Cheap Apartments for Rent in Memphis, TN
Apartments Under $400
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8 units available1 bd $3002 bd $450+3 bd $605+Base rent4.5 (1)262 Chelsea Ave., Memphis, TN 38107
Apartments Under $600
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92 units available1 bd $550+2 bd $1,085+Base rent4.0 (25)3505 S. Mendenhall Rd, Memphis, TN 38115Apply online • Pet friendly
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Rent specials New units available2 bd $562+Base rent3.5 (60)1726 S. Orleans Street, Memphis, TN 38106Apply online • Pet friendly • In unit laundry
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Rent specials New units available1 bd $571+2 bd $685+Base rent2743 Ketchum Road, Memphis, TN 38114Apply online • Pet friendly • In unit laundry
Apartments Under $700
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Rent specials New units available2 bd $621+Base rent3.5 (144)1953 Philsar Street, Memphis, TN 38106Apply online • Pet friendly • In unit laundry
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Rent specials New units available1 bd $639+2 bd $750+Base rent3.5 (222)4537 Mill Stream Dr, Memphis, TN 38116Apply online • Pet friendly • Pool
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Rent specials New units available2 bd $669+Base rent4.0 (72)1175 Barron Court, Memphis, TN 38114Apply online • Pet friendly • In unit laundry
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32 units available2 bd $691+3 bd $691Base rent3384 Harmony Court, Memphis, TN 38122Dishwasher
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Only 1 unit left1 bd $6952 bd $845Base rent4.5 (1)202 Windover Road, Memphis, TN 38111Apply online • Pet friendly
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Rent specials New units available1 bd $699+2 bd $1,075+Base rent4.0 (31)3048 Moriah Trail, Memphis, TN 38115Apply online • Pet friendly • Parking
Apartments Under $800
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Rent specials New units available1 bd $722+2 bd $1,025+Base rent4.5 (58)6420 Knight Arnold Rd, Memphis, TN 38115Apply online • Pet friendly • Fitness center
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9 units availableStudio $7251 bd $7252 bd $825+Base rent Income restricted3.0 (2)414 N Claybrook St #1, Memphis, TN 38104Apply online • Pet friendly • Public Transportation
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1 bd $7452 bd $775Base rent168 Windover Road, Memphis, TN 38111Pet friendly
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Rent specials New units available1 bd $7503 bd $950Base rent4500 Stonegate Drive, Memphis, TN 38128Apply online • Pet friendly • Pool
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Rent specials New units available1 bd $7502 bd $850+Base rent5995 Waterstone Oak Way, Memphis, TN 38115Apply online • Pet friendly • Dishwasher
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Rent specials 11 units available1 bd $750+2 bd $9003 bd $1,100+Base rent5.0 (3)4787 Garden Grove Cove, Memphis, TN 38128Apply online • Pet friendly • Dishwasher
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1 bd $7652 bd $825Base rent158 Windover Road, Memphis, TN 38111Pet friendly
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Rent specials New units available1 bd $773+2 bd $859+Base rent3.5 (14)3427 Southern Avenue, Memphis, TN 38111Apply online • Pet friendly • Dishwasher
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2 bd $780Base rent4.5 (1)174 Windover Road, Memphis, TN 38111Pet friendly
Apartments Under $900
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Only 1 unit left2 bd $800Base rent4.5 (1)2880 Beverly Hill Street, Memphis, TN 38128Apply online • Pet friendly • In unit laundry
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Only 1 unit left2 bd $800Base rent4.5 (3)154 Windover Road, Memphis, TN 38111Apply online • Pet friendly
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Only 2 units left2 bd $800Base rent4.0 (5)184 Windover Road, Memphis, TN 38111Apply online • Pet friendly
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Only 1 unit left2 bd $800Base rent4.5 (2)172 Windover Road, Memphis, TN 38111Apply online • Pet friendly
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Only 2 units left2 bd $800+Base rent176 Windover Road, Memphis, TN 38111Apply online • Pet friendly
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2 bd $800Base rent5.0 (6)170 Windover Road, Memphis, TN 38111Pet friendly
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Rent specials New units available1 bd $805+2 bd $1,067+Base rent4.0 (82)6355 Briar Patch Lane, Memphis, TN 38115Apply online • Pet friendly • Fitness center
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Rent specials 4 units available1 bd $8062 bd $965Base rent4.5 (5)6332 Village Grove Dr, Memphis, TN 38115Apply online • Pet friendly
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Rent specials New units available1 bd $808+2 bd $1,075+Base rent4.0 (36)3251 Knight Trails Circle, Memphis, TN 38115Apply online • Pet friendly • Parking
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Only 1 unit left2 bd $820Base rent4.0 (1)208 Windover Road, Memphis, TN 38111Apply online • Pet friendly
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2 bd $825+Base rent5.0 (2)2880 Beverly Hill Street, Memphis, TN 38128Pet friendly • Dishwasher • Patio/Balcony
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Rent specials 14 units availableStudio $835+1 bd $844+Base rent4.5 (3)1391 Court Avenue, Memphis, TN 38104Apply online • Pet friendly • In unit laundry
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Only 1 unit left2 bd $845Base rent3.5 (6)160 Windover Road, Memphis, TN 38111Apply online • Pet friendly
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Only 1 unit left2 bd $845Base rent4.0 (1)156 Windover Road, Memphis, TN 38111Apply online • Pet friendly
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Rent specials New units available1 bd $8482 bd $976Base rent4.5 (1)3094 Autumnwood Avenue, Memphis, TN 38115Apply online • Pet friendly
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Rent specials 23 units available1 bd $856+2 bd $898+3 bd $1,290+Base rent4.5 (43)4981 Hidden Lake Drive, Memphis, TN 38128Apply online • Pet friendly • Fitness center
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Rent specials New units available1 bd $860+2 bd $958+3 bd $1,197+Base rent4.0 (95)2165 E. River Trace Dr., Memphis, TN 38134Apply online • Pet friendly • Fitness center
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3 bd $880Base rent194 Windover Road, Memphis, TN 38111Pet friendly
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Only 2 units left3 bd $895Base rent4.5 (3)162 Windover Road, Memphis, TN 38111Apply online • Pet friendly
Apartments Under $1,300
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7 units availableAsk for pricingIncome restricted2881 Lamar Avenue, Memphis, TN 38114Apply online • Pet friendly • Dishwasher
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8 units availableAsk for pricing1085 Peabody #101, Memphis, TN 38104Apply online
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Only 2 units leftAsk for pricing5.0 (1)379 Cossitt, Memphis, TN 38126Apply online
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Only 1 unit left
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Only 1 unit left
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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.