
Cheap Apartments for Rent in the Mill Branch Neighborhood of Memphis, TN from $400 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mill Branch area of Memphis.


Graceland Pointe Apartments

Pinetree Place Apartments

Highland Meadows Apartments
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.

Lakeville Townhomes

Oakwood Meadows Estates

Sutton at Shelby
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Mill Branch, Memphis, TN Local Guide

How much does it cost to rent an apartment in Mill Branch?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Mill Branch 1 Bedroom Apartments | $823 | $662 | $1,148 |
Mill Branch 2 Bedroom Apartments | $962 | $761 | $1,588 |
Mill Branch 3 Bedroom Apartments | $1,205 | $910 | $1,770 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Mill Branch Neighborhood of Memphis, TN.
See all Apartments in MemphisExplore Memphis
Mill Branch, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Mill Branch Apartments for Rent
 The cheapest available apartment rental in the Mill Branch area of Memphis, TN is a 1 Bed unit found at Mill Creek Apartments priced from $666. Graceland Pointe Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here are the most affordable Mill Branch apartments for rent in Memphis, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Mill Creek Apartments | 1 Bedroom / 1 Bathroom | 1BR,1BA | $666 |
Graceland Pointe Apartments | A1 | 1BR,1BA | $695 |
Highland Meadows Apartments | 1x1 750 | 1BR,1BA | $750 |
Pinetree Place Apartments | 2x1 | 2BR,1BA | $775 |
Colonial Village Apartments | 2 Bedroom | 2BR,1BA | $825 |
Best Value Apartments for Rent in Mill Branch, TN
As of September 15, 2025 the best value apartment in the Mill Branch area is the $0.93 price per square foot B2 Model at Wilson Crossing in the in the South Memphis neighborhood starting from $1,115. The second greatest value Mill Branch apartment is the 2 bdr 1.5 ba Plan IV Model at Faronia Square starting at $900 with a $0.75 price per square foot in the South Memphis neighborhood. Here is today’s list of the best values for Mill Branch apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Wilson Crossing | B2 | 2BR,1.5BA | $0.93 |
Faronia Square | 2 bdr 1.5 ba Plan IV | 2BR,1.5BA | $0.75 |
Shelby Pointe Townhomes | B1 | 2BR,1.5BA | $0.95 |
The Posts | 3 Bedroom 2 Bath Townhome | 3BR,2BA | $1.02 |
Pinewood Manor | Two Bedroom | 2BR,1.5BA | $0.95 |
Colonial Village Apartments | 2 Bedroom | 2BR,1BA | $0.92 |
Pinetree Place Apartments | 2x1 | 2BR,1BA | $0.91 |
Highland Meadows Apartments | 1x1 750 | 1BR,1BA | $1.00 |
Mill Creek Apartments | 1 Bedroom / 1 Bathroom | 1BR,1BA | $1.03 |
Graceland Pointe Apartments | A1 | 1BR,1BA | $1.04 |
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.
Pet Friendly LifestyleMill Branch, Memphis, TN
Ranked #53
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Mill Branch Apartments
How much is rent for a Cheap One Bedroom Mill Branch Apartment?
The lowest price for a Cheap One Bedroom Mill Branch Apartment is $662 at Mill Creek Apartments.
What is the lowest price for a Cheap Two Bedroom Mill Branch Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Mill Branch is starting from $761 at Mill Creek Apartments.
What is the most affordable Mill Branch Three Bedroom Apartment?
The best deal on a cheap Mill Branch Three Bedroom Apartment rental is at Colonial Village Apartments and starts from $950.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.