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Cheap Apartments for Rent in Memphis, TN

Cheap Apartments for Rent in Memphis, TN. 484 Rentals Available
484 Rentals Available
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Apartments Under $400 Apartments Under $600 Apartments Under $700 Apartments Under $800 Apartments Under $900 Apartments Under $1,000

Apartments Under $400

  • A small house with a yellow roof and stone walls.
    8 units available
    1 bd $300
    2 bd $450+
    3 bd $605+
    Base rent
    Verified Listing

    262 Chelsea Ave., Memphis, TN 38107

Apartments Under $600

  • a house shape with the cedar mill logo in the middle
    94 units available
    1 bd $550+
    2 bd $1,085+
    Base rent
    Verified Listing

    4.0 (25)
    3505 S. Mendenhall Rd, Memphis, TN 38115
    Apply online • Pet friendly
  • a kitchen with a stove and sink and a window
    Rent specials New units available
    2 bd $552+
    Base rent
    Verified Listing

    3.5 (59)
    1726 S. Orleans Street, Memphis, TN 38106
    Apply online • Pet friendly
  • A living room with a green chair, a coffee table with a vase of flowers, and a television on a cabinet.
    Rent specials 8 units available
    1 bd $579+
    2 bd $655+
    Base rent
    Verified Listing

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

Apartments Under $700

  • the living room of an apartment with wood flooring and a window
    Rent specials New units available
    2 bd $615+
    Base rent
    Verified Listing

    3.5 (144)
    1953 Philsar Street, Memphis, TN 38106
    Apply online • Pet friendly
  • a kitchen with white appliances and white cabinets
    Rent specials New units available
    1 bd $624+
    2 bd $751+
    Base rent
    Verified Listing

    3.5 (221)
    4537 Mill Stream Dr, Memphis, TN 38116
    Apply online • Pet friendly
  • an empty kitchen with white appliances and a stove and sink
    Rent specials New units available
    2 bd $675+
    Base rent
    Verified Listing

    4.0 (72)
    1175 Barron Court, Memphis, TN 38114
    Apply online • Pet friendly
  • A parking lot with cars and apartment buildings.
    31 units available
    2 bd $691+
    3 bd $691+
    Base rent
    Verified Listing

    3384 Harmony Court, Memphis, TN 38122
  • A red brick house with a white door and windows.
    Only 1 unit left
    1 bd $695
    2 bd $845
    Base rent
    Verified Listing

    4.5 (1)
    202 Windover Road, Memphis, TN 38111
    Apply online • Pet friendly
  • a living room with blue furniture and a brick fireplace
    Rent specials New units available
    1 bd $699+
    2 bd $999+
    Base rent
    Verified Listing

    4.0 (31)
    3048 Moriah Trail, Memphis, TN 38115
    Apply online • Pet friendly
  • A dining room with a white table and chairs.
    1 bd $699
    Base rent
    Verified Listing

    1735 Delano Ave, Memphis, TN 38127
    Pet friendly

Apartments Under $800

  • A kitchen with white cabinets and a wooden counter.
    New units available 8 units available
    Studio $725
    1 bd $725
    2 bd $825
    Base rent Income restricted
    Verified Listing

    3.0 (2)
    414 N Claybrook St #1, Memphis, TN 38104
    Apply online • Pet friendly
  • A playground with a red slide and a green roof.
    New units available 10 units available
    1 bd $750
    3 bd $950
    Base rent
    Verified Listing

    4500 Stonegate Drive, Memphis, TN 38128
    Apply online • Pet friendly
  • A living room with a couch, chairs, and a coffee table.
    20 units available
    1 bd $750
    2 bd $850+
    Base rent
    Verified Listing

    5995 Waterstone Oak Way, Memphis, TN 38115
    Apply online • Pet friendly
  • a living room with two couches and a table
    Rent specials 8 units available
    1 bd $750+
    2 bd $900
    3 bd $1,100+
    Base rent
    Verified Listing

    5.0 (3)
    4787 Garden Grove Cove, Memphis, TN 38128
    Apply online • Pet friendly
  • A living room with a white couch, a black table, and a painting on the wall.
    Rent specials 4 units available
    1 bd $776
    2 bd $910
    Base rent
    Verified Listing

    4.5 (5)
    6332 Village Grove Dr, Memphis, TN 38115
    Apply online • Pet friendly
  • A dining room with a white table and chairs.
    2 bd $799
    Base rent
    Verified Listing

    1735 Delano Ave, Memphis, TN 38127
    Pet friendly

Apartments Under $900

  • a brick house with a white porch and a tree
    Only 1 unit left
    2 bd $800
    Base rent
    Verified Listing

    4.5 (3)
    154 Windover Road, Memphis, TN 38111
    Apply online • Pet friendly
  • a red brick house with white columns and a white door
    New units available Only 1 unit left
    2 bd $800
    Base rent
    Verified Listing

    4.0 (4)
    184 Windover Road, Memphis, TN 38111
    Apply online • Pet friendly
  • a large brick house with a tree in front of it
    Only 1 unit left
    2 bd $800
    Base rent
    Verified Listing

    5.0 (6)
    170 Windover Road, Memphis, TN 38111
    Apply online • Pet friendly
  • a red brick house with trees in front of it
    Only 1 unit left
    2 bd $800
    Base rent
    Verified Listing

    4.5 (2)
    172 Windover Road, Memphis, TN 38111
    Apply online • Pet friendly
  • a red brick house with white columns and trees
    New units available Only 2 units left
    2 bd $800+
    Base rent
    Verified Listing

    176 Windover Road, Memphis, TN 38111
    Apply online • Pet friendly
  • A living room with a grey couch, a wooden cabinet, a black door, and a painting on the wall.
    1 bd $800
    Base rent
    Verified Listing

    1043 Whitaker Dr, Memphis, TN 38116
    Pet friendly
  • Rent specials 8 units available
    1 bd $808+
    2 bd $1,155+
    Base rent
    Verified Listing

    4.0 (36)
    3251 Knight Trails Circle, Memphis, TN 38115
    Apply online • Pet friendly • Parking
  • A modern living room with a black chair and a white couch.
    Rent specials New units available
    1 bd $819
    2 bd $965
    Base rent
    Verified Listing

    4.5 (1)
    3094 Autumnwood Avenue, Memphis, TN 38115
    Apply online • Pet friendly
  • the front of a brick house with columns and a white door
    Only 1 unit left
    2 bd $820
    Base rent
    Verified Listing

    4.0 (1)
    208 Windover Road, Memphis, TN 38111
    Apply online • Pet friendly
  • Rent specials 20 units available
    1 bd $821+
    2 bd $990+
    3 bd $1,251+
    Base rent
    Verified Listing

    4.5 (43)
    4981 Hidden Lake Drive, Memphis, TN 38128
    Apply online • Pet friendly • Fitness center
  • a living room with a couch and a table with a television
    2 bd $825+
    Base rent
    Verified Listing

    5.0 (2)
    2880 Beverly Hill Street, Memphis, TN 38128
    Pet friendly
  • Rent specials New units available
    1 bd $827+
    2 bd $915+
    Base rent
    Verified Listing

    3.5 (14)
    3427 Southern Avenue, Memphis, TN 38111
    Apply online • Pet friendly • Dishwasher
  • Rent specials New units available
    1 bd $836+
    2 bd $1,090+
    Base rent
    Verified Listing

    4.0 (82)
    6355 Briar Patch Lane, Memphis, TN 38115
    Apply online • Pet friendly • Fitness center
  • A sign for Magnolia Gardens, Inc. is displayed in front of a tree.
    Only 1 unit left
    2 bd $845
    Base rent
    Verified Listing

    3.5 (6)
    160 Windover Road, Memphis, TN 38111
    Apply online • Pet friendly
  • a sign for the magnolia gardeners house in front of a tree
    Only 1 unit left
    2 bd $845
    Base rent
    Verified Listing

    4.0 (1)
    156 Windover Road, Memphis, TN 38111
    Apply online • Pet friendly
  • Rent specials New units available
    Studio $867+
    1 bd $852+
    Base rent Income restricted
    Verified Listing

    4.0 (2)
    1391 Court Avenue, Memphis, TN 38104
    Apply online • Pet friendly • In unit laundry
  • Rent specials New units available
    1 bd $875+
    2 bd $1,000+
    3 bd $1,222+
    Base rent
    Verified Listing

    4.0 (95)
    2165 E. River Trace Dr., Memphis, TN 38134
    Apply online • Pet friendly • Fitness center
  • Rent specials New units available
    1 bd $878+
    2 bd $1,025+
    Base rent
    Verified Listing

    4.5 (58)
    6420 Knight Arnold Rd, Memphis, TN 38115
    Apply online • Pet friendly • Fitness center
  • A building with a white door and pillars.
    Only 2 units left
    3 bd $895
    Base rent
    Verified Listing

    4.5 (3)
    162 Windover Road, Memphis, TN 38111
    Apply online • Pet friendly

Apartments Under $1,000

  • a kitchen with a sink and a stove and a refrigerator
    6 units available
    Ask for pricing
    Income restricted
    Verified Listing

    2881 Lamar Avenue, Memphis, TN 38114
    Apply online • Pet friendly
  • A brick house with a sign that says "Pretty Place".
    4 bd $1,200
    Base rent
    Verified Listing

    705 St. Paul, Memphis, TN 38107
  • a living room with a blue couch and a dining room table
    Ask for pricing
    Verified Listing

    4.5 (1)
    2880 Beverly Hill Street, Memphis, TN 38128
    Pet friendly
  • A brick house with a black fence in front.
    8 units available
    Ask for pricing
    Verified Listing

    1085 Peabody #101, Memphis, TN 38104
    Apply online
  • A sign for the Estival Place Assisted Living Campus is displayed in front of a gated entrance.
    Only 2 units left
    Ask for pricing
    Verified Listing

    5.0 (1)
    379 Cossitt, Memphis, TN 38126
    Apply online
  • A logo for a company named Promise Development Corporation.
    Ask for pricing
    Verified Listing

    925 Vance, Memphis, TN 38107
  • 874 Estival 2-3 Beds Apartment for Rent
    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 $2,862.

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

There are 560 cheap rentals available on RentCafe. Prices and availability in Memphis, TN were last updated on 1 Jun 2026.

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

The average Memphis, TN cheap apartment size is 729 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.