Apartments Under $700 in Memphis, TN

1 - 30 of 102 Results
19
$691
521 Vance Park Place Memphis, TN
2 BR | Ask for Availability
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
8
$555 - 630
3450 Fescue Lane Memphis, TN
1 - 2 BR | Available Now
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Cat Friendly
Luxury
Air Conditioning
Covered Parking
Balcony/Deck/Patio
11
$685 - 765
1437 Central Avenue Memphis, TN
Studio | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Luxury
Section 8
7
$550
4015 Summer Ave Memphis, TN
1 BR | Available Now
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Air Conditioning
Storage
Disability Access
25
$685 - 1,403
3341 Southern Ave Memphis, TN
Studio | Nov. 26, 2024
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Dishwasher
18
$659
2059 N Cabana Cir Memphis, TN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Fitness Center
Storage
Disability Access
5
$550
165 N Merton Ave Memphis, TN
1 BR | Available Now
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Air Conditioning
Storage
Disability Access
6
$695
1516 Britton St Memphis, TN
1 BR | Available Now
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House
4
$550
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
5
$699
3781 Kearney St Memphis, TN
1 BR | Available Now
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House
39
$695
6015 Summer Trace Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
5
$695
516-522 Sharon Dr Memphis, TN
1 BR | Available Now
Contact
Air Conditioning
Balcony/Deck/Patio
Storage
Disability Access
Dishwasher
13
$550
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
6
$700
2862 Hale Ave Memphis, TN
1 BR | Ask for Availability
Contact
House
Air Conditioning
0
$550
1490 Lamar Cv Memphis, TN
2 BR | Dec. 11, 2024
Contact
Dog Friendly
Cat Friendly
Storage
2
$650
Memphis, TN
Studio | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
1
$600
3606 Walker Ave Memphis, TN
1 BR | Dec. 1, 2024
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Dog Friendly
Cat Friendly
6
$595
1445 Britton St Memphis, TN
1 BR | Available Now
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House
0
$680
1672 Clancy St Memphis, TN
1 BR | Available Now
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House
42
$695
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Covered Parking
13
$595
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
0
$695
Memphis, TN
2 BR | Available Now
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17
$100 - 350
256 S Camilla St Memphis, TN
1 BR | Available Now
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Heat Included
Senior Community
Income Restricted
Air Conditioning
Surface Parking
1
$665
Memphis, TN
1 BR | Ask for Availability
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Air Conditioning
New Chicago
0
$625
734 Lane Ave Memphis, TN
1 BR | Ask for Availability
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0
$700
Memphis, TN
2 BR | Available Now
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House
0
$695
Memphis, TN
2 BR | Available Now
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0
$625
853 N Dunlap Ave Memphis, TN
1 BR | Available Now
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House
0
$675
3205 E Shirley Cir Unit 2 Memphis, TN
1 BR | Available Now
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0
$550
35 E Fernwood Ave Memphis, TN
2 BR | Available Now
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1 - 30 of 102 Results
  1. Home
  2. Memphis
  3. Apartments Under $700

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

Welcome to the November 2024 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 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 November 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 <$600 $620 $660 $700 $740 $780 $820 $860 $900 $940 $980 $1,020 $1,060 $1,100 $1,140 $1,180 $1,220 $1,260 $1,300 $1,340 $1,380
This month, the typical cost to rent a one-bedroom apartment in Memphis stands at $1,020, with the majority falling between $570 and $1,490. Out of the 2,570 one-bedroom apartments currently on the market in Memphis, 252 are priced below $700, accounting for 10% of the total available one-bedroom units in Memphis.

Available Apartments Under $700: Memphis vs. Surrounding Areas

Memphis, TN
West Memphis, AR
111
3
In November 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 117 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 November M/M % Change
Memphis, TN 112 +1.0%
West Memphis, AR 3 +1.17%
Southaven, MS 2 +1.0%
Robinsonville, MS 2 +1.0%
Horn Lake, MS 1 +1.0%
Millington, TN 1 +1.33%

Looking for Apartments Under $700 in Memphis?

Available apartments under $700 819
Top amenities Air Conditioning, Dishwasher, Balcony/Deck/Patio, Refrigerator, Range / Oven
Deals 2
Pet friendly 138
Utilities included 24
Furnished 40
1 Bedroom 88
2 Bedroom 96
3 Bedroom 20