Cheap Apartments for Rent in Shelby County, TN from $300 (568 Rentals)

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Search the lowest-cost Apartments available for rent right now in Shelby County.

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Summer Trace Apartments
Rent Specials
$695 - $1,050
Total Monthly Price

Total Monthly Price

Base Rent
$686 - $1,041
Required Monthly Fees
$9
Total Monthly Price
$695 - $1,050
1 to 3 Bedroom Apartments Available Now

Summer Trace Apartments

6015 Summer TraceMemphis, TN 38134
Corporate Housing
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Cheapest Available Shelby County Apartments for Rent

 

The cheapest available apartment rental in Shelby County, TN is a 1 Bed unit found at Redwood Estates Mobile Home Community in the Frayser neighborhood priced from $485. Longview Gardens in the South Memphis neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $545. Here is today’s list of the most affordable Shelby County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Redwood Estates Mobile Home Community1 Bed, 1 bath1BR,1BA$485
Longview Gardens2 Bedroom2BR,1BA$545
Emberly (NEW)EFFStudio,1BA$547
165 N Merton1BR/1.0BA1BR,1BA$550
The Residences at LakeviewStudioStudio,1BA$581
Yugo Memphis Southern4 Bed, 4 Bath Classic4BR,4BA$599
Emerald Ridge1 bedroom 1 bathroom1BR,1BA$599
Mill Creek Apartments1 Bedroom / 1 Bathroom1BR,1BA$618
Springdale Creek Apartments1 Bedroom1BR,1BA$625
Pinetree Place Apartments2 Bedroom Basic Remodel2BR,1BA$625

Best Value Apartments for Rent in Shelby County, TN

As of February 27, 2026 the best value apartment in the Shelby County area is the $0.36 price per square foot Private Room Model at 1791 Whitman Rd in the in the South Memphis neighborhood starting from $800. 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.
1791 Whitman RdPrivate Room5BR,1BA$0.36
Sunridge Townhomes4 Bed, 3 Bath4BR,3BA$0.74
Student Lofts at BristerEntire home 4 Bedrooms 4 Baths1BR,1BA$0.38
Emerald Square4 bedroom 2.5 bathroom4BR,2.5BA$0.75
Emerald Pointe3 bedroom 2.5 bathroom3BR,2.5BA$0.70
Lakes at Epping Way3 Bed / 2 Bath - Family Option3BR,2BA$0.70
Shadowbrook Townhomes2 Bedroom w/ Den2BR,1.5BA$0.69
Faronia Square2 bdr 1.5 ba Plan I2BR,1.5BA$0.76
Longview Heights2 Bed / 1 Bath2BR,1BA$0.80
Longview Gardens2 Bedroom2BR,1BA$0.69

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 $625.

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

The cheapest apartment in Shelby County is Redwood Estates Mobile Home Community which is listed at $485, while the average apartment in Shelby County costs $6,418.

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 567 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 $261 which is $6,157 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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