Cheap Apartments for Rent in the Jackson Neighborhood of Memphis, TN from $500 (46 Rentals)

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

property at 699 Shotwell St

699 Shotwell St

MemphisTN38111
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Campus View
1 to 2 Bedroom Apartments

Campus View

3606 Walker AveMemphis, TN 38111
  • Utilities Included
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Cherry Gardens
2 to 3 Bedroom Apartments

Cherry Gardens

4350 Dunn RdMemphis, TN 38111
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Serenity at Highland
Studio to 1 Bedroom Apartments

Serenity at Highland

400 S Highland StMemphis, TN 38111
Senior Living
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Rhodes Townhomes
2 Bedroom Apartments

Rhodes Townhomes

3640 Rhodes AveMemphis, TN 38111
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Audubon Park Place
Studio to 2 Bedroom Apartments

Audubon Park Place

939 Getwell RdMemphis, TN 38111
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Brister Place
1 to 2 Bedroom Apartments

Brister Place

625 Brister StMemphis, TN 38111
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The Embassy Apartments
Studio to 3 Bedroom Apartments

The Embassy Apartments

505 S Perkins RdMemphis, TN 38117
  • Utilities Included
property at 605 Patterson St

605 Patterson St

MemphisTN38111

Jackson, Memphis, TN Local Guide

Cheapest Available Jackson Apartments for Rent

 

The cheapest available apartment rental in the Jackson area of Memphis, TN is a 4 Beds unit found at Yugo Memphis Southern priced from $549. Thompson Heights has the second lowest priced unit, which is a 2 Beds apartment currently listed from $650. Here are the most affordable Jackson apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Yugo Memphis Southern4 Bed, 4 Bath Classic4BR,4BA$549
Thompson HeightsAmazing Unit2BR,1BA$650
Cherry Creek1 Bedroom1BR,1BA$735
3570 Spottswood AveStudent Housing5BR,5BA$750
Woodtrail Apartment1/11BR,1BA$850
Tiger Flats1 Bedroom1BR,1BA$900
Imperial Arms ApartmentsImperial Arms2BR,1BA$900
Sherwood Apartments2 Bed, 1 Bath2BR,1BA$905
Den Apartments1 BR1BR,1BA$950
Monarch on HighlandMHLA11BR,1BA$999

Best Value Apartments for Rent in Jackson, TN

As of September 04, 2025 the best value apartment in the Jackson area is the $0.38 price per square foot Student Housing Per Person Model at 3570 Spottswood Ave in the in the East Memphis neighborhood starting from $750. The second greatest value Jackson apartment is the Entire home 4 Bedrooms 4 Baths Model at Student Lofts at Brister starting at $775 with a $0.42 price per square foot in the East Memphis neighborhood. Here is today’s list of the best values for Jackson apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3570 Spottswood AveStudent Housing Per Person5BR,5BA$0.38
Student Lofts at BristerEntire home 4 Bedrooms 4 Baths1BR,1BA$0.42
MAA Park EstateThe Overton2BR,2BA$1.30
The Tower at Kent2 Bedroom / 1.5 Bathroom Platinum2BR,1.5BA$1.24
Imperial Arms ApartmentsImperial Arms2BR,1BA$0.97
Sherwood ApartmentsB22BR,1BA$1.08
Woodtrail Apartment1/11BR,1BA$1.06
Thompson HeightsAmazing Unit2BR,1BA$0.81
Yugo Memphis Southern2 Bed, 2 Bath Plus2BR,2BA$1.05
Tiger Flats1 Bedroom1BR,1BA$1.25

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Pet Friendly Lifestyle
Jackson, Memphis, TN

Ranked #79

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 Cheap Jackson Apartments

What is the price of a cheap apartment in Jackson?

The cheapest apartment in Jackson is Cherry Creek which is listed at $735, while the average apartment in Jackson costs $3,750.

What types of apartments are the cheapest in Jackson?

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 14 regular apartments in Jackson 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 Jackson?

Cheap apartments in Jackson have an average cost of $1,877 which is $1,873 cheaper than the average rent for all rentals in Jackson.

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.

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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.

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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.