Cheap Homes for Rent in Cypress Creek Neighborhood of Memphis, TN from $600 (53 Rentals)

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

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.

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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.

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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.

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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.

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property at 1601 Oberle Rd

$1,100

3 Bedroom, 1 Bath Home for Rent

Available Now

1601 Oberle Rd

MemphisTN38127

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.

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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. Greenlaw Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $750. Here are the most affordable Cypress Creek apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
University Gardens Manor2x1 Classic2BR,1BA$659
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$750
Uptown Square ApartmentsStudio - HandicappedStudio,1BA$760
The Kendall2BR/1.0BA2BR,1BA$815
Kings Reserve MemphisBeale Grande1BR,1BA$825
Overton Place2 Bedroom Gardens I2BR,1BA$825
Parkway Place ApartmentsStudioStudio,1BA$850
Bickford Square Apartments2BR/2BA2BR,2BA$895
Conwood Flats Apartment HomesS6 Studio1BR,1BA$940

Best Value Apartments for Rent in Cypress Creek, TN

As of January 24, 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
Overton Place2 Bedroom Gardens II2BR,1.5BA$1.09
The Galloway @ EvergreenThe Evergreen2BR,1.5BA$1.25
University Gardens ManorGold Unit2BR,1BA$1.19
Uptown Flats1-A Type B1BR,1BA$1.27
The Kendall2BR/1.0BA2BR,1BA$1.22
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$1.15
Parkway Place ApartmentsStudioStudio ,1BA$1.42
Uptown Square ApartmentsStudioStudio ,1BA$1.73

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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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.

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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.

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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 #51

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 142 Apartments for Rent in Cypress Creek, TN with pricing that ranges from $510 to $5,540. There are also 134 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cypress Creek ranging from $650 to $3,500.

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 $650 to $3,500 with an average monthly rent of $1,376.

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 $935 to $3,490. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $3,707.

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

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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.