Cheap Homes for Rent in Cypress Creek Neighborhood of Memphis, TN from $600 (44 Rentals)

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

property at 820 Maury St

$775

1 Bedroom Rentals

Available Now

820 Maury St

MemphisTN38107

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 896 N Dunlap St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

1 Bedroom, 1 Bath Home for Rent

Available Now

896 N Dunlap St

MemphisTN38107
property at 528 E Pkwy N

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

2 Bedroom, 2 Bath Home for Rent

Available Now

528 E Pkwy N, Unit 9

528 E Pkwy N
MemphisTN38112

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.

property at 864 Dickinson St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

3 Bedroom, 1 Bath Home for Rent

Available Jul 31

864 Dickinson St

MemphisTN38107

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.

property at 1075 Kney St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

1075 Kney St

MemphisTN38107
property at 1540 Tutwiler Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1540 Tutwiler Ave

MemphisTN38107

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property at 1542 Tutwiler Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

1542 Tutwiler Ave

MemphisTN38107
property at 2295 Dexter Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

3 Bedroom, 2 Bath Home for Rent

Available Now

2295 Dexter Ave

MemphisTN38108
property at 445 Garland St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

445 Garland St

MemphisTN38104

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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. 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 Manor2x1 Classic2BR,1BA$659
Overton PlaceStudioStudio,1BA$725
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$750
Uptown Square ApartmentsStudio - HandicappedStudio,1BA$760
The Kendall2BR/1.0BA2BR,1BA$799
1716 DuPont Ave2 Bed 1 Bed2BR,1BA$850
Parkway Place ApartmentsStudioStudio,1BA$850
Bickford Square Apartments2BR/2BA2BR,2BA$895
Conwood Flats Apartment HomesS10 Studio1BR,1BA$935

Best Value Apartments for Rent in Cypress Creek, TN

As of June 13, 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
Kings Reserve MemphisTutwiller2BR,1BA$1.39
University Gardens ManorGold Unit2BR,1BA$1.19
Uptown Flats1-B1BR,1BA$1.28
The Kendall2BR/1.0BA2BR,1BA$1.20
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$1.15
Parkway Place ApartmentsStudioStudio ,1BA$1.42
Overton PlaceStudioStudio ,1BA$1.42
592 N 3rd St, Unit 592 N. Third ST592 N 3rd St1BR,1BA$1.33

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!

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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Pet Friendly Lifestyle
Cypress Creek, Memphis, TN

Ranked #66

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 Cypress Creek

What type of rentals are currently available in Cypress Creek?

There are currently 143 Apartments for Rent in Cypress Creek, TN with pricing that ranges from $525 to $3,300. There are also 95 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cypress Creek ranging from $675 to $3,000.

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 $675 to $3,000 with an average monthly rent of $1,445.

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.

Helpful Local Expert Guides

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