Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Memphis area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Cheap Apartments in Memphis, TN

1 - 30 of 253 Results
32
$731 - 891
Hilldale Apartments
3500 Westline Dr Memphis, TN
1 - 2 BR | Available Now
Contact
Air Conditioning
Surface Parking
22
$785 - 895
Azure Place
Deal
3896 Chippewa Rd Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
Dishwasher
46
$798 - 1,499
Greenbrook at Shelby Farms
4.6
1400 Greenbrook Parkway Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
10
$850
The Elevation at Autumn Ridge
6301 Village Grove Dr Memphis, TN
Studio | Available Now
Dog Friendly
Cat Friendly
Senior Community
22
$900
The Park at Hollyford
2.6
6555 North Country Oaks Circle Memphis, TN
1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
17
$899 - 1,049
Tanglewood
Deal
5770 Tangle Oaks Drive Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Pool
17
$850 - 900
The Park at New Castle
6860 Quince Road Memphis, TN
1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
19
$691 - 797
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
7
$750
University Flats
3459 Southern Ave Ofc Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
13
$850
1590 Cameron
Memphis, TN
1 BR | Jan. 13, 2025
Contact
Dog Friendly
Cat Friendly
16
$675
Large 2 Bedroom 1 Bath!
328 Buntyn St Memphis, TN
1 BR | Available Now
Contact
Storage
Disability Access
37
$665 - 870
Summer Trace Apartments
3.2
6015 Summer Trace Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
4
$750 - 850
Parkside Poplar Apartments
1969-1973 Poplar Ave Memphis, TN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
9
$782 - 800
The Brooklyn
3094 Autumnwood Ave Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
Pool
18
$659 - 759
University Gardens Manor
2059 N Cabana Cir Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
Disability Access
25
$802 - 1,656
The Junction
Deal
3341 Southern Ave Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Dishwasher
1
$739
The Drew - 1070 Merriwether Avenue
1070 Merriwether Ave Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
9
$800
3110 Orange Leaf
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Pool
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
1
$695
Vsa - Bldg 01
2024 Jefferson St Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
1
$825
6 W. Byfield
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$813
The Drew - 1060 Merriwether Avenue
1060 Merriwether Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
1
$825
Vinton Avenue Apartments
1307 Vinton Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
1
$795
The Belvedere Apartments
90 N Belvedere Blvd Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
5
$720
843 Candace Dr
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
11
$850
Adorable 2 Bed 1 Bath Home!
4020 Leroy Ave Memphis, TN
2 BR | Ask for Availability
Contact
House
6
$675 - 750
1253 Cannon St
Memphis, TN
Studio | Available Now
Contact
1
$750
5484-5486 APPLE BLOSSOM
Memphis, TN
2 BR | Available Now
Contact
Storage
1
$750
1914 Felix
Memphis, TN
1 BR | Available Now
Contact
Air Conditioning
Storage
Disability Access
Cooper-Young
1
$900
4932 Leonard
Memphis, TN
3 BR | Available Now
Contact
House
Disability Access
1 - 30 of 253 Results
  1. Home
  2. Memphis
  3. Cheap Apartments
Frequently Asked Questions

How many cheap apartments are available in Memphis, TN on Rentable.co?

There are 253 cheap apartments in Memphis currently available for rent on Rentable.co.

What is the average rent for a cheap apartment in Memphis, TN?

The average monthly rent for a cheap apartment in Memphis is about $380.

How many studio cheap apartments are available in Memphis?

Rentable.co has 12 studio cheap apartments available for rent in Memphis.

How many one-bedroom cheap apartments are available in Memphis?

Rentable.co has 65 one-bedroom cheap apartments available for rent in Memphis.

How many two-bedroom cheap apartments are available in Memphis?

Rentable.co has 81 two-bedroom cheap apartments available for rent in Memphis.

Can I afford a cheap apartment in Memphis, TN?

To comfortably afford a cheap apartment in Memphis based on average rent prices, a household would need an annual income of $15,000.

Cheap Apartments in Memphis, TN: December Rental Information

Welcome to the December 2024 Memphis Apartment Report. In this overview of the local rental market, Rentable's rental experts and data scientists present the key findings and figures for the Memphis rental landscape.

Our experts have analyzed the inventory trends for cheap apartments in Memphis, specifically those that are available for under $1,000 per month. We examine the overall market rent distribution and provide insights into the availability of apartments based on bedroom count. Additionally, we compare the data on a month-over-month basis to help renters understand the rental landscape in Memphis and its surrounding areas.

This summary also highlights the various features and amenities that renters can expect to find in apartments under $1,000 in Memphis. We also offer information on different location options within the city for renters seeking affordable apartments. Whether you're looking for a studio or a multi-bedroom apartment, this report will provide you with valuable insights to help you in your apartment search 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

Available Cheap Apartments: Memphis vs. Surrounding Areas

Memphis, TN
19
In the chart above, you'll find the current number of available cheap apartments in Memphis, TN and the surrounding cities. As of December 2024, the inventory shows the number of affordable housing options in Memphis as well as West Memphis, Southaven, Olive Branch, Germantown, Lakeland, Millington, Munford, Arlington, Piperton, Bartlett, Collierville, Hernando, Marion, Robinsonville, Walls, Cordova, Horn Lake, Joiner, Turrell, and Nesbit. This data reflects the total inventory of cheap apartments in the Memphis, TN metro area, giving you an idea of the current availability in the region.

Cheap Apartments Now vs. Last Month: Memphis and Surrounding Areas

City Cheap Apartments in December M/M % Change
Memphis, TN 20 +1.01%
Robinsonville, MS 2 +1.0%
Southaven, MS 1 +1.0%
Horn Lake, MS 1 +1.0%
West Memphis, AR 0 +1.5%
Bartlett, TN 0 +1.0%

Looking for Cheap Apartments in Memphis?

Available cheap apartments 185
Top amenities Fitness Center, Air Conditioning, Refrigerator, Range / Oven, Pet Friendly Community
Pet friendly 78
Utilities included 13
Furnished 38
1 Bedroom 34
2 Bedroom 37
3 Bedroom 15
Square footage 503 - 1,545
Browse Memphis Apartments
Memphis Apartments by Neighborhood
Memphis Apartments by Bedrooms
Memphis Apartments by Affordability
Memphis Apartments with Amenities
Memphis Apartments by Type
Colleges Near Memphis
Memphis Apartments by Zip Code