
Cheap Apartments for Rent in the Mud Island Neighborhood of Memphis, TN from $640 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mud Island area of Memphis.


The Metropolitan and Greenlaw Place Apartments

Bickford Square Apartments

Harbor Side at Conwood Flats Apartments

Total Monthly Price
Riverset Apartments

Conwood Flats Apartment Homes

Island Park/Harbor Town Square

Arbors Harbor Town
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April Woods

The Kendall

218 Chelsea Ave

Greenlaw Apartments

703 N 3rd St
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Uptown Flats

Burkle and Main

158 Keel Ave

Harbor Town Square

269 Looney Ave

Harbor Island Apartments

1175 Harbor River Dr

1164 Misty Isle Dr
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Mud Island, Memphis, TN Local Guide

How much does it cost to rent an apartment in Mud Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mud Island 1 Bedroom Apartments | $1,390 | $870 | $2,400 |
| Mud Island 2 Bedroom Apartments | $1,745 | $725 | $2,588 |
| Mud Island 3 Bedroom Apartments | $2,235 | $995 | $3,300 |
Browse Apartments in this Neighborhood
There are currently 24 rentals with your search options within a 1 mile radius of the Mud Island Neighborhood of Memphis, TN.
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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 $725. Bickford Square Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $895. Here are the most affordable Mud Island apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $725 |
| Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $895 |
| Uptown Flats | 1-B Type A | 1BR,1BA | $973 |
| Riverset Apartments | A1 - Elm | 1BR,1BA | $1,111 |
| Harbor Side at Conwood Flats Apartments | S1 | 1BR,1BA | $1,140 |
Best Value Apartments for Rent in Mud Island, TN
As of September 05, 2026 the best value apartment in the Mud Island area is the $1.24 price per square foot B4 (2x2 Harbor Town) Model at Harbor Town Square in the in the Downtown Memphis neighborhood starting from $1,530. The second greatest value Mud Island apartment is the Terrace Model at Grand Island Apartments starting at $1,758 with a $1.48 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Harbor Town Square | B4 (2x2 Harbor Town) | 2BR,2BA | $1.24 |
| Grand Island Apartments | Terrace | 2BR,2BA | $1.48 |
| Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $0.84 |
| Arbors Harbor Town | Cypress - Renovated | 2BR,1BA | $1.81 |
| Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $0.85 |
| Island Park/Harbor Town Square | A1A (1x1 Island Park ) | 1BR,1BA | $1.58 |
| Uptown Flats | 1-A | 1BR,1BA | $1.30 |
| Conwood Flats Apartment Homes | A9 | 1BR,1BA | $1.93 |
| The Estates at River Pointe | A1 | 1BR,1BA | $1.89 |
| Riverset Apartments | A1 - Elm | 1BR,1BA | $1.76 |
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 Uptown Flats which is listed at $973, while the average apartment in Mud Island costs $1,436.
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 49 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 $864 which is $572 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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