Cheap Apartments for Rent in the Northeast Memphis Neighborhood of Memphis, TN from $600 (77 Rentals)

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

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Coves at Yale
1 to 3 Bedroom Apartments

Coves at Yale

5022 Yale RdMemphis, TN 38128
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X - Gramercy Park
1 to 2 Bedroom Apartments

X - Gramercy Park

2163 Nathaniel Cir WMemphis, TN 38134
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The Embassy Apartments
Studio to 3 Bedroom Apartments

The Embassy Apartments

505 S Perkins RdMemphis, TN 38117
  • Utilities Included
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Bartlett Crossing
1 to 2 Bedroom Apartments

Bartlett Crossing

5760 S Silvercreek DrMemphis, TN 38134
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Shelby Grove
2 Bedroom Apartments

Shelby Grove

6357 Shelby Briar DrMemphis, TN 38134
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Covington Hills
1 to 3 Bedroom Apartments

Covington Hills

4800 Raleigh Lagrange RdMemphis, TN 38128
Showing Results 1-50, Page 1 of 2

Northeast Memphis, Memphis, TN Local Guide

Cheapest Available Northeast Memphis Apartments for Rent

 

The cheapest available apartment rental in the Northeast Memphis area of Memphis, TN is a Studio unit found at Elite Living Residence priced from $650. Oak Grove Flats has the second lowest priced unit, which is a 2 Beds apartment currently listed from $667. Here are the most affordable Northeast Memphis apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Elite Living ResidenceStudioStudio,1BA$650
Oak Grove Flats2BR2BR,1BA$667
The Summit ApartmentsAsh1BR,1BA$706
Avery Park Apartments1X11BR,1BA$745
Sycamore Lake1 Bed 1 Bath1BR,1BA$778
Summer Trace ApartmentsThe Bonelli2BR,1BA$785
Greenbrook at Shelby FarmsSycamore1BR,1BA$837
Covington Hills1 BR renovated1BR,1BA$850
Deerfield Apartments1.11BR,1BA$850
TanglewoodOne Bedroom One Bathroom1BR,1BA$859

Best Value Apartments for Rent in Northeast Memphis, TN

As of August 27, 2025 the best value apartment in the Northeast Memphis area is the $1.07 price per square foot Dupree Model at Poplar Place Townhomes in the in the Germantown neighborhood starting from $1,275. The second greatest value Northeast Memphis apartment is the The Apennine - Affordable Model at Enclave at Wolfchase starting at $1,199 with a $1.04 price per square foot in the Cordova-Appling neighborhood. Here is today’s list of the best values for Northeast Memphis apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Poplar Place TownhomesDupree2BR,1.5BA$1.07
Enclave at WolfchaseThe Apennine - Affordable2BR,2BA$1.04
The Landings at Houston LeveeThe Delta - 2x22BR,2BA$1.15
Colonial Estates2 Bedroom/2 Bathroom2BR,1BA$1.16
The Stella ApartmentsDesoto - 2 Bed, 1 Bath2BR,1BA$0.96
Brentwood Apartments2x2 Classic2BR,2BA$0.91
Oak Grove Flats3BR3BR,1.5BA$0.94
Deerfield Apartments1.11BR,1BA$1.13
Sycamore Lake1 Bed 1 Bath1BR,1BA$1.04
Covington Hills1 BR renovated1BR,1BA$1.14

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Pet Friendly Lifestyle
Northeast Memphis, Memphis, TN

Ranked #2

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

This website compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Northeast Memphis, TN. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and easy access to the parks, features that make it easier to raise kids, raising pets, transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Northeast Memphis Apartments

What is the Cheapest Studio apartment in Northeast Memphis?

Currently the most affordable Cheap Studio Apartment in Northeast Memphis is at Elite Living Residence listed at $650.

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

The lowest price for a Cheap One Bedroom Northeast Memphis Apartment is $745 at Avery Park Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Northeast Memphis is starting from $667 at Oak Grove Flats.

What is the most affordable Northeast Memphis Three Bedroom Apartment?

The best deal on a cheap Northeast Memphis Three Bedroom Apartment rental is at Oak Grove Flats and starts from $935.

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.

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You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.