Apartments Under $700 in Memphis, TN

1 - 30 of 87 Results
5
$1 - 900
3131 Madewell Memphis, TN
1 - 3 BR | Ask for Availability
Contact
Air Conditioning
Surface Parking
17
$100 - 350
256 S Camilla St Memphis, TN
1 BR | Available Now
Contact
Heat Included
Senior Community
Income Restricted
Air Conditioning
Surface Parking
20
$691
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
1437 Central Avenue Memphis, TN
Studio | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Luxury
Section 8
8
$555 - 630
3450 Fescue Lane Memphis, TN
1 - 2 BR | Available Now
Contact
Cat Friendly
Luxury
Air Conditioning
Covered Parking
Balcony/Deck/Patio
10
$695
Memphis, TN
2 BR | Available Now
Contact
House
Dishwasher
7
$695
Memphis, TN
2 BR | Available Now
Contact
House
Balcony/Deck/Patio
Disability Access
Dishwasher
14
$595
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
14
$699
Memphis, TN
1 BR | Mar. 9, 2024
Contact
5
$675
1351 Wabash Ave Memphis, TN
2 BR | Ask for Availability
Contact
House
9
$695
Memphis, TN
1 BR | Ask for Availability
Contact
House
5
$695
Memphis, TN
1 BR | Mar. 15, 2024
Contact
Dog Friendly
Cat Friendly
Air Conditioning
5
$25 - 992
994 N Watkins St Memphis, TN
1 - 2 BR | Available Now
Contact
Income Restricted
5
$700
6332 Village Grove Dr Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
Dishwasher
7
$600
Memphis, TN
2 BR | Available Now
Contact
Air Conditioning
Storage
Disability Access
Dishwasher
2
$550
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Disability Access
$675
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Balcony/Deck/Patio
1
$575 - 665
Memphis, TN
1 BR | Ask for Availability
Contact
Air Conditioning
New Chicago
11
$550
Memphis, TN
1 BR | Available Now
Contact
House
Balcony/Deck/Patio
Disability Access
Dishwasher
4
$500 - 650
1460 Cherry Rd. Memphis, TN
1 - 3 BR | Available Now
Contact
Student
Dishwasher
4
$665
3888 Autumn Ridge Court Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Balcony/Deck/Patio
30
$629 - 651
1490 Century Arbor Ln. Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
5
$585 - 655
6015 Summer Trace Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Dishwasher
Pool
7
$485 - 719
1770 Piping Rock Drive Memphis, TN
1 - 4 BR | Available Now
Contact
Income Restricted
Section 8
Balcony/Deck/Patio
Dishwasher
Pool
15
$665 - 1,207
6860 Quince Road Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Fitness Center
Pool
17
$630 - 900
3822 Hickory Farm Drive Memphis, TN
1 BR | Available Now
Contact
Air Conditioning
Disability Access
Dishwasher
Pool
5
$620
4981 Hidden Lake Drive Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Balcony/Deck/Patio
Fitness Center
5
$439 - 679
Millbranch Dr Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
Balcony/Deck/Patio
Pool
22
$ Ask - 1,629
1350 Concourse Avenue, Suite 750 Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
11
$695
Memphis, TN
1 BR | Available Now
Contact
House
Storage
Dishwasher
1 - 30 of 87 Results
  1. Home
  2. Memphis
  3. Apartments Under $700

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

Welcome to the February 2024 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the February 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 February 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 12 25 37 50 <$500 $540 $620 $700 $780 $860 $940 $1,020 $1,100 $1,180 $1,260 $1,340 $1,420 >$1,500
This month, the typical cost to rent a one-bedroom apartment in Memphis stands at $930, with the majority falling between $550 and $1,500. Out of the 2,118 one-bedroom apartments currently on the market in Memphis, 167 are priced below $700, accounting for 8% of the total available one-bedroom units in Memphis.

Available Apartments Under $700: Memphis vs. Surrounding Areas

Memphis, TN
West Memphis, AR
95
3
In February 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 110 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 February M/M % Change
Memphis, TN 96 +1.03%
West Memphis, AR 3 +1.0%
Cordova, TN 3 +0.91%
Southaven, MS 2 +1.0%
Germantown, TN 2 +1.0%
Robinsonville, MS 2 +1.0%
Millington, TN 1 +1.13%
Horn Lake, MS 1 +1.0%
Turrell, AR 0 -0.33%

Looking for Apartments Under $700 in Memphis?

Available apartments under $700 884
Top amenities Air Conditioning, Dishwasher, Balcony/Deck/Patio, Refrigerator, Range / Oven
Deals 51
Pet friendly 133
Utilities included 23
Furnished 40
1 Bedroom 87
2 Bedroom 93
3 Bedroom 20
Square footage 539 - 1,153