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Cheap Apartments in Memphis, TN

241 - 270 of 293 Results
5
$25 - 992
Saints Courts Apartments
Deal
994 N Watkins St Memphis, TN
1 - 2 BR | Available Now
Contact
Income Restricted
8
$775
1214 Laudeen Dr
Memphis, TN
2 BR | Ask for Availability
Contact
5
$675
3367 Hardin Ave
Memphis, TN
2 BR | Ask for Availability
Contact
Air Conditioning
1
$895
2894 Mimosa
Memphis, TN
2 BR | Available Now
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House
4
$450
297 Fields
Memphis, TN
2 BR | Available Now
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House
6
$675
Apartments For Rent In Crosstown!
1177 Linden Ave Apt 1 Memphis, TN
1 BR | Ask for Availability
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4
$635 - 890
Hedgerow
4733 Heather Row Memphis, TN
1 BR | Available Now
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Income Restricted
Section 8
Pool
1
$500 - 610
El Dorado Apartments
1.4
2743 Ketchum Road Memphis, TN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
4
$495
1680 Kansas St
Memphis, TN
Studio - 1 BR | Ask for Availability
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4
$545
1686 Kansas St
Memphis, TN
1 BR | Ask for Availability
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11
$695
The Granville House
4.0
157 Stonewall St. Memphis, TN
1 BR | Available Now
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Balcony/Deck/Patio
1
$475
Melinda Apartments
4332 Melinda Memphis, TN
2 BR | Available Now
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Air Conditioning
4
$795
595 Cadraca Dr
Memphis, TN
2 BR | Ask for Availability
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Section 8
1
$695
Vsa - Bldg 10
2054 Jefferson St Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
2
$599
Emerald Pointe Apartment
3315 Hickory Hill Road Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Section 8
Balcony/Deck/Patio
Storage
11
$575
3582 Rockwood
Memphis, TN
2 BR | Available Now
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House
1
$565
Melrose Place Apartments
2.0
3000 Barron Avenue Memphis, TN
2 BR | Available Now
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Student
In Unit Laundry
17
$695
Newly Renovated 2-bedroom Apartment!
302 S Waldran Blvd Memphis, TN
2 BR | Ask for Availability
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7
$809
3060 Juca Ln
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Air Conditioning
$380 - 565
Charter Oak Apartments
5473 Vander Oak Drive Memphis, TN
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Income Restricted
Section 8
Air Conditioning
$500
911 Kney
Memphis, TN
2 BR | Available Now
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House
Storage
$490 - 650
Ashton Hills
4183 Troost Drive Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Covered Parking
$649 - 749
Cane Creek
1528 Ragan Street Memphis, TN
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Income Restricted
Section 8
Air Conditioning
1
$475
3803 Given
Memphis, TN
2 BR | Available Now
Contact
Air Conditioning
Balcony/Deck/Patio
1
$450
2414-2416 Shasta
Memphis, TN
1 BR | Ask for Availability
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1
$775
3948 Royal Oaks Dr
Memphis, TN
2 BR | Ask for Availability
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1
$525 - 600
Barron Court Apartments
2.4
1175 Barron Court Memphis, TN
2 BR | Available Now
In Unit Laundry
1
$775
Fantastic Whitehaven Apartment!
3949 Barton Dr Memphis, TN
2 BR | Ask for Availability
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1
$400
1493 Gaither St
Memphis, TN
1 BR | Ask for Availability
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1
$495
1386 Court Ave
Memphis, TN
1 BR | Ask for Availability
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241 - 270 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 $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
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