
Cheap Apartments for Rent in the Cypress Creek Neighborhood of Memphis, TN from $300 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Cypress Creek area of Memphis.


845 University St

1270 Overton Park Ave

University Gardens Manor

Overton Place

Uptown Square Apartments

Greenlaw Apartments

Parkway Place Apartments
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Love Midtown Apartments

Bickford Square Apartments

820 Maury St

528 East Dr

Kings Reserve Memphis
The Art of the Rental Viewing: What to look for during a property tour
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.
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Cypress Creek, Memphis, TN Local Guide

How much does it cost to rent an apartment in Cypress Creek?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cypress Creek Studio Apartments | $1,141 | $725 | $1,916 |
Cypress Creek 1 Bedroom Apartments | $1,405 | $625 | $3,062 |
Cypress Creek 2 Bedroom Apartments | $1,717 | $709 | $3,149 |
Cypress Creek 3 Bedroom Apartments | $1,948 | $995 | $4,500 |
Cypress Creek 4 Bedroom Apartments | $1,895 | $1,390 | $2,400 |
Browse Apartments in this Neighborhood
There are currently 24 rentals with your search options within a 2 mile radius of the Cypress Creek Neighborhood of Memphis, TN.
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Cypress Creek, Memphis, TN Local Guide
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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 $709. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
University Gardens Manor | 2x1 Classic | 2BR,1BA | $709 |
Overton Place | Studio | Studio,1BA | $725 |
Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $795 |
The Kendall | 2BR/1.0BA | 2BR,1BA | $813 |
Parkway Place Apartments | Studio | Studio,1BA | $850 |
Best Value Apartments for Rent in Cypress Creek, TN
As of June 16, 2025 the best value apartment in the Cypress Creek area is the $1.26 price per square foot 1352 Faxon Ave Model at 1352 Faxon Ave in the in the Midtown Memphis neighborhood starting from $2,400. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1352 Faxon Ave | 1352 Faxon Ave | 4BR,2.5BA | $1.26 |
1468 Snowden Ave | Spacious | 2BR,1.5BA | $0.89 |
The Metropolitan and Greenlaw Place Apartments | Metropolitan Two Bedroom | 2BR,2BA | $0.88 |
Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $0.84 |
Woodglen Village | Two Bedroom One Bathroom | 2BR,1BA | $1.09 |
University Gardens Manor | Gold Unit | 2BR,1BA | $1.19 |
Legends Park Apartments | 1 Bedroom Tax Credit*** | 1BR,1BA | $1.38 |
The Kendall | 2BR/1.0BA | 2BR,1BA | $1.22 |
Love Midtown Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.37 |
Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $1.22 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleCypress Creek, Memphis, TN
Ranked #57
Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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 Love Midtown Apartments which is listed at $890, while the average apartment in Cypress Creek costs $1,895.
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 58 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 $408 which is $1,487 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.

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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.