
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.


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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.
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 | $980 | $666 | $1,545 |
Mill Branch 2 Bedroom Apartments | $989 | $659 | $1,546 |
Mill Branch 3 Bedroom Apartments | $1,258 | $910 | $1,880 |
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.
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Mill Branch, Memphis, TN Local Guide
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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 Whitehaven Oaks Apartments priced from $650. Mill Creek Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $659. Here are the most affordable Mill Branch apartments for rent in Memphis, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Whitehaven Oaks Apartments | Apartments | 1BR,1BA | $650 |
Mill Creek Apartments | 2 Bedroom / 2 Bathroom | 2BR,2BA | $659 |
Highland Meadows Apartments | 1x1 750 | 1BR,1BA | $750 |
Pinetree Place Apartments | 2x1 | 2BR,1BA | $775 |
Holmes Pointe | A1 | 1BR,1BA | $820 |
Best Value Apartments for Rent in Mill Branch, TN
As of July 30, 2025 the best value apartment in the Mill Branch area is the $0.76 price per square foot 3 bdr 1.5 ba Plan V Model at Faronia Square in the in the South Memphis neighborhood starting from $955. The second greatest value Mill Branch apartment is the B2 Model at Wilson Crossing starting at $1,115 with a $0.93 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. |
---|---|---|---|
Faronia Square | 3 bdr 1.5 ba Plan V | 3BR,1.5BA | $0.76 |
Wilson Crossing | B2 | 2BR,1.5BA | $0.93 |
Chambliss Village | Experience Comfort and Convenience at Chambliss... | 2BR,1.5BA | $0.99 |
Shelby Pointe Townhomes | B1 | 2BR,1.5BA | $0.95 |
Sutton at Shelby | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $0.95 |
Colonial Village Apartments | 2 Bedroom | 2BR,1BA | $0.92 |
Pinetree Place Apartments | 2x1 | 2BR,1BA | $0.91 |
Graceland Pointe Apartments | B1 | 2BR,1BA | $0.98 |
Highland Meadows Apartments | 1x1 750 | 1BR,1BA | $1.00 |
Mill Creek Apartments | 1 Bedroom / 1 Bathroom | 1BR,1BA | $0.94 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleMill Branch, Memphis, TN
Ranked #54
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
What is the price of a cheap apartment in Mill Branch?
The cheapest apartment in Mill Branch is Whitehaven Oaks Apartments which is listed at $650, while the average apartment in Mill Branch costs $1,160.
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 5 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 $168 which is $992 cheaper than the average rent for all rentals in Mill Branch.
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.

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.

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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.

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.

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.