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Cheap Apartments in Memphis, TN

31 - 60 of 294 Results
11
$850
1353 Vance Ave
1353 Vance Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
1
$750
The 90 N Belvedere Apartments
90 N Belvedere Blvd Memphis, TN
1 BR | Jan. 5, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
12
$750
Newly Renovated 2022 - 2 Bedroom 1 Bathroom
147 Stonewall St #07 Memphis, TN
2 BR | Jan. 2, 2026
Contact
Dog Friendly
Cat Friendly
Dishwasher
1
$895
1202/1204 Tutwiler
1202 1204 Tutwiler Ave Memphis, TN
1 BR | Available Now
Contact
Air Conditioning
Disability Access
32
$899
Holmes Pointe Apartments
1594-1636 E Holmes Rd Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
19
$499
1767 E Raines Rd Apt Memphis
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
6
$185 - 200
1253 Cannon St
Memphis, TN
Studio - 1 BR | Available Now
Contact
1
$815
The Kendall
1018 N 7th St Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$650
3580 BRISTERWOOD
Memphis, TN
1 BR | Jan. 5, 2026
Contact
Dishwasher
1
$825
1259 Harbert
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
5
$650
Student Lofts At Brister, Bldg 103
613 Brister St Memphis, TN
1 BR | Available Now
Contact
Balcony/Deck/Patio
1
$750
328 Buntyn St
Memphis, TN
1 BR | Feb. 20, 2026
Contact
Storage
Disability Access
6
$800
304 E Waldorf Ave Unit 1
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
9
$799
1735 Delano Ave Unit 21
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
4
$895
49 S. Morrison
Memphis, TN
2 BR | Available Now
Contact
1
$825
Newly Renovated (in 2023) 2 Bedroom House!
1429 James St Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
1
$750
144 N Belvedere
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
13
$895
1st Month's Rent 1/2 Off
1108 S Greer St Memphis, TN
2 BR | Ask for Availability
Contact
House
20
$499
1761 E Raines Rd Apt Memphis
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
4
$799
1660 Dena Dr
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
House
2
$725
148 Stonewall Pl
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
8
$625 - 900
Springdale Apartments
Memphis, TN
1 - 4 BR | Available Now
Contact
22
$900
1751 Bismark St
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
9
$850
Section 8 Home Available Now.
4427 Ryan St Memphis, TN
3 BR | Ask for Availability
Contact
House
9
$771
Brownbark Dr
Memphis, TN
1 BR | Ask for Availability
Contact
4
$795
1280 Harbert #1
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$895
Imperial Arms
3636-3646 Spottswood Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
1
$600
1160 SPRINGDALE
Memphis, TN
1 BR | Available Now
Contact
1
$750
The Summer Oaks Apartments
4030 Summer Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
9
$699
1735 Delano Ave Unit 11
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
31 - 60 of 294 Results
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Frequently Asked Questions

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

There are 294 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 $190.

How many studio cheap apartments are available in Memphis?

Rentable.co has 14 studio cheap apartments available for rent in Memphis.

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

Rentable.co has 83 one-bedroom cheap apartments available for rent in Memphis.

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

Rentable.co has 97 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 $8,000.

Cheap Apartments in Memphis, TN: December Rental Information

Welcome to the December 2025 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 12 25 37 50 <$600 $640 $720 $800 $880 $960 $1,040 $1,120 $1,200 $1,280 $1,360 $1,440 $1,520 >$1,600
This month, the typical cost to rent a one-bedroom apartment in Memphis stands at $1,060, with the majority falling between $630 and $1,700. Out of the 3,617 one-bedroom apartments currently on the market in Memphis, 9 are priced below $400, accounting for 0% of the total available one-bedroom units in Memphis.

Available Cheap Apartments: Memphis vs. Surrounding Areas

Memphis, TN
23
In the chart above, you'll find the current number of available cheap apartments in Memphis, TN and the surrounding cities. As of December 2025, 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 December M/M % Change
Memphis, TN 24 +1.01%
Robinsonville, MS 2 +1.08%
Southaven, MS 1 +1.0%
Horn Lake, MS 1 +1.0%
Bartlett, TN 1 +0.5%

Looking for Cheap Apartments in Memphis?

Available cheap apartments 227
Top amenities Fitness Center, Air Conditioning, Refrigerator, Range / Oven, Pet Friendly Community
Pet friendly 81
Utilities included 13
Furnished 38
1 Bedroom 40
2 Bedroom 44
3 Bedroom 18
Square footage 542 - 1,606
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