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Greenlaw Apartments
267 Greenlaw AveMemphis, TN 38105
Cheap 2 Bedroom Apartments for Rent in the Downtown Memphis Neighborhood of Memphis, TN from $795 (22 Rentals)
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Linden Yards Apartments
707-747 Linden Yard DrMemphis, TN 38126
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from $5252 Bedroom Apartments Available Now
Edison Park
567 Jefferson AveMemphis, TN 38105
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Bickford Square Apartments
281 Bickford AveMemphis, TN 38107
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from $7502 Bedroom Apartments Available Now
Helix at the District
141 Manassas StMemphis, TN 38105
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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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from $7602 Bedroom Apartments Available Now
Uptown Square Apartments
252 N Lauderdale StMemphis, TN 38105
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2 Bedroom Apartments
Cleaborn Pointe at Heritage Senior Apartments
460 S Lauderdale StMemphis, TN 38126
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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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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Downtown Memphis, Memphis, TN Local Guide
How much does it cost to rent an apartment in Downtown Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Memphis Studio Apartments | $1,199 | $560 | $2,355 |
| Downtown Memphis 1 Bedroom Apartments | $1,534 | $525 | $3,125 |
Downtown Memphis 2 Bedroom Apartments | $2,031 | $795 | $6,900 |
| Downtown Memphis 3 Bedroom Apartments | $2,325 | $995 | $3,350 |
| Downtown Memphis 4 Bedroom Apartments | $2,995 | $2,995 | $2,995 |
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Downtown Memphis, Memphis, TN Local Guide
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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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Frequently Asked Questions about Cheap Downtown Memphis Apartments
What is a cheap apartment in Downtown Memphis?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Memphis is under $925.
What is the price of a cheap apartment in Downtown Memphis?
The cheapest apartment in Downtown Memphis is Greenlaw Apartments which is listed at $795, while the average apartment in Downtown Memphis costs $2,995.
What types of apartments are the cheapest in Downtown Memphis?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 29 regular apartments in Downtown Memphis that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown Memphis?
Cheap apartments in Downtown Memphis have an average cost of $169 which is $2,826 cheaper than the average rent for all rentals in Downtown Memphis.
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.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.