Cheap Apartments for Rent in West Memphis, AR from $500 (61 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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The Chisca
Rent Specials
$947 - $2,913
Total Monthly Price

Total Monthly Price

Base Rent
$947 - $2,913
Total Monthly Price
$947 - $2,913
Studio to 3 Bedroom Apartments Available Now

The Chisca

272 S Main StMemphis, TN 38103
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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The Landing Residences
$1,182 - $6,841
Total Monthly Price

Total Monthly Price

Base Rent
$1,182 - $6,841
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Landing Residences

1 Dr Martin Luther King Jr AveMemphis, TN 38103
Student Housing
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  • Customer Reviewed
  • 3D Tour
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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

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 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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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. Greenways at Marion has the second lowest priced unit, which is a 1 Bed apartment currently listed from $790. 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
Greenways at MarionThe Mulligan1BR,1BA$790
Barton Court Apartments2 Bed2BR,1BA$800
Bent Creek Apartments2 Bedroom2BR,1BA$850
Indigo RiverviewPowellStudio,1BA$851
266 LoftsA1 Phase II1BR,1BA$1,000
Museum LoftsThe Stax1BR,1BA$1,000
The WashburnWAS-A11BR,1BA$1,125
Downtown Memphis FlatsBarboro 1 Bedroom1BR,1BA$1,125
The ChiscaA4cStudio,1BA$1,151

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

As of June 13, 2026 the best value apartment in the West Memphis area is the $1.36 price per square foot Floor Plan A Model at Lofts at Merchant Row in the in the Downtown Memphis neighborhood starting from $1,695. The second greatest value West Memphis apartment is the 2 Bed Model at Barton Court Apartments starting at $800 with a $0.76 price per square foot . 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.
Lofts at Merchant RowFloor Plan A1BR,1.5BA$1.36
Barton Court Apartments2 Bed2BR,1BA$0.76
266 LoftsB1 Phase II2BR,2BA$1.46
Bent Creek Apartments2 Bedroom2BR,1BA$0.94
South Junction ApartmentsThe Trailblazer1BR,1BA$1.64
Museum LoftsThe Delta1BR,1BA$1.51
Downtown Memphis FlatsBarboro 1 Bedroom1BR,1BA$1.43
Greenways at MarionThe Fairway (Plus)2BR,1BA$1.23
The WashburnWAS-A11BR,1BA$1.58
Owens Place Townhomes1 Bed Flat1BR,1BA$1.10

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore West Memphis, AR Rentals by Map

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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 $851.

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 Owens Place Townhomes and starts from $1,020.

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.

Helpful Local Expert Guides

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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

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College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive

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The Local Memphis Experts Guide to Renting Near the Citys Top Employers

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Articles, How-To's, and Tips

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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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.