Cheap Homes for Rent in University District Memphis, TN from $700 (19 Rentals)

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Showing Results 1-19, Page 1 of 1

Cheapest Available University District Apartments for Rent

 

The cheapest available apartment rental in the University District area of Memphis, TN is a 4 Beds unit found at Yugo Memphis Southern priced from $599. Tillman Cove has the second lowest priced unit, which is a 1 Bed apartment currently listed from $839. Here are the most affordable University District apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Yugo Memphis Southern4 Bed, 4 Bath Classic4BR,4BA$599
Tillman Cove1-A TYPE B 60%1BR,1BA$839
Den Apartments1 BR1BR,1BA$895
Greenline Apartments1 Bedroom 1 Bathroom1BR,1BA$899
The Tower at Kent1 Bedroom / 1 Bathroom Silver1BR,1BA$970

Best Value Apartments for Rent in University District, TN

As of January 25, 2026 the best value apartment in the University District area is the $1.24 price per square foot 2 Bedroom 1 Bathroom Model at Greenline Apartments in the in the East Memphis neighborhood starting from $1,150. The second greatest value University District apartment is the 2-G TYPE B 60% BDC Model at Tillman Cove starting at $1,850 with a $2.08 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.
Greenline Apartments2 Bedroom 1 Bathroom2BR,1BA$1.24
Tillman Cove2-G TYPE B 60% BDC2BR,2BA$2.08
The Nine2Bed / 2Bath A2BR,2BA$1.13
Kiwi GojiGoji 1x1 Townhome1BR,1BA$1.99
Yugo Memphis Southern2 Bed, 2 Bath Plus2BR,2BA$1.14
The Tower at Kent1 Bedroom / 1 Bathroom Platinum1BR,1BA$1.63
Den Apartments1 BR1BR,1BA$1.63
Highland RowHinesStudio ,1BA$2.54
The Annex of MemphisStudioStudio ,1BA$2.15
Monarch on HighlandMHLA11BR,1BA$2.54

Frequently Asked Questions about University District

What type of rentals are currently available in University District?

There are currently 46 Apartments for Rent in University District, TN with pricing that ranges from $599 to $9,582. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in University District ranging from $700 to $2,400.

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 $700 to $2,400 with an average monthly rent of $1,337.

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 $755 to $2,253, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,245 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $599.

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

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

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Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.