
Cheap Apartments for Rent in the McKeller Neighborhood of Memphis, TN from $400 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the McKeller area of Memphis.


Total Monthly Price
The Trace at 161

The Crescent at 161
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Weatherstone Apartments

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McKeller, Memphis, TN Local Guide

How much does it cost to rent an apartment in McKeller?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| McKeller 1 Bedroom Apartments | $1,074 | $999 | $1,175 |
| McKeller 2 Bedroom Apartments | $1,265 | $1,129 | $1,375 |
| McKeller 3 Bedroom Apartments | $1,565 | $1,495 | $1,625 |
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McKeller, Memphis, TN Local Guide
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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 Weatherstone Apartments priced from $999. The Crescent at 161 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,075. Here are the most affordable McKeller apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Weatherstone Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $999 |
| The Crescent at 161 | Renovated 1 Bedroom 1 Bath | 1BR,1BA | $1,075 |
| The Trace at 161 | 2 Bedroom | 2BR,2BA | $1,245 |
Best Value Apartments for Rent in McKeller, TN
As of February 24, 2026 the best value apartment in the McKeller area is the $1.11 price per square foot 3 Bedroom Model at The Trace at 161 in the in the McKeller neighborhood starting from $1,495. The second greatest value McKeller apartment is the 1 Bedroom, 1 Bathroom Model at Weatherstone Apartments starting at $999 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Trace at 161 | 3 Bedroom | 3BR,2BA | $1.11 |
| Weatherstone Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.15 |
| The Crescent at 161 | Renovated 1 Bedroom 1 Bath | 1BR,1BA | $1.39 |
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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 7 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 $353 which is $1,246 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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