703 N 3rd St
MemphisTN38107
Cheap Homes for Rent in Mud Island Neighborhood of Memphis, TN from $1,200 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Mud Island area of Memphis.
164 Keel Ave
MemphisTN38107
269 Looney Ave
MemphisTN38107
204 Greenlaw Ave
MemphisTN38105
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.
685 N FIFTH ST
685 N 5th St
MemphisTN38107
519 N 5th St
MemphisTN38105
685 N 5th St
MemphisTN38107
599 Huron 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.
701 N 3rd St
MemphisTN38107
Showing Results 1-9, Page 1 of 1
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 | $2,020 | $1,400 | $2,400 |
| Mud Island 3 Bedroom Homes for Rent | $2,536 | $1,500 | $4,000 |
| Mud Island 4 Bedroom Homes for Rent | $1,597 | $1,550 | $1,645 |
Browse Homes for Rent in this Neighborhood
There are currently 9 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
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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 |
Best Value Apartments for Rent in Mud Island, TN
As of September 06, 2025 the best value apartment in the Mud Island area is the $1.65 price per square foot B4 (2x2 Harbor Town) Model at Island Park/Harbor Town Square in the in the Downtown Memphis neighborhood starting from $2,028. 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. |
|---|---|---|---|
| Island Park/Harbor Town Square | B4 (2x2 Harbor Town) | 2BR,2BA | $1.65 |
| Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $0.84 |
| Conwood Flats Apartment Homes | B1 | 2BR,2BA | $2.06 |
| Grand Island Apartments | Verona | 1BR,1BA | $1.77 |
| The Metropolitan and Greenlaw Place Apartments | Greenlaw 1 Bedroom Flat | 1BR,1BA | $1.16 |
| The Estates at River Pointe | A1 | 1BR,1BA | $1.87 |
| 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 #52
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Mud Island
What type of rentals are currently available in Mud Island?
There are currently 42 Apartments for Rent in Mud Island, TN with pricing that ranges from $795 to $3,300. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mud Island ranging from $1,200 to $4,000.
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 $1,200 to $4,000 with an average monthly rent of $1,838.
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.
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.
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.