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Cheap Apartments in Memphis, TN

181 - 210 of 241 Results
14
$809
Fieldstone Apartments
3.2
3333 Hacks Cross Road Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Balcony/Deck/Patio
5
$620 - 753
The Summit Apartments
4981 Hidden Lake Drive Memphis, TN
1 - 2 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
15
$665 - 1,364
Madison Cypress Lakes
1.7
6860 Quince Road Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Fitness Center
Pool
9
$715
6621 Lake Valley Drive
Memphis, TN
3 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
House
Air Conditioning
7
$776 - 912
Centennial Gardens
4.1
7841 North Garden Manor Dr Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
Balcony/Deck/Patio
5
$439 - 799
Mill Creek Apartments
2.7
Millbranch Dr Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
Balcony/Deck/Patio
Pool
22
$ Ask - 1,629
Parcels At Concourse
1350 Concourse Avenue, Suite 750 Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
12
$840 - 1,420
Waterford Place Luxury Apartments
8037 Waterford Circle Memphis, TN
1 BR | Available Now
Contact
Section 8
Air Conditioning
Fitness Center
Storage
Pool
9
$650 - 1,284
Southwind Lakes
8210 Storr Dr Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Income Restricted
Section 8
11
$500
2105 Swift
Memphis, TN
2 BR | Available Now
Contact
House
Den
3
$699
Mimosa Gardens
461 S Highland St Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
Storage
4
$635 - 890
Hedgerow
4733 Heather Row Memphis, TN
1 BR | Available Now
Contact
Income Restricted
Section 8
Pool
1
$525 - 600
Barron Court Apartments
2.4
1175 Barron Court Memphis, TN
2 BR | Available Now
In Unit Laundry
11
$575
3582 Rockwood
Memphis, TN
2 BR | Available Now
Contact
House
1
$565
Melrose Place Apartments
2.0
3000 Barron Avenue Memphis, TN
2 BR | Available Now
Contact
Student
In Unit Laundry
17
$695
Newly Renovated 2-bedroom Apartment!
302 S Waldran Blvd Memphis, TN
2 BR | Ask for Availability
Contact
4
$495
1680 Kansas St
Memphis, TN
Studio - 1 BR | Ask for Availability
Contact
4
$450
297 Fields
Memphis, TN
2 BR | Available Now
Contact
House
6
$675
Apartments For Rent In Crosstown!
1177 Linden Ave Apt 1 Memphis, TN
1 BR | Ask for Availability
Contact
5
$675
3367 Hardin Ave
Memphis, TN
2 BR | Ask for Availability
Contact
Air Conditioning
8
$775
1214 Laudeen Dr
Memphis, TN
2 BR | Ask for Availability
Contact
0
$795
1536 Tutwiler Ave
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
7
$809
3060 Juca Ln
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Air Conditioning
22
$675
Newly Renovated 1-bedroom Downtown!
290 S Waldran Blvd Memphis, TN
2 BR | Ask for Availability
Contact
2
$599
Emerald Pointe Apartment
3315 Hickory Hill Road Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Balcony/Deck/Patio
Storage
1
$475
Melinda Apartments
4332 Melinda Memphis, TN
2 BR | Available Now
Contact
Air Conditioning
4
$795
595 Cadraca Dr
Memphis, TN
2 BR | Ask for Availability
Contact
Section 8
4
$545
1686 Kansas St
Memphis, TN
1 BR | Ask for Availability
Contact
$475 - 585
Longview Gardens
1.8
1726 S. Orleans Street Memphis, TN
2 BR | Available Now
181 - 210 of 241 Results
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Frequently Asked Questions

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

There are 241 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 65 one-bedroom cheap apartments available for rent in Memphis.

How many two-bedroom cheap apartments are available in Memphis?

Rentable.co has 80 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: August Rental Information

Welcome to the August 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
20
In the chart above, you'll find the current number of available cheap apartments in Memphis, TN and the surrounding cities. As of August 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 August M/M % Change
Memphis, TN 20 +0.97%
Robinsonville, MS 2 +1.0%
Horn Lake, MS 1 +1.0%
Southaven, MS 1 +1.0%

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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