Cheap Apartments for Rent in the McKeller Neighborhood of Memphis, TN from $400 (6 Rentals)

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

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Azalea Ridge Apartments
1 to 3 Bedroom Apartments

Azalea Ridge Apartments

7480 Highway 161 NWalls, MS 38680
Furnished
  • Utilities Included
  • Smoke Free

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McKeller, Memphis, TN Local Guide

Cheapest Available McKeller Apartments for Rent

 

The cheapest available apartment rental in the McKeller area of Memphis, TN is a 1 Bed unit found at The Trace at 161 priced from $1,100. The Crescent at 161 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,125. Here are the most affordable McKeller apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
The Trace at 1611 Bedroom1BR,1BA$1,100
The Crescent at 1611 Bedroom 1 Bath1BR,1BA$1,125
Weatherstone Apartments2 Bedroom, 2 Bathroom2BR,2BA$1,129

Best Value Apartments for Rent in McKeller, TN

As of January 10, 2026 the best value apartment in the McKeller area is the $1.08 price per square foot 3 Bedroom, 2 Bathroom Model at Weatherstone Apartments in the in the McKeller neighborhood starting from $1,599. The second greatest value McKeller apartment is the 1 Bedroom Model at The Trace at 161 starting at $1,100 with a $1.15 price per square foot in the McKeller neighborhood. Here is today’s list of the best values for McKeller apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Weatherstone Apartments3 Bedroom, 2 Bathroom3BR,2BA$1.08
The Trace at 1611 Bedroom1BR,1BA$1.15
The Crescent at 1611 Bedroom 1 Bath1BR,1BA$1.40

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Pet Friendly Lifestyle

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Frequently Asked Questions about Cheap McKeller Apartments

What types of apartments are the cheapest in McKeller?

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 McKeller 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 McKeller?

Cheap apartments in McKeller have an average cost of $426 which is $1,149 cheaper than the average rent for all rentals in McKeller.

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

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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.