Cheap Homes for Rent in the University District Memphis, TN from $600 (10 Rentals)

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

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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 Monarch on Highland priced from $600. The Den Apartments, Bldg 3562 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 ListingModel NameBed/BathPriced From
Monarch on HighlandMHLA11BR,1BA$600
The Den Apartments, Bldg 35621 BR1BR,1BA$895
The Tower at Kent1 Bedroom / 1 Bathroom Silver1BR,1BA$910

Best Value Apartments for Rent in University District, TN

As of July 29, 2026 the best value apartment in the University District area is the $0.51 price per square foot 4 Beds, 2 Baths Model at 378 N Highland St in the in the East Memphis neighborhood starting from $1,550. The second greatest value University District apartment is the 2 bedroom, 2 bathroom Downstairs, Renovated Model at Chickasaw at The Greenline starting at $1,449 with a $1.07 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 ListingModel NameBed/BathPrice Per Sq.Ft.
378 N Highland St4 Beds, 2 Baths4BR,2BA$0.51
Chickasaw at The Greenline2 bedroom, 2 bathroom Downstairs, Renovated2BR,2BA$1.07
Greenline Apartments2 Bedroom 1 Bathroom2BR,1BA$1.02
The Annex of Memphis2 Bed 2 Bath C2BR,2BA$1.03
The Nine at Memphis2Bed / 2Bath A2BR,2BA$0.97
Highland RowDolphy1BR,1BA$2.01
Kiwi GojiGoji 1x1 Townhome1BR,1BA$1.54
The Tower at Kent1 Bedroom / 1 Bathroom Platinum1BR,1BA$1.55
The Den Apartments, Bldg 35621 BR1BR,1BA$1.63
Monarch on HighlandMHLA11BR,1BA$1.52

Frequently Asked Questions about University District

What type of rentals are currently available in University District?

There are currently 50 Apartments for Rent in University District, TN with pricing that ranges from $550 to $2,460. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in University District ranging from $675 to $2,795.

What is the current price range for Rental Homes in University District?

Today's rental pricing for Homes for Rent, Condos and Townhomes in University District ranges from $675 to $2,795 with an average monthly rent of $1,520.

How much are larger Three and Four Bedroom Rentals in University District?

For those who are looking for larger living arrangements, Three Bedroom Apartments in University District range from $550 to $2,460, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $2,795. Four Bedroom Single-Family rentals are also available starting from $1,550 and Four Bedroom Apartments start at $550.

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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