845 University St
MemphisTN38107
Cheap Apartments for Rent in the Frayser Neighborhood of Memphis, TN from $300 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the Frayser area of Memphis.
845 University St
MemphisTN38107
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from $6492 Bedroom Apartment Available Now
3071 Saint Charles Dr, Unit 20
3071 Saint Charles DrMemphis, TN 38127
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from $6601 to 3 Bedroom Apartments Available Now
Renaissance at Steele
1441 Renaissance DrMemphis, TN 38127
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from $7092 Bedroom Apartments Available Now
University Gardens Manor
2059 N Cabana CirMemphis, TN 38107
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from $760Studio to 3 Bedroom Apartments Available Now
Uptown Square Apartments
252 N Lauderdale StMemphis, TN 38105
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from $7952 Bedroom Apartments Contact Us For Availability
Greenlaw Apartments
267 Greenlaw AveMemphis, TN 38105
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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from $8601 to 3 Bedroom Apartments Available Now
Helix at the District
141 Manassas StMemphis, TN 38105
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from $8901 to 2 Bedroom Apartments Available Now
Love Midtown Apartments
1188 Tunica StMemphis, TN 38108
3058 Harvester Ln
MemphisTN38127
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from $8952 to 3 Bedroom Apartments Available Now
Bickford Square Apartments
281 Bickford AveMemphis, TN 38107
820 Maury St
MemphisTN38107
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from $900Studio to 3 Bedroom Apartments Available Now
Kings Reserve Memphis
1550 N ParkwayMemphis, TN 38112
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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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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.
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Navigating the Rental Market: Tips for First-Time Renters
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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Showing Results 1-30, Page 1 of 1
Frayser, Memphis, TN Local Guide
How much does it cost to rent an apartment in Frayser?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Frayser Studio Apartments | $1,150 | $760 | $1,615 |
| Frayser 1 Bedroom Apartments | $1,351 | $625 | $2,525 |
| Frayser 2 Bedroom Apartments | $1,657 | $649 | $3,149 |
| Frayser 3 Bedroom Apartments | $1,497 | $880 | $2,700 |
| Frayser 4 Bedroom Apartments | $1,338 | $895 | $1,580 |
Browse Apartments in this Neighborhood
There are currently 30 rentals with your search options within a 2 mile radius of the Frayser Neighborhood of Memphis, TN.
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Frayser, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
- Nearby Cities
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Cheapest Available Frayser Apartments for Rent
The cheapest available apartment rental in the Frayser area of Memphis, TN is a 1 Bed unit found at Renaissance at Steele priced from $660. University Gardens Manor has the second lowest priced unit, which is a 2 Beds apartment currently listed from $709. Here are the most affordable Frayser apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Renaissance at Steele | 1 bedroom | 1BR,1BA | $660 |
| University Gardens Manor | 2x1 Classic | 2BR,1BA | $709 |
| Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $795 |
| The Kendall | 2BR/1.0BA | 2BR,1BA | $813 |
| Helix at the District | 1S | 1BR,1BA | $860 |
| Love Midtown Apartments | 1 Bed 1 Bath | 1BR,1BA | $890 |
| Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $895 |
| Kings Reserve Memphis | Peabody | Studio,1BA | $900 |
| Studio Rasa | Efficiency | Studio,1BA | $925 |
Best Value Apartments for Rent in Frayser, TN
As of June 16, 2025 the best value apartment in the Frayser area is the $1.24 price per square foot 2 BR Model at Court Square Apartments in the in the Downtown Memphis neighborhood starting from $1,589. The second greatest value Frayser apartment is the Metropolitan Two Bedroom Model at The Metropolitan and Greenlaw Place Apartments starting at $1,000 with a $0.88 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. |
|---|---|---|---|
| Court Square Apartments | 2 BR | 2BR,2BA | $1.24 |
| The Metropolitan and Greenlaw Place Apartments | Metropolitan Two Bedroom | 2BR,2BA | $0.88 |
| Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $0.84 |
| Woodglen Village | Two Bedroom One Bathroom | 2BR,1BA | $1.09 |
| University Gardens Manor | Gold Unit | 2BR,1BA | $1.19 |
| 3071 Saint Charles Dr, Unit 20 | 3071 Saint Charles Dr | 2BR,1BA | $0.90 |
| The Kendall | 2BR/1.0BA | 2BR,1BA | $1.22 |
| Love Midtown Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.37 |
| Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $1.22 |
| Renaissance at Steele | 1 bedroom | 1BR,1.5BA | $1.27 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleFrayser, Memphis, TN
Ranked #67
Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Getting Around the Frayser Neighborhood in Memphis, TN
Walk Score®
38 / 100
Car-Dependent
Most errands require a car
Bike Score®
40 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
26 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Frayser Apartments
What is the Cheapest Studio apartment in Frayser?
Currently the most affordable Cheap Studio Apartment in Frayser is at Kings Reserve Memphis listed at $900.
How much is rent for a Cheap One Bedroom Frayser Apartment?
The lowest price for a Cheap One Bedroom Frayser Apartment is $660 at Renaissance at Steele.
What is the lowest price for a Cheap Two Bedroom Frayser Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Frayser is starting from $709 at University Gardens Manor.
What is the most affordable Frayser Three Bedroom Apartment?
The best deal on a cheap Frayser Three Bedroom Apartment rental is at Renaissance at Steele and starts from $880.
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.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
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.