Cheap Apartments for Rent in the Cypress Creek Neighborhood of Memphis, TN from $300 (26 Rentals)

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

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property at 820 Maury St

$775 - $785

1 Bedroom Rentals

Available Now

820 Maury St

MemphisTN38107

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Watkins Manor
1 to 3 Bedroom Apartments

Watkins Manor

2643 N Watkins StMemphis, TN 38127
  • Utilities Included
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2238 Howell Ave
1 to 2 Bedroom Apartments

2238 Howell Ave

2238 Howell AveMemphis, TN 38108

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

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April Woods
2 to 3 Bedroom Apartments

April Woods

262 Chelsea AveMemphis, TN 38107
  • Utilities Included
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2086 Hubert Ave
2 Bedroom Apartments

2086 Hubert Ave

2086 Hubert AveMemphis, TN 38108
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The Kendall
2 Bedroom Apartments

The Kendall

1018 N 7th StMemphis, TN 38107

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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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Looney Apartments
2 Bedroom Apartments

Looney Apartments

693 Looney AveMemphis, TN 38107
  • Smoke Free

Cypress Creek, Memphis, TN Local Guide

Cheapest Available Cypress Creek Apartments for Rent

 

The cheapest available apartment rental in the Cypress Creek area of Memphis, TN is a 2 Beds unit found at University Gardens Manor priced from $659. Greenlaw Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $750. Here are the most affordable Cypress Creek apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
University Gardens Manor2x1 Classic2BR,1BA$659
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$750
Uptown Square ApartmentsStudio - HandicappedStudio,1BA$760
The Kendall2BR/1.0BA2BR,1BA$815
Kings Reserve MemphisBeale Grande1BR,1BA$825
Overton Place2 Bedroom Gardens I2BR,1BA$825
Parkway Place ApartmentsStudioStudio,1BA$850
Bickford Square Apartments2BR/2BA2BR,2BA$895
Uptown Flats1-B1BR,1BA$955

Best Value Apartments for Rent in Cypress Creek, TN

As of January 28, 2026 the best value apartment in the Cypress Creek area is the $1.01 price per square foot Three Bedroom Two Bathroom Model at Woodglen Village in the in the Frayser neighborhood starting from $1,113. The second greatest value Cypress Creek apartment is the 2BR/2BA Model at Bickford Square Apartments starting at $895 with a $0.84 price per square foot in the Downtown Memphis neighborhood. Here is today’s list of the best values for Cypress Creek apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Woodglen VillageThree Bedroom Two Bathroom3BR,2BA$1.01
Bickford Square Apartments2BR/2BA2BR,2BA$0.84
Legends Park Apartments2 Bedroom Townhouse2BR,1.5BA$1.30
The Galloway @ EvergreenThe Evergreen2BR,1.5BA$1.25
University Gardens ManorGold Unit2BR,1BA$1.19
Uptown Flats1-A Type B1BR,1BA$1.27
Overton Place1 Bedroom Victorian (Renovated)1BR,1BA$1.25
The Kendall2BR/1.0BA2BR,1BA$1.22
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$1.15
Parkway Place ApartmentsStudioStudio ,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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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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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
Cypress Creek, Memphis, TN

Ranked #50

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 Cypress Creek Apartments

What is the Cheapest Studio apartment in Cypress Creek?

Currently the most affordable Cheap Studio Apartment in Cypress Creek is at Uptown Square Apartments listed at $760.

How much is rent for a Cheap One Bedroom Cypress Creek Apartment?

The lowest price for a Cheap One Bedroom Cypress Creek Apartment is $659 at University Gardens Manor.

What is the lowest price for a Cheap Two Bedroom Cypress Creek Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Cypress Creek is starting from $659 at University Gardens Manor.

What is the most affordable Cypress Creek Three Bedroom Apartment?

The best deal on a cheap Cypress Creek Three Bedroom Apartment rental is at Bickford Square Apartments and starts from $995.

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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.