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Cheap Apartments in Memphis, TN

91 - 120 of 241 Results
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
7
$850
3-bedroom In Memphis
2070 Willow Wood Ave Memphis, TN
3 BR | Ask for Availability
Contact
House
13
$700
3br For Rent In Memphis
3058 Lenta Cv Memphis, TN
3 BR | Ask for Availability
Contact
House
10
$750
Three Bedroom House For Rent
3542 Ashford Rd 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
10
$795
Cute 2/1 Mha Approved Duplex
754 Breedlove St Memphis, TN
2 BR | Ask for Availability
Contact
House
7
$725
Great Small Home Ready Now!
2718 Windsor Pkwy Memphis, TN
2 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
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
Contact
House
15
$525 - 850
The Gilmore
3.9
6 South Mclean Blvd Memphis, TN
Studio - 1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
13
$850
Brentwood Place Apartments
1835 Sycamore View Rd Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Surface Parking
Fitness Center
10
$795
The Historic Almadura
2.5
175 Stonewall St. Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Disability Access
Dishwasher
8
$775
The Lofts At Union Alley
5.0
110 Barboro Alley Memphis, TN
Studio | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Den
1
$725
Merton Place
39 North Merton Memphis, TN
1 BR | Available Now
Contact
0
$839
Welcome To 2659 Whitman Ave In Memphis, Tn!
2659 Whitman Ave Memphis, TN
2 BR | Available Now
Contact
1
$800
East Memphis Duplex For Rent
166 Eastview Dr Memphis, TN
2 BR | Available Now
Contact
House
3
$595
195 Hawthorne
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
0
$840
Half Off 1st Full Months Rent Special !! Welcome To 848 Biggs Street!
848 Biggs St Memphis, TN
2 BR | Available Now
Contact
2
$696
3155 Sharpe Ave
Memphis, TN
1 BR | Ask for Availability
Contact
1
$775
609-611 Mallory
Memphis, TN
2 BR | Available Now
Contact
McKeller
1
$750
Tiger - 3516
3516 Carnes Ave Memphis, TN
1 BR | Sep. 18, 2026
Contact
0
$790
First Full Month Free! Welcome To 2972 Hale Ave!
2972 Hale Ave Memphis, TN
2 BR | Available Now
Contact
2
$557
3384 Harmony Ct
Memphis, TN
3 BR | Ask for Availability
Contact
0
$755
Grainge Hill
2281 Ketchum Rd Memphis, TN
2 BR | Available Now
Contact
0
$815
Half Off First Full Month's Rent!! Welcome To 977 Pope Street!
977 Pope St Memphis, TN
2 BR | Available Now
Contact
0
$699 - 759
Coronado Manor
2429 Ketchum Rd Memphis, TN
1 - 2 BR | Available Now
Contact
0
$650
3755 Fairmont Ave
Memphis, TN
1 BR | Ask for Availability
0
$695
3044 Sinclair St
Memphis, TN
2 BR | Ask for Availability
Contact
91 - 120 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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