Cheap Homes for Rent in the Northeast Memphis Neighborhood of Memphis, TN from $725 (99 Rentals)

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

property at 6103 Yorkhill Dr

$725 - $925

Total Monthly Price

Total Monthly Price

Base Rent
$725 - $925
Total Monthly Price
$725 - $925

1 Bedroom, 1 Bath Home for Rent

Available Now

6103 Yorkhill Dr

BartlettTN38135

Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City

Moving to the Bluff City? Get the insider’s guide on Memphis life, from specific neighborhood personalities and current average rent, to the best barbecue and live music spots.

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property at 1105 Dora St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

2 Bedroom, 2 Bath Home for Rent

Available Now

1105 Dora St

MemphisTN38122

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 1710 Kirby Pkwy

$1,195 - $1,250

2 Bedroom Rentals

Available Now

1710 Kirby Pkwy

MemphisTN38120

The Local Memphis Expert's Guide to Renting Near the City's Top Employers

Memphis apartment guide from a local expert, breaking down neighborhoods, average rent, and ideal commute times near the 5 largest employers - FedEx, St. Jude, U of M, Methodist, and AutoZone.

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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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property at 6761 Whitten Pine Dr

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350
Total Monthly Price
$1,350

3 Bedroom, 2 Bath Townhome for Rent

Available Now

6761 Whitten Pine Dr

MemphisTN38134
property at 4742 Violet Ave

$1,375

Total Monthly Price

Total Monthly Price

Base Rent
$1,375
Total Monthly Price
$1,375

3 Bedroom, 1 Bath Home for Rent

Available Now

4742 Violet Ave

MemphisTN38122

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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 1 Bed unit found at The Summit Apartments priced from $680. Edgewater Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $705. Here are the most affordable Northeast Memphis apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
The Summit ApartmentsAsh1BR,1BA$680
Edgewater Apartments1BR/1BA1BR,1BA$705
Summer Trace ApartmentsThe Ayers1BR,1BA$715
Avery Park Apartments1X11BR,1BA$745
Greenbrook at Shelby FarmsMagnolia1BR,1BA$797
The Canopy 2200One Bedroom One Bathroom1BR,1BA$799
Mendenhall Gardens1A1BR,1BA$799
Park Place at Shelby Farms1Bd/1Ba Classic1BR,1BA$800
The Stella ApartmentsColumbus - 1 Bed, 1 Bath1BR,1BA$846
Gramercy Park1 Bedroom 1 Bathroom1BR,1BA$850

Best Value Apartments for Rent in Northeast Memphis, TN

As of August 29, 2026 the best value apartment in the Northeast Memphis area is the $0.74 price per square foot 4 Bed, 3 Bath Model at Sunridge Townhomes in the in the Raleigh neighborhood starting from $1,545. The second greatest value Northeast Memphis apartment is the 2 Bedroom-2.5 Bath Model at Fairfax Manor Townhomes starting at $1,465 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 Townhomes4 Bed, 3 Bath4BR,3BA$0.74
Fairfax Manor Townhomes2 Bedroom-2.5 Bath2BR,2.5BA$1.09
Poplar Place TownhomesLennox2BR,1.5BA$0.93
The Meridian Apartments3 Bed 2 Bath3BR,2BA$0.92
Cedar RidgeCE2B2B2BR,2BA$1.05
The Stella ApartmentsMagellan - 2 Bed, 2 Bath2BR,2BA$1.08
The Landings at Houston LeveeThe Cove - 1x11BR,1BA$1.03
Oak Grove Flats2BR2BR,1BA$1.05
Greenbrook at Shelby FarmsPine1BR,1BA$1.10
Edgewater Apartments1BR/1BA1BR,1BA$0.94

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 #8

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 148 Apartments for Rent in Northeast Memphis, TN with pricing that ranges from $705 to $7,985. There are also 595 Single Family Homes for rent, Condos, and Townhome rentals currently available in Northeast Memphis ranging from $725 to $5,995.

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 $725 to $5,995 with an average monthly rent of $1,944.

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 $1,005 to $3,789, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $1,545.

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.

Helpful Local Expert Guides

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Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City

Written by: Joshua Carlucci

Hello from Memphis, Tennessee. I'm Josh, your ApartmentHomeLiving.com Local Expert for Memphis, and I spent years in this city eating, writing, cooking, studying, and getting to know it block by block.

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The Local Memphis Expert's Guide to Renting Near the Citys Top Employers

Written by: Joshua Carlucci

I'm Josh, your ApartmentHomeLiving.

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College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive

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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

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Articles, How-To's, and Tips

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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.