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1 to 4 Bedroom Apartments
Harold Ford Senior Villas
621 Deerskin DrMemphis, TN 38109
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.
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$1,245 - $1,5751 to 3 Bedroom Apartments Available Now
The Trace at 161
6800 Highway 161Walls, MS 38680
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Rent Specials
$1,025 - $1,4251 to 3 Bedroom Apartments Available Now
The Crescent at 161
7320 Highway 161Walls, MS 38680
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.
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$999 - $1,5991 to 3 Bedroom Apartments Available Now
Weatherstone Apartments
5904 Chance Dr NHorn Lake, MS 38637
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1 to 3 Bedroom Apartments
Azalea Ridge Apartments
7480 Highway 161 NWalls, MS 38680
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Studio Apartments
Ranch Meadows Phase 5
7798 Melisa DrWalls, MS 38680
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.
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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 | $1,049 | $999 | $1,075 |
| McKeller 2 Bedroom Apartments | $1,293 | $1,129 | $1,375 |
| McKeller 3 Bedroom Apartments | $1,525 | $1,425 | $1,599 |
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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 2 Beds unit found at The Crescent at 161 priced from $1,200. The Trace at 161 has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,245. Here are the most affordable McKeller apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Crescent at 161 | 2 Bedroom 2 Bath | 2BR,2BA | $1,200 |
| The Trace at 161 | 2 Bedroom | 2BR,2BA | $1,245 |
| Weatherstone Apartments | 3 Bedroom, 2 Bathroom | 3BR,2BA | $1,599 |
Best Value Apartments for Rent in McKeller, TN
As of May 27, 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 3 Bedroom Model at The Trace at 161 starting at $1,495 with a $1.11 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. |
|---|---|---|---|
| Weatherstone Apartments | 3 Bedroom, 2 Bathroom | 3BR,2BA | $1.08 |
| The Trace at 161 | 3 Bedroom | 3BR,2BA | $1.11 |
| The Crescent at 161 | Renovated 2 Bedroom 2 Bath | 2BR,2BA | $1.29 |
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.
Read ArticleReal 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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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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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 5 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 $441 which is $1,094 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
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.