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$7251 Bedroom Apartments Available Now
302 Mill Ave, Unit 102
302 Mill AveMemphis, TN 38105
Cheap Homes for Rent in Mud Island Neighborhood of Memphis, TN from $900 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Mud Island area of Memphis.
703 N 3rd St
MemphisTN38107
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
632 N 3rd St
MemphisTN38107
158 Keel Ave
MemphisTN38107
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.
825 N 7th St
MemphisTN38107
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Mud Island, Memphis, TN Local Guide
How much does it cost to rent a home in Mud Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mud Island 2 Bedroom Homes for Rent | $2,095 | $2,095 | $2,095 |
| Mud Island 3 Bedroom Homes for Rent | $2,499 | $1,650 | $3,400 |
| Mud Island 4 Bedroom Homes for Rent | $1,850 | $1,850 | $1,850 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 5 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 $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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $750 |
| The Kendall | 2BR/1.0BA | 2BR,1BA | $799 |
| Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $895 |
Best Value Apartments for Rent in Mud Island, TN
As of June 06, 2026 the best value apartment in the Mud Island area is the $1.71 price per square foot Enclave Model at Grand Island Apartments in the in the Downtown Memphis neighborhood starting from $2,370. The second greatest value Mud Island apartment is the 2BR/2BA Model at Bickford Square Apartments starting at $895 with a $0.84 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. |
|---|---|---|---|
| Grand Island Apartments | Enclave | 3BR,2BA | $1.71 |
| Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $0.84 |
| Harbor Island Apartments | One Bedroom | 1BR,1BA | $2.02 |
| Arbors Harbor Town | Cedar - Renovated | 1BR,1BA | $1.99 |
| Uptown Flats | 1-B | 1BR,1BA | $1.28 |
| The Estates at River Pointe | A1 | 1BR,1BA | $2.03 |
| The Kendall | 2BR/1.0BA | 2BR,1BA | $1.20 |
| Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $1.15 |
| Riverset Apartments | A1 - Elm | 1BR,1BA | $1.83 |
| 592 N 3rd St, Unit 592 N. Third ST | 592 N 3rd St | 1BR,1BA | $1.33 |
Frequently Asked Questions about Mud Island
What type of rentals are currently available in Mud Island?
There are currently 43 Apartments for Rent in Mud Island, TN with pricing that ranges from $600 to $3,300. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mud Island ranging from $975 to $3,400.
What is the current price range for Rental Homes in Mud Island?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mud Island ranges from $975 to $3,400 with an average monthly rent of $1,854.
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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