Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Memphis area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Cheap Apartments in Memphis, TN

151 - 180 of 293 Results
0
$825
Welcome To 2970 Hale Ave!
2970 Hale Ave Memphis, TN
2 BR | Available Now
Contact
1
$845
2225 Riley Ave
2225 Riley Aly Memphis, TN
3 BR | Available Now
Contact
Cat Friendly
House
1
$695
888 Kerr Ave
Memphis, TN
2 BR | Available Now
Contact
2
$895
Classic 2-bed, 2-bath Brick Home W/ Stylish Kitchen & Private Backyard
3435 Dungreen St Memphis, TN
2 BR | Ask for Availability
Contact
House
2
$795
Charming 2-bedroom Home With Fenced Yard & Covered Parking
2681 Dunn Ave Memphis, TN
2 BR | Ask for Availability
Contact
House
1
$665 - 775
1415 Breedlove St
Memphis, TN
1 - 2 BR | Ask for Availability
Contact
Air Conditioning
New Chicago
0
$750
Charming 2-bedroom Brick Townhome In Historic Memphis Neighborhood
1364 Chadwick Cir Memphis, TN
2 BR | Ask for Availability
Contact
House
Air Conditioning
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
Contact
House
0
$750
3755 Fairmont Ave
Memphis, TN
1 BR | Ask for Availability
1
$725
Charming 2 Bedroom 1 Bathroom Apartment
1025 S Wellington St Unit 3 Memphis, TN
2 BR | Available Now
Contact
House
1
$785
820 Maury St
Memphis, TN
1 BR | Available Now
Contact
Voillintine-Evergreen
1
$895
Fresh Home For Rent!!
3510 Rochester Rd Memphis, TN
3 BR | Ask for Availability
Contact
House
0
$835
Duplex Near Summer Ave.
3385 Vernon Ave Memphis, TN
2 BR | Available Now
Contact
2
$845
Coming Soon: Adorable 3-bed, 1-bath Home
1341 Railton Rd Memphis, TN
2 BR | Ask for Availability
Contact
House
1
$750
2 Bedroom And 1 Bath Home
4025 Reed Ave Memphis, TN
2 BR | Available Now
Contact
House
1
$625
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
$695
25 S. Barksdale
Memphis, TN
1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
1
$850
585 East Pkwy #14
Memphis, TN
2 BR | Available Now
Contact
House
Dishwasher
1
$825
1614 Oakwood Dr
Memphis, TN
3 BR | Available Now
Contact
House
1
$750
1613 Dena Dr
Memphis, TN
Studio | Available Now
Contact
Dog Friendly
House
1
$750
3181 Radford
Memphis, TN
2 BR | Available Now
Contact
House
1
$800
Renovated 2 Bdrm 1 Bath | Duplex | Open To Section 8 | $99 Move In Special
1919 Farrington St Memphis, TN
2 BR | Available Now
Contact
House
0
$675
677 679 Holmes St
Memphis, TN
2 BR | Ask for Availability
Contact
1
$820
3659 Kimball Ave
Memphis, TN
3 BR | Jan. 16, 2026
Contact
House
Dishwasher
1
$875
Spacious 3 Bedroom 1 Bath Home!
1599 Humber St Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$750
Come See This Charming 1 Bedroom 1 Bathroom Duplex Off Of S. Parkway
1452 Oaklawn St Memphis, TN
1 BR | Available Now
Contact
House
1
$725
1530 Monroe Ave
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$740
1493 Gaither St
Memphis, TN
2 BR | Available Now
Contact
1
$895
Charming 2 Bedroom Home - Open To Section 8
3805 S Mendenhall Rd Memphis, TN
2 BR | Available Now
Contact
House
2
$750 - 850
4651 Royal Ridge Dr
Memphis, TN
1 BR | Available Now
Contact
151 - 180 of 293 Results
  1. Home
  2. Memphis
  3. Cheap Apartments
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
Browse Memphis Apartments
Memphis Apartments by Neighborhood
Memphis Apartments by Bedrooms
Memphis Apartments by Affordability
Memphis Apartments with Amenities
Memphis Apartments by Type
Colleges Near Memphis
Memphis Apartments by Zip Code