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Apartments Under $700 in Memphis, TN

31 - 60 of 88 Results
5
$500 - 705
Lakes At Ridgeway
1.9
5995 Waterstone Oak Way Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
In Unit Laundry
9
$525
1362 Gleason Ave
Memphis, TN
1 BR | Available Now
Contact
House
Disability Access
12
$700
Beautifully Renovated Duplex - Available Now!!
2121 Brown Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
16
$525 - 695
The Woods At Ridgeway
1.2
6277 Lake Arbor Dr. Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
16
$488 - 720
Sycamore Lake
1.9
2174 Westchester Rd. Memphis, TN
1 - 2 BR | Available Now
Contact
Luxury
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
Storage
15
$525 - 665
The Gilmore
3.9
6 South Mclean Blvd Memphis, TN
Studio | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Balcony/Deck/Patio
7
$695
1025 S Wellington St Unit 2
Memphis, TN
2 BR | Available Now
Contact
House
17
$630 - 900
Hickory Farm
3.5
3822 Hickory Farm Drive Memphis, TN
1 BR | Available Now
Contact
Air Conditioning
Disability Access
Dishwasher
Pool
15
$665 - 1,207
Madison Cypress Lakes
1.7
6860 Quince Road Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Fitness Center
Pool
22
$ Ask - 1,629
Parcels At Concourse
1350 Concourse Avenue, Suite 750 Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
5
$439 - 679
Mill Creek Apartments
2.7
Millbranch Dr Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
Balcony/Deck/Patio
Pool
5
$25 - 992
Saints Courts Apartments
Deal
994 N Watkins St Memphis, TN
1 - 2 BR | Available Now
Contact
Income Restricted
13
$550 - 695
374 Dunlap
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
30
$629 - 651
Arbors Of Century Center
1490 Century Arbor Ln. Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
4
$665
Autumn Ridge
1.8
3888 Autumn Ridge Court Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Balcony/Deck/Patio
$625
226 N. Fourth
Memphis, TN
1 BR | Available Now
Contact
House
9
$675
1435 Madison Ave
Memphis, TN
Studio | May. 17, 2024
Contact
Air Conditioning
Storage
Disability Access
$695
115 117 Roberta Dr
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
11
$695
The Granville House
4.0
157 Stonewall St. Memphis, TN
1 BR | Available Now
Contact
Balcony/Deck/Patio
9
$650 - 785
Southwind Lakes
8210 Storr Dr Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Income Restricted
Section 8
2
$599
Emerald Pointe Apartment
3315 Hickory Hill Road Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Balcony/Deck/Patio
Storage
4
$635 - 890
Hedgerow
4733 Heather Row Memphis, TN
1 BR | Available Now
Contact
Income Restricted
Section 8
Pool
1
$475
Melinda Apartments
4332 Melinda Memphis, TN
2 BR | Available Now
Contact
Air Conditioning
2
$695
189 Auburndale
Memphis, TN
Studio | Jul. 10, 2024
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
11
$575
3582 Rockwood
Memphis, TN
2 BR | Available Now
Contact
House
1
$565
Melrose Place Apartments
2.0
3000 Barron Avenue Memphis, TN
2 BR | Available Now
Contact
Student
In Unit Laundry
17
$695
Newly Renovated 2-bedroom Apartment!
302 S Waldran Blvd Memphis, TN
2 BR | Ask for Availability
Contact
1
$500 - 610
El Dorado Apartments
1.4
2743 Ketchum Road Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
4
$495
1680 Kansas St
Memphis, TN
Studio - 1 BR | Ask for Availability
Contact
11
$500
2105 Swift
Memphis, TN
2 BR | Available Now
Contact
House
Den
31 - 60 of 88 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 88 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 26 studio apartments under $700 available for rent in Memphis.

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

Rentable.co has 203 one-bedroom apartments under $700 available for rent in Memphis.

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

Rentable.co has 430 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. South Forum
  2. New Chicago
  3. Orange Mound

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

Welcome to the May 2024 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 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 May 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 $950, with the majority falling between $550 and $1,570. Out of the 2,082 one-bedroom apartments currently on the market in Memphis, 138 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
98
In May 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 107 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 May M/M % Change
Memphis, TN 98 +0.96%
Cordova, TN 2 +0.96%
West Memphis, AR 2 +1.2%
Southaven, MS 2 +1.0%
Germantown, TN 2 +1.0%
Robinsonville, MS 2 +1.0%
Horn Lake, MS 1 +1.0%
Millington, TN 1 +1.0%
Bartlett, TN 0 +0.67%

Looking for Apartments Under $700 in Memphis?

Available apartments under $700 719
Top amenities Air Conditioning, Dishwasher, Balcony/Deck/Patio, Refrigerator, Range / Oven
Deals 13
Pet friendly 137
Utilities included 24
Furnished 40
1 Bedroom 83
2 Bedroom 90
3 Bedroom 21

Where are Memphis Apartments Under $700?

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