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Cheap Apartments in Memphis, TN

181 - 210 of 293 Results
46
$760 - 1,394
Greenbrook at Shelby Farms
4.6
1400 Greenbrook Parkway Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
2
$895
49 S. Morrison
Memphis, TN
2 BR | Available Now
Contact
1
$850
1323 W Victor Dr
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$850
1307 Vinton Ave
Memphis, TN
2 BR | Available Now
Contact
1
$790
Welcome To 2917 Yale Ave!
2917 Yale Ave Memphis, TN
1 BR | Available Now
Contact
House
1
$525
Scott Street Apartments
304 Scott St Memphis, TN
1 BR | Available Now
Contact
Dishwasher
0
$865
Welcome To 108 N Greer St!
108 N Greer St Memphis, TN
2 BR | Available Now
Contact
Dishwasher
0
$865
First Month Rent Free!! Welcome To 2655 Whitman!
2655 Whitman Ave Memphis, TN
2 BR | Available Now
Contact
5
$625
Pinebrook Pointe Apartment Homes
3541 Mediterranean Dr Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
In Unit Laundry
10
$520 - 800
The Reserve At Mt. Moriah
1.3
2778 Pickering Drive Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Balcony/Deck/Patio
Dishwasher
10
$795
The Historic Almadura
Deal
2.5
175 Stonewall St. Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Disability Access
Dishwasher
5
$500 - 850
Lakes At Ridgeway
1.9
5995 Waterstone Oak Way Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
In Unit Laundry
$900
386 E Fernwood Ave
Memphis, TN
2 BR | Available Now
Contact
House
5
$615 - 749
Country Oaks
6555 Country Oaks Circle Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Pool
6
$800
3587 Bayliss Ave,
Memphis, TN
2 BR | Available Now
Contact
Heat Included
Furnished
Dog Friendly
Cat Friendly
House
13
$559 - 739
PER ROOM
& UNIT
The Stratum On Highland
Deal
2.9
510 S Highland St Memphis, TN
2 - 4 BR | Available Now
Contact
Heat Included
Furnished
Student
Covered Parking
In Unit Laundry
5
$739
Eton Square Apartments
3315 Ridgeway Rd Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Dishwasher
13
3D Tour
$885
South Line
4.5
676 S Front St Memphis, TN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
In Unit Laundry
15
$900 - 1,000
Faronia Square
1350 S Faronia Sq Memphis, TN
2 BR | Available Now
Contact
Air Conditioning
Dishwasher
4
$500 - 650
Cherry Crest Apartments
1460 Cherry Rd. Memphis, TN
1 - 3 BR | Available Now
Contact
Student
Dishwasher
5
$1 - 900
Greenbriar Apartments
3131 Madewell Memphis, TN
1 - 3 BR | Ask for Availability
Contact
Air Conditioning
Surface Parking
9
$900
3215 Gina Drive
Memphis, TN
3 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
11
$715 - 900
Uptown Square
252 North Lauderdale Street Memphis, TN
Studio - 1 BR | Available Now
Contact
Section 8
In Unit Laundry
Fitness Center
Dishwasher
7
$750
Woodtrail Apartments
3602 Spottswood Memphis, TN
2 BR | Available Now
Contact
In Unit Laundry
Balcony/Deck/Patio
Dishwasher
5
$570 - 700
Stonegate Apartment
4500 Stone Gate Dr Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Balcony/Deck/Patio
16
$488 - 785
Sycamore Lake
1.9
2174 Westchester Rd. Memphis, TN
1 - 2 BR | Available Now
Contact
Luxury
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
Storage
15
$525 - 850
The Gilmore
3.9
6 South Mclean Blvd Memphis, TN
Studio - 1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Balcony/Deck/Patio
$740 - 850
Jamesbridge
3815 N Advantage Way Dr Memphis, TN
1 - 2 BR | Available Now
Contact
5
$620 - 878
The Summit Apartments
4981 Hidden Lake Drive Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Balcony/Deck/Patio
Fitness Center
17
$630 - 1,025
Hickory Farm
3.5
3822 Hickory Farm Drive Memphis, TN
1 - 2 BR | Available Now
Contact
Air Conditioning
Disability Access
Dishwasher
Pool
181 - 210 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 $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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