Cheap Homes for Rent in East Memphis Neighborhood of Memphis, TN from $400 (174 Rentals)

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

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

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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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. El Dorado has the second lowest priced unit, which is a 1 Bed apartment currently listed from $548. 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
El Dorado1 Bedroom1BR,1BA$548
Yugo Memphis Southern4 Bed, 4 Bath Classic4BR,4BA$549
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 07, 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 $775 with a $0.42 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$0.42
Audubon DownsTwo Bedroom2BR,1BA$0.93
Spottswood Manor2 Bedroom Townhome2BR,1.5BA$0.93
Grahamwood Place Apartments1 bedroom 1 bathroom1BR,1BA$0.74
Summer Oaks Apartments2 Beds, 1 bath2BR,1BA$0.81
Shady Oaks1 Bed, 1 bath1BR,1BA$0.66
Thompson HeightsAmazing Unit2BR,1BA$0.81
4015 Summer AveOne1BR,1BA$0.88
Villages at Harrison CreekThe Twin Willow2BR,1BA$0.92

Quick Rent Budget Calculator

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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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Frequently Asked Questions about East Memphis

What type of rentals are currently available in East Memphis?

There are currently 616 Apartments for Rent in East Memphis, TN with pricing that ranges from $399 to $7,531. There are also 475 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Memphis ranging from $450 to $6,540.

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 $450 to $6,540 with an average monthly rent of $1,673.

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 $915 to $2,467, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $3,000. Four Bedroom Single-Family rentals are also available starting from $895 and Four Bedroom Apartments start at $549.

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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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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.