Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Memphis area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Cheap Apartments in Memphis, TN

31 - 60 of 240 Results
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
10
$860
1508 Madison Ave Unit 104
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
5
$749
2718 Claudette Road, Unit 101
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Dishwasher
9
$699
1735 Delano Ave Unit 11
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
1
$705
1 Bed, 1 Bath (new Appliances) In Berclair
3727 Faxon Ave Memphis, TN
1 BR | Available Now
Contact
House
15
$730
1020 Boston Street - O - 1020 Boston St
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Orange Mound
20
$549
1767 E Raines Rd Apt Memphis
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
17
$549
1765 E Raines Rd Apt Memphis
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
15
$685
3023 Josibpet Ln
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Air Conditioning
1
$875
Move-in Special 1/2 Off 1st Month's Rent!!
3731 Mountain Terr Rd Memphis, TN
3 BR | Available Now
Contact
House
10
$800
1043 Whitaker Dr Unit 11
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
1
$800
3193-95 Forest Glen
3193 Forest Gln Memphis, TN
2 BR | Available Now
Contact
Storage
Disability Access
9
$825
Perfect Midtown Location
2780 Madison Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$845
31 N Evergreen
Memphis, TN
2 BR | Available Now
Contact
Air Conditioning
Storage
Disability Access
6
$650
1651 Dena Dr
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
House
1
$550
165 N Merton
165 N Merton Ave Memphis, TN
1 BR | Available Now
Contact
Air Conditioning
Storage
Disability Access
1
$525
Cute Duplex Off Mclemore 1 Bedroom 1 Bathroom - $99 Move In Special
1321 Wilson St Memphis, TN
1 BR | Available Now
Contact
House
Disability Access
1
$850
Newly Rehabbed 2 Bedroom 1 Bath | North Memphis | Open To Section 8
2268 Hubbard Ave Memphis, TN
2 BR | Available Now
Contact
House
15
$725 - 875
Overton Place
Deal
414 N Claybrook St #1 Memphis, TN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
17
$745
O - 2966 Yale Ave - 2966 Yale Ave
Memphis, TN
2 BR | Available Now
Contact
1
$825
Beautiful Duplex | Apply Now!!
869 Pearce St Memphis, TN
2 BR | Available Now
Contact
House
4
$725
1280 Harbert #7
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$785
1304 Court Ave
Memphis, TN
1 BR | Available Now
Contact
Storage
Disability Access
1
$800
3609 Mynders Ave
Memphis, TN
1 BR | Available Now
Contact
Disability Access
Dishwasher
15
$725
770 Brower St
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
10
$875
2156 Stovall Ave
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
10
$850
1640 Russwood Rd
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
2
$775
148 Stonewall Pl
Memphis, TN
1 BR | Dec. 19, 2025
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
1
$750
1914 Felix
Memphis, TN
1 BR | Feb. 10, 2026
Contact
Air Conditioning
Storage
Disability Access
Cooper-Young
5
$699
1633 Dena Dr
Memphis, TN
1 BR | Ask for Availability
Contact
Dog Friendly
House
31 - 60 of 240 Results
  1. Home
  2. Memphis
  3. Cheap Apartments
Frequently Asked Questions

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

There are 240 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 $350.

How many studio cheap apartments are available in Memphis?

Rentable.co has 15 studio cheap apartments available for rent in Memphis.

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

Rentable.co has 82 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 $14,000.

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 $1,070, with the majority falling between $630 and $1,570. Out of the 3,479 one-bedroom apartments currently on the market in Memphis, 8 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
Browse Memphis Apartments
Memphis Apartments by Neighborhood
Memphis Apartments by Bedrooms
Memphis Apartments by Affordability
Memphis Apartments with Amenities
Memphis Apartments by Type
Colleges Near Memphis
Memphis Apartments by Zip Code