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Cheap Apartments for Rent in Memphis, TN - 137 Rentals available

Apartments Under $500

Apartments Under $600

Apartments Under $900

  • Apartment in
    9135 Morning Ridge Road, Cordova, TN
    $835 - $1,710
    • 1-3 Beds
    • 1-2 Baths
    Available Today!
    (844) 703-1306

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Renting a Cheap Apartment in Memphis

Memphis is Tennessee’s largest city and known for its role in music and literature. Beale Street, home to young B.B. King, is a highlight of a visit for many blues aficionados. So is Graceland, the mansion of Elvis Presley. Due to the city’s location along the Mississippi River, economic growth has been driven since Memphis’ early days by shipping and product transport. Memphis is home to the University of Memphis and numerous other colleges and universities. Industry here is centered on transportation. FedEx, AutoZone and International Paper have their corporate headquarters here. Recreation opportunities include Mud Island River Park and Shelby Farms Park. Memphis is home to the Memphis Grizzlies, an NBA team. Barbecue is the celebrated local cuisine. Find a large selection of Memphis, Tennessee apartments on RENTCafe. Start your apartment search today.

Memphis, TN Demographics

  • Total Population657,167
  • Female 312,782
    Male 344,385
  • Median Age33.5

Memphis, TN Households

  • Total Number of Households249,775
  • Family 145,841
    Non-family 103,934
  • Children 77,074
    No Children 172,701
  • Average People Per Household2.57
  • Median Household Income$36,445
  • Median Housing Costs Per Month$869

Memphis, TN Education Statistics

  • No High School5%
  • Some High School42%
  • Some College25%
  • Associate Degree5%
  • Bachelor Degree15%
  • Graduate Degree8%