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Apartments for Rent in Memphis, TN under $700

Apartments for Rent in Memphis, TN under $700. 95 Rentals Available
95 Rentals Available

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  • Rent specials 5 units available
    1 bd $699+
    Base rent
    4.0 (31)
    3048 Moriah Trail, Memphis, TN 38115
    Apply online • Pet friendly • Parking
  • Rent specials 4 units available
    1 bd $689+
    Base rent
    Verified Listing

    4.0 (370)
    3471 W Briarpark Dr, Memphis, TN 38116
    Apply online • Pet friendly • In unit laundry
  • Rent specials 5 units available
    1 bd $657+
    Base rent
    Verified Listing

    3.5 (222)
    4537 Mill Stream Dr, Memphis, TN 38116
    Apply online • Pet friendly • Pool
  • Rent specials 8 units available
    1 bd $564+
    2 bd $688+
    Base rent
    Verified Listing

    2743 Ketchum Road, Memphis, TN 38114
    Apply online • Pet friendly • In unit laundry
  • Rent specials
    2 bd $616+
    Base rent
    Verified Listing

    3.5 (144)
    1953 Philsar Street, Memphis, TN 38106
    Apply online • Pet friendly • In unit laundry
  • Rent specials
    2 bd $564+
    Base rent
    Verified Listing

    3.5 (60)
    1726 S. Orleans Street, Memphis, TN 38106
    Apply online • Pet friendly • In unit laundry
  • Rent specials
    2 bd $664+
    Base rent
    Verified Listing

    4.0 (72)
    1175 Barron Court, Memphis, TN 38114
    Apply online • Pet friendly • In unit laundry
  • 6 units available
    1 bd $550+
    Base rent
    4.0 (25)
    3505 S. Mendenhall Rd, Memphis, TN 38115
    Apply online • Pet friendly
  • 32 units available
    2 bd $691+
    3 bd $691
    Base rent
    3384 Harmony Court, Memphis, TN 38122
    Dishwasher
  • 8 units available
    1 bd $300
    2 bd $450+
    3 bd $605+
    Base rent
    Verified Listing

    4.5 (1)
    262 Chelsea Ave., Memphis, TN 38107
  • 2 bd $650
    Base rent Income restricted
    Verified Listing

    3541 Eastline Drive, Apt #1, Memphis, TN 38128
    Apply online • Air conditioner
  • Studio $700
    Base rent
    Verified Listing

    4215 Coventry Drive, Memphis, TN 38127
  • Ask for Pricing
    Income restricted
    4.0 (16)
    5459 Hudgins Road, Memphis, TN 38116
    In unit laundry • Dishwasher • Patio/Balcony
  • Ask for Pricing
    Income restricted
    4.5 (7)
    3707 Pershing Park Drive, Memphis, TN 38127
    In unit laundry • Dishwasher • Air conditioner
  • Ask for pricing
    Income restricted
    Verified Listing

    3.5 (7)
    2801 Raja Drive, Memphis, TN 38127-7919
    In unit laundry • Air conditioner • Wheelchair Access
  • Ask for Pricing
    Income restricted
    3.5 (15)
    2848 Green Terrace Drive #1, Memphis, TN 38127-8118
    In unit laundry • Air conditioner
  • 2 bd $700
    Base rent
    Verified Listing

    1710 Orr Street, Memphis, TN 38108
17-0-city

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Frequently asked questions

When were prices and availability in Memphis, TN last updated?

Prices and availability in Memphis, TN were last updated on 26 Jun 2026.

What are the best apartments in Memphis, TN?
What type of rental buildings are in Memphis, TN?

In Memphis 55% of the housing is rented out compared to 45% of homes are owned, according to the most recent Census Bureau estimates. 10% of Memphis's apartments are found in large buildings of 50 units or more, 50% are located in smaller apartment complexes with less than 50 units, and 39% are single-family rentals.

Renting apartments in Memphis, TN under $700

Are you looking for a smart space where you can easily combine comfort with convenience? You will surely find the property that perfectly fits your needs with this variety of options. RentCafe offers you 95 apartments for rent in Memphis, TN from 17 modern buildings, so you’ll certainly find something suitable for you. If you want to live alone or with your partner, you might want to look for a studio or browse through our selection of 1 bedroom apartments. If you need more space but you don’t want to spend more than necessary on a monthly rent, check out our 2 bedroom or 3 bedroom apartments for less than $700, and make the most out of your budget.

Finding the best rental near you

Memphis, TN is an amazing place to call home, with several rentals under $700 for you to choose from. There are many options and filters you can apply to your search to make the process easier and to find your next apartment faster and more efficiently. Asking yourself ‘are there any cheap apartments near me’? With our helpful filters, you can easily find the home of your dreams that also fits within your budget. With rent prices as low as $300 in Memphis, TN, you can find affordable and appealing apartments that match your requirements. Sort your search by ‘Rent’ ascending to see the cheapest ones at the top of the list. As soon as you find your perfect apartment, make sure to contact the property to check for availability or apply online directly on RentCafe.