Cheap Homes for Rent in Southeast Memphis Neighborhood of Memphis, TN from $500 (130 Rentals)

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

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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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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Southeast Memphis, Memphis, TN Local Guide

Cheapest Available Southeast Memphis Apartments for Rent

 

The cheapest available apartment rental in the Southeast Memphis area of Memphis, TN is a 1 Bed unit found at El Dorado priced from $548. The Residences at Lakeview has the second lowest priced unit, which is a Studio apartment currently listed from $581. Here are the most affordable Southeast Memphis apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
El Dorado1 Bedroom1BR,1BA$548
The Residences at LakeviewStudioStudio,1BA$581
New Horizon - Kingsgate1 Bedroom, 1 Bathroom1BR,1BA$587
Emerald Ridge1 bedroom 1 bathroom1BR,1BA$599
University CrossingsBrister1BR,1BA$675
Mill Creek Apartments2 Bedroom / 2 Bathroom2BR,2BA$680
Winchester GroveThe Willow - StudioStudio,1BA$684
Creekside Meadows1 Bedroom 1 Bathroom1BR,1BA$690
Sunrise Terrace Apartments1 Bedroom1BR,1BA$690
The Trails at Mt. Moriah1 bed 1 bath D1BR,1BA$695

Best Value Apartments for Rent in Southeast Memphis, TN

As of June 13, 2025 the best value apartment in the Southeast Memphis area is the $0.38 price per square foot Student Housing Per Person Model at 3570 Spottswood Ave in the in the East Memphis neighborhood starting from $750. The second greatest value Southeast Memphis apartment is the Entire home 4 Bedrooms 4 Baths Model at Student Lofts at Brister starting at $800 with a $0.43 price per square foot in the East Memphis neighborhood. Here is today’s list of the best values for Southeast Memphis apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3570 Spottswood AveStudent Housing Per Person5BR,5BA$0.38
Student Lofts at BristerEntire home 4 Bedrooms 4 Baths1BR,1BA$0.43
Cane Creek Apartments4 BED TOWNHOME4BR,2BA$0.70
Emerald Square4 bedroom 2.5 bathroom4BR,2.5BA$0.75
Emerald Pointe3 bedroom 2.5 bathroom3BR,2.5BA$0.70
Ridgewyck Townhomes2 Bedroom2BR,2BA$0.80
Shadowbrook Townhomes2 Bedroom w/ Den2BR,1.5BA$0.69
Plum TreeTwo Bedroom2BR,1.5BA$0.81
Flairwood Apartments2 Beds, 1 bath2BR,1BA$0.79
1101 S Rembert St, Unit 11011101 S Rembert St1BR,1BA$0.83

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Frequently Asked Questions about Southeast Memphis

What type of rentals are currently available in Southeast Memphis?

There are currently 516 Apartments for Rent in Southeast Memphis, TN with pricing that ranges from $549 to $16,420. There are also 575 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southeast Memphis ranging from $550 to $6,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Southeast Memphis ranges from $550 to $6,000 with an average monthly rent of $1,512.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Southeast Memphis range from $699 to $4,961, while Three Bedroom Homes, Condos, and Townhomes for rent range from $650 to $2,850. Four Bedroom Single-Family rentals are also available starting from $1,150 and Four Bedroom Apartments start at $549.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.