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Cheap Apartments for Rent in Raleigh, Memphis, TN

Cheap Apartments for Rent in Raleigh, Memphis, TN. 161 Rentals Available
161 Rentals Available

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Apartments Under $400

  • 8 units available
    1 bd $300
    2 bd $450+
    3 bd $605+
    Base rent
    Verified Listing

    262 Chelsea Ave., Memphis, TN 38107

Apartments Under $700

  • Rent specials
    2 bd $670+
    Base rent
    Verified Listing

    4.0 (72)
    1175 Barron Court, Memphis, TN 38114
    Apply online • Pet friendly
  • 31 units available
    2 bd $691+
    3 bd $691+
    Base rent
    3384 Harmony Court, Memphis, TN 38122
  • Only 1 unit left
    1 bd $695
    2 bd $845
    Base rent
    202 Windover Road, Memphis, TN 38111
    Apply online • Pet friendly
  • 1 bd $699
    Base rent
    1735 Delano Ave, Memphis, TN 38127
    Pet friendly

Apartments Under $800

  • New units available 8 units available
    Studio $725
    1 bd $725
    2 bd $850
    Base rent Income restricted
    Verified Listing

    3.0 (2)
    414 N Claybrook St #1, Memphis, TN 38104
    Apply online • Pet friendly
  • New units available 10 units available
    1 bd $750
    3 bd $950
    Base rent
    Verified Listing

    4500 Stonegate Drive, Memphis, TN 38128
    Apply online • Pet friendly
  • New units available 19 units available
    Studio $767+
    1 bd $827+
    2 bd $938+
    Base rent
    Verified Listing

    3.5 (14)
    3427 Southern Avenue, Memphis, TN 38111
    Apply online • Pet friendly • Dishwasher
  • 2 bd $799
    Base rent
    1735 Delano Ave, Memphis, TN 38127
    Pet friendly

Apartments Under $900

  • Only 1 unit left
    2 bd $800
    Base rent
    154 Windover Road, Memphis, TN 38111
    Apply online • Pet friendly
  • Only 2 units left
    2 bd $800+
    Base rent
    176 Windover Road, Memphis, TN 38111
    Apply online • Pet friendly
  • Only 1 unit left
    2 bd $800
    Base rent
    4.0 (4)
    184 Windover Road, Memphis, TN 38111
    Apply online • Pet friendly
  • Only 1 unit left
    2 bd $800
    Base rent
    Verified Listing

    5.0 (6)
    170 Windover Road, Memphis, TN 38111
    Apply online • Pet friendly
  • Only 1 unit left
    2 bd $800
    Base rent
    4.5 (2)
    172 Windover Road, Memphis, TN 38111
    Apply online • Pet friendly
  • More Rentals Near Raleigh, Memphis, TN

  • Rent specials New units available
    1 bd $804+
    2 bd $999+
    3 bd $1,193+
    Base rent
    Verified Listing

    4.5 (43)
    4981 Hidden Lake Drive, Memphis, TN 38128
    Apply online • Pet friendly • Fitness center
  • Only 1 unit left
    2 bd $820
    Base rent
    4.0 (1)
    208 Windover Road, Memphis, TN 38111
    Apply online • Pet friendly
  • 2 bd $825+
    Base rent
    Verified Listing

    5.0 (2)
    2880 Beverly Hill Street, Memphis, TN 38128
    Pet friendly
  • Rent specials 7 units available
    1 bd $825
    2 bd $900
    3 bd $1,100+
    Base rent
    Verified Listing

    5.0 (3)
    4787 Garden Grove Cove, Memphis, TN 38128
    Apply online • Pet friendly
  • Only 1 unit left
    2 bd $845
    Base rent
    156 Windover Road, Memphis, TN 38111
    Apply online • Pet friendly
  • Only 1 unit left
    2 bd $845
    Base rent
    160 Windover Road, Memphis, TN 38111
    Apply online • Pet friendly
  • Rent specials New units available
    1 bd $846+
    2 bd $925+
    3 bd $1,217+
    Base rent
    Verified Listing

    4.0 (95)
    2165 E. River Trace Dr., Memphis, TN 38134
    Apply online • Pet friendly • Fitness center
  • New units available 13 units available
    Studio $859+
    1 bd $874+
    Base rent Income restricted
    Verified Listing

    4.0 (2)
    1391 Court Avenue, Memphis, TN 38104
    Apply online • Pet friendly • In unit laundry
  • Only 2 units left
    3 bd $895
    Base rent
    162 Windover Road, Memphis, TN 38111
    Apply online • Pet friendly

Apartments Under $1,400

  • New units available 9 units available
    1 bd $1,300+
    2 bd $1,450+
    3 bd $1,700+
    Base rent
    4.5 (111)
    4200 Trenton Dr., Bartlett, TN 38135
    Apply online • Pet friendly • Pool
  • Ask for pricing
    Verified Listing

    4.5 (1)
    2880 Beverly Hill Street, Memphis, TN 38128
    Pet friendly
5-20-nhood



Frequently asked questions

What is the price of a cheap apartment in Raleigh, Memphis, TN?

The price range of a cheap apartment is between $750 and $2,078.

How many cheap rentals are available in Raleigh, Memphis, TN on RentCafe?

There are 36 cheap rentals available on RentCafe. Prices and availability in Raleigh, Memphis, TN were last updated on 18 May 2026.

What is the average size of a cheap apartment in Raleigh, Memphis, TN?

The average Raleigh, Memphis, TN cheap apartment size is 917 sq. ft.

What are the advantages of renting a cheap apartment in Raleigh, Memphis, TN?

Cheap apartments in Raleigh, Memphis, TN are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Raleigh, Memphis, TN?

A cheap apartment in Raleigh, Memphis, TN offers little storage space and fewer amenities compared to other apartments.