Cheap Homes for Rent in Frayser Neighborhood of Memphis, TN from $500 (25 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Read Article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 878 N Dunlap St

878 N Dunlap St

MemphisTN38107

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
Showing Results 1-25, Page 1 of 1

Frayser, Memphis, TN Local Guide

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 ListingModel NameBed/BathPriced From
Renaissance at Steele1 bedroom1BR,1BA$660
University Gardens Manor2x1 Classic2BR,1BA$709
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$795
The Kendall2BR/1.0BA2BR,1BA$799
The Metropolitan and Greenlaw Place ApartmentsGreenlaw 1 Bedroom Flat1BR,1BA$850

Best Value Apartments for Rent in Frayser, TN

As of September 06, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Bickford Square Apartments2BR/2BA2BR,2BA$0.84
Woodglen VillageTwo Bedroom One Bathroom2BR,1BA$1.09
University Gardens ManorGold Unit2BR,1BA$1.19
The Metropolitan and Greenlaw Place ApartmentsGreenlaw 1 Bedroom Flat1BR,1BA$1.16
The Kendall2BR/1.0BA2BR,1BA$1.20
Love Midtown Apartments1 Bed 1 Bath1BR,1BA$1.37
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$1.22
Renaissance at Steele1 bedroom1BR,1.5BA$1.27

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Frayser, Memphis, TN

Ranked #90

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Frayser

What type of rentals are currently available in Frayser?

There are currently 100 Apartments for Rent in Frayser, TN with pricing that ranges from $660 to $995. There are also 99 Single Family Homes for rent, Condos, and Townhome rentals currently available in Frayser ranging from $500 to $2,000.

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 $500 to $2,000 with an average monthly rent of $1,097.

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.

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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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.