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Cheap Apartments in Memphis, TN

91 - 120 of 256 Results
8
$555 - 835
Village Green Apartments
2.6
3450 Fescue Lane Memphis, TN
1 - 3 BR | Available Now
Contact
Cat Friendly
Luxury
Air Conditioning
Covered Parking
Balcony/Deck/Patio
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
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
1
$500
1160 SPRINGDALE
Memphis, TN
1 BR | Available Now
Contact
1
$725
Cloverdale At Highland
3471 Douglass Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
11
$750
Student Housing
3570 Spottswood Ave Ste 102 Memphis, TN
1 BR | Ask for Availability
Contact
Air Conditioning
In Unit Laundry
Dishwasher
7
$650
Move-in Special In 38112
3102 Allison Ave Memphis, TN
1 BR | Ask for Availability
Contact
House
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
$800
Three Bedroom House For Rent
3542 Ashford Rd Memphis, TN
3 BR | Ask for Availability
Contact
House
0
$785 - 825
Cedar Run
5958 E Point Dr Memphis, TN
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
5
$25 - 992
Saints Courts Apartments
Deal
994 N Watkins St Memphis, TN
1 - 2 BR | Available Now
Contact
Income Restricted
9
$799
1628 Via Roma
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
House
2
$750
1632 Monroe Ave.
1632 Monroe St Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Balcony/Deck/Patio
Storage
8
$525
1452 Ethlyn Ave Unit 1
Memphis, TN
1 BR | Available Now
Contact
1
$650
Charming Renovated 1 Bedroom Home In North Memphis
820 Keel Ave Memphis, TN
1 BR | Available Now
Contact
House
0
$750 - 825
Country View
3990 Stephanie Ln Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
6
$850
1314 Decatur St Unit 1
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
New Chicago
1
$625
Very Cute Duplex In N. Memphis - $99 Move In Special
847 Ayers St Memphis, TN
1 BR | Available Now
Contact
House
30
$850
Cozy 1-bedroom Apartment With Appliances!!
3523 Barwood Cir Memphis, TN
1 BR | Jul. 17, 2026
Contact
Dog Friendly
Cat Friendly
Dishwasher
High Point Terrace
8
$750 - 850
220 S Cleveland St
Memphis, TN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
15
$750
3035 Juca Ln
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Air Conditioning
46
$788 - 1,291
Greenbrook at Shelby Farms
4.6
1400 Greenbrook Parkway Memphis, TN
1 BR | Available Now
Contact
Luxury
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
12
$695
Charming 2-bedroom Brick Home With Bright Character And Natural Light
815 Lucille Ave Memphis, TN
2 BR | Ask for Availability
Contact
House
Air Conditioning
0
$760 - 857
Jamesbridge
3815 N Advantage Way Dr Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
13
$850
821 Maury
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Voillintine-Evergreen
7
$725
Great Small Home Ready Now!
2718 Windsor Pkwy Memphis, TN
2 BR | Ask for Availability
Contact
House
1
$675 - 695
148 Stonewall Pl
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
0
$785 - 855
Epping Way
2690 Drury Way Ln Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
9
$799
1633 Dena Dr
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
House
15
$725
865 Dillworth
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
91 - 120 of 256 Results
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  2. Memphis
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Frequently Asked Questions

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

There are 256 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.

Which neighborhoods have the most cheap apartments for rent in Memphis, TN?

  1. Orange Mound

Cheap Apartments in Memphis, TN: July Rental Information

Welcome to the July 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 <$700 $740 $820 $900 $980 $1,060 $1,140 $1,220 $1,300 $1,380 $1,460 $1,540 >$1,620

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 July 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 July M/M % Change
Memphis, TN 20 +0.99%
Robinsonville, MS 2 +1.0%
Horn Lake, MS 1 +0.83%
Southaven, MS 1 +1.0%

Looking for Cheap Apartments in Memphis?

Available cheap apartments 216
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 17
Square footage 542 - 1,696
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