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1 to 3 Bedroom Apartments
2nd Street Flats
362 S 2nd StMemphis, TN 38103
Cheap Apartments for Rent in the Downtown Memphis Neighborhood of Memphis, TN from $500 (68 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the Downtown Memphis area of Memphis.
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Studio to 2 Bedroom Apartments
W.L.
267 S Main StMemphis, TN 38103
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1 to 3 Bedroom Apartments
Uptown Flats
627 N Main StMemphis, TN 38107
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1 to 3 Bedroom Apartments
Forum Flats
441 E Pontotoc AveMemphis, TN 38126
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1 to 3 Bedroom Apartments
Patterson Flats
259 E Butler AveMemphis, TN 38126
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1 to 2 Bedroom Apartments
Jefferson Place
560 S Jefferson PlMemphis, TN 38105
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Studio to 2 Bedroom Apartments
Hope Heights Tower
383 Madison AveMemphis, TN 38103
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1 Bedroom Apartments
Faulkner Court Apartments
737 Court AveMemphis, TN 38105
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1 to 2 Bedroom Apartments
The Washburn
60 S Main StMemphis, TN 38103
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1 to 2 Bedroom Apartments
Radio Center Flats
66 S Main StMemphis, TN 38103
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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1 to 2 Bedroom Apartments
Annex Lofts
345 S Front StMemphis, TN 38103
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Studio to 2 Bedroom Apartments
Main Street Flats
101 S Main StMemphis, TN 38103
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1 to 2 Bedroom Apartments
Cornerstone Flats
113 S Main StMemphis, TN 38103
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1 to 2 Bedroom Apartments
Van Vleet Flats
122 Gayoso AveMemphis, TN 38103
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2 to 4 Bedroom Apartments
Burkle and Main
812 N Main StMemphis, TN 38107
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1 Bedroom Apartments
Hunt-Phelan Apartments
533 Beale StMemphis, TN 38103
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Studio to 2 Bedroom Apartments
Pembroke Square Apartments
125 Gayoso AveMemphis, TN 38103
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1 to 2 Bedroom Apartments
Lowenstein
66 N Main StMemphis, TN 38103
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 | $1,093 | $560 | $1,710 |
| Downtown Memphis 1 Bedroom Apartments | $1,317 | $525 | $2,055 |
| Downtown Memphis 2 Bedroom Apartments | $1,816 | $750 | $5,900 |
| Downtown Memphis 3 Bedroom Apartments | $2,334 | $995 | $3,442 |
Browse Apartments in this Neighborhood
There are currently 68 rentals with your search options within a 1 mile radius of the Downtown Memphis Neighborhood of Memphis, TN.
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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 $880.
What is the price of a cheap apartment in Downtown Memphis?
The cheapest apartment in Downtown Memphis is Printer's Alley Lofts which is listed at $750, while the average apartment in Downtown Memphis costs $2,427.
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 289 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 $554 which is $1,873 cheaper than the average rent for all rentals in Downtown Memphis.
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
Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
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.
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.