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 rent262 Chelsea Ave., Memphis, TN 38107
Apartments Under $600
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Rent specials New units available2 bd $549+Base rent3.5 (59)1726 S. Orleans Street, Memphis, TN 38106Apply online • Pet friendly
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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 available1 bd $577+2 bd $654+Base rent2743 Ketchum Road, Memphis, TN 38114Apply online • Pet friendly
Apartments Under $700
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Rent specials New units available2 bd $624+Base rent3.5 (144)1953 Philsar Street, Memphis, TN 38106Apply online • Pet friendly
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Rent specials New units available1 bd $634+2 bd $753+Base rent3.5 (221)4537 Mill Stream Dr, Memphis, TN 38116Apply online • Pet friendly
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Rent specials2 bd $667+Base rent4.0 (72)1175 Barron Court, Memphis, TN 38114Apply online • Pet friendly
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31 units available2 bd $691+3 bd $691+Base rent3384 Harmony Court, Memphis, TN 38122
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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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1 bd $699Base rent1735 Delano Ave, Memphis, TN 38127Pet friendly
Apartments Under $800
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7 units availableStudio $7251 bd $8002 bd $825+Base rent Income restricted3.0 (2)414 N Claybrook St #1, Memphis, TN 38104Apply online • Pet friendly
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New units available 68 units available1 bd $745+2 bd $895+Base rent4.0 (30)3048 Moriah Trail, Memphis, TN 38115Apply online • Pet friendly
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New units available 10 units available1 bd $7503 bd $950Base rent4500 Stonegate Drive, Memphis, TN 38128Apply online • Pet friendly
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New units available 20 units available1 bd $7502 bd $850+Base rent5995 Waterstone Oak Way, Memphis, TN 38115Apply online • Pet friendly
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Rent specials New units available1 bd $7632 bd $918Base rent4.5 (3)6332 Village Grove Dr, Memphis, TN 38115Apply online • Pet friendly
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7 units availableAsk for pricingIncome restricted2881 Lamar Avenue, Memphis, TN 38114Apply online • Pet friendly
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2 bd $799Base rent1735 Delano Ave, Memphis, TN 38127Pet friendly
Apartments Under $900
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Only 1 unit left2 bd $800Base rent176 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 1 unit left2 bd $800Base rent154 Windover Road, Memphis, TN 38111Apply online • Pet friendly
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Only 1 unit left2 bd $800Base rent5.0 (6)170 Windover Road, Memphis, TN 38111Apply online • Pet friendly
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1 bd $800Base rent1043 Whitaker Dr, Memphis, TN 38116Pet friendly
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17 units availableStudio $805+1 bd $843+2 bd $954+Base rent3.5 (12)3427 Southern Avenue, Memphis, TN 38111Apply online • Pet friendly • Dishwasher
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Rent specials New units available1 bd $808+2 bd $1,226+Base rent4.0 (36)3251 Knight Trails Circle, Memphis, TN 38115Apply online • Pet friendly • Parking
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Rent specials New units available1 bd $815+2 bd $996+3 bd $1,373+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 $8162 bd $962Base rent4.5 (1)3094 Autumnwood Avenue, Memphis, TN 38115Apply online • Pet friendly
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Rent specials New units available1 bd $819+2 bd $1,040+Base rent4.5 (57)6420 Knight Arnold Rd, Memphis, TN 38115Apply online • Pet friendly • Fitness center
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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
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Rent specials 8 units available1 bd $8252 bd $9003 bd $1,100+Base rent5.0 (3)4787 Garden Grove Cove, Memphis, TN 38128Apply online • Pet friendly
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Rent specials New units available1 bd $836+2 bd $1,067+Base rent4.0 (82)6355 Briar Patch Lane, Memphis, TN 38115Apply online • Pet friendly • Fitness center
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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 $846+2 bd $925+3 bd $1,217+Base rent4.0 (94)2165 E. River Trace Dr., Memphis, TN 38134Apply online • Pet friendly • Fitness center
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New units available 18 units availableStudio $859+1 bd $859+Base rent Income restricted4.0 (2)1391 Court Avenue, Memphis, TN 38104Apply online • Pet friendly • In unit laundry
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Only 1 unit left3 bd $895Base rent4.5 (3)162 Windover Road, Memphis, TN 38111Apply online • Pet friendly
Apartments Under $1,300
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Only 2 units leftAsk for pricing5.0 (1)379 Cossitt, Memphis, TN 38126Apply online
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8 units availableAsk for pricing1085 Peabody #101, Memphis, TN 38104Apply online
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Ask for pricing4.5 (1)2880 Beverly Hill Street, Memphis, TN 38128Pet friendly
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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 $2,889.
How many cheap rentals are available in Memphis, TN on RentCafe?
There are 576 cheap rentals available on RentCafe. Prices and availability in Memphis, TN were last updated on 12 May 2026.
What is the average size of a cheap apartment in Memphis, TN?
The average Memphis, TN cheap apartment size is 727 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.