Cheap Apartments for Rent in the Cypress Creek Neighborhood of Memphis, TN from $300 (29 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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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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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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Looney Apartments
2 Bedroom Apartments

Looney Apartments

693 Looney AveMemphis, TN 38107
  • Smoke Free
Showing Results 1-29, Page 1 of 1

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. Kings Reserve Memphis has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable Cypress Creek apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
University Gardens Manor2x1 Classic2BR,1BA$659
Kings Reserve MemphisPeabodyStudio,1BA$725
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$750
Uptown Square ApartmentsStudio - HandicappedStudio,1BA$760
The Kendall2BR/1.0BA2BR,1BA$815
Parkway Place ApartmentsStudioStudio,1BA$850
Overton Place2 Bedroom Gardens II2BR,1BA$875
Bickford Square Apartments2BR/2BA2BR,2BA$895
1716 DuPont Ave2 Bed 1 Bed2BR,1BA$900

Best Value Apartments for Rent in Cypress Creek, TN

As of March 14, 2026 the best value apartment in the Cypress Creek area is the $0.84 price per square foot 2BR/2BA Model at Bickford Square Apartments in the in the Downtown Memphis neighborhood starting from $895. The second greatest value Cypress Creek 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 Cypress Creek apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bickford Square Apartments2BR/2BA2BR,2BA$0.84
Legends Park Apartments2 Bedroom Townhouse2BR,1.5BA$1.30
Woodglen VillageTwo Bedroom One Bathroom2BR,1BA$1.09
Overton Place2 Bedroom Gardens II2BR,1.5BA$1.09
The Galloway @ EvergreenThe Evergreen2BR,1.5BA$1.37
University Gardens ManorGold Unit2BR,1BA$1.19
The Kendall2BR/1.0BA2BR,1BA$1.22
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$1.15
Parkway Place ApartmentsStudioStudio ,1BA$1.42
1716 DuPont Ave2 Bed 1 Bed2BR,1BA$1.57

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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

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Cypress Creek Apartments

What is a cheap apartment in Cypress Creek?

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

What is the price of a cheap apartment in Cypress Creek?

The cheapest apartment in Cypress Creek is University Gardens Manor which is listed at $659, while the average apartment in Cypress Creek costs $6,942.

What types of apartments are the cheapest in Cypress Creek?

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 158 regular apartments in Cypress Creek that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Cypress Creek?

Cheap apartments in Cypress Creek have an average cost of $694 which is $6,248 cheaper than the average rent for all rentals in Cypress Creek.

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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