
Cheap Homes for Rent in the East Memphis Neighborhood of Memphis, TN from $550 (168 Rentals)
Search the lowest-cost Homes available for rent right now in the East Memphis area of Memphis.


646 Lipford St

700 Tiger Estates Dr

3882 Tiger Estates Dr

2251 Stovall Ave

845 University St

2861 Nathan Ave

2859 Nathan Ave

2483 Vandale Ave

3083 Guernsey Ave
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1540 Standridge St

3042 McAdoo Ave

1599 S Highland St

3780 Norris Ave

464 Glankler St

1034 S Prescott St

2917 Yale Ave

464 Lipford St

3563 Southern Ave, Unit 21

2461 Lowell Ave
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859 Josephine St

2271 Hunter Ave

859 Carson St

1111 N Holmes St

291 Red Oak St

1766 Brown Ave

2426 Boyle Ave

1535-1537 Standridge St

1537 Standridge St

1533 Standridge St
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1531 Standridge St

2372 Twain Ave

3646 Spottswood Ave, Unit #1

961 N Highland St

166 Eastview Dr

3646 Spottswood Ave, Unit #1

1716 Combs St, Unit B

3491 Guernsey Ave

144 N Auburndale St

1434 Lapaloma St
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1457 Cooper St

3328 Douglass Ave

2675 Dunn Ave

3019 CARNES Ave

2115 Bennett Ave

1300 Robin Hood Ln

2312 Norman Ave

4 N Holmes St

682 Boston St, Unit 1 - 682

3392 Barron Ave
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East Memphis, Memphis, TN Local Guide

How much does it cost to rent a home in East Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| East Memphis 2 Bedroom Homes for Rent | $1,033 | $550 | $1,900 |
| East Memphis 3 Bedroom Homes for Rent | $1,491 | $750 | $3,500 |
| East Memphis 4 Bedroom Homes for Rent | $1,826 | $895 | $3,900 |
| East Memphis 5 Bedroom Homes for Rent | $2,647 | $1,000 | $5,000 |
Browse Homes for Rent in this Neighborhood
There are currently 168 rentals with your search options within a 2 mile radius of the East Memphis Neighborhood of Memphis, TN.
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East Memphis, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
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Cheapest Available East Memphis Homes for Rent
 The cheapest available rental home in the East Memphis area of Memphis, TN is a 2 Beds home found at 1034 S Prescott St priced from $700. 2461 Lowell Ave has the second lowest priced home, which is a 2 Beds rental home currently listed from $750. Here are the most affordable East Memphis homes for rent in Memphis, TN:
| Home Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1034 S Prescott St | 1034 S Prescott St | 2BR, 1BA | $700 |
| 2461 Lowell Ave | 2461 Lowell Ave | 2BR, 1BA | $750 |
| 2426 Boyle Ave | 2426 Boyle Ave | 2BR, 1BA | $795 |
Best Value Homes for Rent in East Memphis, TN
As of September 20, 2026 the best value rental home in the East Memphis area is the $0.59 price per square foot 5607 Sweet Gum Dr Model at 5607 Sweet Gum Dr in the East Memphis neighborhood starting from $1,415. The second greatest value East Memphis rental home is the 2244 Cypress Cir Model at 2244 Cypress Cir in the East Memphis neighborhood starting at $2,085 with a $0.90 price per square foot. Here is today’s list of the best values for East Memphis homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 5607 Sweet Gum Dr | 5607 Sweet Gum Dr | 4BR, 2BA | $0.59 |
| 2244 Cypress Cir | 2244 Cypress Cir | 4BR, 2BA | $0.90 |
| 905 Parkhaven Ln | 905 Parkhaven Ln | 2BR, 1BA | $0.62 |
| 2406 Jenwood St | 2406 Jenwood St | 3BR, 2BA | $0.88 |
| 2628 Lowell Ave | 2628 Lowell Ave | 4BR, 2BA | $0.74 |
| 1195 Woodbury Rd | 1195 Woodbury Rd | 3BR, 1BA | $0.83 |
| 2325 Riley Ave | 2325 Riley Ave | 3BR, 1BA | $0.87 |
| 3646 Spottswood Ave | 3646 Spottswood Ave | 2BR, 1BA | $0.84 |
| 3646 Spottswood Ave, Unit #1 | 3646 Spottswood Ave | 2BR, 1BA | $0.87 |
| 1034 S Prescott St | 1034 S Prescott St | 2BR, 1BA | $0.92 |
College Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive
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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.
Read ArticleQuick 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.
Pet Friendly LifestyleEast Memphis, Memphis, TN
Ranked #8
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about East Memphis
What type of rentals are currently available in East Memphis?
There are currently 649 Apartments for Rent in East Memphis, TN with pricing that ranges from $550 to $8,799. There are also 394 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Memphis ranging from $550 to $5,000.
What is the current price range for Rental Homes in East Memphis?
Today's rental pricing for Homes for Rent, Condos and Townhomes in East Memphis ranges from $550 to $5,000 with an average monthly rent of $1,412.
How much are larger Three and Four Bedroom Rentals in East Memphis?
For those who are looking for larger living arrangements, Three Bedroom Apartments in East Memphis range from $639 to $3,920, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $3,500. Four Bedroom Single-Family rentals are also available starting from $895 and Four Bedroom Apartments start at $550.
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.
Helpful Local Expert Guides

Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
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Affordable Memphis: The Best Lower Priced Neighborhoods with Character
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Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.