Cheap Homes for Rent in Depot Neighborhood of Memphis, TN from $500 (48 Rentals)

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

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property at 2965 N Radford Rd

$800

Total Monthly Price

Total Monthly Price

Base Rent
$788
Required Monthly Fees
$12
Total Monthly Price
$800

2 Bedroom, 1 Bath Rentals

Available Now

2965 N Radford Rd

MemphisTN38114

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property at 2610 Lowell Ave

$895

Total Monthly Price

Total Monthly Price

Base Rent
$883
Required Monthly Fees
$12
Total Monthly Price
$895

3 Bedroom, 2 Bath Rentals

Available Now

2610 Lowell Ave

MemphisTN38114

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property at 2730 Barron Ave

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,038
Required Monthly Fees
$12
Total Monthly Price
$1,050

3 Bedroom, 2 Bath Rentals

Available Now

2730 Barron Ave

MemphisTN38114

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Showing Results 1-48, Page 1 of 1

Cheapest Available Depot Apartments for Rent

 

The cheapest available apartment rental in the Depot area of Memphis, TN is a 2 Beds unit found at El Dorado priced from $669. 1154 Wilson St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here are the most affordable Depot apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
El Dorado2 Bedroom2BR,1BA$669
1154 Wilson St1 Bed, 1 bath1BR,1BA$699
Barron CourtBarron Court 2 Bedroom 1 Bath2BR,1BA$724
Airways2 Bedroom, 1 Bathroom2BR,1BA$750
1831 Castalia St1 Bed 1 Bath1BR,1BA$750
Ruby Oaks Apartments2 Beds, 1 bath2BR,1BA$865

Best Value Apartments for Rent in Depot, TN

As of February 26, 2026 the best value apartment in the Depot area is the $0.95 price per square foot 2 Beds, 2 baths Model at Ruby Oaks Apartments in the in the South Memphis neighborhood starting from $895. The second greatest value Depot apartment is the 1 Bed, 1 bath Model at 1154 Wilson St starting at $699 with a $0.87 price per square foot in the South Memphis neighborhood. Here is today’s list of the best values for Depot apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ruby Oaks Apartments2 Beds, 2 baths2BR,2BA$0.95
1154 Wilson St1 Bed, 1 bath1BR,1BA$0.87
Barron CourtBarron Court 2 Bedroom 1 Bath2BR,1BA$0.93
2000 Walker Ave, Unit Walker 12000 Walker Ave1BR,1BA$2.07
El Dorado2 Bedroom2BR,1.5BA$0.92
1831 Castalia St1 Bed 1 Bath1BR,1BA$1.15
Airways2 Bedroom, 1 Bathroom2BR,1BA$1.20

Frequently Asked Questions about Depot

What type of rentals are currently available in Depot?

There are currently 103 Apartments for Rent in Depot, TN with pricing that ranges from $550 to $1,750. There are also 150 Single Family Homes for rent, Condos, and Townhome rentals currently available in Depot ranging from $650 to $5,500.

What is the current price range for Rental Homes in Depot?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Depot ranges from $650 to $5,500 with an average monthly rent of $1,590.

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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