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1 to 3 Bedroom Apartments
Watkins Manor
2643 N Watkins StMemphis, TN 38127
Cheap Apartments for Rent in the Frayser Neighborhood of Memphis, TN from $300 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the Frayser area of Memphis.
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Studio to 2 Bedroom Apartments
Chicago Park Place Apartments
1415 Breedlove StMemphis, TN 38107
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1 to 2 Bedroom Apartments
Pleasant View Apartments
1505 Baggett DrMemphis, TN 38127
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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1 to 3 Bedroom Apartments
Carriage House
1145 Frayser BlvdMemphis, TN 38127
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1 to 3 Bedroom Apartments
Breezy Point Apartments
2801 Raja RdMemphis, TN 38127
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1 to 2 Bedroom Apartments
Whitney Manor Apartments
1520 Whitney AveMemphis, TN 38127
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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1 to 2 Bedroom Apartments
2238 Howell Ave
2238 Howell AveMemphis, TN 38108
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Frayser, Memphis, TN Local Guide
How much does it cost to rent an apartment in Frayser?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Frayser 1 Bedroom Apartments | $747 | $510 | $1,200 |
| Frayser 2 Bedroom Apartments | $755 | $659 | $1,110 |
| Frayser 3 Bedroom Apartments | $937 | $880 | $995 |
Browse Apartments in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Frayser Neighborhood of Memphis, TN.
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Cheapest Available Frayser Apartments for Rent
The cheapest available apartment rental in the Frayser area of Memphis, TN is a 2 Beds unit found at University Gardens Manor priced from $659. Renaissance at Steele has the second lowest priced unit, which is a 1 Bed apartment currently listed from $660. Here are the most affordable Frayser apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Gardens Manor | 2x1 Classic | 2BR,1BA | $659 |
| Renaissance at Steele | 1 bedroom | 1BR,1BA | $660 |
| Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $750 |
Best Value Apartments for Rent in Frayser, TN
As of January 27, 2026 the best value apartment in the Frayser area is the $1.01 price per square foot Three Bedroom Two Bathroom Model at Woodglen Village in the in the Frayser neighborhood starting from $1,113. The second greatest value Frayser apartment is the 2BR/2BA Model at Bickford Square Apartments starting at $895 with a $0.84 price per square foot in the Downtown Memphis neighborhood. Here is today’s list of the best values for Frayser apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Woodglen Village | Three Bedroom Two Bathroom | 3BR,2BA | $1.01 |
| Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $0.84 |
| University Gardens Manor | Gold Unit | 2BR,1BA | $1.19 |
| The Kendall | 2BR/1.0BA | 2BR,1BA | $1.22 |
| Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $1.15 |
| Renaissance at Steele | 1 bedroom | 1BR,1.5BA | $1.27 |
| 699 N 5th St, Unit 2 | 699 N 5th St | 1BR,1BA | $2.31 |
Frequently Asked Questions about Cheap Frayser Apartments
What is the price of a cheap apartment in Frayser?
The cheapest apartment in Frayser is University Gardens Manor which is listed at $659, while the average apartment in Frayser costs $937.
What types of apartments are the cheapest in Frayser?
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 42 regular apartments in Frayser that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
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.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.