Cheap Apartments for Rent in the 38115 ZIP Code of Memphis, TN from $300 (77 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 38115 ZIP Code area of Memphis.

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.

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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.

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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 5653 Encino Cv

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195
Total Monthly Price
$1,195

1 Bedroom, 1 Bath Condo for Rent

Available Now

5653 Encino Cv

MemphisTN38115
property at 5622 Clarke Address

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

2 Bedroom, 2.5 Bath Condo for Rent

Available Now

5622 Clarke Address

MemphisTN38115
property at 6030 Elk Grove Rd

$1,390

Total Monthly Price

Total Monthly Price

Base Rent
$1,379
Required Monthly Fees
$11
Total Monthly Price
$1,390

3 Bedroom, 1 Bath Rentals

Available Apr 7

6030 Elk Grove Rd

MemphisTN38115
property at 5589 Gates Cv

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

3 Bedroom, 2.5 Bath Condo for Rent

Available Apr 1

5589 Gates Cv, Unit 5589

5589 Gates Cv
MemphisTN38115

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 5809 Foxdale Rd

$1,465

Total Monthly Price

Total Monthly Price

Base Rent
$1,454
Required Monthly Fees
$11
Total Monthly Price
$1,465

3 Bedroom, 2 Bath Rentals

Available Now

5809 Foxdale Rd

MemphisTN38115
property at 4001 Ganymede Cove

$1,480

Total Monthly Price

Total Monthly Price

Base Rent
$1,480
Total Monthly Price
$1,480

3 Bedroom, 2 Bath Rentals

Available Mar 30

4001 Ganymede Cove

MemphisTN38115
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Aspen Parc
2 to 3 Bedroom Apartments

Aspen Parc

3235 S Mendenhall RdMemphis, TN 38115
  • Utilities Included
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Cedar Run Apartments
1 to 3 Bedroom Apartments

Cedar Run Apartments

5958 E Point DrMemphis, TN 38115
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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.

Articles, How-To's, and Tips

decorative image for Affordable Memphis: The Best Lower Priced Neighborhoods with Character article

Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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

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.