Cheap Homes for Rent in Northeast Memphis Neighborhood of Memphis, TN from $700 (124 Rentals)

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

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

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 4801 Given Ave

4801 Given Ave

MemphisTN38122

Affordable Memphis: The Best Neighborhoods with Character and Lower Rents

Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

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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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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$708
Summer Trace ApartmentsThe Ayers1BR,1BA$725
The Meridian Apartments1 Bed 1 Bath1BR,1BA$750
Greenbrook at Shelby FarmsSycamore1BR,1BA$764
The Canopy 2200One Bedroom One Bathroom Large1BR,1BA$829
Sycamore Lake1 Bed 1 Bath1BR,1BA$835
Brentwood Apartments1x1 Classic1BR,1BA$850
Covington Hills1 BR renovated1BR,1BA$850

Best Value Apartments for Rent in Northeast Memphis, TN

As of November 29, 2025 the best value apartment in the Northeast Memphis area is the $0.78 price per square foot 3 Bed 2.5 Bath Model at Sunridge Townhomes in the in the Raleigh neighborhood starting from $1,395. The second greatest value Northeast Memphis apartment is the 4 Bedroom Gar Model at Fairfax Manor Townhomes starting at $1,800 with a $1.09 price per square foot in the Germantown 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.
Sunridge Townhomes3 Bed 2.5 Bath3BR,2.5BA$0.78
Fairfax Manor Townhomes4 Bedroom Gar4BR,3BA$1.09
Village of Sycamore Ridge3brTH 2.5ba3BR,2.5BA$0.73
The Landings at Houston LeveeThe Bayfront - 3x23BR,2BA$1.08
MAA Park EstateThe Overton2BR,2BA$1.08
Poplar Place TownhomesDupree2BR,1.5BA$1.07
The Stella ApartmentsMagellan - 2 Bed, 2 Bath2BR,2BA$1.08
Oak Grove Flats3BR3BR,1.5BA$0.94
The Meridian Apartments1 Bed 1 Bath1BR,1BA$0.94
Greenbrook at Shelby FarmsPine1BR,1BA$1.11

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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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
Northeast Memphis, Memphis, TN

Ranked #5

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Northeast Memphis

What type of rentals are currently available in Northeast Memphis?

There are currently 134 Apartments for Rent in Northeast Memphis, TN with pricing that ranges from $650 to $3,745. There are also 699 Single Family Homes for rent, Condos, and Townhome rentals currently available in Northeast Memphis ranging from $700 to $6,200.

What is the current price range for Rental Homes in Northeast Memphis?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Northeast Memphis ranges from $700 to $6,200 with an average monthly rent of $2,100.

How much are larger Three and Four Bedroom Rentals in Northeast Memphis?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Northeast Memphis range from $935 to $3,218, while Three Bedroom Homes, Condos, and Townhomes for rent range from $875 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $1,795.

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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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

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

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.