
Cheap Apartments for Rent in the 38103 ZIP Code of Memphis, TN from $300 (83 Rentals)
Search the lowest-cost Apartments available for rent right now in the 38103 ZIP Code area of Memphis.


Total Monthly Price
The Chisca

Lofts at Union Alley

Number 10 Main

Total Monthly Price
Court Square Apartments

266 Lofts

Museum Lofts

The Tennessee Brewery Apartments

628 Madison Ave

109 N Main St
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.

Fielder Square

Downtown Memphis Flats

670 Madison Ave

Total Monthly Price
Riverset Apartments

Total Monthly Price
The Landing Residences

The Oliver Luxury Apartments

Pressbox Lofts

The Commonwealth

South Line at Central Station

Arbors Harbor Town
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

South Bluffs Apartments

Island Park/Harbor Town Square

Total Monthly Price
Urban Loft Co. Memphis- Utilties Included

Total Monthly Price
Orleans Station

Total Monthly Price
The Rise Apartments

South Junction Apartments

Claridge House Condominiums

Exchange Building

W.L.

Hope Heights Tower
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

The Washburn

Radio Center Flats

Annex Lofts

Main Street Flats

Cornerstone Flats

Printer's Alley Lofts

Van Vleet Flats

2nd Street Flats

50 Peabody Place

Hunt-Phelan Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

99 Front Apartments

Pembroke Square Apartments

Lowenstein

Downtown YMCA Lofts

Cabinet Shop Lofts

Edison Park

Total Monthly Price
592 N 3rd St, Unit 592 N. Third ST

302 Mill Ave, Unit 102

Greenlaw Apartments

Uptown Square Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Memphis, TN Local Guide

How much does it cost to rent an apartment in 38103?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 38103 Studio Apartments | $1,131 | $560 | $3,385 |
| 38103 1 Bedroom Apartments | $1,423 | $525 | $5,346 |
| 38103 2 Bedroom Apartments | $1,982 | $750 | $6,920 |
| 38103 3 Bedroom Apartments | $2,614 | $995 | $3,784 |
Browse Apartments in the 38103 Zip Code of Memphis
Explore Memphis

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.
Helpful Local Expert Guides

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

College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

The Local Memphis Experts Guide to Renting Near the Citys Top Employers
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.

Memphis, Tennessee: A Local Experts Insider Guide to the Bluff City
Written by: Joshua Carlucci
Hello from Memphis, Tennessee. I'm Josh, your ApartmentHomeLiving.com Local Expert for Memphis, and I spent years in this city eating, writing, cooking, studying, and getting to know it block by block.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.