Save Search
Skip the filters. Search with Ren, your AI assistant. Skip filters with AI.

Apartments for Rent in Tennessee under $500

Apartments for Rent in Tennessee under $500. 8 Rentals Available
8 Rentals Available
Quick filters
  • 1 bd $300
    2 bd $450+
    Base rent
    Verified Listing

    4.5 (1)
    262 Chelsea Ave., Memphis, TN 38107
  • Studio $500+
    Base rent
    Verified Listing

    1908 West End Ave., Nashville, TN 37203
    Pet friendly
  • Ask for Pricing
    Income restricted
    Verified Listing

    4.0 (16)
    5459 Hudgins Road, Memphis, TN 38116
    In unit laundry • Dishwasher • Patio/Balcony
  • Ask for Pricing
    Income restricted
    Verified Listing

    3.5 (7)
    2801 Raja Drive, Memphis, TN 38127-7919
    In unit laundry • Air conditioner • Wheelchair Access
4-0-state
Explore popular searches
By lifestyle & amenities

Frequently asked questions

What are the best apartments in Tennessee?
What type of rental buildings are in Tennessee?

In Tennessee 33% of the housing is rented out compared to 67% of homes are owned, according to the most recent Census Bureau estimates. 10% of Tennessee's apartments are found in large buildings of 50 units or more, 48% are located in smaller apartment complexes with less than 50 units, and 35% are single-family rentals.

Renting apartments in Tennessee under $500

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 8 apartments for rent in Tennessee from 4 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 $500, and make the most out of your budget.

Finding the best rental near you

Tennessee is an amazing place to call home, with several rentals under $500 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 Tennessee, 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.