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Cheap Apartments in Memphis, TN

151 - 180 of 258 Results
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
Contact
1
$850
585 N Avalon
Memphis, TN
1 BR | Available Now
Contact
1
$825
Charming 2 Bedroom, 1 Bathroom Duplex
3179 Jackson Ave Memphis, TN
2 BR | Available Now
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House
2
$588
3395 Steele Rd
Memphis, TN
3 BR | Ask for Availability
Contact
1
$600
500 Simpson Ave Unit 6
Memphis, TN
2 BR | Available Now
Contact
1
$625
Delightful 2 Bedroom 1 Bath Duplex - Open To Section 8 - $99 Move In Specail
1133 Gerard St Memphis, TN
2 BR | Available Now
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House
0
$800
2 Bedroom / 1.5 Bath Apartment At Raleigh Pines Apartments
2789 Beverly Hills Rd Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
0
$839
Welcome To 2659 Whitman Ave In Memphis, Tn!
2659 Whitman Ave Memphis, TN
2 BR | Available Now
Contact
0
$695
3044 Sinclair St
Memphis, TN
2 BR | Ask for Availability
Contact
1
$795
Crockett Place
888 Crockett Pl Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
0
$865
Ruby Oaks Apartments
2464 Ruby Oaks Dr Memphis, TN
2 BR | Available Now
Contact
Dishwasher
1
$695
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
1
$625
Charming 2 Bedroom 1 Bathroom Apartment
1025 S Wellington St Unit 3 Memphis, TN
2 BR | Available Now
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House
1
$775
820 Maury St
Memphis, TN
1 BR | Available Now
Contact
Voillintine-Evergreen
1
$845
1776 Brown Ave
Memphis, TN
2 BR | Ask for Availability
Voillintine-Evergreen
1
$725
Charming Midtown 2 Bedroom - 1 Bath | Freshly Updated | Open To Section 8
1531 Standridge St Memphis, TN
2 BR | Available Now
Contact
House
1
$775
635 Patterson #2
Memphis, TN
1 BR | Jul. 2, 2026
Contact
House
1
$695
511 513 Boston St
Memphis, TN
1 BR | Available Now
Contact
1
$725
151 N Belvedere Blvd
Memphis, TN
2 BR | Available Now
Contact
Dishwasher
1
$725 - 769
Camelot Manor
3167 Ashwood St Memphis, TN
1 - 2 BR | Available Now
Contact
0
$679 - 749
Scenic Hills
3108 New Allen Rd Memphis, TN
1 - 2 BR | Available Now
Contact
1
$850
Single-family Rental
3329 Madewell Dr Memphis, TN
2 BR | Available Now
Contact
House
0
$865
First Month Rent Free!! Welcome To 2655 Whitman!
2655 Whitman Ave Memphis, TN
2 BR | Available Now
Contact
1
$695
Charming 2 Bedroom 1 Bath Duplex - Open To Section 8
1463 Boxwood St Memphis, TN
2 BR | Available Now
Contact
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
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
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House
1
$500 - 610
El Dorado Apartments
1.4
2743 Ketchum Road Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
0
$699 - 759
Coronado Manor
2429 Ketchum Rd Memphis, TN
1 - 2 BR | Available Now
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151 - 180 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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