703 N 3rd St
MemphisTN38107
Cheap Homes for Rent in Mud Island Neighborhood of Memphis, TN from $1,000 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Mud Island area of Memphis.
519 N 5th St
MemphisTN38105
191 Looney Ave
MemphisTN38107
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$1,4851 Bedroom Apartments Available Now
711 N Front St
711 N Front StMemphis, TN 38107
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$1,5081 Bedroom Apartments Available Jan 30
645 N Front St
645 N Front StMemphis, TN 38107
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$1,5661 Bedroom Apartments Available Jan 27
645 N Front St
645 N Front StMemphis, 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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$1,5991 Bedroom Apartments Available Feb 28
645 N Front St
645 N Front StMemphis, TN 38107
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$1,6231 Bedroom Apartments Available Feb 28
645 N Front St
645 N Front StMemphis, TN 38107
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$1,6231 Bedroom Apartments Available Feb 15
645 N Front St
645 N Front StMemphis, TN 38107
599 Huron Ave
MemphisTN38107
618 Peyton Cir
MemphisTN38107
158 Keel Ave
MemphisTN38107
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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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 | $1,400 | $1,400 | $1,400 |
| Mud Island 3 Bedroom Homes for Rent | $2,475 | $1,645 | $3,490 |
| Mud Island 4 Bedroom Homes for Rent | $2,011 | $1,250 | $3,300 |
Browse Homes for Rent in this Neighborhood
There are currently 12 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 $815. 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 | $815 |
| Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $895 |
| Conwood Flats Apartment Homes | S6 Studio | 1BR,1BA | $940 |
| Uptown Flats | 1-B | 1BR,1BA | $955 |
Best Value Apartments for Rent in Mud Island, TN
As of January 21, 2026 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 A2 (1x1 Island Park) Model at Island Park/Harbor Town Square starting at $1,342 with a $1.44 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 | A2 (1x1 Island Park) | 1BR,1BA | $1.44 |
| Grand Island Apartments | Waterstone | 1BR,1BA | $1.78 |
| The Estates at River Pointe | A2 | 1BR,1BA | $1.58 |
| Uptown Flats | 1-B | 1BR,1BA | $1.26 |
| The Kendall | 2BR/1.0BA | 2BR,1BA | $1.22 |
| Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $1.15 |
| Riverset Apartments | A1 - Elm | 1BR,1BA | $1.87 |
| Arbors Harbor Town | Hibiscus - Renovated | 1BR,1BA | $1.99 |
| Belle Harbour Apartments | A1 | 1BR,1BA | $1.92 |
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 $750 to $3,300. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mud Island ranging from $1,015 to $3,490.
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 $1,015 to $3,490 with an average monthly rent of $1,725.
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.
Articles, How-To's, and Tips
Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.