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Cheap Apartments in Memphis, TN

1 - 30 of 166 Results
27
$824
The Park at Forest Hill
Deal
8285 Irene Boulevard Memphis, TN
1 BR | Aug. 6, 2024
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Balcony/Deck/Patio
5
$1 - 900
Greenbriar Apartments
Deal
3131 Madewell Memphis, TN
1 - 3 BR | Ask for Availability
Contact
Air Conditioning
Surface Parking
17
$825
The Park at New Castle
6860 Quince Road Memphis, TN
1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
33
$760 - 830
Hickory Grove
4.2
6277 Lake Arbor Drive Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Surface Parking
Balcony/Deck/Patio
20
$691 - 797
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
8
$775
The Lofts At Union Alley
5.0
110 Barboro Alley Memphis, TN
Studio | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Den
17
$100 - 350
City View Towers - Seniors 62 & Older
256 S Camilla St Memphis, TN
1 BR | Available Now
Contact
Heat Included
Senior Community
Income Restricted
Air Conditioning
Surface Parking
8
$555 - 785
Village Green Apartments
Deal
2.6
3450 Fescue Lane Memphis, TN
1 - 3 BR | Available Now
Contact
Cat Friendly
Luxury
Air Conditioning
Covered Parking
Balcony/Deck/Patio
11
$685 - 955
Town House Apartment Homes
Deal
3.4
1437 Central Avenue Memphis, TN
Studio - 1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Luxury
Section 8
24
$710 - 825
Summer Trace Apartments
3.2
6015 Summer Trace Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
12
$700
Beautifully Renovated Duplex - Available Now!!
2121 Brown Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
5
$695
Shady Oaks Apartments
516-522 Sharon Dr Memphis, TN
2 BR | Available Now
Contact
Air Conditioning
Balcony/Deck/Patio
Storage
Disability Access
Dishwasher
4
$825
Beverly Springs
2879 Beverly Hill St Memphis, TN
2 BR | Available Now
Contact
Storage
9
$750
Cloverdale At Highland
3471 Douglass Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
7
$800
643 Mc Whirter
Memphis, TN
2 BR | Available Now
Contact
House
Disability Access
13
$825
2023 Brookline
Memphis, TN
2 BR | May. 10, 2024
Contact
House
Storage
Disability Access
9
$775
Triplex For Rent In South Memphis
821 Lucille Ave Memphis, TN
2 BR | Available Now
Contact
House
4
$800
3193-95 Forest Glen
3193 Forest Gln Memphis, TN
2 BR | Available Now
Contact
Storage
Disability Access
5
$659 - 820
University Gardens Manor
2059 N Cabana Cir Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
Disability Access
18
$750
1916 Felix
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Cooper-Young
16
$795
278 N Hollywood
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
7
$810
410/412 N Bellevue Blvd
Memphis, TN
1 BR | May. 1, 2024
Contact
Storage
5
$800
Vsa - Bldg 4
2036 Jefferson St Memphis, TN
1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Storage
25
$750
Wynn 1337
1337 Chadwick Cir Memphis, TN
2 BR | May. 4, 2024
Contact
Dog Friendly
Cat Friendly
12
$695
Recently Renovated Apartment In Nutbush
1447 Wells Station Rd Unit 6 Memphis, TN
2 BR | Available Now
Contact
House
9
$700
The Bowery-memphis
6332 Village Grove Dr Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
Pool
6
$750
The Summer Oaks Apartments
4030 Summer Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
8
$695
3580 BRISTERWOOD
Memphis, TN
1 BR | Available Now
Contact
Dishwasher
13
$750
Knob Hill Apartments
1089 Florida St Memphis, TN
2 BR | Available Now
Contact
Income Restricted
Air Conditioning
Balcony/Deck/Patio
Storage
Disability Access
10
$775
The Drew - 1070 Merriwether Avenue
1070 Merriwether Ave Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
1 - 30 of 166 Results
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Frequently Asked Questions

How many cheap apartments are available in Memphis, TN on Rentable.co?

There are 166 cheap apartments in Memphis currently available for rent on Rentable.co.

What is the average rent for a cheap apartment in Memphis, TN?

The average monthly rent for a cheap apartment in Memphis is about $380.

How many studio cheap apartments are available in Memphis?

Rentable.co has 25 studio cheap apartments available for rent in Memphis.

How many one-bedroom cheap apartments are available in Memphis?

Rentable.co has 66 one-bedroom cheap apartments available for rent in Memphis.

How many two-bedroom cheap apartments are available in Memphis?

Rentable.co has 81 two-bedroom cheap apartments available for rent in Memphis.

Can I afford a cheap apartment in Memphis, TN?

To comfortably afford a cheap apartment in Memphis based on average rent prices, a household would need an annual income of $15,000.

Cheap Apartments in Memphis, TN: April Rental Information

Welcome to the April 2024 Memphis Apartment Report. In this overview of the local rental market, Rentable's rental experts and data scientists present the key findings and figures for the Memphis rental landscape.

Our experts have analyzed the inventory trends for cheap apartments in Memphis, specifically those that are available for under $1,000 per month. We examine the overall market rent distribution and provide insights into the availability of apartments based on bedroom count. Additionally, we compare the data on a month-over-month basis to help renters understand the rental landscape in Memphis and its surrounding areas.

This summary also highlights the various features and amenities that renters can expect to find in apartments under $1,000 in Memphis. We also offer information on different location options within the city for renters seeking affordable apartments. Whether you're looking for a studio or a multi-bedroom apartment, this report will provide you with valuable insights to help you in your apartment search 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

Available Cheap Apartments: Memphis vs. Surrounding Areas

Memphis, TN
19
In the chart above, you'll find the current number of available cheap apartments in Memphis, TN and the surrounding cities. As of April 2024, the inventory shows the number of affordable housing options in Memphis as well as West Memphis, Southaven, Olive Branch, Germantown, Lakeland, Millington, Munford, Arlington, Piperton, Bartlett, Collierville, Hernando, Marion, Robinsonville, Walls, Cordova, Horn Lake, Joiner, Turrell, and Nesbit. This data reflects the total inventory of cheap apartments in the Memphis, TN metro area, giving you an idea of the current availability in the region.

Cheap Apartments Now vs. Last Month: Memphis and Surrounding Areas

City Cheap Apartments in April M/M % Change
Memphis, TN 20 +0.99%
Germantown, TN 2 +1.0%
Cordova, TN 2 +1.0%
Robinsonville, MS 2 +1.0%
Southaven, MS 1 +1.0%
Horn Lake, MS 1 +1.0%
West Memphis, AR 1 +1.5%
Turrell, AR 0 +1.5%

Looking for Cheap Apartments in Memphis?

Available cheap apartments 206
Top amenities Fitness Center, Air Conditioning, Refrigerator, Range / Oven, Pet Friendly Community
Deals 8
Pet friendly 80
Utilities included 13
Furnished 38
1 Bedroom 34
2 Bedroom 37
3 Bedroom 14
Square footage 547 - 1,606
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