Cheap Apartments for Rent in the 38128 ZIP Code of Memphis, TN from $300 (93 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 38128 ZIP Code area of Memphis.

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Lexington Apartments
$765 - $915
Total Monthly Price

Total Monthly Price

Base Rent
$750 - $900
Required Monthly Fees
$15
Total Monthly Price
$765 - $915
1 to 3 Bedroom Apartments Available Now

Lexington Apartments

4123 Aux Arms DrMemphis, TN 38128
Cost Per Sq.Ft.
  • Verified
  • Low Income
  • 3D Tour

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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Covington Hills
$799 - $1,499
Total Monthly Price

Total Monthly Price

Base Rent
$765 - $1,465
Required Monthly Fees
Varies
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Covington Hills

4800 Raleigh Lagrange RdMemphis, TN 38128
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
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Beverly Springs
Rent Specials
$825 - $900
Total Monthly Price

Total Monthly Price

Base Rent
$750 - $825
Required Monthly Fees
$75
Total Monthly Price
$825 - $900
2 to 3 Bedroom Apartments Available Now

Beverly Springs

2879 Beverly Hills RdMemphis, TN 38128
Senior Living
  • Verified
  • Utilities Included
property at 3883 Winwood Dr

$1,160

Total Monthly Price

Total Monthly Price

Base Rent
$1,160
Total Monthly Price
$1,160

3 Bedroom, 1.1 Bath Rentals

Available Now

3883 Winwood Dr

MemphisTN38128

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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property at 3145 Overbrook Dr

$1,390

Total Monthly Price

Total Monthly Price

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

3 Bedroom, 2 Bath Rentals

Available Apr 20

3145 Overbrook Dr

MemphisTN38128
property at 3621 Jireh Dr

$1,405

Total Monthly Price

Total Monthly Price

Base Rent
$1,405
Total Monthly Price
$1,405

3 Bedroom, 2 Bath Rentals

Available Apr 25

3621 Jireh Dr

MemphisTN38128
property at 4708 Longblade Ave

$1,465

Total Monthly Price

Total Monthly Price

Base Rent
$1,435
Required Monthly Fees
$30
Total Monthly Price
$1,465

3 Bedroom, 2 Bath Rentals

Available May 22

4708 Longblade Ave

MemphisTN38128

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 4402 Guildhall Dr

$1,465

Total Monthly Price

Total Monthly Price

Base Rent
$1,465
Total Monthly Price
$1,465

4 Bedroom, 2 Bath Rentals

Available Now

4402 Guildhall Dr

MemphisTN38128
property at 4210 Appian Dr

$1,475

Total Monthly Price

Total Monthly Price

Base Rent
$1,475
Total Monthly Price
$1,475

3 Bedroom, 2 Bath Rentals

Available May 16

4210 Appian Dr

MemphisTN38128
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Rivergrove
Studio to 3 Bedroom Apartments

Rivergrove

4000 Rio Lobo DrMemphis, TN 38128
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Coves at Yale
1 to 3 Bedroom Apartments

Coves at Yale

5022 Yale RdMemphis, TN 38128

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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Raleigh Court Townhomes
2 to 4 Bedroom Apartments

Raleigh Court Townhomes

4258 Green Hall WayMemphis, TN 38128
  • 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.