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Apartments Under $700 in Memphis, TN

1 - 30 of 94 Results
5
$1 - 900
Greenbriar Apartments
Deal
3131 Madewell Memphis, TN
1 - 3 BR | Ask for Availability
Contact
Air Conditioning
Surface Parking
19
$691
Foote Park At South City
521 Vance Park Place Memphis, TN
2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
12
$695
Recently Renovated Apartment In Nutbush
1447 Wells Station Rd Unit 6 Memphis, TN
2 BR | Available Now
Contact
House
5
$585 - 655
Summer Trace Apartments
6015 Summer Trace Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Dishwasher
Pool
12
$700
Beautifully Renovated Duplex - Available Now!!
2121 Brown Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
15
$595
Text The Leasing Team At 901-820-4367 To Schedule Your Tour Today!
1096 Gordon St Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
5
$570 - 700
Stonegate Apartment
4500 Stone Gate Dr Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Balcony/Deck/Patio
9
$525
1362 Gleason Ave
Memphis, TN
1 BR | Available Now
Contact
House
Disability Access
11
$670 - 700
3803 Given Ave
Memphis, TN
1 - 2 BR | Available Now
Contact
Storage
5
$615
Country Oaks
6555 Country Oaks Circle Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Pool
5
$625
Pinebrook Pointe Apartment Homes
3541 Mediterranean Dr Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
In Unit Laundry
7
$550
Summerwood Apartments
4015 Summer Ave Memphis, TN
1 BR | Jun. 3, 2024
Contact
Air Conditioning
Storage
Disability Access
17
$100 - 350
City View Towers - Seniors 62 & Older
256 S Camilla St Memphis, TN
1 BR | Available Now
Contact
Heat Included
Senior Community
Income Restricted
Air Conditioning
Surface Parking
5
$550
165 N Merton
165 N Merton Ave Memphis, TN
1 BR | Available Now
Contact
Air Conditioning
Storage
Disability Access
22
$ Ask - 1,629
Parcels At Concourse
1350 Concourse Avenue, Suite 750 Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
5
$620
The Summit Apartments
4981 Hidden Lake Drive Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Balcony/Deck/Patio
Fitness Center
24
$695 - 700
Summer Trace Apartments
3.2
6015 Summer Trace Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
7
$695
1025 S Wellington St Unit 2
Memphis, TN
2 BR | Available Now
Contact
House
7
$695
1270 Overton Park
Memphis, TN
1 BR | Available Now
Contact
Storage
Disability Access
8
$650
3580 BRISTERWOOD
Memphis, TN
1 BR | Available Now
Contact
Dishwasher
6
$695
4 Success Is Now Offering This 2 Bedroom Home.
1516 Britton St Memphis, TN
2 BR | Available Now
Contact
House
10
$550
1210 N. Evergreen
Memphis, TN
1 BR | Nov. 11, 2024
Contact
Dog Friendly
Cat Friendly
Storage
6
$575
1302 Court Ave
Memphis, TN
Studio | Jun. 15, 2024
Contact
Storage
Disability Access
5
$659
University Gardens Manor
2059 N Cabana Cir Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
Disability Access
2
$599
Emerald Pointe Apartment
3315 Hickory Hill Road Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Balcony/Deck/Patio
Storage
4
$500
3750 Argonne St Unit 1
Memphis, TN
1 BR | Available Now
Contact
11
$695
3158 Hoskins Rd
Memphis, TN
1 BR | Jun. 14, 2024
Contact
Dog Friendly
Cat Friendly
Air Conditioning
6
$650
Cute 1/1 Mha Approve
723 Roanoke Ave Memphis, TN
1 BR | Ask for Availability
Contact
House
31
$695
189 Auburndale - 191 #12
Memphis, TN
Studio | Sep. 10, 2024
Contact
Dog Friendly
Cat Friendly
31
$695
189 Auburndale - 189 #2
Memphis, TN
Studio | Jul. 10, 2024
Contact
Dog Friendly
Cat Friendly
1 - 30 of 94 Results
  1. Home
  2. Memphis
  3. Apartments Under $700
Frequently Asked Questions

How many apartments under $700 are available in Memphis, TN on Rentable.co?

There are 94 apartments under $700 in Memphis currently available for rent on Rentable.co.

How many studio apartments under $700 are available in Memphis?

Rentable.co has 30 studio apartments under $700 available for rent in Memphis.

How many one-bedroom apartments under $700 are available in Memphis?

Rentable.co has 282 one-bedroom apartments under $700 available for rent in Memphis.

How many two-bedroom apartments under $700 are available in Memphis?

Rentable.co has 560 two-bedroom apartments under $700 available for rent in Memphis.

Can I afford a apartment under $700 in Memphis, TN?

To comfortably afford a apartment under $700 in Memphis based on average rent prices, a household would need an annual income of $25,000.

Which neighborhoods have the most apartments under $700 for rent in Memphis, TN?

  1. South Forum
  2. New Chicago
  3. Orange Mound

Apartments Under $700 in Memphis, TN: June Rental Information

Welcome to the June 2024 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 2024 key findings and figures for the Memphis rental landscape.

Our experts analyze the inventory trends for apartments under $700 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Memphis and surrounding areas. This summary also provides insights into available features and amenities, as well as location options for apartments under $700 in Memphis.

Renters searching for affordable housing options in Memphis will find a variety of apartments to choose from, with monthly rents under $700. The city offers a range of one-bedroom, two-bedroom, and three-bedroom apartments in this price range.

When it comes to amenities, renters can expect to find options such as swimming pools, fitness centers, on-site laundry facilities, and pet-friendly policies in many of the apartments under $700.

As of the June 2024 report, availability is fair, with a number of apartments under $700 available for rent. However, it's always recommended to check the Rentable website frequently, as availability can change rapidly in this price range.

Whether you're a student, young professional, or family, Rentable has you covered with affordable options for apartments under $700 in Memphis.
0 12 25 37 50 <$600 $640 $720 $800 $880 $960 $1,040 $1,120 $1,200 $1,280 $1,360 $1,440 $1,520 >$1,600
This month, the typical cost to rent a one-bedroom apartment in Memphis stands at $940, with the majority falling between $550 and $1,580. Out of the 2,174 one-bedroom apartments currently on the market in Memphis, 218 are priced below $700, accounting for 10% of the total available one-bedroom units in Memphis.

Available Apartments Under $700: Memphis vs. Surrounding Areas

Memphis, TN
97
In June 2024, there are a variety of affordable apartments available for rent in Memphis, TN and the surrounding cities. The chart above shows the number of apartments under $700 currently listed on Rentable's website in these areas. In Memphis proper, there are a total of 105 apartments available in this price range. The surrounding cities of West Memphis, Southaven, Olive Branch, Germantown, Lakeland, Millington, Munford, Arlington, Piperton, Bartlett, Collierville, Hernando, Marion, Robinsonville, Walls, Cordova, Horn Lake, Joiner, Turrell, and Nesbit also offer a range of options for renters looking for affordable housing. This chart can help prospective renters find the right apartment that meets their budget and needs in the Memphis, TN metro area.

Apartments Under $700 Now vs. Last Month: Memphis and Surrounding Areas

City Apartments Under $700 in June M/M % Change
Memphis, TN 98 +1.01%
Cordova, TN 2 +1.06%
West Memphis, AR 2 +1.0%
Southaven, MS 2 +1.0%
Germantown, TN 2 +1.0%
Robinsonville, MS 2 +1.0%
Horn Lake, MS 1 +1.0%
Millington, TN 1 +1.0%
Bartlett, TN 0 +1.4%

Looking for Apartments Under $700 in Memphis?

Available apartments under $700 962
Top amenities Air Conditioning, Dishwasher, Refrigerator, Garbage Disposal, Range / Oven
Deals 13
Pet friendly 138
Utilities included 24
Furnished 40
1 Bedroom 89
2 Bedroom 91
3 Bedroom 19

Where are Memphis Apartments Under $700?

Top Neighborhoods South forum, New chicago, Orange mound
South Forum 1
New Chicago 1
Orange Mound 1
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