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Cheap Apartments in Memphis, TN

31 - 60 of 295 Results
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
1
$900
Newly Renovated 2 Br Home| Berclair | Open To Section 8
4095 Wales Ave Memphis, TN
2 BR | Available Now
Contact
House
Disability Access
1
$895 - 900
U Of M Area~~
592-600 Patterson St Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
9
$699
1735 Delano Ave Unit 11
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
1
$850
6 W. Byfield
Memphis, TN
3 BR | Feb. 21, 2026
Contact
Dog Friendly
Cat Friendly
House
1
$600
3580 BRISTERWOOD
Memphis, TN
1 BR | Available Now
Contact
Dishwasher
5
$795
Student Lofts At Brister, Bldg 103
613 Brister St Memphis, TN
1 BR | Available Now
Contact
Balcony/Deck/Patio
1
$650
328 Buntyn St
Memphis, TN
1 BR | Feb. 20, 2026
Contact
Storage
Disability Access
8
$799
1735 Delano Ave Unit 21
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
8
$895
220 S Cleveland St
Memphis, TN
2 BR | Apr. 17, 2026
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Dishwasher
9
$900
1043 Whitaker Dr Unit 21
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
1
$799
31 N Evergreen
Memphis, TN
2 BR | Available Now
Contact
Air Conditioning
Storage
Disability Access
1
$875 - 895
3602- 3616 Spottswood
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
1
$890 - 895
Peabody Apartments
1261 Peabody Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
9
$800 - 875
Perfect Midtown Location
2780 Madison Ave Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
11
$875
3350 Ashland St
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
1
$875
Imperial Arms
3636-3646 Spottswood Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
2
$850
1916 Felix
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Cooper-Young
1
$800
3605 Mynders Ave
Memphis, TN
1 BR | Available Now
Contact
Disability Access
Dishwasher
1
$495
Hubbard Ave 2367-2369 (duplex) - Ah
2367 Hubbard Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
15
$730
1020 Boston Street - O - 1020 Boston St
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Orange Mound
4
$799
1660 Dena Dr
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
House
10
$850
1323 W Victor Dr
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
6
$850
3br House In Memphis
3662 Irma St Memphis, TN
3 BR | Ask for Availability
Contact
House
2
$695 - 750
148 Stonewall Pl
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
1
$895
2 Bdrm, 1.5 Bath Townhome | Hickory Ridge
3754 Cambridge Station Dr Memphis, TN
2 BR | Available Now
Contact
House
8
$625 - 900
Springdale Apartments
Memphis, TN
1 - 4 BR | Available Now
Contact
6
$899
1658 Dena Dr
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
House
20
$675
770 Brower St
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
31 - 60 of 295 Results
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Frequently Asked Questions

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

There are 295 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 76 one-bedroom cheap apartments available for rent in Memphis.

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

Rentable.co has 95 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: February Rental Information

Welcome to the February 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
21
In the chart above, you'll find the current number of available cheap apartments in Memphis, TN and the surrounding cities. As of February 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 February M/M % Change
Memphis, TN 22 +1.04%
Robinsonville, MS 2 +1.0%
Southaven, MS 1 +1.0%
Horn Lake, MS 1 +1.0%
Cordova, TN 0 +1.0%
Bartlett, TN 0 +1.5%

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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