Cheap Apartments for Rent in the Jackson Neighborhood of Memphis, TN from $500 (36 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Read Article
close
View Me
Campus View
1 to 2 Bedroom Apartments

Campus View

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

Cherry Gardens

4350 Dunn RdMemphis, TN 38111
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article
close
View Me
Thompson Heights
2 Bedroom Apartments

Thompson Heights

1566-1578 Stribling StMemphis, TN 38111
  • Utilities Included
close
View Me
Serenity at Highland
Studio to 1 Bedroom Apartments

Serenity at Highland

400 S Highland StMemphis, TN 38111
Senior Living
  • Utilities Included
close
View Me
Rhodes Townhomes
2 Bedroom Apartments

Rhodes Townhomes

3640 Rhodes AveMemphis, TN 38111
  • Utilities Included
close
View Me
Audubon Park Place
Studio to 2 Bedroom Apartments

Audubon Park Place

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

Brister Place

625 Brister StMemphis, TN 38111

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
close
View Me
Tiger Flats
1 to 2 Bedroom Apartments

Tiger Flats

650 Minor RdMemphis, TN 38111
  • Utilities Included
close
View Me
The Embassy Apartments
Studio to 3 Bedroom Apartments

The Embassy Apartments

505 S Perkins RdMemphis, TN 38117
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article
Showing Results 1-36, Page 1 of 1

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 Studio unit found at The Residences at Lakeview priced from $581. University Crossings has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here are the most affordable Jackson apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
The Residences at LakeviewStudioStudio,1BA$581
University CrossingsBrister1BR,1BA$675
3570 Spottswood AveStudent Housing5BR,5BA$750
Cherry Creek -FREE month!1 Bedroom1BR,1BA$795
Azure Place Apartments1 Bedroom A1BR,1BA$855
Sherwood Flats2 Bed, 1 Bath2BR,1BA$905
The Tower at Kent1 Bedroom / 1 Bathroom Silver1BR,1BA$910
Woodtrail Apartment1/11BR,1BA$925
Element at MidtownStudioStudio,1BA$1,015
240 Flats1 Bedroom 1 Bathroom1BR,1BA$1,099

Best Value Apartments for Rent in Jackson, TN

As of June 19, 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 $800 with a $0.43 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$0.43
MAA Park EstateThe Marquette3BR,2BA$1.22
Den Apartments2 BR-W/D-End Unit2BR,1BA$1.45
Sherwood FlatsB22BR,1BA$1.08
Woodtrail Apartment1/11BR,1BA$1.16
Century Apartments2S2BR,1BA$1.79
The Tower at Kent1 Bedroom / 1 Bathroom Gold1BR,1BA$1.39
University CrossingsBrister1BR,1BA$1.04
Cherry Creek -FREE month!1 Bedroom1BR,1BA$1.45

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Jackson, Memphis, TN

Ranked #44

Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Jackson Apartments

What is a cheap apartment in Jackson?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Jackson is under $1,099.

What is the price of a cheap apartment in Jackson?

The cheapest apartment in Jackson is University Crossings which is listed at $675, 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 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 $1,582 which is $2,168 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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.