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Cheap Apartments in Memphis, TN

61 - 90 of 295 Results
21
$675
865 Dillworth
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
5
$699
1633 Dena Dr
Memphis, TN
1 BR | Ask for Availability
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Dog Friendly
House
12
$825
1032 N Evergreen St
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
Voillintine-Evergreen
2
$695 - 750
148 Stonewall Pl
Memphis, TN
1 BR | Available Now
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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
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House
8
$625 - 900
Springdale Apartments
Memphis, TN
1 - 4 BR | Available Now
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15
$700
964 Joseph Pl
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
House
15
$685
3054 Josibpet Ln
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Air Conditioning
5
$699
1629 Dena Dr
Memphis, TN
1 BR | Available Now
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Dog Friendly
House
15
$685
3039 Josibpet Ln
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Air Conditioning
15
$775
Section 8 Accepted 2 Bedroom 1 Bath Apartment!
800 Maury St #2 Memphis, TN
2 BR | Mar. 20, 2026
Contact
Dog Friendly
Cat Friendly
Voillintine-Evergreen
1
$750
Vsa - Bldg 03
2028 Jefferson St Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
1
$795
Beautiful Duplex | Apply Now!!
869 Pearce St Memphis, TN
2 BR | Available Now
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House
1
$850
Evergreen Terrace
1796 1800 Poplar Ave Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
1
$685 - 785
1304 Court Ave
Memphis, TN
1 BR | Available Now
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Storage
Disability Access
1
$850
3609 Mynders Ave
Memphis, TN
1 BR | Available Now
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Disability Access
Dishwasher
1
$875
Imperial Arms
3636-3646 Spottswood Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
18
$822
Dorothy Pl
Memphis, TN
1 BR | Ask for Availability
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20
$895
Section 8 Friendly!
3171 Princeton Ave Memphis, TN
3 BR | Ask for Availability
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House
13
$895
Ready For Move In!
1108 S Greer St Memphis, TN
2 BR | Ask for Availability
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House
19
$850
164 Keel Ave
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
House
17
$720
O - 2966 Yale Ave - 2966 Yale Ave
Memphis, TN
2 BR | Available Now
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1
$550
165 N Merton
165 N Merton Ave Memphis, TN
1 BR | Available Now
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Air Conditioning
Storage
Disability Access
34
$475
1767 E Raines Rd Apt Memphis
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$775
Section 8 Accepted!!
3068 Harvester Ln Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
5
$695 - 699
607 Mclemore Ave
Memphis, TN
2 BR | Available Now
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1
$850
1202/1204 Tutwiler
1202 1204 Tutwiler Ave Memphis, TN
1 BR | Available Now
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Air Conditioning
Disability Access
32
$899
Holmes Pointe Apartments
1594-1636 E Holmes Rd Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
18
$685
3106 Josibpet Ln
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Air Conditioning
4
$799
1660 Dena Dr
Memphis, TN
2 BR | Available Now
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Dog Friendly
House
61 - 90 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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