Cheap Apartments for Rent in the East Memphis Neighborhood of Memphis, TN from $300 (153 Rentals)

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Search the lowest-cost Apartments available for rent right now in the East Memphis area of Memphis.

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East Memphis, Memphis, TN Local Guide

Cheapest Available East Memphis Apartments for Rent

 

The cheapest available apartment rental in the East Memphis area of Memphis, TN is a 1 Bed unit found at Villages at Harrison Creek priced from $399. Yugo Memphis Southern has the second lowest priced unit, which is a 4 Beds apartment currently listed from $549. Here are the most affordable East Memphis apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Villages at Harrison CreekThe Willows1BR,1BA$399
Yugo Memphis Southern4 Bed, 4 Bath Classic4BR,4BA$549
El Dorado1 Bedroom1BR,1BA$550
4015 Summer AveOne1BR,1BA$550
165 N Merton1BR/1.0BA1BR,1BA$550
Shady Oaks1 Bed, 1 bath1BR,1BA$595
1645 Wells Station Rd2 Beds, 1 bath2BR,1BA$650
Elite Living ResidenceStudioStudio,1BA$650
Thompson HeightsAmazing Unit2BR,1BA$650
Oak Grove Flats2BR2BR,1BA$667

Best Value Apartments for Rent in East Memphis, TN

As of September 10, 2025 the best value apartment in the East Memphis area is the $0.38 price per square foot Student Housing Per Person Model at 3570 Spottswood Ave in the in the East Memphis neighborhood starting from $750. The second greatest value East Memphis apartment is the Entire home 4 Bedrooms 4 Baths Model at Student Lofts at Brister starting at $695 with a $0.38 price per square foot in the East Memphis neighborhood. Here is today’s list of the best values for East Memphis apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3570 Spottswood AveStudent Housing Per Person5BR,5BA$0.38
Student Lofts at BristerEntire home 4 Bedrooms 4 Baths1BR,1BA$0.38
Audubon DownsTwo Bedroom2BR,1BA$0.93
Spottswood Manor2 Bedroom Townhome2BR,1.5BA$0.93
Summer Oaks Apartments2 Beds, 1 bath2BR,1BA$0.81
Shady Oaks1 Bed, 1 bath1BR,1BA$0.66
Thompson HeightsAmazing Unit2BR,1BA$0.81
Grahamwood Place Apartments1 bedroom 1 bathroom1BR,1BA$0.93
4015 Summer AveOne1BR,1BA$0.88
Villages at Harrison CreekThe Twin Willow2BR,1BA$0.92

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Pet Friendly Lifestyle
East Memphis, Memphis, TN

Ranked #6

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including East Memphis, Memphis, and the greater Memphis area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, transit availability, pet-friendly communities, apartment complexes for the kids, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap East Memphis Apartments

What is the Cheapest Studio apartment in East Memphis?

Currently the most affordable Cheap Studio Apartment in East Memphis is at Elite Living Residence listed at $650.

How much is rent for a Cheap One Bedroom East Memphis Apartment?

The lowest price for a Cheap One Bedroom East Memphis Apartment is $399 at Villages at Harrison Creek.

What is the lowest price for a Cheap Two Bedroom East Memphis Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in East Memphis is starting from $499 at Villages at Harrison Creek.

What is the most affordable East Memphis Three Bedroom Apartment?

The best deal on a cheap East Memphis Three Bedroom Apartment rental is at Cherry Creek and starts from $915.

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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.