
Cheap Apartments for Rent in the Mud Island Neighborhood of Memphis, TN from $600 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mud Island area of Memphis.


Greenlaw Apartments

The Metropolitan and Greenlaw Place Apartments

Bickford Square Apartments

Conwood Flats Apartment Homes
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Riverset Apartments

220 Mill Ave
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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 | $1,610 | $615 | $2,291 |
Mud Island 2 Bedroom Apartments | $1,855 | $795 | $2,800 |
Mud Island 3 Bedroom Apartments | $2,219 | $995 | $2,700 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 1 mile radius of the Mud Island Neighborhood of Memphis, TN.
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Mud Island, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
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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 |
Harbor Side at Conwood Flats Apartments | S1 | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $0.84 |
Belle Harbour Apartments | A4 | 1BR,1BA | $1.70 |
Island Park/Harbor Town Square | A1H (1x1 Harbor Town) | 1BR,1BA | $2.01 |
Grand Island Apartments | Waterstone | 1BR,1BA | $2.00 |
Conwood Flats Apartment Homes | A10 | 1BR,1BA | $2.00 |
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 | $1.92 |
Harbor Side at Conwood Flats Apartments | S1 | 1BR,1BA | $2.16 |
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Pet Friendly LifestyleMud Island, Memphis, TN
Ranked #52
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 $2,109.
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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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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
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