Cheap Homes for Rent in Cypress Creek Neighborhood of Memphis, TN from $600 (42 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article
property at 878 N Dunlap St

878 N Dunlap St

MemphisTN38107

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.

Read Article

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.

Read Article
property at 528 E Pkwy N

528 E Pkwy N, Unit 15

528 E Pkwy N
MemphisTN38112

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.

Read Article

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.

Read Article
Showing Results 1-42, 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 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
Bickford Square Apartments2BR/2BA2BR,2BA$895
Uptown Square Apartments1 Bedroom - Urban1BR,1BA$930
Parkway Place Apartments1 Bed, 1 bath1BR,1BA$950
Legends Park Apartments1 Bedroom Tax Credit***1BR,1BA$953

Best Value Apartments for Rent in Cypress Creek, TN

As of August 13, 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

Quick 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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Cypress Creek

What type of rentals are currently available in Cypress Creek?

There are currently 139 Apartments for Rent in Cypress Creek, TN with pricing that ranges from $645 to $4,500. There are also 107 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cypress Creek ranging from $600 to $3,200.

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 $600 to $3,200 with an average monthly rent of $1,401.

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 $817 to $2,750. Four Bedroom Single-Family rentals are also available starting from $950 and Four Bedroom Apartments start at $2,195.

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

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

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.