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Cheap Apartments for Rent in the University District Memphis, TN from $300 (15 Rentals)
Cheap Apartments in the University District area of Memphis.
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Navigating the Rental Market: Tips for First-Time Renters
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3381 Walnut Grove Rd
MemphisTN38111
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137 Eastview Dr
MemphisTN38111
3181 Yale Ave
MemphisTN38112
106 N Holmes St
MemphisTN38111
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3117 Yale Ave
MemphisTN38112
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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 | $1,201 | $1,015 | $1,591 |
| University District 1 Bedroom Apartments | $1,225 | $839 | $1,934 |
| University District 2 Bedroom Apartments | $1,626 | $820 | $3,144 |
| University District 3 Bedroom Apartments | $1,648 | $740 | $2,655 |
| University District 4 Bedroom Apartments | $1,635 | $599 | $3,140 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 1 mile radius of the University District Neighborhood of Memphis, TN.
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University District, Memphis, TN Local Guide
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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 1 Bed unit found at The Tower at Kent priced from $895. The Landing on the Strip has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable University District apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Tower at Kent | 1 Bedroom / 1 Bathroom Silver | 1BR,1BA | $895 |
| The Landing on the Strip | 1 Bed 1 Bath | 1BR,1BA | $895 |
| Element at Midtown | Studio | Studio,1BA | $1,015 |
| Den Apartments | 1 BR | 1BR,1BA | $1,050 |
| Greenline Apartments | 1BR | 1BR,1BA | $1,050 |
Best Value Apartments for Rent in University District, TN
As of May 03, 2025 the best value apartment in the University District area is the $1.15 price per square foot 2 bedroom, 2 bathroom Upstairs, Renovated Model at Chickasaw at The Greenline in the in the East Memphis neighborhood starting from $1,550. The second greatest value University District apartment is the 3 Bedroom 2 Bathroom Model at Tillman Cove starting at $2,200 with a $1.83 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. |
|---|---|---|---|
| Chickasaw at The Greenline | 2 bedroom, 2 bathroom Upstairs, Renovated | 2BR,2BA | $1.15 |
| Tillman Cove | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.83 |
| Georgian Woods | 2x1 | 2BR,1BA | $1.17 |
| Kiwi Goji | Goji 1x1 Townhome | 1BR,1BA | $1.76 |
| Greenline Apartments | 1BR | 1BR,1BA | $1.42 |
| The Tower at Kent | 1 Bedroom / 1 Bathroom Gold | 1BR,1BA | $1.39 |
| Southern Grove | One Bedroom | 1BR,1BA | $1.85 |
| Den Apartments | 1 BR | 1BR,1BA | $1.91 |
| The Landing on the Strip | 1 Bed 1 Bath | 1BR,1BA | $1.63 |
| Tiger Estates | Entire Home 4 bedroom/4bath | 1BR,1BA | $1.89 |
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Pet Friendly LifestyleUniversity District, Memphis, TN
Ranked #34
Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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 $1,229.
What is the price of a cheap apartment in University District?
The cheapest apartment in University District is Tillman Cove which is listed at $839, while the average apartment in University District costs $7,260.
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 120 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 $1,208 which is $6,052 cheaper than the average rent for all rentals in University District.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.