
Cheap Homes for Rent in the Mud Island Neighborhood of Memphis, TN from $800 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Mud Island area of Memphis.


703 N 3rd St

158 Keel Ave
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269 Looney Ave

1175 Harbor River Dr

1164 Misty Isle Dr
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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 | $1,997 | $800 | $2,800 |
| Mud Island 3 Bedroom Homes for Rent | $2,528 | $1,525 | $3,900 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 1 mile radius of the Mud Island Neighborhood of Memphis, TN.
Explore Memphis
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 $725. Bickford Square Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $895. 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 | $725 |
| Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $895 |
| Uptown Flats | 1-B Type A | 1BR,1BA | $973 |
Best Value Apartments for Rent in Mud Island, TN
As of September 05, 2026 the best value apartment in the Mud Island area is the $1.24 price per square foot B4 (2x2 Harbor Town) Model at Harbor Town Square in the in the Downtown Memphis neighborhood starting from $1,530. The second greatest value Mud Island apartment is the Terrace Model at Grand Island Apartments starting at $1,758 with a $1.48 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. |
|---|---|---|---|
| Harbor Town Square | B4 (2x2 Harbor Town) | 2BR,2BA | $1.24 |
| Grand Island Apartments | Terrace | 2BR,2BA | $1.48 |
| Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $0.84 |
| Arbors Harbor Town | Cypress - Renovated | 2BR,1BA | $1.81 |
| Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $0.85 |
| Island Park/Harbor Town Square | A1A (1x1 Island Park ) | 1BR,1BA | $1.58 |
| Uptown Flats | 1-A | 1BR,1BA | $1.30 |
| Conwood Flats Apartment Homes | A9 | 1BR,1BA | $1.93 |
| The Estates at River Pointe | A1 | 1BR,1BA | $1.89 |
| Riverset Apartments | A1 - Elm | 1BR,1BA | $1.76 |
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 $725 to $3,300. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mud Island ranging from $800 to $3,900.
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 $800 to $3,900 with an average monthly rent of $2,291.
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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