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Cheap Apartments in Memphis, TN

61 - 90 of 297 Results
12
$850
Newly Renovate In 2022 - 2 Bedroom 1 Bathroom
147 Stonewall St #01 Memphis, TN
2 BR | Jun. 19, 2026
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Dog Friendly
Cat Friendly
Dishwasher
32
$875 - 899
Holmes Pointe Apartments
1594-1636 E Holmes Rd Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
5
$695 - 699
607 Mclemore Ave
Memphis, TN
2 BR | Available Now
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5
$850
Summerwood Apartments
4015 Summer Ave Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
1
$495
Cute Duplex In Prospect Park
1455 Eloise Rd Memphis, TN
1 BR | Available Now
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House
Disability Access
7
$775
4649 Royal Ridge Dr
Memphis, TN
1 BR | Available Now
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3
$760 - 900
PER
ROOM
The Nine at Memphis
3565 Mynders Ave Memphis, TN
2 - 4 BR | Aug. 21, 2026
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Dog Friendly
Cat Friendly
Student
Air Conditioning
Fitness Center
41
$825
Sherwood Flats
3667 Rhodes Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
1
$850
Peabody Place Apartments
1896 Peabody Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
1
$850 - 895
Parkway Place Apartments
2342 Parkway Pl Memphis, TN
Studio - 1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
11
$859
3151 Ashwood Rd
Memphis, TN
2 BR | Ask for Availability
Contact
Air Conditioning
Dishwasher
10
$900
3300 Benjestown Rd
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
0
$880
Highland Chateau
5246 Raleigh Lagrange Rd Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
25
$850
159 N Belvedere - 159 N Belvedere
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
11
$800
132 N Evergreen St
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
0
$835
Abington
4616 Scott Crossing Dr Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
1
$750
Renovated 2 Bedroom Duplex Now Available!! ~ Minutes From Midtown/downtown Memphis
651 Walnut St Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
12
$750
Great 2 Bedroom Apartment In Midtown!
147 Stonewall St #11 Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
10
$725
2922 Hale Ave
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
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
11
$859
3151 Ashwood Rd
Memphis, TN
1 BR | Ask for Availability
Contact
Air Conditioning
Dishwasher
1
$815
The Kendall
1018 N 7th St Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
13
$800
3357 Winchester Pl
Memphis, TN
1 BR | Available Now
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Air Conditioning
Dishwasher
5
$825
1278 Saxon Ave
Memphis, TN
3 BR | Apr. 8, 2026
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Dog Friendly
Cat Friendly
54
$875
1280 Harbert Ave.
1280 Harbert #5 Memphis, TN
2 BR | May. 15, 2026
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Dog Friendly
Cat Friendly
1
$550
165 N Merton
165 N Merton Ave Memphis, TN
1 BR | Available Now
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Air Conditioning
Storage
Disability Access
21
$720
O - 2966 Yale Ave - 2966 Yale Ave
Memphis, TN
2 BR | Available Now
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10
$750
2br Condo In Memphis
5217 Flowering Peach Dr Memphis, TN
2 BR | Ask for Availability
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House
10
$900
1043 Whitaker Dr Unit 21
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
1
$650
Recently Renovated 1 Bedroom Duplex Ready For Move-in!! - Binghampton
684 Lipford St Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
House
61 - 90 of 297 Results
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Frequently Asked Questions

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

There are 297 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: April Rental Information

Welcome to the April 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 15 30 45 60 <$600 $640 $720 $800 $880 $960 $1,040 $1,120 $1,200 $1,280 $1,360 $1,440 $1,520 $1,600 $1,680

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 April 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 April M/M % Change
Memphis, TN 21 +1.02%
Robinsonville, MS 2 +1.0%
Southaven, MS 1 +1.0%
Horn Lake, MS 1 +1.0%
Olive Branch, MS 0 +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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