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Cheap Apartments for Rent in Memphis, TN

Cheap Apartments for Rent in Memphis, TN. 549 Rentals Available
549 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

    4.5 (1)
    262 Chelsea Ave., Memphis, TN 38107

Apartments Under $600

  • 92 units available
    1 bd $550+
    2 bd $1,085+
    Base rent
    4.0 (25)
    3505 S. Mendenhall Rd, Memphis, TN 38115
    Apply online • Pet friendly
  • Rent specials New units available
    2 bd $562+
    Base rent
    Verified Listing

    3.5 (60)
    1726 S. Orleans Street, Memphis, TN 38106
    Apply online • Pet friendly • In unit laundry
  • Rent specials New units available
    1 bd $571+
    2 bd $685+
    Base rent
    Verified Listing

    2743 Ketchum Road, Memphis, TN 38114
    Apply online • Pet friendly • In unit laundry

Apartments Under $700

Apartments Under $800

Apartments Under $900

  • Only 1 unit left
    2 bd $800
    Base rent
    Verified Listing

    4.5 (1)
    2880 Beverly Hill Street, Memphis, TN 38128
    Apply online • Pet friendly • In unit laundry
  • 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
    4.0 (5)
    184 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
  • Only 2 units left
    2 bd $800+
    Base rent
    176 Windover Road, Memphis, TN 38111
    Apply online • Pet friendly
  • 2 bd $800
    Base rent
    Verified Listing

    5.0 (6)
    170 Windover Road, Memphis, TN 38111
    Pet friendly
  • Rent specials New units available
    1 bd $805+
    2 bd $1,067+
    Base rent
    Verified Listing

    4.0 (82)
    6355 Briar Patch Lane, Memphis, TN 38115
    Apply online • Pet friendly • Fitness center
  • Rent specials 4 units available
    1 bd $806
    2 bd $965
    Base rent
    Verified Listing

    4.5 (5)
    6332 Village Grove Dr, Memphis, TN 38115
    Apply online • Pet friendly
  • Rent specials New units available
    1 bd $808+
    2 bd $1,075+
    Base rent
    Verified Listing

    4.0 (36)
    3251 Knight Trails Circle, Memphis, TN 38115
    Apply online • Pet friendly • Parking
  • 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 • Dishwasher • Patio/Balcony
  • Rent specials 14 units available
    Studio $835+
    1 bd $844+
    Base rent
    Verified Listing

    4.5 (3)
    1391 Court Avenue, Memphis, TN 38104
    Apply online • Pet friendly • In unit laundry
  • Only 1 unit left
    2 bd $845
    Base rent
    160 Windover Road, Memphis, TN 38111
    Apply online • Pet friendly
  • Only 1 unit left
    2 bd $845
    Base rent
    156 Windover Road, Memphis, TN 38111
    Apply online • Pet friendly
  • Rent specials New units available
    1 bd $848
    2 bd $976
    Base rent
    Verified Listing

    4.5 (1)
    3094 Autumnwood Avenue, Memphis, TN 38115
    Apply online • Pet friendly
  • Rent specials 23 units available
    1 bd $856+
    2 bd $898+
    3 bd $1,290+
    Base rent
    Verified Listing

    4.5 (43)
    4981 Hidden Lake Drive, Memphis, TN 38128
    Apply online • Pet friendly • Fitness center
  • Rent specials New units available
    1 bd $860+
    2 bd $958+
    3 bd $1,197+
    Base rent
    Verified Listing

    4.0 (95)
    2165 E. River Trace Dr., Memphis, TN 38134
    Apply online • Pet friendly • Fitness center
  • 3 bd $880
    Base rent
    194 Windover Road, Memphis, TN 38111
    Pet friendly
  • Only 2 units left
    3 bd $895
    Base rent
    162 Windover Road, Memphis, TN 38111
    Apply online • Pet friendly

Apartments Under $1,300

  • 7 units available
    Ask for pricing
    Income restricted
    Verified Listing

    2881 Lamar Avenue, Memphis, TN 38114
    Apply online • Pet friendly • Dishwasher
  • 8 units available
    Ask for pricing
    1085 Peabody #101, Memphis, TN 38104
    Apply online
  • Only 2 units left
    Ask for pricing
    5.0 (1)
    379 Cossitt, Memphis, TN 38126
    Apply online
  • Only 1 unit left
    Ask for pricing
    Verified Listing

    925 Vance, Memphis, TN 38107
    Apply online
  • Only 1 unit left
    Ask for pricing
    Verified Listing

    874 Estival, Memphis, TN 38126
    Apply online
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Frequently asked questions

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

The price range of a cheap apartment is between $300 and $3,060.

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

There are 554 cheap rentals available on RentCafe. Prices and availability in Memphis, TN were last updated on 23 Jun 2026.

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

The average Memphis, TN cheap apartment size is 726 sq. ft.

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

Cheap apartments in 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 Memphis, TN?

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

Looking for a cheap apartment for rent in Memphis, TN? With RentCafe, finding an affordable apartment in Memphis, TN has never been easier. We feature 549 low-priced rentals directly from property managers, with rents lower than the Memphis, TN average. What is a cheap rent in Memphis, TN? The average apartment rent in Memphis is $1,145 per month so any rental south of $916 would be considered cheap here. On RentCafe, Memphis, TN rents go as low as $300/mo.