
Cheap Homes for Rent in Shelby County, TN from $400 (611 Rentals)
Search the lowest-cost Homes available for rent right now in Shelby County.


1408 Effie Rd

2077 Lowell Ave

1677 Echles St

2167 Kansas St

2173 Kansas St

2183 Kansas St

2705-2715 Cherry Rd

500 Simpson Ave, Unit 6

2255 Marble 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.

3914 Wales Ave

845 University St

964 Joseph Pl

684 Lipford St

2483 Vandale Ave

643 McWhirter Ave

888 Kerr Ave, Unit 27

1463 Boxwood St

1133 Gerard St

3089 Waynoka Ave
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.

732 S Greer St

3916 Wales Ave

1433 Court Ave

1286 Trail Run Ln

1678 Via Roma Dr

1616 Via Roma Dr

1614 Via Roma Dr

1628 Via Roma Dr

1663 Dena Dr

607 E McLemore Ave, Unit 2
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.

1735 Delano Ave, Unit Appletree South - 1 Bedroom

993 Oakview St

2859 NATHAN Ave

6103 Yorkhill Dr, Unit B, Unit B

3578 Vernon Ave

2766 Union Ave

457 King Rd

1160 Wilson St

2766 Union Ave

2766 Union Ave
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.

2766 Union Ave

2766 Union Ave

932 Lewis St

1918 Lapaloma St

692 Tiger Estates Dr

1513 Ragan St

2718 Windsor Pkwy

1279 Carr Ave

3414 Pine Ridge Ln

2917 Yale Ave
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.
Shelby County, TN Local Guide

How much does it cost to rent a home in Shelby County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shelby County 2 Bedroom Homes for Rent | $1,213 | $575 | $3,400 |
| Shelby County 3 Bedroom Homes for Rent | $1,577 | $750 | $5,200 |
| Shelby County 4 Bedroom Homes for Rent | $2,012 | $895 | $4,500 |
| Shelby County 5 Bedroom Homes for Rent | $3,060 | $1,095 | $6,999 |
| Shelby County 6 Bedroom Homes for Rent | $3,478 | $2,200 | $4,900 |
Browse Homes for Rent in Shelby County
Explore Shelby County
Cheapest Available Shelby County Apartments for Rent
 The cheapest available apartment rental in Shelby County, TN is a Studio unit found at Emberly (NEW) 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Emberly (NEW) | EFF | Studio,1BA | $547 |
| 165 N Merton | 1BR/1.0BA | 1BR,1BA | $550 |
| Longview Gardens | 2 Bedroom | 2BR,1BA | $559 |
| The Residences at Lakeview | Studio | Studio,1BA | $581 |
| El Dorado | 1 Bedroom | 1BR,1BA | $587 |
| Emerald Ridge | 1 bedroom 1 bathroom | 1BR,1BA | $599 |
| Yugo Memphis Southern | 4 Bed, 4 Bath Classic | 4BR,4BA | $599 |
| Monarch on Highland | MHLA1 | 1BR,1BA | $600 |
| Longview Heights | 2 Bed / 1 Bath | 2BR,1BA | $621 |
| The Pulse Apartments | Studio 1 Bathroom | Studio,1BA | $634 |
Best Value Apartments for Rent in Shelby County, TN
As of May 19, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1791 Whitman Rd | Private Room | 5BR,1BA | $0.36 |
| Student Lofts at Brister | Entire home 4 Bedrooms 4 Baths | 1BR,1BA | $0.38 |
| Emerald Square | 4 bedroom 2.5 bathroom | 4BR,2.5BA | $0.75 |
| Emerald Pointe | 3 bedroom 2.5 bathroom | 3BR,2.5BA | $0.70 |
| 9 S Tucker St, Unit 9 S Tucker | 9 S Tucker St | 2BR,1BA | $0.60 |
| Faronia Square | 3 bdr 1.5 ba Plan V | 3BR,1.5BA | $0.76 |
| Shadowbrook Townhomes | 2 Bedroom w/ Den | 2BR,1.5BA | $0.69 |
| High Point Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.77 |
| Longview Gardens | 2 Bedroom | 2BR,1BA | $0.71 |
| Longview Heights | 2 Bed / 1 Bath | 2BR,1BA | $0.78 |
Frequently Asked Questions about Shelby County
What type of rentals are currently available in Shelby County?
There are currently 1759 Apartments for Rent in Shelby County, TN with pricing that ranges from $525 to $7,985. There are also 1542 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shelby County ranging from $495 to $6,999.
What is the current price range for Rental Homes in Shelby County?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Shelby County ranges from $495 to $6,999 with an average monthly rent of $2,091.
How much are larger Three and Four Bedroom Rentals in Shelby County?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Shelby County range from $690 to $4,007, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $5,200. Four Bedroom Single-Family rentals are also available starting from $895 and Four Bedroom Apartments start at $640.
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

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.

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.

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.

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.