Cheap Homes for Rent in Mill Branch Neighborhood of Memphis, TN from $1,000 (9 Rentals)

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

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.

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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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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 $665. 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$665
Graceland Pointe ApartmentsA11BR,1BA$695
Highland Meadows Apartments1x1 7501BR,1BA$750

Best Value Apartments for Rent in Mill Branch, TN

As of October 29, 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 Experience Comfort and Convenience at Chambliss... Model at Chambliss Village starting at $1,095 with a $0.99 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
Chambliss VillageExperience Comfort and Convenience at Chambliss...2BR,1.5BA$0.99
Shelby Pointe TownhomesB12BR,1.5BA$0.95
Colonial Village Apartments3 Bedroom3BR,2BA$0.86
Graceland FlatsBeautiful Graceland Flats2BR,1BA$1.17
Pinetree Place Apartments2 Bedroom Premium Remodel2BR,1BA$0.91
Pinewood ManorOne Bedroom Townhome1BR,1BA$1.05
Highland Meadows Apartments1x1 7501BR,1BA$1.00
Mill Creek Apartments1 Bedroom / 1 Bathroom1BR,1BA$1.03
Graceland Pointe ApartmentsA11BR,1BA$1.04

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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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.

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Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Mill Branch, Memphis, TN

Ranked #64

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 Mill Branch

What type of rentals are currently available in Mill Branch?

There are currently 51 Apartments for Rent in Mill Branch, TN with pricing that ranges from $650 to $1,770. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mill Branch ranging from $1,050 to $1,595.

What is the current price range for Rental Homes in Mill Branch?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Mill Branch ranges from $1,050 to $1,595 with an average monthly rent of $1,404.

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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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.