
Cheap Homes for Rent in the Northeast Memphis Neighborhood of Memphis, TN from $600 (87 Rentals)
Search the lowest-cost Homes available for rent right now in the Northeast Memphis area of Memphis.


6103 Yorkhill Dr, Unit B

1855 Poplar Woods Cir W

975 N White Station Rd

1365 Garden Rd

6695 Whispering Oak Pl

4694 McCrory Ave

3338 Covington Pike

6692 Whispering Oak Pl

4667 Violet Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1841 S Perkins Rd

1050 Dora Cove

1855 Poplar Woods Cir W, Unit Spacious 1BR 1BA for rent

1612 Hopewell Rd

1629 Raymore Rd

6680 Whispering Oaks

4956 Durbin Ave

Furnished Studio-Memphis - Wolfchase Galleria

4744 Barfield Rd

1024 Mendenhall Cove
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.

8176 Harley Sq.

5211 Kimbark Woods Dr

978 Gary St

6935 Hillindale Dr

1710 Kirby Pkwy

1373 Mullins Station Rd

6705 Majestic Oak Pl

1356 Mt Moriah Rd

6630 Windflower Ln

1787 S Perkins Rd
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.

1982 Goldbrier Ln

6913 Hillindale Dr

1250 S Perkins Rd

1896 Poplar Woods Cir E

4668 Priscilla Ave

8796 Chaffee Rd

2644 Courtney Dr

5166 Blueridge Dr

3180 Bluefield St

1271 Brady Hollow Ln
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.

4591 Lawrence Rd

2219 Goldbrier Ln

1749 S Perkins Rd

4877 Summitridge Dr

1552 Delmont Rd

6696 Whispering Oak Pl

3087 Barley Mills Cir

953 Stratford Rd

5101 Rolling Fields Dr

1725 Ridge Oak Pl
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.
Northeast Memphis, Memphis, TN Local Guide

How much does it cost to rent a home in Northeast Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Northeast Memphis 2 Bedroom Homes for Rent | $1,405 | $995 | $2,000 |
| Northeast Memphis 3 Bedroom Homes for Rent | $1,795 | $1,050 | $3,250 |
| Northeast Memphis 4 Bedroom Homes for Rent | $2,373 | $1,445 | $4,250 |
| Northeast Memphis 5 Bedroom Homes for Rent | $3,372 | $1,950 | $6,250 |
Browse Homes for Rent in this Neighborhood
There are currently 87 rentals with your search options within a 2 mile radius of the Northeast Memphis Neighborhood of Memphis, TN.
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Northeast Memphis, Memphis, TN Local Guide
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Cheapest Available Northeast Memphis Apartments for Rent
 The cheapest available apartment rental in the Northeast Memphis area of Memphis, TN is a 2 Beds unit found at Oak Grove Flats priced from $667. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oak Grove Flats | 2BR | 2BR,1BA | $667 |
| Edgewater Apartments | 1BR/1BA | 1BR,1BA | $705 |
| Summer Trace Apartments | The Ayers | 1BR,1BA | $725 |
| Avery Park Apartments | 1X1 | 1BR,1BA | $770 |
| The Summit Apartments | Ash | 1BR,1BA | $777 |
| Covington Hills | CVHA1r | 1BR,1BA | $799 |
| The Canopy 2200 | One Bedroom One Bathroom | 1BR,1BA | $799 |
| Greenbrook at Shelby Farms | Magnolia | 1BR,1BA | $803 |
| Mendenhall Gardens | 1A | 1BR,1BA | $825 |
| The Summereast Apartments | A1 | 1BR,1BA | $830 |
Best Value Apartments for Rent in Northeast Memphis, TN
As of July 15, 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 3brTH 2.5ba Model at Village of Sycamore Ridge starting at $1,175 with a $0.73 price per square foot in the East Memphis neighborhood. Here is today’s list of the best values for Northeast Memphis apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sunridge Townhomes | 4 Bed, 3 Bath | 4BR,3BA | $0.74 |
| Village of Sycamore Ridge | 3brTH 2.5ba | 3BR,2.5BA | $0.73 |
| The Glen Townhomes | 3 BR 2BA 2 Patio | 3BR,2BA | $0.89 |
| Fairfax Manor Townhomes | 2 Bedroom-2.5 Bath | 2BR,2.5BA | $1.09 |
| Colonial Estates | 2 Bedroom/2 Bathroom Renovated | 2BR,2BA | $0.99 |
| Poplar Place Townhomes | Lennox | 2BR,1.5BA | $0.93 |
| The Stella Apartments | Magellan - 2 Bed, 2 Bath | 2BR,2BA | $1.08 |
| Oak Grove Flats | 3BR | 3BR,1.5BA | $0.94 |
| Mendenhall Gardens | 1A | 1BR,1BA | $1.05 |
| Edgewater Apartments | 1BR/1BA | 1BR,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!
Read ArticleDon'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.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleNortheast Memphis, Memphis, TN
Ranked #6
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Northeast Memphis
What type of rentals are currently available in Northeast Memphis?
There are currently 145 Apartments for Rent in Northeast Memphis, TN with pricing that ranges from $667 to $7,985. There are also 591 Single Family Homes for rent, Condos, and Townhome rentals currently available in Northeast Memphis ranging from $695 to $6,250.
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 $695 to $6,250 with an average monthly rent of $1,984.
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 $3,456, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $3,250. Four Bedroom Single-Family rentals are also available starting from $1,445 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

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive
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The Local Memphis Expert's Guide to Renting Near the Citys Top Employers
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Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.