
Cheap Apartments for Rent in the Harbor Town Neighborhood of Memphis, TN from $700 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Harbor Town area of Memphis.


Exchange Building

Lofts at Union Alley
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Fielder Square

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Downtown Memphis Flats

Harbor Side at Conwood Flats Apartments

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Island Park/Harbor Town Square

Arbors Harbor Town

Metro67
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Harbor Town, Memphis, TN Local Guide

How much does it cost to rent an apartment in Harbor Town?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Harbor Town Studio Apartments | $1,169 | $857 | $1,990 |
Harbor Town 1 Bedroom Apartments | $1,366 | $925 | $2,400 |
Harbor Town 2 Bedroom Apartments | $1,831 | $1,050 | $2,667 |
Harbor Town 3 Bedroom Apartments | $2,333 | $1,823 | $3,300 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Harbor Town Neighborhood of Memphis, TN.
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Harbor Town, Memphis, TN Local Guide
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Cheapest Available Harbor Town Apartments for Rent
 The cheapest available apartment rental in the Harbor Town area of Memphis, TN is a Studio unit found at Pressbox Lofts priced from $895. Exchange Building has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here are the most affordable Harbor Town apartments for rent in Memphis, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Pressbox Lofts | Times New Roman | Studio,1BA | $895 |
Exchange Building | 1 Bedroom Small | 1BR,1BA | $925 |
Lofts at Union Alley | E2 | Studio,1BA | $993 |
The Commonwealth | The Townsend | Studio,1BA | $995 |
The Washburn | A8 | 1BR,1BA | $1,019 |
Best Value Apartments for Rent in Harbor Town, TN
As of September 06, 2025 the best value apartment in the Harbor Town area is the $1.65 price per square foot B4 (2x2 Harbor Town) Model at Island Park/Harbor Town Square in the in the Downtown Memphis neighborhood starting from $2,033. The second greatest value Harbor Town apartment is the 2 BR Model at Court Square Apartments starting at $1,750 with a $1.61 price per square foot in the Downtown Memphis neighborhood. Here is today’s list of the best values for Harbor Town apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Island Park/Harbor Town Square | B4 (2x2 Harbor Town) | 2BR,2BA | $1.65 |
Court Square Apartments | 2 BR | 2BR,2BA | $1.61 |
Lofts at Merchant Row | Floor Plan D | 1BR,1BA | $1.47 |
The Washburn | A5 | 1BR,1BA | $1.28 |
44 S. Front | 1 Bedroom 1.5 Bath | 1BR,1.5BA | $1.56 |
Downtown Memphis Flats | Main Street 1 Bedroom, 1.5 Bathroom | 1BR,1BA | $1.63 |
Grand Island Apartments | Waterstone | 1BR,1BA | $1.72 |
Riverset Apartments | A1 - Elm | 1BR,1BA | $1.71 |
Pressbox Lofts | Times New Roman | Studio ,1BA | $1.60 |
Exchange Building | 1 Bedroom Medium | 1BR,1BA | $1.68 |
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Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Memphis. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, transit availability, pet-friendly communities, family-friendly amenities, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Harbor Town Neighborhood in Memphis, TN
Walk Score®
50 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
43 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
42 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Harbor Town Apartments
What is a cheap apartment in Harbor Town?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Harbor Town is under $1,150.
What is the price of a cheap apartment in Harbor Town?
The cheapest apartment in Harbor Town is Exchange Building which is listed at $925, while the average apartment in Harbor Town costs $2,118.
What types of apartments are the cheapest in Harbor Town?
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 5 regular apartments in Harbor Town that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Harbor Town?
Cheap apartments in Harbor Town have an average cost of $164 which is $1,954 cheaper than the average rent for all rentals in Harbor Town.
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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