
Cheap 3 Bedroom Apartments for Rent in the North Memphis Neighborhood of Memphis, TN from $800 (20 Rentals)


High Point Apartments

Grahamwood Place

Bickford Square Apartments

858 Alaska St

3733 Vernon Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Festival Square Apartments

Harmony Woods

April Woods

Cavelier Court Apartments

932 Lewis St

2399 Golden Ave
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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.

3054 Coleman Ave

1152 N Dunlap St

1026 Harrison St

728 N Holmes St

679 Leath St

4071 Grey Rd
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3585 Mayfair Ave

3411 Rockwood Ave
North Memphis, Memphis, TN Local Guide

How much does it cost to rent an apartment in North Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| North Memphis Studio Apartments | $1,014 | $560 | $1,500 |
| North Memphis 1 Bedroom Apartments | $1,221 | $525 | $2,055 |
| North Memphis 2 Bedroom Apartments | $1,306 | $650 | $3,400 |
North Memphis 3 Bedroom Apartments | $1,916 | $800 | $3,400 |
| North Memphis 4 Bedroom Apartments | $3,217 | $900 | $6,697 |
Explore Memphis
North Memphis, Memphis, TN Local Guide
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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleCollege Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive
Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!
Read ArticleDon'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.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleNorth Memphis, Memphis, TN
Ranked #11
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap North Memphis Apartments
What is a cheap apartment in North Memphis?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in North Memphis is under $800.
What is the price of a cheap apartment in North Memphis?
The cheapest apartment in North Memphis is Springdale Creek Apartments which is listed at $800, while the average apartment in North Memphis costs $4,892.
What types of apartments are the cheapest in North Memphis?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 264 regular apartments in North Memphis that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in North Memphis?
Cheap apartments in North Memphis have an average cost of $449 which is $4,443 cheaper than the average rent for all rentals in North Memphis.
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.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.