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Apartments Under $700 in Memphis, TN

1 - 30 of 111 Results
19
$691
Foote Park At South City
521 Vance Park Place Memphis, TN
2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
11
$685 - 765
Town House Apartment Homes
Deal
3.4
1437 Central Avenue Memphis, TN
Studio | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Luxury
Section 8
8
$555 - 630
Village Green Apartments
Deal
2.6
3450 Fescue Lane Memphis, TN
1 - 2 BR | Available Now
Contact
Cat Friendly
Luxury
Air Conditioning
Covered Parking
Balcony/Deck/Patio
18
$659
University Gardens Manor
2059 N Cabana Cir Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
Disability Access
26
$691 - 1,420
The Junction
3341 Southern Ave Memphis, TN
Studio | Sep. 7, 2024
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Dishwasher
13
$650
374 Dunlap
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
5
$550
165 N Merton
165 N Merton Ave Memphis, TN
1 BR | Available Now
Contact
Air Conditioning
Storage
Disability Access
11
$595 - 650
3803 Given Ave
Memphis, TN
1 - 2 BR | Available Now
Contact
Storage
12
$695
Vsa - Bldg 2
2026 Jefferson St Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
9
$695
Triplex For Rent In South Memphis
821 Lucille Ave Memphis, TN
2 BR | Available Now
Contact
House
0
$625
1294 Vinton Ave
Memphis, TN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
9
$699
1167 Parkland Rd
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
12
$695
3156 Hoskins Rd
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
9
$699
2711 Lowell Ave
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
12
$695
3158 Hoskins Rd
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
16
$700
2922 Hale Ave
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
0
$695
Text Our Leasing Team At 901-820-4367 To Schedule A Tour! - Housing Choice Section 8 Friendly
1333 Halcomb Ln Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$645 - 665
1415 Breedlove St
Memphis, TN
1 BR | Ask for Availability
Contact
Air Conditioning
New Chicago
0
$550
226 N. Fourth
Memphis, TN
1 BR | Available Now
Contact
House
0
$695
Beautiful Apartments For Rent!
1716 Dupont Ave Memphis, TN
2 BR | Ask for Availability
Contact
Air Conditioning
1
$650
677 Buntyn St
Memphis, TN
1 BR | Ask for Availability
Contact
Orange Mound
0
$700
Cozy 1 Bed/ 1Bath Duplex For Rent!
802 Dunlap St Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
House
0
$675
3619 Marion Unit 2
Memphis, TN
1 BR | Available Now
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House
7
$550
Summerwood Apartments
4015 Summer Ave Memphis, TN
1 BR | Available Now
Contact
Air Conditioning
Storage
Disability Access
0
$700
Cozy 1 Bedroom Home!!
829 Dunlap Cir Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
6
$575
1302 Court Ave
Memphis, TN
Studio | Available Now
Contact
Storage
Disability Access
4
$500 - 650
Cherry Crest Apartments
1460 Cherry Rd. Memphis, TN
1 - 3 BR | Available Now
Contact
Student
Dishwasher
7
$695
1025 S Wellington St Unit 2
Memphis, TN
2 BR | Available Now
Contact
House
10
$550
1210 N. Evergreen
Memphis, TN
1 BR | Nov. 11, 2024
Contact
Dog Friendly
Cat Friendly
Storage
6
$695
4 Success Is Now Offering This 2 Bedroom Home.
1516 Britton St Memphis, TN
2 BR | Available Now
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House
1 - 30 of 111 Results
  1. Home
  2. Memphis
  3. Apartments Under $700
Frequently Asked Questions

How many apartments under $700 are available in Memphis, TN on Rentable.co?

There are 111 apartments under $700 in Memphis currently available for rent on Rentable.co.

How many studio apartments under $700 are available in Memphis?

Rentable.co has 34 studio apartments under $700 available for rent in Memphis.

How many one-bedroom apartments under $700 are available in Memphis?

Rentable.co has 232 one-bedroom apartments under $700 available for rent in Memphis.

How many two-bedroom apartments under $700 are available in Memphis?

Rentable.co has 462 two-bedroom apartments under $700 available for rent in Memphis.

Can I afford a apartment under $700 in Memphis, TN?

To comfortably afford a apartment under $700 in Memphis based on average rent prices, a household would need an annual income of $25,000.

Which neighborhoods have the most apartments under $700 for rent in Memphis, TN?

  1. Orange Mound
  2. South Forum
  3. New Chicago

Apartments Under $700 in Memphis, TN: July Rental Information

Welcome to the July 2024 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the July 2024 key findings and figures for the Memphis rental landscape.

Our experts analyze the inventory trends for apartments under $700 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Memphis and surrounding areas. This summary also provides insights into available features and amenities, as well as location options for apartments under $700 in Memphis.

Renters searching for affordable housing options in Memphis will find a variety of apartments to choose from, with monthly rents under $700. The city offers a range of one-bedroom, two-bedroom, and three-bedroom apartments in this price range.

When it comes to amenities, renters can expect to find options such as swimming pools, fitness centers, on-site laundry facilities, and pet-friendly policies in many of the apartments under $700.

As of the July 2024 report, availability is fair, with a number of apartments under $700 available for rent. However, it's always recommended to check the Rentable website frequently, as availability can change rapidly in this price range.

Whether you're a student, young professional, or family, Rentable has you covered with affordable options for apartments under $700 in Memphis.
0 15 30 45 60 <$600 $640 $720 $800 $880 $960 $1,040 $1,120 $1,200 $1,280 $1,360 $1,440 >$1,520
This month, the typical cost to rent a one-bedroom apartment in Memphis stands at $960, with the majority falling between $550 and $1,560. Out of the 2,320 one-bedroom apartments currently on the market in Memphis, 164 are priced below $700, accounting for 7% of the total available one-bedroom units in Memphis.

Available Apartments Under $700: Memphis vs. Surrounding Areas

Memphis, TN
96
In July 2024, there are a variety of affordable apartments available for rent in Memphis, TN and the surrounding cities. The chart above shows the number of apartments under $700 currently listed on Rentable's website in these areas. In Memphis proper, there are a total of 121 apartments available in this price range. The surrounding cities of West Memphis, Southaven, Olive Branch, Germantown, Lakeland, Millington, Munford, Arlington, Piperton, Bartlett, Collierville, Hernando, Marion, Robinsonville, Walls, Cordova, Horn Lake, Joiner, Turrell, and Nesbit also offer a range of options for renters looking for affordable housing. This chart can help prospective renters find the right apartment that meets their budget and needs in the Memphis, TN metro area.

Apartments Under $700 Now vs. Last Month: Memphis and Surrounding Areas

City Apartments Under $700 in July M/M % Change
Memphis, TN 96 +1.02%
Cordova, TN 2 +1.0%
West Memphis, AR 2 +1.0%
Southaven, MS 2 +1.0%
Robinsonville, MS 2 +1.0%
Germantown, TN 1 +1.4%
Millington, TN 1 +0.8%
Horn Lake, MS 1 +1.0%

Looking for Apartments Under $700 in Memphis?

Available apartments under $700 777
Top amenities Air Conditioning, Balcony/Deck/Patio, Refrigerator, Garbage Disposal, Range / Oven
Deals 13
Pet friendly 141
Utilities included 24
Furnished 40
1 Bedroom 90
2 Bedroom 97
3 Bedroom 20

Where are Memphis Apartments Under $700?

Top Neighborhoods Orange mound, South forum, New chicago
Orange Mound 2
South Forum 1
New Chicago 1
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