Apartments for Rent in Memphis, TN under $700 – 63 Rentals available
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$550 - $960
- 1 Bed
- 1 Bath
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$535 - $575
- 1-2 Beds
- 1-1.5 Baths
Odin ManagementAvailable Today! Last updated 27 Feb 2021 -
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$700
- 2 Beds
- 1 Bath
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$625
- 1-2 Beds
- 1-2 Baths
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$502 - $779
- 1-3 Beds
- 1-2 Baths
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$550
- 2 Beds
- 1 Bath
Boomerang ManagementLast updated 27 Feb 2021 -
$499 - $629
- 1-2 Beds
- 1-2 Baths
Crane Properties, LLCLast updated 26 Feb 2021 -
$625
- 2 Beds
- 1 Bath
Boomerang ManagementLast updated 27 Feb 2021 -
$700
- 1 Bed
- 1 Bath
Boomerang ManagementLast updated 27 Feb 2021 -
$550
- 2 Beds
- 1 Bath
Boomerang ManagementLast updated 27 Feb 2021 -
- 1-2 Beds
- 1 Bath
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- 1-2 Beds
- 1 Bath
Popular Searches
- Apartments in Memphis
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- Memphis Apartments under $500
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Nearby Cities
- Apartments in Arlington
- Apartments in Atoka
- Apartments in Collierville
- Apartments in Horn Lake
- Apartments in Marion
- Apartments in Olive Branch
- Apartments in Southaven
- Apartments in West Memphis
Popular Neighborhoods
Memphis, TN Demographics
- Total Population651,932
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Female 308,460Male 343,472
- Median Age34
Average Rent in Memphis, TN
- Memphis, TN Average Rental Price, October 2020 $856 /mo
Memphis, TN Apartment Rent Ranges
- < $5004%
- $501-$70037%
- $701-$1,00034%
- $1,001-$1,50021%
- $1,501-$2,0003%
- > $2,0001%
Memphis, TN Rent Trends
Average Rent | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Oct / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Oct / 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|
Memphis, TN | $743 | $747 | $772 | $785 | $787 | $806 | $809 | $815 | $825 | $845 | $856 |
National | $1,378 | $1,381 | $1,418 | $1,428 | $1,432 | $1,468 | $1,475 | $1,477 | $1,464 | $1,462 |
Memphis, TN Households
- Total Number of Households251,732
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Family 142,433Non-family 109,299
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Children 73,285No Children 178,447
- Average People Per Household2.53
- Median Household Income$41,228
- Median Housing Costs Per Month$909
Memphis, TN Education Statistics
- No High School5%
- Some High School41%
- Some College25%
- Associate Degree5%
- Bachelor Degree15%
- Graduate Degree9%
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. RENTCafé offers you 63 apartments for rent in Memphis, TN from 20 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 $445 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 RENTCafé.