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Cheap Apartments in Memphis, TN

121 - 150 of 258 Results
1
$695
195 Hawthorne
Memphis, TN
1 BR | Jul. 10, 2026
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Dog Friendly
Cat Friendly
1
$695
Renovated 2 Bdrm 1 Bath | Duplex | Open To Section 8 | $99 Move In Special
1919 Farrington St Memphis, TN
2 BR | Available Now
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House
1
$850
Very Nice Newly Renovated Home In Glenview
1388 Kyle St Memphis, TN
3 BR | Available Now
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House
1
$870
First Month Free; Adorable Duplex In Crosstown Area!
1511 Jackson Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
Fireplace
1
$725 - 769
Camelot Manor
3167 Ashwood St Memphis, TN
1 - 2 BR | Available Now
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0
$679 - 749
Scenic Hills
3108 New Allen Rd Memphis, TN
1 - 2 BR | Available Now
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1
$850
Single-family Rental
3329 Madewell Dr Memphis, TN
2 BR | Available Now
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House
0
$865
First Month Rent Free!! Welcome To 2655 Whitman!
2655 Whitman Ave Memphis, TN
2 BR | Available Now
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1
$695
Charming 2 Bedroom 1 Bath Duplex - Open To Section 8
1463 Boxwood St Memphis, TN
2 BR | Available Now
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House
1
$825
744 Lester St
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
2
$850
49 S. Morrison
Memphis, TN
2 BR | Available Now
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1
$740
Welcome To 2917 Yale Ave! Move In Special Half Off First Months Rent!!!!
2917 Yale Ave Memphis, TN
1 BR | Available Now
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House
1
$725
Charming Midtown 2 Bedroom - 1 Bath | Freshly Updated | Open To Section 8
1531 Standridge St Memphis, TN
2 BR | Available Now
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House
1
$775
635 Patterson #2
Memphis, TN
1 BR | Jul. 2, 2026
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House
1
$695
511 513 Boston St
Memphis, TN
1 BR | Available Now
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0
$725
Spacious 2 Bed / 1.5 Bath Apartment At Raleigh Pines
2789 Beverly Hills Rd Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
1
$725
151 N Belvedere Blvd
Memphis, TN
2 BR | Available Now
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Dishwasher
3
$782
1360 E. Alcy
Memphis, TN
1 BR | Ask for Availability
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3
$737
1425 Taylor St
Memphis, TN
2 BR | Ask for Availability
Contact
1
$850
1304 1306 Snowden Ave
Memphis, TN
2 BR | Jul. 6, 2026
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Dog Friendly
Cat Friendly
0
$755
Grainge Hill
2281 Ketchum Rd Memphis, TN
2 BR | Available Now
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0
$815
Welcome To 977 Pope Street!
977 Pope St Memphis, TN
2 BR | Available Now
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1
$625
Very Cute Duplex In N. Memphis - $99 Move In Special
847 Ayers St Memphis, TN
1 BR | Available Now
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House
30
$850
Cozy 1-bedroom Apartment With Appliances!!
3523 Barwood Cir Memphis, TN
1 BR | Jul. 17, 2026
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Dog Friendly
Cat Friendly
Dishwasher
High Point Terrace
8
$750 - 850
220 S Cleveland St
Memphis, TN
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
0
$699 - 759
Coronado Manor
2429 Ketchum Rd Memphis, TN
1 - 2 BR | Available Now
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1
$595
Come See This Newly Renovated Duplex In Hyde Park Area
1445 Britton St Memphis, TN
1 BR | Available Now
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House
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
$695
3044 Sinclair St
Memphis, TN
2 BR | Ask for Availability
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0
$760 - 857
Jamesbridge
3815 N Advantage Way Dr Memphis, TN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
121 - 150 of 258 Results
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Frequently Asked Questions

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

There are 258 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.

Which neighborhoods have the most cheap apartments for rent in Memphis, TN?

  1. Orange Mound

Cheap Apartments in Memphis, TN: July Rental Information

Welcome to the July 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 <$700 $740 $820 $900 $980 $1,060 $1,140 $1,220 $1,300 $1,380 $1,460 $1,540 >$1,620

Available Cheap Apartments: Memphis vs. Surrounding Areas

Memphis, TN
19
In the chart above, you'll find the current number of available cheap apartments in Memphis, TN and the surrounding cities. As of July 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 July M/M % Change
Memphis, TN 20 +0.99%
Robinsonville, MS 2 +1.0%
Horn Lake, MS 1 +0.83%
Southaven, MS 1 +1.0%

Looking for Cheap Apartments in Memphis?

Available cheap apartments 216
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 17
Square footage 542 - 1,696
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