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Cheap Apartments in Memphis, TN

91 - 120 of 245 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
5
$625
262 Chelsea Ave
Memphis, TN
3 BR | Ask for Availability
Contact
27
$599
1767 E Raines Rd Apt Memphis
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
0
$650
Cloverdale At Highland
3471 Douglass Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
0
$825 - 850
U Of M Area! Fully Renovated One Bedroom Apartments Now Available!
461 S Highland St Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
1
$800
3522 - 3524 Christine Rd.
3522 Christine RD Memphis, TN
2 BR | Available Now
Contact
Disability Access
0
$650
250 N Willet
250 N Willet St Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
12
$750
2 Bed 1 Bath Apartment In Midtown!
147 Stonewall St #06 Memphis, TN
2 BR | Oct. 12, 2026
Contact
Dog Friendly
Cat Friendly
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
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
22
$749
574 N 4th St
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
5
$570 - 700
Stonegate Apartment
4500 Stone Gate Dr Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Balcony/Deck/Patio
5
$739
Eton Square Apartments
3315 Ridgeway Rd Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Dishwasher
5
$823
Fielder Square
70 S 4th St Memphis, TN
Studio | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Luxury
Section 8
5
$830
Madison Place Apartments
1772-1776 Madison Memphis, TN
1 BR | Available Now
Contact
Air Conditioning
Dishwasher
5
$1 - 900
Greenbriar Apartments
3131 Madewell Memphis, TN
1 - 3 BR | Ask for Availability
Contact
Air Conditioning
Surface Parking
5
$615 - 749
Country Oaks
6555 Country Oaks Circle Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Pool
19
$691 - 797
Foote Park At South City
410 S Danny Thomas Blvd Memphis, TN
2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
5
$620 - 753
The Summit Apartments
4981 Hidden Lake Drive Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Balcony/Deck/Patio
Fitness Center
1
$795
Campbell 2562
2562 Quail Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
0
$650
3755 Fairmont Ave
Memphis, TN
1 BR | Ask for Availability
2
$696
3155 Sharpe Ave
Memphis, TN
1 BR | Ask for Availability
Contact
1
$735
1344-1346 Hyde Pk Blvd
Memphis, TN
2 BR | Available Now
Contact
3
$750
1742 Lawrence Ave
Memphis, TN
1 BR | Nov. 20, 2026
Contact
Dog Friendly
Cat Friendly
1
$745
Renovated House In Quite Neighborhood
1659 S Cooper St Memphis, TN
2 BR | Available Now
Contact
House
2
$588
3395 Steele Rd
Memphis, TN
3 BR | Ask for Availability
Contact
0
$795
Cozy Duplex Living With Fenced Backyard & Charming Front Porch
1357 Chadwick Cir Memphis, TN
2 BR | Ask for Availability
Contact
House
Air Conditioning
1
$695
525 N Waldran Blvd Unit 4
Memphis, TN
1 BR | Available Now
Contact
0
$625
1861 Corning
1861 Corning Ave Memphis, TN
2 BR | Oct. 16, 2026
Contact
91 - 120 of 245 Results
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Frequently Asked Questions

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

There are 245 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 34 one-bedroom cheap apartments available for rent in Memphis.

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

Rentable.co has 31 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: October Rental Information

Welcome to the October 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 October 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 October M/M % Change
Memphis, TN 20 +1.0%
Robinsonville, MS 2 +1.0%
Cordova, TN 2 +0.63%
Horn Lake, MS 1 +1.1%
Southaven, MS 1 +1.0%

Looking for Cheap Apartments in Memphis?

Available cheap apartments 89
Top amenities Air Conditioning, Refrigerator, Cable Ready, High Speed Internet, Secured Entry
Pet friendly 59
Utilities included 13
Furnished 38
1 Bedroom 27
2 Bedroom 27
3 Bedroom 10
Square footage 513 - 1,605
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