
Cheap Apartments for Rent in the Frayser Neighborhood of Memphis, TN from $300 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the Frayser area of Memphis.


The Metropolitan and Greenlaw Place Apartments

Bickford Square Apartments

Love Midtown Apartments

Greenlaw 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 | $823 | $660 | $895 |
Frayser 2 Bedroom Apartments | $837 | $709 | $990 |
Frayser 3 Bedroom Apartments | $937 | $880 | $995 |
Browse Apartments in this Neighborhood
There are currently 36 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
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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 | $799 |
The Metropolitan and Greenlaw Place Apartments | Greenlaw 1 Bedroom Flat | 1BR,1BA | $850 |
Love Midtown Apartments | 1 Bed 1 Bath | 1BR,1BA | $890 |
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 September 09, 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 Metropolitan and Greenlaw Place Apartments | Greenlaw 1 Bedroom Flat | 1BR,1BA | $1.16 |
The Kendall | 2BR/1.0BA | 2BR,1BA | $1.20 |
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 #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
What is the price of a cheap apartment in Frayser?
The cheapest apartment in Frayser is Renaissance at Steele which is listed at $660, 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 9 regular apartments in Frayser that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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.

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.

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.