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Cheap Apartments in Memphis, TN

61 - 90 of 293 Results
1
$840
31 N Evergreen
Memphis, TN
2 BR | Available Now
Contact
Air Conditioning
Storage
Disability Access
1
$800
3193-95 Forest Glen
3193 Forest Gln Memphis, TN
2 BR | Available Now
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Storage
Disability Access
1
$895
Peabody Apartments
1261 Peabody Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
9
$825
Perfect Midtown Location
2780 Madison Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
4
$799
1660 Dena Dr
Memphis, TN
2 BR | Available Now
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Dog Friendly
House
14
$850
648 Pawnee Ave
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$595
1298 Carr
1298 Carr Ave Memphis, TN
Studio - 1 BR | Available Now
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Disability Access
Dishwasher
1
$895
Move-in Ready 2-bedroom Memphis Home – Limited Time Offer
3501 Vernon Ave Memphis, TN
2 BR | Available Now
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House
Storage
1
$875
Move-in Special 1/2 Off 1st Month's Rent!!
3731 Mountain Terr Rd Memphis, TN
3 BR | Available Now
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House
10
$800
1043 Whitaker Dr Unit 11
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
4
$895
49 S. Morrison
Memphis, TN
2 BR | Available Now
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1
$825
Newly Renovated (in 2023) 2 Bedroom House!
1429 James St Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
1
$750
144 N Belvedere
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
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
9
$699
1735 Delano Ave Unit 11
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
1
$795
Very Cute Home In Hyde Park - $99 Move In Special
2275 Norman Ave Memphis, TN
2 BR | Available Now
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House
4
$750
1280 Harbert #3
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
10
$900
1043 Whitaker Dr Unit 21
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
6
$899
1658 Dena Dr
Memphis, TN
3 BR | Available Now
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Dog Friendly
House
15
$695
770 Brower St
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
9
$650
Student Lofts At Brister, Bldg 106
613 Brister St Memphis, TN
1 BR | Available Now
Contact
Balcony/Deck/Patio
1
$850
Peabody Place Apartments
1896 Peabody Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
1
$895
Parkway Place Apartments
2342 Parkway Pl Memphis, TN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
22
$900
1753 Bismark St
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
7
$685
3029 Josibpet Ln
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Air Conditioning
22
$900
1751 Bismark St
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
9
$850
Section 8 Home Available Now.
4427 Ryan St Memphis, TN
3 BR | Ask for Availability
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House
9
$771
Brownbark Dr
Memphis, TN
1 BR | Ask for Availability
Contact
15
$730
1020 Boston Street - O - 1020 Boston St
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Orange Mound
61 - 90 of 293 Results
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Frequently Asked Questions

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

There are 293 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 $190.

How many studio cheap apartments are available in Memphis?

Rentable.co has 14 studio cheap apartments available for rent in Memphis.

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

Rentable.co has 83 one-bedroom cheap apartments available for rent in Memphis.

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

Rentable.co has 97 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 $8,000.

Cheap Apartments in Memphis, TN: December Rental Information

Welcome to the December 2025 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 12 25 37 50 <$600 $640 $720 $800 $880 $960 $1,040 $1,120 $1,200 $1,280 $1,360 $1,440 $1,520 >$1,600
This month, the typical cost to rent a one-bedroom apartment in Memphis stands at $1,060, with the majority falling between $620 and $1,700. Out of the 3,619 one-bedroom apartments currently on the market in Memphis, 9 are priced below $400, accounting for 0% of the total available one-bedroom units in Memphis.

Available Cheap Apartments: Memphis vs. Surrounding Areas

Memphis, TN
23
In the chart above, you'll find the current number of available cheap apartments in Memphis, TN and the surrounding cities. As of December 2025, 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 December M/M % Change
Memphis, TN 24 +1.01%
Robinsonville, MS 2 +1.08%
Southaven, MS 1 +1.0%
Horn Lake, MS 1 +1.0%
Bartlett, TN 1 +0.5%

Looking for Cheap Apartments in Memphis?

Available cheap apartments 227
Top amenities Fitness Center, Air Conditioning, Refrigerator, Range / Oven, Pet Friendly Community
Pet friendly 81
Utilities included 13
Furnished 38
1 Bedroom 40
2 Bedroom 44
3 Bedroom 18
Square footage 542 - 1,606
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