994 N 7th St
MemphisTN38107
Cheap Homes for Rent in Mud Island Neighborhood of Memphis, TN from $1,000 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Mud Island area of Memphis.
703 N 3rd St
MemphisTN38107
164 Keel Ave
MemphisTN38107
830 N 7th St
MemphisTN38107
191 Looney 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.
269 Looney Ave
MemphisTN38107
162 Keel Ave
MemphisTN38107
685 N 5th St
MemphisTN38107
685 N FIFTH ST
685 N 5th St
MemphisTN38107
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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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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 | $1,643 | $1,400 | $1,995 |
| Mud Island 3 Bedroom Homes for Rent | $2,481 | $1,350 | $4,000 |
| Mud Island 4 Bedroom Homes for Rent | $1,863 | $1,450 | $2,495 |
Browse Homes for Rent in this Neighborhood
There are currently 11 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 $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 |
| The Metropolitan and Greenlaw Place Apartments | Greenlaw 1 Bedroom Flat | 1BR,1BA | $850 |
| Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $895 |
| Uptown Flats | 1-A | 1BR,1BA | $955 |
Best Value Apartments for Rent in Mud Island, TN
As of October 23, 2025 the best value apartment in the Mud Island area is the $1.72 price per square foot B3 Model at The Estates at River Pointe in the in the Downtown Memphis neighborhood starting from $2,150. 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. |
|---|---|---|---|
| The Estates at River Pointe | B3 | 2BR,2BA | $1.72 |
| Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $0.84 |
| Uptown Flats | 2-A | 2BR,2BA | $1.11 |
| Arbors Harbor Town | Cypress - Renovated | 2BR,1BA | $1.71 |
| Island Park/Harbor Town Square | A1H (1x1 Harbor Town) | 1BR,1BA | $1.43 |
| Grand Island Apartments | Waterstone | 1BR,1BA | $1.59 |
| 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 | $1.15 |
| Riverset Apartments | A1 - Elm | 1BR,1BA | $1.72 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe 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.
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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 43 Apartments for Rent in Mud Island, TN with pricing that ranges from $550 to $3,300. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mud Island ranging from $1,050 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 $1,050 to $4,000 with an average monthly rent of $1,759.
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.
Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.