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Cheap Apartments in Memphis, TN

121 - 150 of 241 Results
0
$650
3755 Fairmont Ave
Memphis, TN
1 BR | Ask for Availability
1
$665 - 775
1415 Breedlove St
Memphis, TN
1 - 2 BR | Ask for Availability
Contact
Air Conditioning
New Chicago
1
$450
Wynn 734
734 Lane Ave Memphis, TN
1 BR | Sep. 18, 2026
Contact
1
$695
525 N Waldran Blvd Unit 4
Memphis, TN
1 BR | Available Now
Contact
3
$782
1360 E. Alcy
Memphis, TN
1 BR | Ask for Availability
Contact
3
$737
1425 Taylor St
Memphis, TN
2 BR | Ask for Availability
Contact
0
$825 - 840
Stonebrook Apartments
6371 Winchester Rd Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$645
1591 Locust
Memphis, TN
1 BR | Available Now
Contact
1
$735
1344-1346 Hyde Pk Blvd
Memphis, TN
2 BR | Available Now
Contact
1
$588
3395 Steele Rd
Memphis, TN
3 BR | Ask for Availability
Contact
1
$849
1306 Carr
1306 Carr Ave Memphis, TN
1 BR | Available Now
Contact
1
$795
Crockett Place
888 Crockett Pl Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$690
820 Maury St
Memphis, TN
1 BR | Available Now
Contact
Voillintine-Evergreen
1
$745
Renovated House In Quite Neighborhood
1659 S Cooper St Memphis, TN
2 BR | Available Now
Contact
House
0
$715 - 765
Eden Pointe
4427 Knight Arnold Rd Memphis, TN
1 - 2 BR | Available Now
Contact
1
$775
Campbell 952
952 Emmie St Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
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
Contact
1
$725 - 850
Campbell 322
322 Hodges St Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$550
Scott Street Apartments
304 Scott St Memphis, TN
1 BR | Available Now
Contact
1
$740
Welcome To 2917 Yale Ave! Move In Special Half Off First Months Rent!!!!
2917 Yale Ave Memphis, TN
1 BR | Available Now
Contact
House
1
$599
Te - Spottswoodave3885
3885 Spottswood Ave Memphis, TN
1 BR | Available Now
Contact
1
$720
151 N Belvedere Blvd
Memphis, TN
2 BR | Available Now
Contact
Dishwasher
1
$795
Newly Renovated Unit In Heart Of Memphis
291 Red Oak St Memphis, TN
2 BR | Available Now
Contact
House
1
$695
888 Kerr Ave
Memphis, TN
2 BR | Available Now
Contact
1
$840
Welcome To 1778 Marjorie Street!
1778 Marjorie St Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
0
$790
Welcome To 2970 Hale Ave! Move-in Special
2970 Hale Ave Memphis, TN
2 BR | Available Now
Contact
1
$725
2225 Riley Ave
2225 Riley Aly Memphis, TN
3 BR | Available Now
Contact
Cat Friendly
House
0
$850
Section 8 Approved 2/1.5
5193 Flowering Peach Dr Memphis, TN
2 BR | Ask for Availability
Contact
House
2
$800
3605 Mynders Ave
Memphis, TN
1 BR | Ask for Availability
Contact
121 - 150 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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