Cheap Apartments for Rent in the North Memphis Neighborhood of Memphis, TN from $300 (63 Rentals)

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

property at 820 Maury St

820 Maury St

MemphisTN38107
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411 Tillman St
2 Bedroom Apartments

411 Tillman St

411 Tillman StMemphis, TN 38112
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Rehab/QCT
1 to 2 Bedroom Apartments

Rehab/QCT

3250 Guernsey AveMemphis, TN 38112
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3335 Henry Ave
2 Bedroom Apartments

3335 Henry Ave

3335 Henry AveMemphis, TN 38122
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2238 Howell Ave
1 to 2 Bedroom Apartments

2238 Howell Ave

2238 Howell AveMemphis, TN 38108
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230 Cochran St
2 Bedroom Apartments

230 Cochran St

230 Cochran StMemphis, TN 38105
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Peach Apartments
1 Bedroom Apartments

Peach Apartments

1330 Peach AveMemphis, TN 38104
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Harmony Woods
2 to 3 Bedroom Apartments

Harmony Woods

3384 Harmony CtMemphis, TN 38122
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Pulse
Studio to 2 Bedroom Apartments

Pulse

57 N Somerville StMemphis, TN 38104
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April Woods
2 to 3 Bedroom Apartments

April Woods

262 Chelsea AveMemphis, TN 38107
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2086 Hubert Ave
2 Bedroom Apartments

2086 Hubert Ave

2086 Hubert AveMemphis, TN 38108
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Forrest Cove
2 Bedroom Apartments

Forrest Cove

3609 Forrest AveMemphis, TN 38122
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Grahamwood Flats
1 to 2 Bedroom Apartments

Grahamwood Flats

3803 GivenMemphis, TN 38122
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Showing Results 1-50, Page 1 of 2

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 4015 Summer Ave priced from $550. Shady Oaks has the second lowest priced unit, which is a 1 Bed apartment currently listed from $595. Here are the most affordable North Memphis apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
4015 Summer AveOne1BR,1BA$550
Shady Oaks1 Bed, 1 bath1BR,1BA$595
Grahamwood Place Apartments1 bedroom 1 bathroom1BR,1BA$699
University Gardens Manor2x1 Classic2BR,1BA$709
Overton PlaceStudioStudio,1BA$725
Springdale Creek Apartments1 Bedroom1BR,1BA$725
Summer Oaks Apartments2 Beds, 1 bath2BR,1BA$750
Villages at Harrison CreekThe Willows1BR,1BA$750
144 N. Belvedere2 BR, 1 BA2BR,1BA$750
Belvedere Gardens Condominiums1x1 Bath1BR,1BA$775

Best Value Apartments for Rent in North Memphis, TN

As of September 15, 2025 the best value apartment in the North Memphis area is the $0.89 price per square foot Spacious Model at 1468 Snowden Ave in the in the Midtown Memphis neighborhood starting from $1,500. The second greatest value North Memphis apartment is the 2 Bed 1.5 Bath Model at Stonewall Apartments starting at $895 with a $0.81 price per square foot in the Midtown 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.
1468 Snowden AveSpacious2BR,1.5BA$0.89
Stonewall Apartments2 Bed 1.5 Bath2BR,1.5BA$0.81
Bickford Square Apartments2BR/2BA2BR,2BA$0.84
Park Terrace2 x 12BR,1BA$1.03
1855 Poplar Ave, Unit 41855 Poplar Ave2BR,2BA$1.00
Summer Oaks Apartments2 Beds, 1 bath2BR,1BA$0.81
Shady Oaks1 Bed, 1 bath1BR,1BA$0.66
144 N. Belvedere2 BR, 1 BA2BR,1BA$1.00
Grahamwood Place Apartments1 bedroom 1 bathroom1BR,1BA$0.93
4015 Summer AveOne1BR,1BA$0.88

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
North Memphis, Memphis, TN

Ranked #8

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 Overton Place listed at $725.

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

The lowest price for a Cheap One Bedroom North Memphis Apartment is $550 at 4015 Summer Ave.

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 $709 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 $940.

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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.