Cheap Apartments for Rent in the Mill Branch Neighborhood of Memphis, TN from $500 (10 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Mill Branch area of Memphis.

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.

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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.

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Mill Branch, Memphis, TN Local Guide

Cheapest Available Mill Branch Apartments for Rent

 

The cheapest available apartment rental in the Mill Branch area of Memphis, TN is a Studio unit found at New Horizon - Kingsgate priced from $577. Highland Meadows Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Mill Branch apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
New Horizon - KingsgateEffStudio,1BA$577
Highland Meadows Apartments1x1 7501BR,1BA$750
Pinetree Place Apartments2x12BR,1BA$775

Best Value Apartments for Rent in Mill Branch, TN

As of June 14, 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 B1 Model at Shelby Pointe Townhomes starting at $1,050 with a $0.95 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Wilson CrossingB22BR,1.5BA$0.93
Shelby Pointe TownhomesB12BR,1.5BA$0.95
The Posts3 Bedroom 2 Bath Townhome3BR,2BA$1.02
Sutton at Shelby2 Bedroom 1.5 Bathroom2BR,1.5BA$0.95
The DeSotoMagnolia1BR,1BA$1.24
Pinetree Place Apartments2x12BR,1BA$0.91
Graceland FlatsBeautiful Graceland Flats2BR,1BA$1.17
Graceland PointeB12BR,1BA$0.98
Highland Meadows Apartments1x1 7501BR,1BA$1.00
Holmes PointeA11BR,1BA$1.28

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Pet Friendly Lifestyle
Mill Branch, Memphis, TN

Ranked #75

Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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 $587 at New Horizon - Kingsgate.

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 $682 at New Horizon - Kingsgate.

What is the most affordable Mill Branch Three Bedroom Apartment?

The best deal on a cheap Mill Branch Three Bedroom Apartment rental is at New Horizon - Kingsgate and starts from $827.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.