
Cheap Homes for Rent in Frayser Neighborhood of Memphis, TN from $400 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Frayser area of Memphis.


2507 Staten Ave

907 PEARCE St

850 N DUNLAP St
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.

838 LEON Pl

826 N DUNLAP St

1341 Halcomb Ln

1082 Garland St
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.

853 Annie St

844 LEON Pl

823 N Dunlap St

1983 Hubert Ave
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

2204 Lyon Ave
Frayser, Memphis, TN Local Guide

How much does it cost to rent a home in Frayser?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Frayser 2 Bedroom Homes for Rent | $890 | $595 | $1,315 |
Frayser 3 Bedroom Homes for Rent | $1,218 | $834 | $2,700 |
Frayser 4 Bedroom Homes for Rent | $1,492 | $895 | $1,995 |
Frayser 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 13 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 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 | 1x1 Classic | 1BR,1BA | $659 |
Renaissance at Steele | 1 bedroom | 1BR,1BA | $660 |
Helix at the District | 1S | 1BR,1BA | $750 |
Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $795 |
Indigo Riverview | Emory | Studio,1BA | $831 |
Best Value Apartments for Rent in Frayser, TN
As of May 12, 2025 the best value apartment in the Frayser area is the $1.44 price per square foot 2 BR Model at Court Square Apartments in the in the Downtown Memphis neighborhood starting from $1,850. The second greatest value Frayser apartment is the Three Bedroom Two Bathroom Model at Woodglen Village starting at $1,113 with a $1.01 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. |
---|---|---|---|
Court Square Apartments | 2 BR | 2BR,2BA | $1.44 |
Woodglen Village | Three Bedroom Two Bathroom | 3BR,2BA | $1.01 |
Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $0.84 |
University Gardens Manor | Gold Unit | 2BR,1BA | $1.19 |
The Metropolitan and Greenlaw Place Apartments | Greenlaw 1 Bedroom Flat | 1BR,1BA | $1.16 |
3071 Saint Charles Dr, Unit 20 | 3071 Saint Charles Dr | 2BR,1BA | $0.90 |
Uptown Square Apartments | 2 Bedroom - Elvis Building | 2BR,1BA | $1.45 |
Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $1.22 |
Helix at the District | 1S | 1BR,1BA | $1.36 |
Renaissance at Steele | 1 bedroom | 1BR,1.5BA | $1.27 |
Quick Rent Budget Calculator
How much rent can you afford?
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Frequently Asked Questions about Frayser
What type of rentals are currently available in Frayser?
There are currently 114 Apartments for Rent in Frayser, TN with pricing that ranges from $649 to $3,002. There are also 77 Single Family Homes for rent, Condos, and Townhome rentals currently available in Frayser ranging from $495 to $3,500.
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 $495 to $3,500 with an average monthly rent of $1,562.
How much are larger Three and Four Bedroom Rentals in Frayser?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Frayser range from $880 to $1,650, while Three Bedroom Homes, Condos, and Townhomes for rent range from $834 to $2,700. Four Bedroom Single-Family rentals are also available starting from $895 and Four Bedroom Apartments start at $1,390.
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.

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.