Cheap Apartments for Rent in Shelby County, TN from $450 (680 Rentals)

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Tiger Estates
$599
Total Monthly Price

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

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property at 2876 Cela Rd

$650

1 Bedroom Rentals

Available Now

2876 Cela Rd

MemphisTN38128

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Cheapest Available Shelby County Apartments for Rent

 

The cheapest available apartment rental in Shelby County, TN is a Studio unit found at Emberly Apartments in the South Memphis neighborhood priced from $547. 1298 Carr in the Medical District neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $550. Here is today’s list of the most affordable Shelby County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Emberly ApartmentsEFFStudio,1BA$547
1298 Carr0BR/1.0BAStudio,1BA$550
165 N Merton1BR/1.0BA1BR,1BA$550
El Dorado1 Bedroom1BR,1BA$551
Longview Gardens2 Bedroom2BR,1BA$563
The Residences at LakeviewStudioStudio,1BA$581
1111 N Parkway1 Beds, 1 Baths1BR,1BA$595
Mill Creek Apartments1 Bedroom / 1 Bathroom1BR,1BA$599
Tiger Estates1BR/1.0BA1BR,1BA$599
Longview Heights2 Bed / 1 Bath2BR,1BA$611

Best Value Apartments for Rent in Shelby County, TN

As of August 29, 2026 the best value apartment in the Shelby County area is the $0.50 price per square foot 4 Beds, 2 Baths Model at 378 N HIGHLAND St in the in the East Memphis neighborhood starting from $1,500. The second greatest value Shelby County apartment is the 4 Bed, 3 Bath Model at Sunridge Townhomes starting at $1,545 with a $0.74 price per square foot in the Raleigh neighborhood. Here is today’s list of the best values for Shelby County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
378 N HIGHLAND St4 Beds, 2 Baths4BR,2BA$0.50
Sunridge Townhomes4 Bed, 3 Bath4BR,3BA$0.74
Student Lofts at Brister, Bldg 101Entire home 4 Bedrooms 4 Baths(SHARED HOUSING1BR,1BA$0.32
Emerald Pointe3 bedroom 2.5 bathroom3BR,2.5BA$0.70
FairwayThree Bedroom Townhome w/ Stairs3BR,2.5BA$0.73
Shadowbrook Townhomes2 Bedroom w/ Den2BR,1.5BA$0.69
Faronia Square2 bdr 1.5 ba Plan II2BR,1.5BA$0.76
1111 N Parkway1 Beds, 1 Baths1BR,1BA$0.74
Longview Gardens2 Bedroom2BR,1BA$0.71
Longview Heights2 Bed / 1 Bath2BR,1BA$0.78

Frequently Asked Questions about Cheap Shelby County Apartments

What is a cheap apartment in Shelby County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Shelby County is under $611.

What is the price of a cheap apartment in Shelby County?

The cheapest apartment in Shelby County is 165 N Merton which is listed at $550, while the average apartment in Shelby County costs $1,110.

What types of apartments are the cheapest in Shelby County?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 597 regular apartments in Shelby County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Shelby County?

Cheap apartments in Shelby County have an average cost of $194 which is $916 cheaper than the average rent for all rentals in Shelby County.

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

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

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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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