Cheap Apartments for Rent in the Cypress Creek Neighborhood of Memphis, TN from $300 (23 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

820 Maury St

MemphisTN38107
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Watkins Manor
1 Bedroom Apartments

Watkins Manor

2643 N Watkins StMemphis, TN 38127
  • Utilities Included

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Unexpected life events can force you to break your lease. Learn how to communicate with your landlord, negotiate a solution, and understand your legal options for early termination.

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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

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 1 Bed unit found at University Gardens Manor priced from $659. Overton Place 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 Manor1x1 Classic1BR,1BA$659
Overton PlaceStudioStudio,1BA$725
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$795
The Kendall2BR/1.0BA2BR,1BA$799
Love Midtown Apartments1 Bed 1 Bath1BR,1BA$890

Best Value Apartments for Rent in Cypress Creek, TN

As of August 01, 2025 the best value apartment in the Cypress Creek area is the $1.16 price per square foot 1352 Faxon Ave Model at 1352 Faxon Ave in the in the Midtown Memphis neighborhood starting from $2,195. The second greatest value Cypress Creek apartment is the Spacious Model at 1468 Snowden Ave starting at $1,500 with a $0.89 price per square foot in the Midtown 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.
1352 Faxon Ave1352 Faxon Ave4BR,2.5BA$1.16
1468 Snowden AveSpacious2BR,1.5BA$0.89
Bickford Square Apartments2BR/2BA2BR,2BA$0.84
Legends Park Apartments2 Bedroom Townhouse2BR,1.5BA$1.30
Woodglen VillageTwo Bedroom One Bathroom2BR,1BA$1.09
The Galloway @ EvergreenThe Evergreen2BR,1.5BA$1.25
University Gardens ManorGold Unit2BR,1BA$1.19
The Kendall2BR/1.0BA2BR,1BA$1.20
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$1.22
Love Midtown Apartments1 Bed 1 Bath1BR,1BA$1.37

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Pet Friendly Lifestyle
Cypress Creek, Memphis, TN

Ranked #60

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 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 $953.

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 $3,347.

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 10 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 $165 which is $3,182 cheaper than the average rent for all rentals in Cypress Creek.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.