
Cheap Homes for Rent in Jackson Neighborhood of Memphis, TN from $500 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Jackson area of Memphis.


692 Tiger Estates Dr

3885 Spottswood Ave

3654 Kearney Ave, Unit Left Unit - Kathy, Unit Left Unit - Kathy

657 Watson St

1300 Robin Hood Ln
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1202 Dogwood Dr

755 Houston St

3583 Watauga Ave

670 Goodman St

3764 Carnes Ave

3812 Kearney Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Jackson, Memphis, TN Local Guide

How much does it cost to rent a home in Jackson?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Jackson 2 Bedroom Homes for Rent | $1,232 | $575 | $1,750 |
| Jackson 3 Bedroom Homes for Rent | $1,518 | $995 | $2,400 |
| Jackson 4 Bedroom Homes for Rent | $1,956 | $1,295 | $4,400 |
| Jackson 5 Bedroom Homes for Rent | $3,597 | $1,695 | $5,500 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Jackson Neighborhood of Memphis, TN.
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Jackson, Memphis, TN Local Guide
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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 $599. Monarch on Highland has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here are the most affordable Jackson apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Yugo Memphis Southern | 4 Bed, 4 Bath Classic | 4BR,4BA | $599 |
| Monarch on Highland | MHLA1 | 1BR,1BA | $600 |
| Audubon Park Place | Studio/1BA | Studio,1BA | $695 |
| Cherry Creek Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $750 |
| Woodtrail Apartment | 1/1 | 1BR,1BA | $795 |
Best Value Apartments for Rent in Jackson, TN
As of May 03, 2026 the best value apartment in the Jackson area is the $0.38 price per square foot Entire home 4 Bedrooms 4 Baths Model at Student Lofts at Brister in the in the East Memphis neighborhood starting from $695. The second greatest value Jackson apartment is the The Overton Model at MAA Park Estate starting at $1,653 with a $1.27 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Student Lofts at Brister | Entire home 4 Bedrooms 4 Baths | 1BR,1BA | $0.38 |
| MAA Park Estate | The Overton | 2BR,2BA | $1.27 |
| Sherwood Flats | Grandes ofertas de mudanza 2/2 recamaras! Great... | 2BR,2BA | $0.95 |
| Woodtrail Apartment | 2/1.5 | 2BR,1.5BA | $1.03 |
| Imperial Arms Apartments | Imperial Arms | 2BR,1BA | $0.86 |
| Brister Place Apartments | 2bedroom, 1bathroom | 2BR,1BA | $1.03 |
| The Nine at Memphis | 2Bed / 2Bath A | 2BR,2BA | $0.97 |
| Yugo Memphis Southern | 2 Bed, 2 Bath Plus | 2BR,2BA | $1.14 |
| Cherry Creek Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $1.36 |
| Monarch on Highland | MHLA1 | 1BR,1BA | $1.52 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleCollege 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!
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick 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.
Pet Friendly LifestyleJackson, Memphis, TN
Ranked #78
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Jackson
What type of rentals are currently available in Jackson?
There are currently 78 Apartments for Rent in Jackson, TN with pricing that ranges from $640 to $1,850. There are also 97 Single Family Homes for rent, Condos, and Townhome rentals currently available in Jackson ranging from $575 to $5,500.
What is the current price range for Rental Homes in Jackson?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Jackson ranges from $575 to $5,500 with an average monthly rent of $1,882.
How much are larger Three and Four Bedroom Rentals in Jackson?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Jackson range from $715 to $1,850, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,295 and Four Bedroom Apartments start at $640.
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.
Articles, How-To's, and Tips

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.