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Apartments for Rent in Memphis, TN under $800 – 264 Rentals available

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Memphis, TN Demographics

  • Total Population654,723
  • Female 311,133
    Male 343,590
  • Median Age33.7

Average Rent in Memphis, TN

  • Memphis, TN Average Rental Price, May 2019$812/mo

Memphis, TN Apartment Rent Ranges

  • < $50010%
  • $501-$70036%
  • $701-$1,00033%
  • $1,001-$1,50018%
  • $1,501-$2,0003%
  • > $2,0001%

Memphis, TN Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 May / 2019
Memphis, TN $733 $743 $752 $753 $767 $767 $765 $769 $812
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396
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Average rent is projected to grow by 2% in 2018 compared to 2017.

Please note that projected rent growth is calculated at city level.

Average rent values on this page are aggregated from data from the following zip codes: 3801638018381033810438105381063810738108381093811138112381143811538116381173811838119381203812238125381263812738128381313813238133381343814138152

Check out the average rent prices in Memphis by neighborhood.

Memphis, TN Households

  • Total Number of Households250,259
  • Family 144,263
    Non-family 105,996
  • Children 75,502
    No Children 174,757
  • Average People Per Household2.55
  • Median Household Income$38,230
  • Median Housing Costs Per Month$881

Memphis, TN Education Statistics

  • No High School5%
  • Some High School41%
  • Some College25%
  • Associate Degree5%
  • Bachelor Degree15%
  • Graduate Degree9%

Renting apartments in Memphis, TN under $800

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 99 apartments for rent in Memphis, TN from 29 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 $800, 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 $800 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 $455 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.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!