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Cheap Apartments in Memphis, TN

121 - 150 of 293 Results
0
$890
First Month Rent Free!! Welcome To 2655 Whitman!
2655 Whitman Ave Memphis, TN
2 BR | Available Now
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$750
Stonegate Apartments
4500 Stonegate Dr Memphis, TN
1 BR | Available Now
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Disability Access
1
$875
Fully Renovated 2 Bedroom 1 Bath Duplex | Open To Section 8 - $99 Move In Special
3021 Carnes Ave Memphis, TN
2 BR | Available Now
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House
1
$695
Te - Spottswoodave3885
3885 Spottswood Ave Memphis, TN
1 BR | Available Now
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1
$825 - 850
151 N Belvedere Blvd
Memphis, TN
2 BR | Available Now
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Dishwasher
0
$895
972-336 Peabody/S Dudley
Memphis, TN
2 BR | Available Now
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1
$800
2188 Piedmont Ave Unit 0
Memphis, TN
2 BR | Available Now
Contact
0
$675
677 679 Holmes St
Memphis, TN
2 BR | Ask for Availability
Contact
1
$800
Renovated 2 Bedroom 1 Bath Duplex - Open To Section 8 - $99 Move In Special
1917 Farrington St Memphis, TN
2 BR | Available Now
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House
1
$725
Charming 2 Bedroom 1 Bathroom Apartment
1025 S Wellington St Unit 3 Memphis, TN
2 BR | Available Now
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House
1
$785
820 Maury St
Memphis, TN
1 BR | Available Now
Contact
Voillintine-Evergreen
0
$750
Charming 2-bedroom Brick Townhome In Historic Memphis Neighborhood
1364 Chadwick Cir Memphis, TN
2 BR | Ask for Availability
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House
Air Conditioning
0
$750
3755 Fairmont Ave
Memphis, TN
1 BR | Ask for Availability
0
$890
Welcome To 846 Biggs Street!
846 Biggs St Memphis, TN
2 BR | Jan. 16, 2026
Contact
1
$795
Fully Renovated 1 Bedroom 1 Bath Apartments In Vibrant Midtown |1st Month's Rent Free
1058 Poplar Ave #3 Memphis, TN
1 BR | Available Now
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House
1
$699 - 899
Redwood Estates Homes
4144 Thomas St Memphis, TN
1 - 3 BR | Available Now
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Dog Friendly
1
$875
Move-in Special 1/2 Off 1st Month's Rent!!
593 Northaven Dr Memphis, TN
3 BR | Available Now
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House
1
$775
2 Bed, 1 Bath Ground Floor Condo
105 N Belvedere Blvd Apt 9 Memphis, TN
2 BR | Ask for Availability
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House
0
$895
1/2 Off 1st Month's Rent!!!
3518 Hendricks Ave Memphis, TN
2 BR | Ask for Availability
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House
1
$900
3658 Faxon
Memphis, TN
3 BR | Available Now
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House
1
$900
2092 Jefferson
2092 Jefferson Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
0
$835
Welcome To 1425 Todds Creek Cove!
1425 Todds Creek Cv Memphis, TN
2 BR | Available Now
Contact
1
$875
Fully Renovated 2 Bedroom 1 Bath Duplex -$99 Move In Special
3019 Carnes Ave Memphis, TN
2 BR | Available Now
Contact
House
1
$675
Newly Renovated 2 Bedroom 1 Bathroom - Open To Section 8
2187 Clayton Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
0
$825 - 900
Stonebrook Apartments
6371 Winchester Rd Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
0
$890
Welcome To 1740 Brown Ave, A Charming Duplex Located In The Vibrant City Of Memphis, Tn.
1740 Brown Ave Memphis, TN
2 BR | Available Now
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Voillintine-Evergreen
0
$835
Duplex Near Summer Ave.
3385 Vernon Ave Memphis, TN
2 BR | Available Now
Contact
1
$595
487 Williams Jk
487 Williams Ave Memphis, TN
2 BR | Available Now
Contact
0
$895
Move In By 12/30 To Get First Full Month Rent Free!! Welcome To 1078 N Evergreen St!
1078 N Evergreen St Memphis, TN
2 BR | Available Now
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Voillintine-Evergreen
0
$820
3659 Kimball Ave
Memphis, TN
3 BR | Jan. 16, 2026
Contact
House
Dishwasher
121 - 150 of 293 Results
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Frequently Asked Questions

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

There are 293 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 $190.

How many studio cheap apartments are available in Memphis?

Rentable.co has 14 studio cheap apartments available for rent in Memphis.

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

Rentable.co has 83 one-bedroom cheap apartments available for rent in Memphis.

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

Rentable.co has 97 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 $8,000.

Cheap Apartments in Memphis, TN: December Rental Information

Welcome to the December 2025 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 12 25 37 50 <$600 $640 $720 $800 $880 $960 $1,040 $1,120 $1,200 $1,280 $1,360 $1,440 $1,520 >$1,600
This month, the typical cost to rent a one-bedroom apartment in Memphis stands at $1,060, with the majority falling between $620 and $1,700. Out of the 3,619 one-bedroom apartments currently on the market in Memphis, 9 are priced below $400, accounting for 0% of the total available one-bedroom units in Memphis.

Available Cheap Apartments: Memphis vs. Surrounding Areas

Memphis, TN
23
In the chart above, you'll find the current number of available cheap apartments in Memphis, TN and the surrounding cities. As of December 2025, 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 December M/M % Change
Memphis, TN 24 +1.01%
Robinsonville, MS 2 +1.08%
Southaven, MS 1 +1.0%
Horn Lake, MS 1 +1.0%
Bartlett, TN 1 +0.5%

Looking for Cheap Apartments in Memphis?

Available cheap apartments 227
Top amenities Fitness Center, Air Conditioning, Refrigerator, Range / Oven, Pet Friendly Community
Pet friendly 81
Utilities included 13
Furnished 38
1 Bedroom 40
2 Bedroom 44
3 Bedroom 18
Square footage 542 - 1,606
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