Cheap Homes for Rent in Mud Island Neighborhood of Memphis, TN from $900 (8 Rentals)

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Search the lowest-cost Homes available for rent right now in the Mud Island area of Memphis.

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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 ListingModel NameBed/BathPriced From
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$750
The Kendall2BR/1.0BA2BR,1BA$815
Bickford Square Apartments2BR/2BA2BR,2BA$895

Best Value Apartments for Rent in Mud Island, TN

As of March 07, 2026 the best value apartment in the Mud Island area is the $1.96 price per square foot Three Bedroom Model at Harbor Island Apartments in the in the Downtown Memphis neighborhood starting from $2,778. The second greatest value Mud Island apartment is the B4 (2x2 Harbor Town) Model at Island Park/Harbor Town Square starting at $1,523 with a $1.24 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Harbor Island ApartmentsThree Bedroom3BR,2BA$1.96
Island Park/Harbor Town SquareB4 (2x2 Harbor Town)2BR,2BA$1.24
Bickford Square Apartments2BR/2BA2BR,2BA$0.84
Grand Island ApartmentsWaterstone1BR,1BA$1.82
The Estates at River PointeA21BR,1BA$1.61
The Kendall2BR/1.0BA2BR,1BA$1.22
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$1.15
Riverset ApartmentsA1 - Elm1BR,1BA$1.87
Arbors Harbor TownHibiscus - Renovated1BR,1BA$1.93
Belle Harbour ApartmentsA11BR,1BA$1.88

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 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mud Island ranging from $975 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 $975 to $3,490 with an average monthly rent of $1,910.

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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