Cheap Apartments for Rent in the North Memphis Neighborhood of Memphis, TN from $300 (171 Rentals)

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Search the lowest-cost Apartments available for rent right now in the North Memphis area of Memphis.

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property at 2485 Harvard Ave

$999

Total Monthly Price

Total Monthly Price

Base Rent
$999
Total Monthly Price
$999

2 Bedroom, 1 Bath Townhome for Rent

Available Now

2485 Harvard Ave

MemphisTN38112

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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North Memphis, Memphis, TN Local Guide

Cheapest Available North Memphis Apartments for Rent

 

The cheapest available apartment rental in the North Memphis area of Memphis, TN is a 1 Bed unit found at Springdale Creek Apartments priced from $625. University Gardens Manor has the second lowest priced unit, which is a 2 Beds apartment currently listed from $659. Here are the most affordable North Memphis apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Springdale Creek Apartments1 Bedroom1BR,1BA$625
University Gardens Manor2x1 Classic2BR,1BA$659
Grahamwood Place1 bedroom 1 bathroom1BR,1BA$699
High Point Apartments2 Bedroom 1 Bathroom2BR,1BA$730
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$750
Summer Oaks Apartments4030 Summer2BR,1BA$750
Uptown Square ApartmentsStudio - HandicappedStudio,1BA$760
Edison ParkOne Bedroom High-RiseStudio,1BA$765
The Pulse Apartments1 Bedroom 1 Bathroom1BR,1BA$779
Parkside Poplar Apartments1 Bedroom1BR,1BA$795

Best Value Apartments for Rent in North Memphis, TN

As of April 01, 2026 the best value apartment in the North Memphis area is the $1.00 price per square foot NTM-B1 Model at Number 10 Main in the in the Downtown Memphis neighborhood starting from $1,250. The second greatest value North Memphis apartment is the 1751 Poplar Ave Model at 1751 Poplar Ave starting at $999 with a $0.91 price per square foot in the East Memphis neighborhood. Here is today’s list of the best values for North Memphis apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Number 10 MainNTM-B12BR,2BA$1.00
1751 Poplar Ave1751 Poplar Ave2BR,1BA$0.91
Stonewall Apartments2 Bed 1.5 Bath2BR,1.5BA$0.81
Bickford Square Apartments2BR/2BA2BR,2BA$0.84
Park Terrace2 x 12BR,1BA$1.03
High Point Apartments2 Bedroom 1 Bathroom2BR,1BA$0.77
Summer Oaks Apartments4030 Summer2BR,1BA$0.81
Parkside Poplar Apartments1 Bedroom1BR,1BA$0.98
Grahamwood Place1 bedroom 1 bathroom1BR,1BA$0.93
Springdale Creek Apartments1 Bedroom1BR,1BA$0.89

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.

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College 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!

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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.

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The 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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Cash 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.

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Quick 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.

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Pet Friendly Lifestyle
North Memphis, Memphis, TN

Ranked #14

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in metropolitan areas across the United States including North Memphis, Memphis, and the greater Memphis area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, pet-friendly features, places that make kids happy, proximity to transit, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap North Memphis Apartments

What is the Cheapest Studio apartment in North Memphis?

Currently the most affordable Cheap Studio Apartment in North Memphis is at Uptown Square Apartments listed at $760.

How much is rent for a Cheap One Bedroom North Memphis Apartment?

The lowest price for a Cheap One Bedroom North Memphis Apartment is $625 at Springdale Creek Apartments.

What is the lowest price for a Cheap Two Bedroom North Memphis Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in North Memphis is starting from $659 at University Gardens Manor.

What is the most affordable North Memphis Three Bedroom Apartment?

The best deal on a cheap North Memphis Three Bedroom Apartment rental is at Springdale Creek Apartments and starts from $800.

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

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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

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I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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Maximizing Your Refund: Essential Tax Tips for Renters

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

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Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.