Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Memphis area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Cheap Apartments in Memphis, TN

91 - 120 of 295 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 - 1,005
Town House Apartment Homes
3.4
1437 Central Avenue Memphis, TN
Studio - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Luxury
Section 8
1
$875 - 895
3602- 3616 Spottswood
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
1
$890 - 895
Peabody Apartments
1261 Peabody Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
9
$800 - 875
Perfect Midtown Location
2780 Madison Ave Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
6
$899
1658 Dena Dr
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
House
20
$675
770 Brower St
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
18
$822
Dorothy Pl
Memphis, TN
1 BR | Ask for Availability
Contact
20
$895
Section 8 Friendly!
3171 Princeton Ave Memphis, TN
3 BR | Ask for Availability
Contact
House
1
$785
406/408 N Bellevue Blvd
406 408 St Memphis, TN
1 BR | Available Now
Contact
Storage
1
$900
Newly Renovated 2 Br Home| Berclair | Open To Section 8
4095 Wales Ave Memphis, TN
2 BR | Available Now
Contact
House
Disability Access
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
1
$895 - 900
U Of M Area~~
592-600 Patterson St Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
9
$699
1735 Delano Ave Unit 11
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
15
$730
1020 Boston Street - O - 1020 Boston St
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Orange Mound
14
$814
N Barksdale St
Memphis, TN
1 BR | Ask for Availability
Contact
7
$695
1297 S Prescott St
Memphis, TN
1 BR | Ask for Availability
Contact
House
13
$799
Cozy 2-bed, 1 Bath Duplex With Unique Touches & Great Vibes!
3639 Allandale Rd Memphis, TN
2 BR | Ask for Availability
Contact
House
11
$845
Cozy & Low-maintenance 3-bedroom Brick Home With Inviting Layout
3659 Royal Wood Dr Memphis, TN
3 BR | Ask for Availability
Contact
House
9
$771
Brownbark Dr
Memphis, TN
1 BR | Ask for Availability
Contact
6
$850
3br House In Memphis
3662 Irma St Memphis, TN
3 BR | Ask for Availability
Contact
House
1
$750
1530 Monroe Ave
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$750
Come See This Charming 1 Bedroom 1 Bathroom Duplex Off Of S. Parkway
1452 Oaklawn St Memphis, TN
1 BR | Available Now
Contact
House
1
$740
1493 Gaither St
Memphis, TN
2 BR | Available Now
Contact
1
$895
Charming 2 Bedroom Home - Open To Section 8
3805 S Mendenhall Rd Memphis, TN
2 BR | Available Now
Contact
House
1
$625
Charming 1 Bedroom, 1 Bath | Open To Section 8
2255 Marble Ave Memphis, TN
1 BR | Available Now
Contact
House
1
$795
Newly Renovated 1br/1ba Duplex Near U Of M
3219 Choctaw Ave Memphis, TN
1 BR | Available Now
Contact
House
1
$850
887 Par Ave
Memphis, TN
2 BR | Available Now
Contact
House
1
$550
Charming Brick Duplex In Midtown - Open To Section 8 - $99 Move In Special
2217 Clayton Ave Memphis, TN
1 BR | Available Now
Contact
House
91 - 120 of 295 Results
  1. Home
  2. Memphis
  3. Cheap Apartments
Frequently Asked Questions

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

There are 295 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: February Rental Information

Welcome to the February 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
21
In the chart above, you'll find the current number of available cheap apartments in Memphis, TN and the surrounding cities. As of February 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 February M/M % Change
Memphis, TN 22 +1.04%
Robinsonville, MS 2 +1.0%
Southaven, MS 1 +1.0%
Horn Lake, MS 1 +1.0%
Cordova, TN 0 +1.0%
Bartlett, TN 0 +1.5%

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
Browse Memphis Apartments
Memphis Apartments by Neighborhood
Memphis Apartments by Bedrooms
Memphis Apartments by Affordability
Memphis Apartments with Amenities
Memphis Apartments by Type
Colleges Near Memphis
Memphis Apartments by Zip Code