2917 Yale Ave
MemphisTN38112
Cheap Apartments for Rent in the University District Memphis, TN from $335 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the University District area of Memphis.
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$750 - $1,0501 to 2 Bedroom Apartments Available Sep 5
Monarch on Highland
274 S Highland StMemphis, TN 38111
3089 Waynoka Ave
MemphisTN38111
3583 Watauga Ave
MemphisTN38111
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$825 - $1,1001 to 2 Bedroom Apartments Available Now
Greenline Apartments
300 N Highland StMemphis, TN 38111
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$8501 Bedroom Apartments Available Now
The Landing on the Strip
461 S Highland StMemphis, TN 38111
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$860 - $1,3901 to 2 Bedroom Apartments Available Now
The Tower at Kent
366 S Highland StMemphis, TN 38111
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$987 - $1,7611 to 4 Bedroom Apartments Available Sep 5
Tillman Cove
2998 Tillman CvMemphis, TN 38112
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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$1,000 - $1,200
Total Monthly Price
Base Rent$1,000 - $1,200
Total Monthly Price$1,000 - $1,200
The Den Apartments
3562 Mynders AveMemphis, TN 38111
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$1,006 - $2,575Studio to 3 Bedroom Apartments Available Now
Highland Row
395 S Highland StMemphis, TN 38111
3148 Highland Park Pl
MemphisTN38111
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2 Bedroom Apartments
411 Tillman St
411 Tillman StMemphis, TN 38112
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1 to 2 Bedroom Apartments
Campus View
3606 Walker AveMemphis, TN 38111
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2 Bedroom Apartments
Maureen Manor Apartments
3084 Yale AveMemphis, TN 38112
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1 to 3 Bedroom Apartments
Camellia - Magnolia Gardens Apartments
204 Windover RdMemphis, TN 38111
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Studio to 1 Bedroom Apartments
Serenity at Highland
400 S Highland StMemphis, TN 38111
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.
3042 McAdoo Ave
MemphisTN38112
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1 to 3 Bedroom Apartments
Eastern Heights
281 Johnson Cir WMemphis, TN 38112
2972 Hale Ave
MemphisTN38112
166 Eastview Dr
MemphisTN38111
4 N Holmes St
MemphisTN38111
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1 to 2 Bedroom Apartments
The Marie
160 Hayden PlMemphis, TN 38111
3117 Yale Ave
MemphisTN38112
425 Carpenter St
MemphisTN38112
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.
Showing Results 1-24, Page 1 of 1
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 | $1,163 | $1,123 | $1,231 |
| University District 1 Bedroom Apartments | $933 | $750 | $3,459 |
| University District 2 Bedroom Apartments | $1,388 | $750 | $2,550 |
| University District 3 Bedroom Apartments | $1,695 | $600 | $2,316 |
| University District 4 Bedroom Apartments | $800 | $550 | $1,761 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 24 rentals with your search options within a 1 mile radius of the University District Neighborhood of Memphis, TN.
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Cheapest Available University District Apartments for Rent
The cheapest available apartment rental in the University District area of Memphis, TN is a 2 Beds unit found at The Marie priced from $850. The Landing on the Strip has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable University District apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Marie | 2BR/1.0BA | 2BR,1BA | $850 |
| The Landing on the Strip | 1BR/1.0BA | 1BR,1BA | $850 |
| The Tower at Kent | 1 Bedroom / 1 Bathroom Silver | 1BR,1BA | $910 |
| Greenline Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $945 |
| The Den Apartments | 2BR/1.0BA | 2BR,1BA | $1,000 |
Best Value Apartments for Rent in University District, TN
As of September 05, 2026 the best value apartment in the University District area is the $0.50 price per square foot 4 Beds, 2 Baths Model at 378 N HIGHLAND St in the in the East Memphis neighborhood starting from $1,500. The second greatest value University District apartment is the Kiwi 2x1 Townhome Model at Kiwi Goji starting at $1,426 with a $1.30 price per square foot in the East Memphis neighborhood. Here is today’s list of the best values for University District apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 378 N HIGHLAND St | 4 Beds, 2 Baths | 4BR,2BA | $0.50 |
| Kiwi Goji | Kiwi 2x1 Townhome | 2BR,1BA | $1.30 |
| The Den Apartments | 2BR/1.0BA | 2BR,1BA | $1.08 |
| Greenline Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.08 |
| The Marie | 2BR/1.0BA | 2BR,1BA | $0.97 |
| The Nine at Memphis | 2Bed / 2Bath A | 2BR,2BA | $0.97 |
| The Tower at Kent | 1 Bedroom / 1 Bathroom Platinum | 1BR,1BA | $1.55 |
| Highland Row | Hines | Studio ,1BA | $2.05 |
| The Annex of Memphis | Studio | Studio ,1BA | $2.15 |
| The Landing on the Strip | 1BR/1.0BA | 1BR,1BA | $1.60 |
Frequently Asked Questions about Cheap University District Apartments
What is a cheap apartment in University District?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University District is under $1,500.
What is the price of a cheap apartment in University District?
The cheapest apartment in University District is The Landing on the Strip which is listed at $850, while the average apartment in University District costs $950.
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 71 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 $1,000 which is $0 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.
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