
Cheap Apartments for Rent in the Frayser Neighborhood of Memphis, TN from $350 (58 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the Frayser area of Memphis.


1074 Palmetto Ave

Love Midtown Apartments

2292 Redwood Ave
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

3186 W Shirley Cir

2133 Eldridge Ave

928 N Hollywood St

Looney Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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 | $724 | $650 | $870 |
| Frayser 2 Bedroom Apartments | $751 | $595 | $1,100 |
| Frayser 3 Bedroom Apartments | $1,056 | $880 | $1,400 |
Browse Apartments in this Neighborhood
There are currently 58 rentals with your search options within a 2 mile radius of the Frayser Neighborhood of Memphis, TN.
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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 $709.
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 74 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.
Helpful Local Expert Guides

Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
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Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.