Cheap Apartments for Rent in West Memphis, AR from $500 (55 Rentals)

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Search the lowest-cost Apartments available for rent right now in West Memphis.

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Pecan Grove
1 to 3 Bedroom Apartments

Pecan Grove

600 Rainer RdWest Memphis, AR 72301

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.

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New Frontier
Studio to 2 Bedroom Apartments

New Frontier

115 S 20th StWest Memphis, AR 72301
Student Housing
  • Utilities Included
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Villas of West Memphis
1 to 2 Bedroom Apartments

Villas of West Memphis

141 W JacksonWest Memphis, AR 72301
Senior Living
  • Utilities Included
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Broadway Terrace
3 Bedroom Apartments

Broadway Terrace

303 Elizabeth LnWest Memphis, AR 72301
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Rainer Village
3 Bedroom Apartments

Rainer Village

1400-1516 Village DrWest Memphis, AR 72301
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Frisco Park
3 Bedroom Apartments

Frisco Park

408 S Avalon StWest Memphis, AR 72301
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Holiday Townhouses
2 Bedroom Apartments

Holiday Townhouses

1900-2026 N Avalon StWest Memphis, AR 72301

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.

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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.

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The Marine Residence
Rent Specials
$1,230 - $2,830
Total Monthly Price

Total Monthly Price

Base Rent
$1,230 - $2,830
Total Monthly Price
$1,230 - $2,830
1 to 2 Bedroom Apartments Available Now

The Marine Residence

360 Metal Museum DrMemphis, TN 38106
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included

Affordable Memphis: The Best Neighborhoods with Character and Lower Rents

Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

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The Washburn
1 to 2 Bedroom Apartments

The Washburn

60 S Main StMemphis, TN 38103
Corporate Housing
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Annex Lofts
1 to 2 Bedroom Apartments

Annex Lofts

345 S Front StMemphis, TN 38103
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Angelo's Grove
1 to 3 Bedroom Apartments

Angelo's Grove

1120 LH Polk RdMarion, AR 72364
  • Utilities Included

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.

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Showing Results 1-50, Page 1 of 2

West Memphis, AR Local Guide

Cheapest Available West Memphis Apartments for Rent and Nearby

 

The cheapest available apartment rental in West Memphis, AR is a 1 Bed unit found at Owens Place Townhomes in the Downtown Memphis neighborhood priced from $760. Barton Court Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $800. Here is today’s list of the most affordable West Memphis apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Owens Place Townhomes1 Bed Flat1BR,1BA$760
Barton Court Apartments2 Bed2BR,1BA$800
Indigo RiverviewPowellStudio,1BA$819
Bent Creek Apartments2 Bedroom2BR,1BA$850
Greenways at MarionThe Mulligan XL (Classic)1BR,1BA$880
Lofts at Union AlleyE2Studio,1BA$912
The ChiscaA1r1BR,1BA$927
South Junction ApartmentsThe EdgeStudio,1BA$999
South Line at Central StationstudioStudio,1BA$999
Meadows West Memphis3 bedroom/2 bath3BR,2BA$1,000

Best Value Apartments for Rent in West Memphis, AR and Nearby

As of April 29, 2026 the best value apartment in the West Memphis area is the $1.12 price per square foot 2 Bedroom Model at The Marine Residence in the in the South Memphis neighborhood starting from $1,705. The second greatest value West Memphis apartment is the Floor Plan A Model at Lofts at Merchant Row starting at $1,695 with a $1.36 price per square foot in the Downtown Memphis neighborhood. Here is today’s list of the best values for West Memphis apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Marine Residence2 Bedroom2BR,2BA$1.12
Lofts at Merchant RowFloor Plan A1BR,1.5BA$1.36
Meadows West Memphis3 bedroom/2 bath3BR,2BA$0.95
Barton Court Apartments2 Bed2BR,1BA$0.76
266 LoftsB1 Phase II2BR,2BA$1.46
Bent Creek Apartments2 Bedroom2BR,1BA$0.94
Museum LoftsThe Delta1BR,1BA$1.51
Downtown Memphis FlatsBarboro 1 Bedroom1BR,1BA$1.43
Owens Place Townhomes1 Bed Flat1BR,1BA$1.10
Greenways at MarionThe Mulligan XL (Classic)1BR,1BA$1.58

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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College Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive

Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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Frequently Asked Questions about Cheap West Memphis Apartments

What is the Cheapest Studio apartment in West Memphis?

Currently the most affordable Cheap Studio Apartment in West Memphis is at Indigo Riverview listed at $819.

How much is rent for a Cheap One Bedroom West Memphis Apartment?

The lowest price for a Cheap One Bedroom West Memphis Apartment is $760 at Owens Place Townhomes.

What is the lowest price for a Cheap Two Bedroom West Memphis Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in West Memphis is starting from $800 at Barton Court Apartments.

What is the most affordable West Memphis Three Bedroom Apartment?

The best deal on a cheap West Memphis Three Bedroom Apartment rental is at Meadows West Memphis and starts from $1,000.

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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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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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.

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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.