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Cheap Apartments in Memphis, TN

31 - 60 of 241 Results
41
$795
Sherwood Flats
3667 Rhodes Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$745
1302 Court Ave
Memphis, TN
Studio | Available Now
Contact
Storage
Disability Access
2
$795
1646 Monroe
Memphis, TN
1 BR | Oct. 16, 2026
Contact
Storage
Disability Access
Dishwasher
1
$750
The Summer Oaks Apartments
4030 Summer Ave Memphis, TN
2 BR | Sep. 1, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
1
$710
Cloverdale At Highland
3471 Douglass Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
14
$825
1593 Mississippi Blvd
Memphis, TN
2 BR | Available Now
Contact
House
5
$25 - 992
Saints Courts Apartments
Deal
994 N Watkins St Memphis, TN
1 - 2 BR | Available Now
Contact
Income Restricted
0
$750 - 825
Country View
3990 Stephanie Ln Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
15
$750
3035 Juca Ln
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Air Conditioning
11
$750
Student Housing
3570 Spottswood Ave Ste 102 Memphis, TN
1 BR | Ask for Availability
Contact
Air Conditioning
In Unit Laundry
Dishwasher
1
$675
1304 Court Ave
Memphis, TN
Studio | Available Now
Contact
Storage
Disability Access
2
$550 - 795
PER
ROOM
The Nine at Memphis
Deal
3565 Mynders Ave Memphis, TN
2 - 4 BR | Aug. 21, 2026
Contact
Dog Friendly
Cat Friendly
Student
Luxury
Air Conditioning
1
$800
2659 Windsor
Memphis, TN
2 BR | Available Now
Contact
House
12
$750
3049 Juca Ln
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Air Conditioning
1
$825
1202/1204 Tutwiler
1202 1204 Tutwiler Ave Memphis, TN
1 BR | Available Now
Contact
Air Conditioning
Disability Access
1
$750
Norman Ave 2336 - 2338 (duplex) - Ah
2336 Norman Ave Memphis, TN
2 BR | Available Now
Contact
32
$720 - 775
Welcome To Holmes Pointe Apartments!
1594-1636 E Holmes Rd Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
5
$699
607 Mclemore Ave
Memphis, TN
2 BR | Available Now
Contact
4
$750
1280 Harbert #3
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
8
$725
220 S Cleveland St
Memphis, TN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
10
$750
Three Bedroom House For Rent
3542 Ashford Rd Memphis, TN
3 BR | Ask for Availability
Contact
House
0
$785 - 825
Cedar Run
5958 E Point Dr Memphis, TN
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
1
$695
1229 Vinton
1229 Vinton Ave Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
1
$575
791 Maury
Memphis, TN
2 BR | Nov. 20, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
1
$775
619 Patterson #5
Memphis, TN
1 BR | Available Now
Contact
House
Storage
13
$792
Brandywine Cv
Memphis, TN
1 BR | Ask for Availability
Contact
1
$795
Imperial Arms
3636-3646 Spottswood Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
3
$750
147 Stonewall St
Memphis, TN
2 BR | Aug. 31, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
12
$750 - 850
Macon Crossing Apartments
1092-3655 Homer/Macon Memphis, TN
1 - 2 BR | Aug. 21, 2026
Contact
Dog Friendly
Cat Friendly
Dishwasher
Downtown Memphis
6
$695
1463 Boxwood St
Memphis, TN
2 BR | Available Now
Contact
House
31 - 60 of 241 Results
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Frequently Asked Questions

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

There are 241 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 11 studio cheap apartments available for rent in Memphis.

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

Rentable.co has 65 one-bedroom cheap apartments available for rent in Memphis.

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

Rentable.co has 80 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: August Rental Information

Welcome to the August 2026 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 20 40 60 80 <$600 $640 $720 $800 $880 $960 $1,040 $1,120 $1,200 $1,280 $1,360 $1,440 $1,520 >$1,600

Available Cheap Apartments: Memphis vs. Surrounding Areas

Memphis, TN
20
In the chart above, you'll find the current number of available cheap apartments in Memphis, TN and the surrounding cities. As of August 2026, 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 August M/M % Change
Memphis, TN 20 +0.97%
Robinsonville, MS 2 +1.0%
Horn Lake, MS 1 +1.0%
Southaven, MS 1 +1.0%

Looking for Cheap Apartments in Memphis?

Available cheap apartments 213
Top amenities Fitness Center, Air Conditioning, Refrigerator, Range / Oven, Pet Friendly Community
Pet friendly 80
Utilities included 13
Furnished 38
1 Bedroom 38
2 Bedroom 44
3 Bedroom 15
Square footage 542 - 1,618
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