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Cheap Apartments in Memphis, TN

121 - 150 of 245 Results
1
$550
Scott Street Apartments
304 Scott St Memphis, TN
1 BR | Available Now
Contact
0
$865
First Month Rent Free!! Welcome To 2655 Whitman!
2655 Whitman Ave Memphis, TN
2 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
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
$775
2 Bed, 1 Bath Ground Floor Condo
105 N Belvedere Blvd Apt 9 Memphis, TN
2 BR | Ask for Availability
Contact
House
2
$588
3395 Steele Rd
Memphis, TN
3 BR | Ask for Availability
Contact
1
$795
2092 Linden
2092 Linden Ave Memphis, TN
1 BR | Available Now
Contact
0
$839
Welcome To 2659 Whitman Ave In Memphis, Tn!
2659 Whitman Ave Memphis, TN
2 BR | Available Now
Contact
1
$800
East Memphis Duplex For Rent
166 Eastview Dr Memphis, TN
2 BR | Available Now
Contact
House
0
$699 - 759
Coronado Manor
2429 Ketchum Rd Memphis, TN
1 - 2 BR | Available Now
Contact
1
$865
Welcome To 4496 Range Line Road! Half Off First Month Rent!!
4496 Range Line Rd Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$625
1861 Corning
1861 Corning Ave Memphis, TN
2 BR | Oct. 16, 2026
Contact
0
$715 - 765
Eden Pointe
4427 Knight Arnold Rd Memphis, TN
1 - 2 BR | Available Now
Contact
1
$695
Campbell 952
952 Emmie St Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$700
609-611 Mallory
Memphis, TN
2 BR | Available Now
Contact
McKeller
1
$575
Tiger - 3516
3516 Carnes Ave Memphis, TN
1 BR | Available Now
Contact
0
$790
First Full Month Free! Welcome To 2972 Hale Ave!
2972 Hale Ave Memphis, TN
2 BR | Available Now
Contact
1
$795
3173-3175 Jackson Ave
Memphis, TN
2 BR | Ask for Availability
Contact
1
$665 - 775
1415 Breedlove St
Memphis, TN
1 - 2 BR | Ask for Availability
Contact
Air Conditioning
New Chicago
2
$557
3384 Harmony Ct
Memphis, TN
3 BR | Ask for Availability
Contact
1
$849
1306 Carr
1306 Carr Ave Memphis, TN
1 BR | Available Now
Contact
1
$750
515 Carpenter
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$795
Crockett Place
888 Crockett Pl Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
0
$865
Ruby Oaks Apartments
2464 Ruby Oaks Dr Memphis, TN
2 BR | Available Now
Contact
Dishwasher
1
$690
820 Maury St
Memphis, TN
1 BR | Available Now
Contact
Voillintine-Evergreen
1
$695
525 N Waldran Blvd Unit 4
Memphis, TN
1 BR | Available Now
Contact
1
$845
1776 Brown Ave
Memphis, TN
2 BR | Ask for Availability
Voillintine-Evergreen
0
$850
Section 8 Approved 2/1.5
5193 Flowering Peach Dr Memphis, TN
2 BR | Ask for Availability
Contact
House
1
$599
Te - Spottswoodave3885
3885 Spottswood Ave Memphis, TN
1 BR | Available Now
Contact
121 - 150 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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