
Cheap Apartments for Rent in the Midtown Neighborhood of Memphis, TN from $500 (73 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the Midtown area of Memphis.


Idlewild Terrace

1077 Merriwether Ave

Belvedere Gardens Condominiums

The Vinton

144 N. Belvedere

Stonewall Park Apartments

Monroe Flats

Courtyard @ 1460 Monroe

Colonial Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Caprice

Almadura Apartments

The Courts Midtown

Delmar-Lema Village

The Alma

Crescendo Apartments

1058 Peabody Ave

1319 Harbert Ave

The Sylvia

1733 Poplar Ave

1170 Peabody Ave

Dawson's Manor

226 N McNeil St
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 | $1,019 | $699 | $1,710 |
| Midtown 1 Bedroom Apartments | $1,204 | $715 | $2,300 |
| Midtown 2 Bedroom Apartments | $1,462 | $850 | $3,400 |
| Midtown 3 Bedroom Apartments | $2,434 | $1,325 | $6,029 |
| Midtown 4 Bedroom Apartments | $2,655 | $1,500 | $6,171 |
Browse Apartments in this Neighborhood
There are currently 73 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 $800.
What is the price of a cheap apartment in Midtown?
The cheapest apartment in Midtown is Village Square which is listed at $715, while the average apartment in Midtown costs $4,630.
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 63 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 $459 which is $4,171 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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.