Cheap Apartments for Rent in the Harbor Town Neighborhood of Memphis, TN from $700 (25 Rentals)

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

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Main Street Flats
Studio to 2 Bedroom Apartments

Main Street Flats

101 S Main StMemphis, TN 38103
  • Utilities Included
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Cornerstone Flats
1 to 2 Bedroom Apartments

Cornerstone Flats

113 S Main StMemphis, TN 38103
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Van Vleet Flats
1 to 2 Bedroom Apartments

Van Vleet Flats

122 Gayoso AveMemphis, TN 38103
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The Washburn
1 to 2 Bedroom Apartments

The Washburn

60 S Main StMemphis, TN 38103
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Lowenstein
1 to 2 Bedroom Apartments

Lowenstein

66 N Main StMemphis, TN 38103
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Showing Results 1-25, Page 1 of 1

Harbor Town, Memphis, TN Local Guide

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 Indigo Riverview priced from $726. 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 ListingModel NameBed/BathPriced From
Indigo RiverviewCumberlandStudio,1BA$726
Exchange Building1 Bedroom Small1BR,1BA$925
Fielder SquareE2 StudioStudio,1BA$955
Gayoso House & Pembroke SquareGayoso House - gh-S2Studio,1BA$999
Riverset ApartmentsA1S - Elm w/Sunroom1BR,1BA$1,040

Best Value Apartments for Rent in Harbor Town, TN

As of October 28, 2025 the best value apartment in the Harbor Town area is the $1.47 price per square foot Enclave Model at Grand Island Apartments in the in the Downtown Memphis neighborhood starting from $2,032. The second greatest value Harbor Town apartment is the NTM-B5 Model at Number 10 Main starting at $1,999 with a $1.51 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Grand Island ApartmentsEnclave3BR,2BA$1.47
Number 10 MainNTM-B52BR,2BA$1.51
Court Square Apartments2 BR2BR,2BA$1.61
The WashburnWAS-A51BR,1BA$1.28
44 S. Front1 Bedroom 1.5 Bath1BR,1.5BA$1.56
Island Park/Harbor Town SquareA1H (1x1 Harbor Town)1BR,1BA$1.43
Pressbox LoftsLetterpress1BR,1BA$1.70
Lofts at Merchant RowFloor Plan E1BR,1BA$1.71
Riverset ApartmentsA1S - Elm w/Sunroom1BR,1BA$1.53
Exchange Building1 Bedroom Medium1BR,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 $1,166.

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 $2,032.

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 20 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 $167 which is $1,865 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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