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Cheap Apartments in Memphis, TN

61 - 90 of 241 Results
5
$699
607 Mclemore Ave
Memphis, TN
2 BR | Available Now
Contact
32
$720 - 775
Welcome To Holmes Pointe Apartments!
1594-1636 E Holmes Rd Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
1
$825
1202/1204 Tutwiler
1202 1204 Tutwiler Ave Memphis, TN
1 BR | Available Now
Contact
Air Conditioning
Disability Access
18
$795
3612 Overton Crossing St
Memphis, TN
2 BR | Available Now
Contact
House
18
$675
482 E Mclemore Ave Unit Memphis
Memphis, TN
2 BR | Available Now
Contact
House
5
$625
262 Chelsea Ave
Memphis, TN
3 BR | Ask for Availability
Contact
5
$25 - 992
Saints Courts Apartments
Deal
994 N Watkins St Memphis, TN
1 - 2 BR | Available Now
Contact
Income Restricted
22
$695
525 N Waldran Blvd Unit Memphis
Memphis, TN
1 BR | Available Now
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House
9
$695
1917 Farrington St
Memphis, TN
2 BR | Available Now
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House
27
$599
1761 E Raines Rd Apt Memphis
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$650 - 695
1298 Carr
1298 Carr Ave Memphis, TN
Studio - 1 BR | Available Now
Contact
Disability Access
Dishwasher
10
$825
Summerwood Apartments
4015 Summer Ave Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
8
$625
1025 S Wellington St Unit Memphis
Memphis, TN
2 BR | Available Now
Contact
House
21
$675
1753 Bismark St
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
7
$850
3-bedroom In Memphis
2070 Willow Wood Ave Memphis, TN
3 BR | Ask for Availability
Contact
House
11
$750
Student Housing
3570 Spottswood Ave Ste 102 Memphis, TN
1 BR | Ask for Availability
Contact
Air Conditioning
In Unit Laundry
Dishwasher
13
$700
3br For Rent In Memphis
3058 Lenta Cv Memphis, TN
3 BR | Ask for Availability
Contact
House
41
$795
Sherwood Flats
3667 Rhodes Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$745
1302 Court Ave
Memphis, TN
Studio | Available Now
Contact
Storage
Disability Access
2
$795
1646 Monroe
Memphis, TN
1 BR | Oct. 16, 2026
Contact
Storage
Disability Access
Dishwasher
1
$850
The Marie
160 Hayden Pl Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
5
$795
Rowland 806
806 Maury St Memphis, TN
2 BR | Sep. 18, 2026
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Voillintine-Evergreen
24
$840 - 850
Imogene Apartments
2107 Imogene St Memphis, TN
2 BR | Available Now
Contact
11
$800
635 Patterson St Apt 4
Memphis, TN
1 BR | Available Now
Contact
House
Balcony/Deck/Patio
Dishwasher
10
$795
Cute 2/1 Mha Approved Duplex
754 Breedlove St Memphis, TN
2 BR | Ask for Availability
Contact
House
13
$792
Brandywine Cv
Memphis, TN
1 BR | Ask for Availability
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10
$750
Three Bedroom House For Rent
3542 Ashford Rd Memphis, TN
3 BR | Ask for Availability
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House
14
$850
Located In The Heart Of Midtown
519 S Edgewood St Memphis, TN
1 BR | Ask for Availability
Contact
House
Air Conditioning
In Unit Laundry
Dishwasher
14
$750
3br House For Rent In Memphis
3296 Madewell St Memphis, TN
3 BR | Ask for Availability
Contact
House
9
$795
Section 8 Home Available Now.
4427 Ryan St Memphis, TN
3 BR | Ask for Availability
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House
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 65 one-bedroom cheap apartments available for rent in Memphis.

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

Rentable.co has 80 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: August Rental Information

Welcome to the August 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
20
In the chart above, you'll find the current number of available cheap apartments in Memphis, TN and the surrounding cities. As of August 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 August M/M % Change
Memphis, TN 20 +0.97%
Robinsonville, MS 2 +1.0%
Horn Lake, MS 1 +1.0%
Southaven, MS 1 +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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