Cheap Apartments for Rent in the Jackson Neighborhood of Memphis, TN from $500 (60 Rentals)

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

Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City

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property at 3800 Philsdale Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

3 Bedroom, 1.5 Bath Home for Rent

Available Now

3800 Philsdale Ave

MemphisTN38111

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Campus View
1 to 2 Bedroom Apartments

Campus View

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

Cherry Gardens

4350 Dunn RdMemphis, TN 38111
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Thompson Heights
2 Bedroom Apartments

Thompson Heights

1566 Stribling StMemphis, 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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The Local Memphis Expert's Guide to Renting Near the City's Top Employers

Memphis apartment guide from a local expert, breaking down neighborhoods, average rent, and ideal commute times near the 5 largest employers - FedEx, St. Jude, U of M, Methodist, and AutoZone.

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3969 Southlawn Ave
1 to 2 Bedroom Apartments

3969 Southlawn Ave

3969 Southlawn AveMemphis, TN 38111
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605 Patterson St
1 to 2 Bedroom Apartments

605 Patterson St

605 Patterson StMemphis, TN 38111

Affordable Memphis: The Best Neighborhoods with Character and Lower Rents

Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

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The Embassy Apartments
Studio to 3 Bedroom Apartments

The Embassy Apartments

505 S Perkins RdMemphis, TN 38117
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Tiger Flats
1 to 2 Bedroom Apartments

Tiger Flats

650 Minor RdMemphis, TN 38111
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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 1 Bed unit found at TE - SpottswoodAve3875 priced from $599. 3969 Southlawn Ave has the second lowest priced unit, which is a 2 Beds apartment currently listed from $695. Here are the most affordable Jackson apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
TE - SpottswoodAve38751BR/1.0BA1BR,1BA$599
3969 Southlawn Ave2 Beds, 1 Baths2BR,1BA$695
Audubon Park PlaceStudioStudio,1BA$695
605 Patterson St1 Beds, 1 Baths1BR,1BA$700
Cherry Creek Apartments1 Bedroom, 1 Bath1BR,1BA$750
Monarch on Highland1 Bedroom, 1 Bathroom1BR,1BA$750
Imperial Arms ApartmentsImperial Arms2BR,1BA$850
Sherwood FlatsB32BR,2BA$850
The Tower at Kent1 Bedroom / 1 Bathroom Silver1BR,1BA$910
The Grove at Patterson - Bldg 5922BR/1.0BA2BR,1BA$950

Best Value Apartments for Rent in Jackson, TN

As of August 08, 2026 the best value apartment in the Jackson area is the $1.03 price per square foot 2/1.5 Model at Woodtrail Apartment in the in the East Memphis neighborhood starting from $1,025. The second greatest value Jackson apartment is the 2BR/1.0BA Model at The Den Apartments starting at $1,000 with a $1.08 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.
Woodtrail Apartment2/1.52BR,1.5BA$1.03
The Den Apartments2BR/1.0BA2BR,1BA$1.08
Imperial Arms ApartmentsImperial Arms2BR,1BA$0.92
Sherwood Flats2-Bedroom Apartment with In-Unit Washer/Dryer N...2BR,1BA$0.97
Kiwi GojiGoji 1x1 Townhome1BR,1BA$1.60
The Grove at Patterson - Bldg 5922BR/1.0BA2BR,1BA$1.27
605 Patterson St2 Beds, 1 Baths2BR,1BA$1.24
The Tower at Kent1 Bedroom / 1 Bathroom Platinum1BR,1BA$1.55
TE - SpottswoodAve38751BR/1.0BA1BR,1BA$1.03
Cherry Creek Apartments1 Bedroom, 1 Bath1BR,1BA$1.36

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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Quick Rent Budget Calculator

How much rent can you afford?

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
Jackson, Memphis, TN

Ranked #75

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 TE - SpottswoodAve3875 which is listed at $599, while the average apartment in Jackson costs $950.

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 9 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 $495 which is $455 cheaper than the average rent for all rentals in Jackson.

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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