Cheap Apartments for Rent in Shelby County, TN from $300 (584 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article
Showing Results 1-50, Page 1 of 12

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. 165 N Merton in the East Memphis neighborhood has the second lowest priced unit, which is a 1 Bed 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
165 N Merton1BR/1.0BA1BR,1BA$550
Longview Gardens2 Bedroom2BR,1BA$560
El Dorado1 Bedroom1BR,1BA$577
Creekside Meadows1 Bedroom 1 Bathroom1BR,1BA$578
The Residences at LakeviewStudioStudio,1BA$581
Emerald Ridge1 bedroom 1 bathroom1BR,1BA$599
Monarch on HighlandMHLA11BR,1BA$600
Longview Heights2 Bed / 1 Bath2BR,1BA$617

Best Value Apartments for Rent in Shelby County, TN

As of May 30, 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 Entire home 4 Bedrooms 4 Baths Model at Student Lofts at Brister starting at $695 with a $0.38 price per square foot in the East Memphis 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
Student Lofts at BristerEntire home 4 Bedrooms 4 Baths1BR,1BA$0.38
Sunridge Townhomes3 Bed 2.5 Bath3BR,2.5BA$0.69
Emerald Square4 bedroom 2.5 bathroom4BR,2.5BA$0.75
Emerald Pointe3 bedroom 2.5 bathroom3BR,2.5BA$0.70
9 S Tucker St, Unit 9 S Tucker9 S Tucker St2BR,1BA$0.60
FairwayThree Bedroom3BR,2BA$0.63
Shadowbrook Townhomes2 Bedroom w/ Den2BR,1.5BA$0.69
Longview Gardens2 Bedroom2BR,1BA$0.71
Longview Heights2 Bed / 1 Bath2BR,1BA$0.78

Frequently Asked Questions about Cheap Shelby County Apartments

What is the Cheapest Studio apartment in Shelby County?

Currently the most affordable Cheap Studio Apartment in Shelby County is at Emberly Apartments listed at $547.

How much is rent for a Cheap One Bedroom Shelby County Apartment?

The lowest price for a Cheap One Bedroom Shelby County Apartment is $550 at 165 N Merton.

What is the lowest price for a Cheap Two Bedroom Shelby County Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Shelby County is starting from $560 at Longview Gardens.

What is the most affordable Shelby County Three Bedroom Apartment?

The best deal on a cheap Shelby County Three Bedroom Apartment rental is at Creekside Meadows and starts from $825.

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 Neighborhood and Market Insights: How to Choose the Right Area to Rent article

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.