Cheap Homes for Rent in McKeller Neighborhood of Memphis, TN from $900 (13 Rentals)

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

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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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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Showing Results 1-13, Page 1 of 1

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 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 $1,345. Here are the most affordable McKeller apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
The Crescent at 1612 Bedroom 2 Bath2BR,2BA$1,200
The Trace at 1612 Bedroom2BR,2BA$1,345
Weatherstone Apartments3 Bedroom, 2 Bathroom3BR,2BA$1,599

Best Value Apartments for Rent in McKeller, TN

As of May 07, 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 2 Bedroom Model at The Trace at 161 starting at $1,345 with a $1.17 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 1612 Bedroom2BR,2BA$1.17
The Crescent at 161Renovated 2 Bedroom 2 Bath2BR,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.

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Real 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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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.

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Pet Friendly Lifestyle

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Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

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Frequently Asked Questions about McKeller

What type of rentals are currently available in McKeller?

There are currently 8 Apartments for Rent in McKeller, TN with pricing that ranges from $999 to $1,599. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in McKeller ranging from $945 to $2,850.

What is the current price range for Rental Homes in McKeller?

Today's rental pricing for Homes for Rent, Condos and Townhomes in McKeller ranges from $945 to $2,850 with an average monthly rent of $1,352.

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 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.

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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.

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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.