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Apartments Under $700 in Memphis, TN

1 - 30 of 97 Results
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
11
$685 - 765
Town House Apartment Homes
3.4
1437 Central Avenue Memphis, TN
Studio | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Luxury
Section 8
8
$555 - 630
Village Green Apartments
2.6
3450 Fescue Lane Memphis, TN
1 - 2 BR | Available Now
Contact
Cat Friendly
Luxury
Air Conditioning
Covered Parking
Balcony/Deck/Patio
5
$699
1 Bed, 1 Bath With Washer And Dryer Near U Of M
3781 Kearney St Memphis, TN
1 BR | Available Now
Contact
House
5
$650
Shady Oaks Apartments
516-522 Sharon Dr Memphis, TN
1 BR | Available Now
Contact
Air Conditioning
Balcony/Deck/Patio
Storage
Disability Access
Dishwasher
18
$659
University Gardens Manor
2059 N Cabana Cir Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
Disability Access
25
$690 - 1,326
The Junction
Deal
3341 Southern Ave Memphis, TN
Studio | Nov. 26, 2024
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Dishwasher
5
$550
165 N Merton
165 N Merton Ave Memphis, TN
1 BR | Available Now
Contact
Air Conditioning
Storage
Disability Access
13
$550
374 Dunlap
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
37
$685 - 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
1
$600
Walker Apartments
3606 Walker Ave Memphis, TN
1 BR | Dec. 1, 2024
Contact
Dog Friendly
Cat Friendly
36
$695
3650 Kearney Ave
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Covered Parking
0
$680
Come See This 1 Bedroom Single Family Home For Rent - Move In Ready S. Parkway Area
1672 Clancy St Memphis, TN
1 BR | Available Now
Contact
House
13
$595
3158 Hoskins Rd
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
0
$550
Ess Lamar Cove
1490 Lamar Cv Memphis, TN
2 BR | Dec. 11, 2024
Contact
Dog Friendly
Cat Friendly
Storage
2
$650
3602- 3616 Spottswood
Memphis, TN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
6
$700
Beautiful 2 Bedroom, 1 Bathroom Duplex Home For Rent!
2862 Hale Ave Memphis, TN
1 BR | Ask for Availability
Contact
House
Air Conditioning
6
$595
Come See This Newly Renovated Duplex In Hyde Park Area
1445 Britton St Memphis, TN
1 BR | Available Now
Contact
House
5
$615
Country Oaks
6555 Country Oaks Circle Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Pool
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
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
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
0
$675
1 Bedroom - 1 Bathroom Frayser Newly Renovated Home - Move In Ready!
3205 E Shirley Cir Unit 2 Memphis, TN
1 BR | Available Now
Contact
0
$675
Come See This Charming 1 Bedroom 1 Bathroom Duplex Off Of S. Parkway
1452 Oaklawn St Memphis, TN
1 BR | Available Now
Contact
House
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
1
$699
3855 Jackson Ave
Memphis, TN
1 BR | Ask for Availability
Contact
0
$695
607 Mclemore Ave
Memphis, TN
2 BR | Available Now
Contact
0
$625
Wynn 734
734 Lane Ave Memphis, TN
1 BR | Ask for Availability
Contact
0
$700
2507 Staten
Memphis, TN
2 BR | Available Now
Contact
House
0
$695
605 E Mclemore Ave
Memphis, TN
2 BR | Available Now
Contact
1 - 30 of 97 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 97 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 24 studio apartments under $700 available for rent in Memphis.

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

Rentable.co has 297 one-bedroom apartments under $700 available for rent in Memphis.

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

Rentable.co has 614 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

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

Welcome to the November 2024 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 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 November 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 $620 $660 $700 $740 $780 $820 $860 $900 $940 $980 $1,020 $1,060 $1,100 $1,140 $1,180 $1,220 $1,260 $1,300 $1,340 $1,380
This month, the typical cost to rent a one-bedroom apartment in Memphis stands at $1,020, with the majority falling between $580 and $1,490. Out of the 2,568 one-bedroom apartments currently on the market in Memphis, 233 are priced below $700, accounting for 9% of the total available one-bedroom units in Memphis.

Available Apartments Under $700: Memphis vs. Surrounding Areas

Memphis, TN
West Memphis, AR
111
3
In November 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 116 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 November M/M % Change
Memphis, TN 112 +1.0%
West Memphis, AR 3 +1.17%
Southaven, MS 2 +1.0%
Robinsonville, MS 2 +1.0%
Horn Lake, MS 1 +1.0%
Millington, TN 1 +1.33%

Looking for Apartments Under $700 in Memphis?

Available apartments under $700 819
Top amenities Air Conditioning, Dishwasher, Balcony/Deck/Patio, Refrigerator, Range / Oven
Deals 2
Pet friendly 138
Utilities included 24
Furnished 40
1 Bedroom 88
2 Bedroom 96
3 Bedroom 20
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