1022 N 2nd St
MemphisTN38107
Cheap Apartments for Rent in the Mud Island Neighborhood of Memphis, TN from $600 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mud Island area of Memphis.
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Rent Specials
$795 - $9952 Bedroom Apartments Available Now
Greenlaw Apartments
267 Greenlaw AveMemphis, TN 38105
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$8501 to 3 Bedroom Apartments Available Now
The Metropolitan and Greenlaw Place Apartments
374 Mill AveMemphis, TN 38107
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$895 - $9952 to 3 Bedroom Apartments Available Now
Bickford Square Apartments
281 Bickford AveMemphis, TN 38107
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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Rent Specials
$1,025 - $2,7151 to 2 Bedroom Apartments Available Now
Riverset Apartments
100 Riverset LnMemphis, TN 38103
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Rent Specials
$1,140 - $3,3001 to 3 Bedroom Apartments Available Now
Harbor Side at Conwood Flats Apartments
645 N Front StMemphis, TN 38107
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$1,155 - $2,3651 to 3 Bedroom Apartments Available Now
Island Park/Harbor Town Square
1440 Island Park DrMemphis, TN 38103
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$1,197 - $2,6001 to 3 Bedroom Apartments Available Now
Arbors Harbor Town
671 Harbor Edge DrMemphis, TN 38103
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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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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.
703 N 3rd St
MemphisTN38107
164 Keel Ave
MemphisTN38107
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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 | $1,349 | $615 | $2,400 |
| Mud Island 2 Bedroom Apartments | $1,755 | $850 | $2,649 |
| Mud Island 3 Bedroom Apartments | $2,073 | $995 | $3,300 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 1 mile radius of the Mud Island Neighborhood of Memphis, TN.
See all Apartments in MemphisExplore Memphis
Mud Island, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
- Nearby Cities
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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 $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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $795 |
| The Kendall | 2BR/1.0BA | 2BR,1BA | $799 |
| The Metropolitan and Greenlaw Place Apartments | Greenlaw 1 Bedroom Flat | 1BR,1BA | $850 |
| Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $895 |
| Riverset Apartments | A1S - Elm w/Sunroom | 1BR,1BA | $1,025 |
Best Value Apartments for Rent in Mud Island, TN
As of September 15, 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 A1H (1x1 Harbor Town) Model at Island Park/Harbor Town Square starting at $1,255 with a $1.46 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. |
|---|---|---|---|
| Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $0.84 |
| Island Park/Harbor Town Square | A1H (1x1 Harbor Town) | 1BR,1BA | $1.46 |
| Conwood Flats Apartment Homes | B1 | 2BR,2BA | $2.06 |
| The Estates at River Pointe | A2 | 1BR,1BA | $1.94 |
| Grand Island Apartments | Verona | 1BR,1BA | $1.93 |
| The Metropolitan and Greenlaw Place Apartments | Greenlaw 1 Bedroom Flat | 1BR,1BA | $1.16 |
| The Kendall | 2BR/1.0BA | 2BR,1BA | $1.20 |
| Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $1.22 |
| Riverset Apartments | A1 - Elm | 1BR,1BA | $1.71 |
| Arbors Harbor Town | Hibiscus - Renovated | 1BR,1BA | $1.90 |
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Pet Friendly LifestyleMud Island, Memphis, TN
Ranked #54
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $2,069.
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 19 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 $229 which is $1,840 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.
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
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.
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.