Cheap Apartments for Rent in the Mud Island Neighborhood of Memphis, TN from $600 (22 Rentals)

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

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Riverset Apartments
Rent Specials
$1,176 - $2,618
Total Monthly Price

Total Monthly Price

Base Rent
$1,176 - $2,618
Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

Riverset Apartments

100 Riverset LnMemphis, TN 38103
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  • Utilities Included

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property at 632 N 3rd St

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650
Total Monthly Price
$1,650

3 Bedroom, 1 Bath Home for Rent

Available Jun 15

632 N 3rd St

MemphisTN38107
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April Woods
2 to 3 Bedroom Apartments

April Woods

262 Chelsea AveMemphis, TN 38107
  • Utilities Included

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The Kendall
2 Bedroom Apartments

The Kendall

1018 N 7th StMemphis, TN 38107
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Uptown Flats
1 to 3 Bedroom Apartments

Uptown Flats

627 N Main StMemphis, TN 38107
  • Utilities Included
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Burkle and Main
2 to 4 Bedroom Apartments

Burkle and Main

812 N Main StMemphis, TN 38107

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Showing Results 1-22, Page 1 of 1

Cheapest Available Mud Island Apartments for Rent

 

The cheapest available apartment rental in the Mud Island area of Memphis, TN is a 2 Beds unit found at Greenlaw Apartments priced from $750. The Kendall has the second lowest priced unit, which is a 2 Beds apartment currently listed from $799. Here are the most affordable Mud Island apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$750
The Kendall2BR/1.0BA2BR,1BA$799
Bickford Square Apartments2BR/2BA2BR,2BA$895
Conwood Flats Apartment HomesS2 Studio1BR,1BA$1,000
Harbor Side at Conwood Flats ApartmentsS11BR,1BA$1,140

Best Value Apartments for Rent in Mud Island, TN

As of June 03, 2026 the best value apartment in the Mud Island area is the $1.65 price per square foot Enclave Model at Grand Island Apartments in the in the Downtown Memphis neighborhood starting from $2,280. The second greatest value Mud Island apartment is the 2-C Model at Uptown Flats starting at $1,163 with a $0.97 price per square foot in the Downtown Memphis neighborhood. Here is today’s list of the best values for Mud Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Grand Island ApartmentsEnclave3BR,2BA$1.65
Uptown Flats2-C2BR,2BA$0.97
Bickford Square Apartments2BR/2BA2BR,2BA$0.84
Arbors Harbor TownCedar - Renovated1BR,1BA$1.92
The Estates at River PointeA11BR,1BA$2.13
The Kendall2BR/1.0BA2BR,1BA$1.20
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$1.15
Riverset ApartmentsA1 - Elm1BR,1BA$1.91
Conwood Flats Apartment HomesS9 Studio1BR,1BA$2.15
592 N 3rd St, Unit 592 N. Third ST592 N 3rd St1BR,1BA$1.33

Frequently Asked Questions about Cheap Mud Island Apartments

What is the price of a cheap apartment in Mud Island?

The cheapest apartment in Mud Island is Conwood Flats Apartment Homes which is listed at $1,000, while the average apartment in Mud Island costs $2,280.

What types of apartments are the cheapest in Mud Island?

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 63 regular apartments in Mud Island 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 Mud Island?

Cheap apartments in Mud Island have an average cost of $992 which is $1,288 cheaper than the average rent for all rentals in Mud Island.

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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