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Cheap Apartments in Memphis, TN

121 - 150 of 295 Results
1
$850
1245 Elliston
Memphis, TN
2 BR | Apr. 17, 2026
Contact
House
1
$695
Newly Renovated House On A Quiet Street
701 Lyman Memphis, TN
2 BR | Available Now
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House
0
$835
Duplex Near Summer Ave.
3385 Vernon Ave Memphis, TN
2 BR | Available Now
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$725 - 900
Kings Reserve Memphis
Deal
1550 N Pkwy Memphis, TN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Surface Parking
Pool
1
$725
Charming Midtown 2 Bedroom - 1 Bath | Freshly Updated | Open To Section 8
1537 Standridge St Memphis, TN
2 BR | Available Now
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House
0
$865
Welcome To 110 N Greer St!
110 N Greer St Memphis, TN
2 BR | Mar. 13, 2026
Contact
1
$600
Under Repair! Move In Special $250 Off First Months Rent!!
635 Mcwhirter St Memphis, TN
2 BR | Available Now
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House
1
$825
1614 Oakwood Dr
Memphis, TN
3 BR | Available Now
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House
1
$775
25 S. Barksdale
Memphis, TN
1 BR | Mar. 20, 2026
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Dog Friendly
Cat Friendly
0
$890
Welcome To 977 Pope Street!
977 Pope St Memphis, TN
2 BR | Feb. 25, 2026
Contact
1
$550
Charming Brick Duplex In Midtown - Open To Section 8 - $99 Move In Special
2219 Clayton Ave Memphis, TN
1 BR | Available Now
Contact
House
1
$750
1613 Dena Dr
Memphis, TN
Studio | Available Now
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Dog Friendly
House
0
$825 - 900
Stonebrook Apartments
6371 Winchester Rd Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$900
3658 Faxon
Memphis, TN
3 BR | Available Now
Contact
House
0
$790
Welcome To 1425 Todds Creek Cove!
1425 Todds Creek Cv Memphis, TN
2 BR | Available Now
Contact
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
$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
1
$825
605 E Mclemore Ave
Memphis, TN
2 BR | Available Now
Contact
1
$695
Very Nice Duplex In Berclair
1007 National St Memphis, TN
2 BR | Available Now
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House
1
$850
Newly Remodeled 2 Bdrm, 1 Bath 
90 E Trigg Ave Memphis, TN
2 BR | Available Now
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House
0
$890
Half Off First Full Months Rent !! Welcome To 846 Biggs Street!
846 Biggs St Memphis, TN
2 BR | Available Now
Contact
1
$699 - 899
Redwood Estates Homes
4144 Thomas St Memphis, TN
1 - 3 BR | Available Now
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Dog Friendly
1
$895
Charming 2 Bed / 1 Bath Home – Central Hvac – Memphis, Tn
3499 Weaver Rd Memphis, TN
2 BR | Available Now
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House
1
$875
Move In Ready 4 Bedroom, 1 Bath | Open To Section 8
186 W Davant Ave Memphis, TN
4 BR | Available Now
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House
1
$850
2 Bedroom 1 Bath House!!
2906 Mimosa Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$840
3034-3036 Sinclair St
Memphis, TN
2 BR | Available Now
Contact
0
$825
Welcome To 2970 Hale Ave! Move-in Special
2970 Hale Ave Memphis, TN
2 BR | Available Now
Contact
1
$695
888 Kerr Ave
Memphis, TN
2 BR | Available Now
Contact
1
$795
2225 Riley Ave
2225 Riley Aly Memphis, TN
3 BR | Available Now
Contact
Cat Friendly
House
1
$875
Charming 3 Bedroom 1 Bath | Open To Section 8 - $99 Move In Special
1436 Maplewood St Memphis, TN
3 BR | Available Now
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House
121 - 150 of 295 Results
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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
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