Cheap Apartments for Rent in the Mill Branch Neighborhood of Memphis, TN from $400 (17 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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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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Raintree Apartments
2 Bedroom Apartments

Raintree Apartments

742 E Raines RdMemphis, TN 38116
  • Utilities Included

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Garden View Apartments
1 to 2 Bedroom Apartments

Garden View Apartments

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

Gospel Gardens

4801 Farris CirMemphis, TN 38109
  • Utilities Included

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 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 ListingModel NameBed/BathPriced From
Mill Creek Apartments1 Bedroom / 1 Bathroom1BR,1BA$666
Graceland Pointe ApartmentsA11BR,1BA$695
Highland Meadows Apartments1x1 7501BR,1BA$750
Pinetree Place Apartments2x12BR,1BA$775
Colonial Village Apartments2 Bedroom2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Wilson CrossingB22BR,1.5BA$0.93
Faronia Square2 bdr 1.5 ba Plan IV2BR,1.5BA$0.75
Shelby Pointe TownhomesB12BR,1.5BA$0.95
The Posts3 Bedroom 2 Bath Townhome3BR,2BA$1.02
Pinewood ManorTwo Bedroom2BR,1.5BA$0.95
Colonial Village Apartments2 Bedroom2BR,1BA$0.92
Pinetree Place Apartments2x12BR,1BA$0.91
Highland Meadows Apartments1x1 7501BR,1BA$1.00
Mill Creek Apartments1 Bedroom / 1 Bathroom1BR,1BA$1.03
Graceland Pointe ApartmentsA11BR,1BA$1.04

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Pet Friendly Lifestyle
Mill Branch, Memphis, TN

Ranked #53

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

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.

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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.

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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.

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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.

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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.