
Cheap Apartments for Rent in the Frayser Neighborhood of Memphis, TN from $300 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in the Frayser area of Memphis.


The Metropolitan and Greenlaw Place Apartments

Greenlaw Apartments

Bickford Square Apartments
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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 | $740 | $545 | $1,200 |
| Frayser 2 Bedroom Apartments | $747 | $659 | $1,110 |
| Frayser 3 Bedroom Apartments | $937 | $880 | $995 |
Browse Apartments in this Neighborhood
There are currently 37 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
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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 |
| The Kendall | 2BR/1.0BA | 2BR,1BA | $815 |
| Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $895 |
| Woodglen Village | Two Bedroom One Bathroom | 2BR,1BA | $970 |
Best Value Apartments for Rent in Frayser, TN
As of December 12, 2025 the best value apartment in the Frayser area is the $0.84 price per square foot 2BR/2BA Model at Bickford Square Apartments in the in the Downtown Memphis neighborhood starting from $895. The second greatest value Frayser apartment is the Two Bedroom One Bathroom Model at Woodglen Village starting at $970 with a $1.09 price per square foot in the Frayser 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. |
|---|---|---|---|
| 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 |
| 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 |
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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 LifestyleFrayser, Memphis, TN
Ranked #90
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet 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
How much is rent for a Cheap One Bedroom Frayser Apartment?
The lowest price for a Cheap One Bedroom Frayser Apartment is $659 at University Gardens Manor.
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 $659 at University Gardens Manor.
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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
































