Cheap Apartments for Rent in the Harbor Channel Neighborhood of Memphis, TN from $500 (22 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Harbor Channel area of Memphis.

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Carolina Terrace
3 to 4 Bedroom Apartments

Carolina Terrace

699 Meditation LnMemphis, TN 38103
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Washington Manor
1 to 3 Bedroom Apartments

Washington Manor

1920 Florida StMemphis, TN 38109

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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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Crescent Bluff II
1 to 2 Bedroom Apartments

Crescent Bluff II

10 E Virginia AveMemphis, TN 38106
  • Utilities Included
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Crescent Bluff
1 to 2 Bedroom Apartments

Crescent Bluff

25 E Virginia AveMemphis, TN 38106
  • Utilities Included
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1480 Patton St
2 Bedroom Apartments

1480 Patton St

1480 Patton StMemphis, TN 38106
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South Line Studios
1 Bedroom Apartments

South Line Studios

671 S Main StMemphis, TN 38103
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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1225 Latham St
1 Bedroom Apartments

1225 Latham St

1225 Latham StMemphis, TN 38106
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Lyons Ridge Apartments
1 to 2 Bedroom Apartments

Lyons Ridge Apartments

1633 Pennsylvania StMemphis, TN 38109
Senior Living
  • Utilities Included
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1625 Kansas St
2 Bedroom Apartments

1625 Kansas St

1625 Kansas StMemphis, TN 38109
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The Horizon
1 to 4 Bedroom Apartments

The Horizon

717 Riverside BlvdMemphis, TN 38103
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Montgomery Plaza
1 Bedroom Apartments

Montgomery Plaza

1395 Pennsylvania StMemphis, TN 38106
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Latham Terrace
1 to 2 Bedroom Apartments

Latham Terrace

855 S 4th StMemphis, TN 38126
Senior Living
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266 Bond Ave
2 Bedroom Apartments

266 Bond Ave

266 Bond AveMemphis, TN 38106
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Colorado
1 Bedroom Apartments

Colorado

24 W ColoradoMemphis, TN 38106

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.

Harbor Channel, Memphis, TN Local Guide

Cheapest Available Harbor Channel Apartments for Rent

 

The cheapest available apartment rental in the Harbor Channel area of Memphis, TN is a 1 Bed unit found at Crescent Bluff priced from $955. South Junction Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $999. Here are the most affordable Harbor Channel apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Crescent BluffOne Bedroom One Bath 60%1BR,1BA$955
South Junction ApartmentsThe EdgeStudio,1BA$999
Jackson Heights ResidentialRanch4BR,2BA$1,150
Downtown Studio Suites- All IncludedStudios1BR,1BA$1,200
State Place at South EndOne Bedroom / One Bathroom1BR,1BA$1,550

Best Value Apartments for Rent in Harbor Channel, TN

As of June 15, 2025 the best value apartment in the Harbor Channel area is the $1.36 price per square foot 2 Bedroom Model at The Marine Residence in the in the South Memphis neighborhood starting from $1,850. The second greatest value Harbor Channel apartment is the Ranch Model at Jackson Heights Residential starting at $1,150 with a $0.94 price per square foot in the Harbor Channel neighborhood. Here is today’s list of the best values for Harbor Channel apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Marine Residence2 Bedroom2BR,2BA$1.36
Jackson Heights ResidentialRanch4BR,2BA$0.94
National Rose Co.3082BR,2BA$1.86
State Place at South EndOne Bedroom / One Bathroom1BR,1BA$1.90
Crescent BluffOne Bedroom One Bath 60%1BR,1BA$1.28
South Junction ApartmentsThe EdgeStudio ,1BA$2.32
Downtown Studio Suites- All IncludedStudios1BR,1BA$2.86

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Pet Friendly Lifestyle

Ranked #

Pet Friendliness Lifestyle Score

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Getting Around the Harbor Channel Neighborhood in Memphis, TN

Walk Score®

5 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Harbor Channel Apartments

What is the price of a cheap apartment in Harbor Channel?

The cheapest apartment in Harbor Channel is Crescent Bluff which is listed at $955, while the average apartment in Harbor Channel costs $1,955.

What types of apartments are the cheapest in Harbor Channel?

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 1 regular apartments in Harbor Channel 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.

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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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

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If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.