
Cheap Apartments for Rent in the Midtown Neighborhood of Memphis, TN from $500 (95 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the Midtown area of Memphis.


The Midtowner

Madison at McLean

The Citizen Apartments

Clark Terrace Apartments

1162 Peabody Ave

The Residence

Overton Garden Apartments

The Midline Apartments

88 N Willett St, Unit #3, Unit #3
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

32 N Belvedere Blvd, Unit 2, Unit 2

230 Cochran St

Peach Apartments

Medical Center Apartments

35 N Idlewild St

Idlewild Terrace

1077 Merriwether Ave

Merriwether

144 N. Belvedere

The Vinton
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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Monroe Flats

Stonewall Park Apartments

Courtyard @ 1460 Monroe

Colonial Apartments

Caprice

Almadura Apartments

1306 Carr Ave

1320 Faxon Ave

Delmar-Lema Village

32 Claybrook

The Alma

The Courts Midtown

Crescendo Apartments

1058 Peabody Ave

Mclean Plaza

220 N Willett St

1066 Greenlaw Ave

1319 Harbert Ave

Cherokee Arms

1733 Poplar Ave

Peabody Station Apartments

Dawson's Manor

226 N McNeil St

1271 Poplar Ave

Tucker Place
Midtown, Memphis, TN Local Guide

How much does it cost to rent an apartment in Midtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Midtown Studio Apartments | $975 | $634 | $1,500 |
| Midtown 1 Bedroom Apartments | $1,182 | $695 | $2,967 |
| Midtown 2 Bedroom Apartments | $1,380 | $825 | $3,400 |
| Midtown 3 Bedroom Apartments | $2,401 | $995 | $7,109 |
| Midtown 4 Bedroom Apartments | $1,925 | $1,900 | $1,950 |
Browse Apartments in this Neighborhood
There are currently 95 rentals with your search options within a 2 mile radius of the Midtown Neighborhood of Memphis, TN.
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Frequently Asked Questions about Cheap Midtown Apartments
What is a cheap apartment in Midtown?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Midtown is under $810.
What is the price of a cheap apartment in Midtown?
The cheapest apartment in Midtown is Merriwether which is listed at $750, while the average apartment in Midtown costs $2,295.
What types of apartments are the cheapest in Midtown?
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 119 regular apartments in Midtown 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 Midtown?
Cheap apartments in Midtown have an average cost of $572 which is $1,723 cheaper than the average rent for all rentals in Midtown.
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.