Cheap Homes for Rent in Cypress Creek Neighborhood of Memphis, TN from $600 (51 Rentals)
Search the lowest-cost Homes available for rent right now in the Cypress Creek area of Memphis.

845 University St

802 N Dunlap St

736 N Montgomery St

1290 N McNeil St

1345 Halcomb Ln

869 Pearce St

1030 Kney St

1034 Kney St

728 N Montgomery St
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.

1742 Brown Ave

1740 Brown Ave

1078 N Evergreen St

1080 N Evergreen St

824 Maury St

826 Maury St

528 E Pkwy N, Unit 15

1066 Greenlaw Ave

585 N Avalon St

1941 Clifton Ave
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.

2271 Hunter Ave

2071 Hubert Ave

1785 Marble Ave

164 Keel Ave

749 Dickinson St

1273 Capital Ave

985 Marble Ave

1655 Vicky Ln

679 Leath St

881 N Claybrook St
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.

703 N 3rd St

759 Olympic St

1149 Merchant St

1872 Portland Ave

1523 Oberle Ave

2387 Rosehaven Ave

2713 Windsor Pky

1542 Delano Ave

637 N Willett St

1563 Jackson Ave
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.

855 N Willett St

2268 Jackson Ave

791 Breedlove St

1328 Lambert St

1206 Bammel Ave

1157 N Evergreen St

864 N Claybrook St

951 Faxon Ave

1154 Springdale St

1542 Tutwiler Ave
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.
Cypress Creek, Memphis, TN Local Guide

How much does it cost to rent a home in Cypress Creek?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cypress Creek 2 Bedroom Homes for Rent | $1,196 | $800 | $2,400 |
| Cypress Creek 3 Bedroom Homes for Rent | $1,624 | $775 | $3,490 |
| Cypress Creek 4 Bedroom Homes for Rent | $1,834 | $1,150 | $3,950 |
| Cypress Creek 5 Bedroom Homes for Rent | $1,640 | $1,100 | $3,150 |
Browse Homes for Rent in this Neighborhood
There are currently 51 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 $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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Gardens Manor | 2x1 Classic | 2BR,1BA | $659 |
| Kings Reserve Memphis | Peabody | Studio,1BA | $725 |
| Overton Place | Studio | Studio,1BA | $725 |
| Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $750 |
| The Kendall | 2BR/1.0BA | 2BR,1BA | $815 |
| Parkway Place Apartments | Studio | Studio,1BA | $850 |
| Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $895 |
| Woodglen Village | Two Bedroom One Bathroom | 2BR,1BA | $970 |
| Conwood Flats Apartment Homes | S7 Studio | 1BR,1BA | $975 |
| The Galloway @ Evergreen | The Evergreen | 2BR,1BA | $999 |
Best Value Apartments for Rent in Cypress Creek, TN
As of December 10, 2025 the best value apartment in the Cypress Creek area is the $1.09 price per square foot 2 Bedroom - Urban Model at Uptown Square Apartments in the in the Downtown Memphis neighborhood starting from $1,260. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Uptown Square Apartments | 2 Bedroom - Urban | 2BR,2BA | $1.09 |
| Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $0.84 |
| Legends Park Apartments | 2 Bedroom Townhouse | 2BR,1.5BA | $1.30 |
| Woodglen Village | Two Bedroom One Bathroom | 2BR,1BA | $1.09 |
| The Galloway @ Evergreen | The Evergreen | 2BR,1.5BA | $1.25 |
| University Gardens Manor | Gold Unit | 2BR,1BA | $1.19 |
| The Kendall | 2BR/1.0BA | 2BR,1BA | $1.22 |
| Parkway Place Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.46 |
| Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $1.15 |
| Overton Place | Studio | Studio ,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!
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleQuick 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.
Pet Friendly LifestyleCypress Creek, Memphis, TN
Ranked #51
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cypress Creek
What type of rentals are currently available in Cypress Creek?
There are currently 141 Apartments for Rent in Cypress Creek, TN with pricing that ranges from $545 to $5,351. There are also 134 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cypress Creek ranging from $625 to $3,950.
What is the current price range for Rental Homes in Cypress Creek?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Cypress Creek ranges from $625 to $3,950 with an average monthly rent of $1,432.
How much are larger Three and Four Bedroom Rentals in Cypress Creek?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Cypress Creek range from $995 to $3,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $775 to $3,490. Four Bedroom Single-Family rentals are also available starting from $1,150 and Four Bedroom Apartments start at $3,993.
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

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
