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Cheap Apartments in Memphis, TN

61 - 90 of 241 Results
8
$555 - 835
Village Green Apartments
2.6
3450 Fescue Lane Memphis, TN
1 - 3 BR | Available Now
Contact
Cat Friendly
Luxury
Air Conditioning
Covered Parking
Balcony/Deck/Patio
11
$685 - 955
Town House Apartment Homes
3.4
1437 Central Avenue Memphis, TN
Studio - 1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Luxury
Section 8
0
$760 - 857
Jamesbridge
Deal
3815 N Advantage Way Dr Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
7
$750
Great Small Home Ready Now!
2718 Windsor Pkwy Memphis, TN
2 BR | Ask for Availability
Contact
House
2
$795
1632 Monroe Ave.
1632 Monroe St Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Balcony/Deck/Patio
Storage
9
$799
1735 Delano Ave Unit 21
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
31
$775
189 Auburndale St
189 Auburndale - 195 #16 Memphis, TN
1 BR | Jul. 17, 2026
Contact
Dog Friendly
Cat Friendly
1
$795
1536 Tutwiler Ave
Memphis, TN
1 BR | Jun. 12, 2026
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
12
$750
2 Bed 1 Bath Apartment In Midtown!
147 Stonewall St #06 Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$795
3602- 3616 Spottswood
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
6
$699
1678 Via Roma
Memphis, TN
1 BR | Available Now
Contact
House
7
$595
1297 S Prescott St
Memphis, TN
1 BR | Ask for Availability
Contact
House
13
$699
Cozy 2-bed, 1 Bath Duplex With Unique Touches & Great Vibes!
3639 Allandale Rd Memphis, TN
2 BR | Ask for Availability
Contact
House
1
$800
3605 Mynders Ave
Memphis, TN
1 BR | Available Now
Contact
Disability Access
Dishwasher
0
$750 - 825
Country View
Deal
3990 Stephanie Ln Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
5
$850
1304 Snowden Ave
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
15
$809
3017 Juca Ln
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Air Conditioning
12
$749
Charming 2-bedroom Brick Home With Bright Character And Natural Light
815 Lucille Ave Memphis, TN
2 BR | Ask for Availability
Contact
House
Air Conditioning
11
$850
3509 Brantley RD
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$750
1298 Carr
1298 Carr Ave Memphis, TN
2 BR | Available Now
Contact
Disability Access
5
$850
Summerwood Apartments
4015 Summer Ave Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
1
$495
Cute Duplex In Prospect Park
1455 Eloise Rd Memphis, TN
1 BR | Available Now
Contact
House
Disability Access
10
$800
1043 Whitaker Dr Unit 11
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
1
$795
Ess 3604
3604 Douglass Ave Memphis, TN
1 BR | Jul. 17, 2026
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
1
$550
165 N Merton
165 N Merton Ave Memphis, TN
1 BR | Available Now
Contact
Air Conditioning
Storage
Disability Access
7
$650
Move-in Special In 38112
3102 Allison Ave Memphis, TN
1 BR | Ask for Availability
Contact
House
1
$595
1435 Madison Ave.
1435 Madison Ave #5 Memphis, TN
Studio | Available Now
Contact
0
$699 - 729
Coronado Manor
2429 Ketchum Rd Memphis, TN
1 - 2 BR | Available Now
Contact
1
$725
Charming Midtown 2 Bedroom - 1 Bath | Freshly Updated | Open To Section 8
1537 Standridge St Memphis, TN
2 BR | Available Now
Contact
House
1
$850
1304 1306 Snowden Ave
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
61 - 90 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 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: May Rental Information

Welcome to the May 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

Available Cheap Apartments: Memphis vs. Surrounding Areas

Memphis, TN
19
In the chart above, you'll find the current number of available cheap apartments in Memphis, TN and the surrounding cities. As of May 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 May M/M % Change
Memphis, TN 20 +1.06%
Robinsonville, MS 2 +1.0%
Southaven, MS 1 +1.0%
Horn Lake, MS 1 +1.0%
Olive Branch, MS 0 +1.0%
Walls, MS 0 +1.0%

Looking for Cheap Apartments in Memphis?

Available cheap apartments 214
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 - 1,705
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