Cheap Apartments for Rent in the Mud Island Neighborhood of Memphis, TN from $600 (13 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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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

Mud Island, Memphis, TN Local Guide

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 $795. 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$795
The Kendall2BR/1.0BA2BR,1BA$799
The Metropolitan and Greenlaw Place ApartmentsGreenlaw 1 Bedroom Flat1BR,1BA$850
Bickford Square Apartments2BR/2BA2BR,2BA$895
Harbor Side at Conwood Flats ApartmentsS11BR,1BA$1,140

Best Value Apartments for Rent in Mud Island, TN

As of July 31, 2025 the best value apartment in the Mud Island area is the $0.84 price per square foot 2BR/2BA Model at Bickford Square Apartments in the in the Downtown Memphis neighborhood starting from $895. The second greatest value Mud Island apartment is the A4 Model at Belle Harbour Apartments starting at $1,582 with a $1.70 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.
Bickford Square Apartments2BR/2BA2BR,2BA$0.84
Belle Harbour ApartmentsA41BR,1BA$1.70
Island Park/Harbor Town SquareA1H (1x1 Harbor Town)1BR,1BA$2.01
Grand Island ApartmentsWaterstone1BR,1BA$2.00
Conwood Flats Apartment HomesA101BR,1BA$2.00
The Metropolitan and Greenlaw Place ApartmentsGreenlaw 1 Bedroom Flat1BR,1BA$1.16
The Kendall2BR/1.0BA2BR,1BA$1.20
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$1.22
Riverset ApartmentsA1 - Elm1BR,1BA$1.92
Harbor Side at Conwood Flats ApartmentsS11BR,1BA$2.16

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Pet Friendly Lifestyle
Mud Island, Memphis, TN

Ranked #52

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Mud Island Neighborhood in Memphis, TN

Walk Score®

48 / 100

Car-Dependent

Most errands require a car

Bike Score®

44 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

53 / 100

Good Transit

Many nearby public transportation options

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 The Metropolitan and Greenlaw Place Apartments which is listed at $850, while the average apartment in Mud Island costs $2,109.

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 5 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 $219 which is $1,890 cheaper than the average rent for all rentals in Mud Island.

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 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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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.

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The Art of the Rental Viewing: What to look for during a property tour

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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.