
Cheap Apartments for Rent in the 38137 ZIP Code of Memphis, TN from $300 (129 Rentals)
Search the lowest-cost Apartments available for rent right now in the 38137 ZIP Code area of Memphis.


1303 E Trigg Ave

Edison Park

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

500 Simpson Ave, Unit 6

The Pulse Apartments

607 E McLemore Ave, Unit 2

302 Mill Ave, Unit 102

Overton Place

1048 E McLemore Ave
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.

Greenlaw Apartments

Owens Place Townhomes

Uptown Square Apartments

139 N Claybrook St

141 N Claybrook St

Azur Tower

The Drew

1235 Vinton Ave

1278-1280 Saxon Ave

Helix at the District - Utilities Included
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.

273 Gaston Ave

Indigo Riverview

Linden Yards Apartments

Peabody Village

Bickford Square Apartments

The Broadmoor Apartments

Deauville Apartments

Studio Rasa

Eleven60

Faulkner Court Apartments
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.

Iris Luxury Apartments

Conwood Flats Apartment Homes

Total Monthly Price
The Chisca

280 Vance Flats

Goodbar Townhomes

1195 Dorothy Pl

National Rose Co.

Lofts at Union Alley

Number 10 Main

266 Lofts
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.

Total Monthly Price
Court Square Apartments

Museum Lofts

Harbor Side at Conwood Flats Apartments

The Tennessee Brewery Apartments

The Courtyard at Ironworks

1161 Poplar

628 Madison Ave

109 N Main St

412 N Montgomery St

Fielder Square
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 38137?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 38137 Studio Apartments | $1,046 | $560 | $3,385 |
| 38137 1 Bedroom Apartments | $1,299 | $450 | $5,346 |
| 38137 2 Bedroom Apartments | $1,751 | $273 | $6,920 |
| 38137 3 Bedroom Apartments | $2,471 | $825 | $4,090 |
Browse Apartments in the 38137 Zip Code of Memphis
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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

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

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

The Local Memphis Experts Guide to Renting Near the Citys Top Employers
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Memphis, Tennessee: A Local Experts 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.
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.