2077 Lowell Ave
MemphisTN38114
Cheap Homes for Rent in the Depot Neighborhood of Memphis, TN from $500 (27 Rentals)
Search the lowest-cost Homes available for rent right now in the Depot area of Memphis.
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$7001 Bedroom Apartments Available Now
2295 Candlewyck Cir, Unit 2254-5
2295 Candlewyck CirMemphis, TN 38114
1439 Semmes St
MemphisTN38114
2551 Arlington Ave
MemphisTN38114
1659 Cooper St
MemphisTN38114
1639 Southern Ave
MemphisTN38114
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.
1485 E Mallory Ave
MemphisTN38106
1388 Kyle St
MemphisTN38106
1507 Hamilton St
MemphisTN38114
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$8752 Bedroom Apartments Available Now
2295 Candlewyck Cir, Unit 2286-8
2295 Candlewyck CirMemphis, TN 38114
1766 Cincinnati Rd
MemphisTN38106
682 Boston St, Unit 1 - 682
682 Boston St
MemphisTN38114
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.
3152 Larkspur Dr
MemphisTN38111
682 BOSTON St
MemphisTN38114
2045 Lamar Ave
MemphisTN38114
738 Buntyn St
MemphisTN38114
2673 Midland Ave
MemphisTN38111
524 S Greer St
MemphisTN38111
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.
2601 Kenner Ave
MemphisTN38114
793 Inez St
MemphisTN38111
859 Carson St
MemphisTN38111
2717 Carnes Ave
MemphisTN38114
1734 Wildrose St
MemphisTN38114
498 Josephine St
MemphisTN38111
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.
2751 Henley Dr
MemphisTN38114
1248 Greenwood St
MemphisTN38106
1771 Wildrose St
MemphisTN38114
Showing Results 1-27, Page 1 of 1
Depot, Memphis, TN Local Guide
How much does it cost to rent a home in Depot?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Depot 2 Bedroom Homes for Rent | $1,005 | $725 | $1,700 |
| Depot 3 Bedroom Homes for Rent | $1,344 | $795 | $2,595 |
| Depot 4 Bedroom Homes for Rent | $1,599 | $895 | $2,700 |
| Depot 5 Bedroom Homes for Rent | $1,863 | $1,495 | $2,500 |
| Depot 6 Bedroom Homes for Rent | $2,000 | $2,000 | $2,000 |
Browse Homes for Rent in this Neighborhood
There are currently 27 rentals with your search options within a 2 mile radius of the Depot Neighborhood of Memphis, TN.
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Depot, Memphis, TN Local Guide
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Cheapest Available Depot Apartments for Rent
The cheapest available apartment rental in the Depot area of Memphis, TN is a 1 Bed unit found at El Dorado priced from $559. 1277 Airways Blvd has the second lowest priced unit, which is a 2 Beds apartment currently listed from $650. Here are the most affordable Depot apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| El Dorado | 1 Bedroom | 1BR,1BA | $559 |
| 1277 Airways Blvd | 2 Beds, 1 Baths | 2BR,1BA | $650 |
| 2309 Warren St | 1 Beds, 1 Baths | 1BR,1BA | $650 |
| Brentwood Parc | 2 Bed/ 2 Bath | 2BR,1BA | $750 |
| Airways | 2 Bedroom, 1 Bathroom | 2BR,1BA | $750 |
| 1831 Castalia St | 1 Bed 1 Bath | 1BR,1BA | $750 |
| Whispering Pines | 1 BR | 1BR,1BA | $750 |
| Pendleton Court | 2 Beds, 1 Baths | 2BR,1BA | $825 |
| Ruby Oaks Apartments | 2 Beds, 1 bath | 2BR,1BA | $865 |
Best Value Apartments for Rent in Depot, TN
As of July 13, 2026 the best value apartment in the Depot area is the $1.18 price per square foot 4 Bedroom Model at Lamar Crossing in the in the East Memphis neighborhood starting from $1,467. The second greatest value Depot apartment is the 2 Bed/ 2 Bath Towhnome Model at Brentwood Parc starting at $850 with a $0.83 price per square foot in the East Memphis neighborhood. Here is today’s list of the best values for Depot apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lamar Crossing | 4 Bedroom | 4BR,2BA | $1.18 |
| Brentwood Parc | 2 Bed/ 2 Bath Towhnome | 2BR,2BA | $0.83 |
| Ruby Oaks Apartments | 2 Beds, 2 baths | 2BR,2BA | $0.95 |
| Whispering Pines | 1 BR | 1BR,1BA | $0.83 |
| 1011 S Willett St, Unit #3 | 1011 S Willett St | 1BR,1BA | $0.88 |
| 1831 Castalia St | 1 Bed 1 Bath | 1BR,1BA | $1.15 |
| Airways | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1.20 |
| 2309 Warren St | 1 Beds, 1 Baths | 1BR,1BA | $1.06 |
| El Dorado | 1 Bedroom | 1BR,1BA | $0.98 |
| The Flats @ Cooper Young | Studio | Studio ,1BA | $1.68 |
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.
Read ArticleReal 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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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 LifestyleDepot, Memphis, TN
Ranked #95
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Depot
What type of rentals are currently available in Depot?
There are currently 115 Apartments for Rent in Depot, TN with pricing that ranges from $495 to $1,695. There are also 99 Single Family Homes for rent, Condos, and Townhome rentals currently available in Depot ranging from $550 to $2,700.
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 $550 to $2,700 with an average monthly rent of $1,469.
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.
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