
Cheap 3 Bedroom Apartments for Rent in the East Memphis Neighborhood of Memphis, TN from $740 (19 Rentals)


Cherry Creek Apartments

3481 Vanuys Rd

Welcome to your new home in Memphis, TN!
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.

Oak Grove Flats

1424 S Highland St

2551 Arlington Ave

3618 Faxon Ave
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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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Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
East Memphis, Memphis, TN Local Guide

How much does it cost to rent an apartment in East Memphis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
East Memphis Studio Apartments | $1,226 | $738 | $2,660 |
East Memphis 1 Bedroom Apartments | $1,185 | $550 | $3,161 |
East Memphis 2 Bedroom Apartments | $1,279 | $499 | $4,477 |
East Memphis 3 Bedroom Apartments | $1,487 | $740 | $2,980 |
East Memphis 4 Bedroom Apartments | $1,789 | $599 | $4,910 |
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East 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.
Frequently Asked Questions about Cheap East Memphis Apartments
What is a cheap apartment in East Memphis?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in East Memphis is under $725.
What is the price of a cheap apartment in East Memphis?
The cheapest apartment in East Memphis is Springdale Creek Apartments which is listed at $940, while the average apartment in East Memphis costs $3,750.
What types of apartments are the cheapest in East 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 121 regular apartments in East 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 East Memphis?
Cheap apartments in East Memphis have an average cost of $667 which is $3,083 cheaper than the average rent for all rentals in East 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.

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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.

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Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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