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Cheap Apartments in Memphis, TN

91 - 120 of 241 Results
1
$825
605 E Mclemore Ave
Memphis, TN
2 BR | Available Now
Contact
1
$825
Charming 3 Bedroom Home - Open To Section 8
572 Jenson Rd Memphis, TN
3 BR | Available Now
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House
1
$695
Delightful 2 Bedroom 1 Bath Duplex - Open To Section 8 - $99 Move In Specail
1133 Gerard St Memphis, TN
2 BR | Available Now
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House
0
$839
Welcome To 2659 Whitman Ave In Memphis, Tn!
2659 Whitman Ave Memphis, TN
2 BR | Available Now
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1
$625
Charming 1 Bedroom, 1 Bath | Open To Section 8
2255 Marble Ave Memphis, TN
1 BR | Available Now
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House
1
$795
Newly Renovated 1br/1ba Duplex Near U Of M
3219 Choctaw Ave Memphis, TN
1 BR | Available Now
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House
0
$650
3755 Fairmont Ave
Memphis, TN
1 BR | Ask for Availability
3
$800
4br House In Memphis
439 Marlowe Ave Memphis, TN
4 BR | Ask for Availability
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House
Air Conditioning
1
$725
Charming Midtown 2 Bedroom - 1 Bath | Freshly Updated | Open To Section 8
1531 Standridge St Memphis, TN
2 BR | Available Now
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House
1
$800
Te - Spottswoodave3885
3885 Spottswood Ave Memphis, TN
1 BR | Available Now
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1
$825 - 850
151 N Belvedere Blvd
Memphis, TN
2 BR | Available Now
Contact
Dishwasher
1
$525
Newly Refreshed 1 Bedroom 1 Bathroom Duplex - $99 Move In Special
1408 Effie Rd Memphis, TN
1 BR | Available Now
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House
1
$715 - 769
Camelot Manor
3167 Ashwood St Memphis, TN
1 - 2 BR | Available Now
Contact
0
$679 - 749
Scenic Hills
3108 New Allen Rd Memphis, TN
1 - 2 BR | Available Now
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2
$850
49 S. Morrison
Memphis, TN
2 BR | Available Now
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1
$765
Welcome To 2917 Yale Ave! Move In Special Half Off First Months Rent!!!!
2917 Yale Ave Memphis, TN
1 BR | Available Now
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House
1
$850
1307 Vinton Ave
Memphis, TN
2 BR | Available Now
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1
$550
Scott Street Apartments
304 Scott St Memphis, TN
1 BR | Available Now
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1
$695
Charming 2 Bedroom 1 Bath Duplex - Open To Section 8
1463 Boxwood St Memphis, TN
2 BR | Available Now
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House
1
$495
Freshly Painted Apartment In Memphis
1499-1501 N Merton St Memphis, TN
2 BR | Ask for Availability
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1
$550
Charming 1 Bed / 1 Bath Duplex In Memphis – Convenient & Affordable Living
2077 Lowell Ave Memphis, TN
1 BR | Available Now
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House
1
$750
1513 Ragan St
Memphis, TN
2 BR | May. 22, 2026
Contact
House
1
$850
288 N. McLean #2
Memphis, TN
Studio | Jul. 27, 2026
Contact
Dog Friendly
Cat Friendly
Dishwasher
1
$849
1306 Carr
1306 Carr Ave Memphis, TN
1 BR | Available Now
Contact
1
$695
Renovated 2 Bedroom 1 Bath Duplex - Open To Section 8 - $99 Move In Special
1917 Farrington St Memphis, TN
2 BR | Available Now
Contact
House
1
$625
Charming 2 Bedroom 1 Bathroom Apartment
1025 S Wellington St Unit 3 Memphis, TN
2 BR | Available Now
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House
1
$775
820 Maury St
Memphis, TN
1 BR | Available Now
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Voillintine-Evergreen
1
$750
Recently Renovated Efficiency Apartment In Midtown
1279 Carr Ave Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$450
Wynn 734
734 Lane Ave Memphis, TN
1 BR | Available Now
Contact
1
$695
Renovated 2 Bdrm 1 Bath | Duplex | Open To Section 8 | $99 Move In Special
1919 Farrington St Memphis, TN
2 BR | Available Now
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House
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 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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