Cheap Apartments for Rent in the Crosstown Neighborhood of Memphis, TN from $500 (26 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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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.

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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

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.

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Almadura Apartments
Studio to 2 Bedroom Apartments

Almadura Apartments

175 Stonewall StMemphis, TN 38104
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Crescendo Apartments
1 to 2 Bedroom Apartments

Crescendo Apartments

1386 Court AveMemphis, TN 38104
Student Housing

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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226 N McNeil St
1 to 2 Bedroom Apartments

226 N McNeil St

226 N McNeil StMemphis, TN 38112
  • Utilities Included
Showing Results 1-26, Page 1 of 1

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 Studio unit found at Overton Place priced from $725. The Pulse Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $779. Here are the most affordable Crosstown apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Overton PlaceStudioStudio,1BA$725
The Pulse Apartments1 Bedroom 1 Bathroom1BR,1BA$779
The Drew1 Bedroom 1 Bathroom1BR,1BA$800
Studio RasaEfficiencyStudio,1BA$850
Deauville Apartments1 Bed, 1 bath1BR,1BA$895
Stonewall Apartments2 Bed 1.5 Bath2BR,1BA$895
Eleven60Midtown 2 bedroom2BR,1BA$899
Faulkner Court Apartments1 Bedroom Apt1BR,1BA$900
Iris Luxury ApartmentsS01Studio,1BA$956
Legends Park ApartmentsOne Bedroom1BR,1BA$1,000

Best Value Apartments for Rent in Crosstown, TN

As of April 23, 2026 the best value apartment in the Crosstown area is the $0.81 price per square foot 2 Bed 1.5 Bath Model at Stonewall Apartments in the in the Midtown Memphis neighborhood starting from $895. The second greatest value Crosstown apartment is the 2 Bedroom Townhouse Model at Legends Park Apartments starting at $1,250 with a $1.30 price per square foot in the Medical District 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.
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 Courtyard at Ironworks2 Bedroom, 1 Bathroom2BR,1BA$1.78
The Drew1 Bedroom 1 Bathroom1BR,1BA$1.14
Faulkner Court Apartments1 Bedroom Apt1BR,1BA$1.50
200 Stonewall St1 Bed / 1 Bath1BR,1BA$1.87
1161 Poplar1x1U1BR,1BA$1.91
Overton PlaceStudioStudio ,1BA$1.42

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.

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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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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.

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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.

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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 #62

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 $1,000.

What is the price of a cheap apartment in Crosstown?

The cheapest apartment in Crosstown is The Pulse Apartments which is listed at $779, 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 82 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.

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.

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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.

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.

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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.