PlaceStudio1BR,1BA$725
Merriwether1 Bedroom, 1 Bathroom1BR,1BA$750
The Pulse Apartments1 Bedroom 1 Bathroom1BR,1BA$779
The Drew1 Bedroom 1 Bathroom1BR,1BA$800
Stonewall Apartments2 Bed 1.5 Bath2BR,1BA$895
Deauville Apartments1 Bed, 1 bath1BR,1BA$895
Eleven60Midtown 2 bedroom2BR,1BA$899
Studio RasaEfficiencyStudio,1BA$899
Faulkner Court Apartments1 Bedroom Apt1BR,1BA$900

Best Value Apartments for Rent in Crosstown, TN

As of June 08, 2026 the best value apartment in the Crosstown area is the $1.26 price per square foot 2 Beds, 2 Baths Model at 201-203 Stonewall St in the in the Midtown Memphis neighborhood starting from $2,600. The second greatest value Crosstown apartment is the 2 Bed 1.5 Bath Model at Stonewall Apartments starting at $895 with a $0.81 price per square foot in the Midtown Memphis neighborhood. Here is today’s list of the best values for Crosstown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
201-203 Stonewall St2 Beds, 2 Baths2BR,2BA$1.26
Stonewall Apartments2 Bed 1.5 Bath2BR,1.5BA$0.81
Legends Park Apartments2 Bedroom Townhouse2BR,1.5BA$1.30
Deauville Apartments2 Beds, 1 bath2BR,1BA$1.41
Clark Terrace Apartments1/11BR,1BA$1.57
The Drew1 Bedroom 1 Bathroom1BR,1BA$1.14
1161 Poplar2x1U2BR,1BA$1.67
Merriwether1 Bedroom, 1 Bathroom1BR,1BA$1.25
Faulkner Court Apartments1 Bedroom Apt1BR,1BA$1.50
Overton PlaceStudioStudio ,1BA$1.42

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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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.

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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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Pet Friendly Lifestyle
Crosstown, Memphis, TN

Ranked #56

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Crosstown Apartments

What is a cheap apartment in Crosstown?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Crosstown is under $900.

What is the price of a cheap apartment in Crosstown?

The cheapest apartment in Crosstown is 288 Leath St which is listed at $625, while the average apartment in Crosstown costs $1,400.

What types of apartments are the cheapest in Crosstown?

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 74 regular apartments in Crosstown 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.

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