Cheap Apartments for Rent in the Mill Branch Neighborhood of Memphis, TN from $400 (19 Rentals)

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

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Sutton at Shelby
$780 - $1,175
Total Monthly Price

Total Monthly Price

Base Rent
$730 - $1,125
Required Monthly Fees
$50

Total Monthly Price
$780 - $1,175
1 to 3 Bedroom Apartments Available Now

Sutton at Shelby

1760 Chancery StMemphis, TN 38116
Affordability
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Birchleaf Apartments
2 Bedroom Apartments

Birchleaf Apartments

1033 Whitaker DrMemphis, TN 38116
  • Utilities Included
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Sterling Townhomes
1 to 2 Bedroom Apartments

Sterling Townhomes

1903 E Raines RdMemphis, TN 38116
  • Utilities Included
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Pinewood Manor
Studio to 2 Bedroom Apartments

Pinewood Manor

4260 E Peggy Jo DrMemphis, TN 38116

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Garden View Apartments
1 to 2 Bedroom Apartments

Garden View Apartments

1137 Whitaker DrMemphis, TN 38116
  • Utilities Included
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Gospel Gardens
1 to 4 Bedroom Apartments

Gospel Gardens

4801 Farris CirMemphis, TN 38109
  • Utilities Included
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Lakeville Townhomes
1 to 3 Bedroom Apartments

Lakeville Townhomes

2115 Oxford Square CtMemphis, TN 38116
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Raintree Apartments
2 Bedroom Apartments

Raintree Apartments

742 E Raines RdMemphis, TN 38116
  • Utilities Included

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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 2 Beds unit found at Pinetree Place Apartments priced from $625. Graceland Pointe Apartments: Modern Style, Excellent Value in Memphis 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 ListingModel NameBed/BathPriced From
Pinetree Place Apartments2 Bedroom Basic Remodel2BR,1BA$625
Graceland Pointe Apartments: Modern Style, Excellent Value in MemphisA11BR,1BA$695
The Posts1 Bedroom 1 Bath1BR,1BA$750
Mill Creek Apartments2 Bedroom / 1 Bathroom2BR,1BA$774
Foxhaven ApartmentsOne Bedroom1BR,1BA$843

Best Value Apartments for Rent in Mill Branch, TN

As of March 20, 2026 the best value apartment in the Mill Branch area is the $0.36 price per square foot Private Room Model at 1791 Whitman Rd in the in the South Memphis neighborhood starting from $800. The second greatest value Mill Branch apartment is the Three Bedroom Townhome w/ Railing Model at Fairway starting at $925 with a $0.65 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.
1791 Whitman RdPrivate Room5BR,1BA$0.36
FairwayThree Bedroom Townhome w/ Railing3BR,2BA$0.65
Wilson Crossing Townhomes: Your Spacious, Two-Story Home in Whitehaven, Memphis!B22BR,1.5BA$0.93
Faronia Square2 bdr 1.5 ba Plan I2BR,1.5BA$0.76
Chambliss Village TownhomesExperience Comfort and Convenience at Chambliss...2BR,1.5BA$0.99
TOWNHOMES w/ W/D INCLUDED! Gated 2 Bed / 1.5 Bath Townhomes near Shelby Dr!B12BR,1.5BA$0.93
Highland Meadows Apartments2x1.5 9502BR,1.5BA$0.92
Colonial Village Apartments2 Bedroom2BR,1BA$0.97
Mill Creek Apartments2 Bedroom / 1 Bathroom2BR,1BA$0.88
Graceland Pointe Apartments: Modern Style, Excellent Value in MemphisA11BR,1BA$1.04

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Pet Friendly Lifestyle
Mill Branch, Memphis, TN

Ranked #56

Among cities in Tennessee 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

What is the price of a cheap apartment in Mill Branch?

The cheapest apartment in Mill Branch is Graceland Pointe Apartments: Modern Style, Excellent Value in Memphis which is listed at $695, while the average apartment in Mill Branch costs $1,155.

What types of apartments are the cheapest in Mill Branch?

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 4 regular apartments in Mill Branch 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 Mill Branch?

Cheap apartments in Mill Branch have an average cost of $110 which is $1,045 cheaper than the average rent for all rentals in Mill Branch.

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.

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