Cheap Apartments for Rent in the 38111 ZIP Code of Memphis, TN from $300 (191 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 38111 ZIP Code area of Memphis.

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Tiger Estates
$599

Total Monthly Price

Base Rent$599
Total Monthly Price$599
1 Bedroom Apartments Available Now

Tiger Estates

3875 Spottswood AveMemphis, TN 38111
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 3563 Southern Ave
$750

Total Monthly Price

Base Rent$750
Total Monthly Price$750
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

3563 Southern Ave, Unit 21

3563 Southern Ave
MemphisTN38111

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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property at 3646 Spottswood Ave
$800

Total Monthly Price

Base Rent$800
Total Monthly Price$800
2 Bedroom, 1 Bath Condo for Rent
Available Now
Cost Per Sq.Ft.

3646 Spottswood Ave, Unit #1

3646 Spottswood Ave
MemphisTN38111
  • Smoke Free
property at 1747 Morey St
$825 - $950
2 Bedroom Rentals
Available Now
Affordability

1747 Morey St

MemphisTN38111
property at 1196 Aubra Rd
$895
2 Bedroom Rentals
Available Now
Affordability

1196 Aubra Rd

MemphisTN38111

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.

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The Den Apartments
Rent Specials
$1,000 - $1,200

Total Monthly Price

Base Rent$1,000 - $1,200
Total Monthly Price$1,000 - $1,200
2 Bedroom Apartments Available Now

The Den Apartments

3562 Mynders AveMemphis, TN 38111
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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property at 2901 Walker Ave
$1,200

Total Monthly Price

Base Rent$1,200
Total Monthly Price$1,200
3 Bedroom, 1.5 Bath Home for Rent
Available Now
Affordability

2901 Walker Ave

MemphisTN38111
property at 3148 Highland Park Pl
$1,250

Total Monthly Price

Base Rent$1,250
Total Monthly Price$1,250
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

3148 Highland Park Pl

MemphisTN38111
property at 3336 Park Ave
$1,250

Total Monthly Price

Base Rent$1,250
Total Monthly Price$1,250
3 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

3336 Park Ave

MemphisTN38111

Affordable Memphis: The Best Neighborhoods with Character and Lower Rents

Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

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property at 594 S Graham St
$1,495
2 Bedroom Rentals
Available Now
Affordability

594 S Graham St

MemphisTN38111
  • Smoke Free
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Addison 1 Apartments
2 Bedroom Apartments

Addison 1 Apartments

3300 Southern AveMemphis, TN 38111
  • Utilities Included
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Campus View
1 to 2 Bedroom Apartments

Campus View

3606 Walker AveMemphis, TN 38111
  • Utilities Included
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The Belle
Studio to 2 Bedroom Apartments

The Belle

3375 Southern AveMemphis, TN 38111
  • Utilities Included
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Cedar Creek Apartments
Studio to 2 Bedroom Apartments

Cedar Creek Apartments

3365 Steve RdMemphis, TN 38111
  • Utilities Included
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Cherry Gardens
2 to 3 Bedroom Apartments

Cherry Gardens

4350 Dunn RdMemphis, TN 38111
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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

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Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City

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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.

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The Local Memphis Expert's Guide to Renting Near the Citys Top Employers

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College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive

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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.