Cheap Homes for Rent in Frayser Neighborhood of Memphis, TN from $600 (37 Rentals)

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Search the lowest-cost Homes available for rent right now in the Frayser area of Memphis.

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property at 820 Maury St

$775 - $785

1 Bedroom Rentals

Available Now

820 Maury St

MemphisTN38107

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property at 3120 N Watkins St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900

2 Bedroom, 1 Bath Home for Rent

Available Now

3120 N Watkins St

MemphisTN38127

Affordable Memphis: The Best Neighborhoods with Character and Lower Rents

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property at 1601 Oberle Rd

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

3 Bedroom, 1 Bath Home for Rent

Available Now

1601 Oberle Rd

MemphisTN38127

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Showing Results 1-37, Page 1 of 1

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 ListingModel NameBed/BathPriced From
University Gardens Manor2x1 Classic2BR,1BA$659
Renaissance at Steele1 bedroom1BR,1BA$660
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$750
The Kendall2BR/1.0BA2BR,1BA$815
Bickford Square Apartments2BR/2BA2BR,2BA$895
1716 DuPont Ave2 Bed 1 Bed2BR,1BA$900

Best Value Apartments for Rent in Frayser, TN

As of March 09, 2026 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 Gold Unit Model at University Gardens Manor starting at $920 with a $1.19 price per square foot in the East Memphis neighborhood. Here is today’s list of the best values for Frayser apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bickford Square Apartments2BR/2BA2BR,2BA$0.84
University Gardens ManorGold Unit2BR,1BA$1.19
The Kendall2BR/1.0BA2BR,1BA$1.22
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$1.15
1716 DuPont Ave2 Bed 1 Bed2BR,1BA$1.57
699 N 5th St, Unit 2699 N 5th St1BR,1BA$2.31
Renaissance at Steele1 bedroom1BR,1.5BA$1.27

Frequently Asked Questions about Frayser

What type of rentals are currently available in Frayser?

There are currently 103 Apartments for Rent in Frayser, TN with pricing that ranges from $500 to $1,200. There are also 97 Single Family Homes for rent, Condos, and Townhome rentals currently available in Frayser ranging from $600 to $2,235.

What is the current price range for Rental Homes in Frayser?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Frayser ranges from $600 to $2,235 with an average monthly rent of $1,120.

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

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