Cheap Apartments for Rent in the Harbor Channel Neighborhood of Memphis, TN from $400 (23 Rentals)

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

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.

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Washington Manor
1 to 3 Bedroom Apartments

Washington Manor

1920 Florida StMemphis, TN 38109
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Crescent Bluff
1 to 3 Bedroom Apartments

Crescent Bluff

25 E Virginia AveMemphis, TN 38106
  • Utilities Included
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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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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.

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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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285 Lucy Ave
2 Bedroom Apartments

285 Lucy Ave

285 Lucy AveMemphis, TN 38106

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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 $784. 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 Bluff11A501BR,1BA$784
South Junction ApartmentsThe EdgeStudio,1BA$999
285 Lucy Ave2 Beds, 1 Baths2BR,1BA$1,000
The Marine Residence2 Bedroom2BR,2BA$1,705
National Rose Co.2082BR,2BA$2,050

Best Value Apartments for Rent in Harbor Channel, TN

As of June 08, 2026 the best value apartment in the Harbor Channel area is the $0.99 price per square foot 2 Bedroom Model at The Marine Residence in the in the South Memphis neighborhood starting from $1,705. The second greatest value Harbor Channel apartment is the 2 Beds, 1 Baths Model at 285 Lucy Ave starting at $1,000 with a $0.83 price per square foot in the South Memphis 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$0.99
285 Lucy Ave2 Beds, 1 Baths2BR,1BA$0.83
National Rose Co.2092BR,2BA$1.77
Crescent Bluff11A501BR,1BA$1.37
South Junction ApartmentsThe EdgeStudio ,1BA$2.32

College Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive

Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle

Ranked #

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

Pet Friendliness Lifestyle Score

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Frequently Asked Questions about Cheap Harbor Channel Apartments

How much is rent for a Cheap One Bedroom Harbor Channel Apartment?

The lowest price for a Cheap One Bedroom Harbor Channel Apartment is $784 at Crescent Bluff.

What is the lowest price for a Cheap Two Bedroom Harbor Channel Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Harbor Channel is starting from $1,000 at 285 Lucy Ave.

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.

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