
Cheap 2 Bedroom Apartments for Rent in the University District Memphis, TN from $695 (13 Rentals)


Greenline Apartments

411 Tillman St

Campus View

Maureen Manor Apartments

Camellia - Magnolia Gardens Apartments
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.

3089 Waynoka Ave

Eastern Heights

The Marie

3113 Yale Ave

4 N Holmes St

3117 Yale Ave
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

93 Eastview Dr
University District, Memphis, TN Local Guide

How much does it cost to rent an apartment in University District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University District Studio Apartments | $1,150 | $1,103 | $1,198 |
| University District 1 Bedroom Apartments | $1,142 | $825 | $1,575 |
University District 2 Bedroom Apartments | $1,298 | $695 | $1,870 |
| University District 3 Bedroom Apartments | $1,464 | $700 | $2,200 |
| University District 4 Bedroom Apartments | $739 | $640 | $1,511 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 1 mile radius of the University District Neighborhood of Memphis, TN.
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Frequently Asked Questions about Cheap University District Apartments
What is the price of a cheap apartment in University District?
The cheapest apartment in University District is Yugo Memphis Southern which is listed at $889, while the average apartment in University District costs $1,813.
What types of apartments are the cheapest in University District?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 38 regular apartments in University District that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in University District?
Cheap apartments in University District have an average cost of $619 which is $1,194 cheaper than the average rent for all rentals in University District.
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.
Articles, How-To's, and Tips

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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.