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Cheap Apartments in Memphis, TN

151 - 180 of 292 Results
1
$ Ask - 1,100
Rowland 623
623 E Pkwy Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
2
$845
Coming Soon: Adorable 3-bed, 1-bath Home
1341 Railton Rd Memphis, TN
2 BR | Ask for Availability
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House
0
$825
Welcome To 2970 Hale Ave!
2970 Hale Ave Memphis, TN
2 BR | Available Now
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1
$840
3034-3036 Sinclair St
Memphis, TN
2 BR | Jan. 16, 2026
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1
$695
888 Kerr Ave
Memphis, TN
2 BR | Available Now
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1
$820
3659 Kimball Ave
Memphis, TN
3 BR | Jan. 16, 2026
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House
Dishwasher
1
$875
Spacious 3 Bedroom 1 Bath Home!
1599 Humber St Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$750
Come See This Charming 1 Bedroom 1 Bathroom Duplex Off Of S. Parkway
1452 Oaklawn St Memphis, TN
1 BR | Available Now
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House
1
$740
1493 Gaither St
Memphis, TN
2 BR | Available Now
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1
$895
Charming 2 Bedroom Home - Open To Section 8
3805 S Mendenhall Rd Memphis, TN
2 BR | Available Now
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House
1
$800
Spacious 2 Bedroom Home In A Central Location!! - (duplex)
643 Walnut St Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$895
Fresh Home For Rent!!
3510 Rochester Rd Memphis, TN
3 BR | Ask for Availability
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House
1
$795
Fully Renovated 1 Bedroom 1 Bath Apartments In Vibrant Midtown |1st Month's Rent Free
1058 Poplar Ave #3 Memphis, TN
1 BR | Available Now
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House
1
$875
Move-in Special 1/2 Off 1st Month's Rent!!
593 Northaven Dr Memphis, TN
3 BR | Available Now
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House
1
$850
Newly Remodeled 2 Bdrm, 1 Bath 
90 E Trigg Ave Memphis, TN
2 BR | Available Now
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House
0
$890
Welcome To 846 Biggs Street!
846 Biggs St Memphis, TN
2 BR | Jan. 16, 2026
Contact
1
$699 - 899
Redwood Estates Homes
4144 Thomas St Memphis, TN
1 - 3 BR | Available Now
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Dog Friendly
1
$800
Renovated 2 Bedroom 1 Bath Duplex - Open To Section 8 - $99 Move In Special
1917 Farrington St Memphis, TN
2 BR | Available Now
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House
1
$725
Charming 2 Bedroom 1 Bathroom Apartment
1025 S Wellington St Unit 3 Memphis, TN
2 BR | Available Now
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House
1
$785
820 Maury St
Memphis, TN
1 BR | Available Now
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Voillintine-Evergreen
1
$850
5222 Flowering Peach
Memphis, TN
2 BR | Available Now
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House
0
$850
Move In By 01/17 And Get The First Month Rent Free! Welcome To 1080 N Evergreen St!
1080 N Evergreen St Memphis, TN
2 BR | Available Now
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Voillintine-Evergreen
0
$890
Welcome To 1742 Brown Ave In Memphis, Tn!
1742 Brown Ave Memphis, TN
2 BR | Available Now
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Voillintine-Evergreen
1
$795
Newly Renovated 1br/1ba Duplex Near U Of M
3221 Choctaw Ave Memphis, TN
1 BR | Available Now
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House
0
$799
1/2 Off 1st Month's Rent!!!
3518 Hendricks Ave Memphis, TN
2 BR | Ask for Availability
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House
1
$775
2 Bed, 1 Bath Ground Floor Condo
105 N Belvedere Blvd Apt 9 Memphis, TN
2 BR | Ask for Availability
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House
0
$835
Duplex Near Summer Ave.
3385 Vernon Ave Memphis, TN
2 BR | Available Now
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3
$695
1742 Lawrence Ave
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$725
Beautifully Renovated 2 Bedroom Apartment - Open To Section 8
519 Simpson Ave #2 Memphis, TN
2 BR | Available Now
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House
0
$700 - 800
Westside Manor
931 Frayser Blvd Memphis, TN
1 - 2 BR | Available Now
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151 - 180 of 292 Results
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Frequently Asked Questions

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

There are 292 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 11 studio cheap apartments available for rent in Memphis.

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

Rentable.co has 76 one-bedroom cheap apartments available for rent in Memphis.

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

Rentable.co has 97 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: January Rental Information

Welcome to the January 2026 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 $1,600 $1,680

Available Cheap Apartments: Memphis vs. Surrounding Areas

Memphis, TN
22
In the chart above, you'll find the current number of available cheap apartments in Memphis, TN and the surrounding cities. As of January 2026, 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 January M/M % Change
Memphis, TN 23 +1.04%
Robinsonville, MS 2 +1.0%
Southaven, MS 1 +1.0%
Horn Lake, MS 1 +1.0%
Bartlett, TN 0 +1.33%
Cordova, TN 0 +1.0%

Looking for Cheap Apartments in Memphis?

Available cheap apartments 217
Top amenities Fitness Center, Air Conditioning, Refrigerator, Range / Oven, Pet Friendly Community
Pet friendly 81
Utilities included 13
Furnished 38
1 Bedroom 38
2 Bedroom 44
3 Bedroom 16
Square footage 542 - 1,705
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