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Cheap Apartments for Rent in Memphis, TN

423 Rentals Available
Cheap Apartments for Rent in Memphis, TN. 423 Rentals Available
Apartments Under $700 Apartments Under $800 Apartments Under $900 Apartments Under $1,000 Apartments Under $1,100 Apartments Under $1,200

Apartments Under $700

  • a kitchen with a stove and sink and a window
    Today

    1726 S. Orleans Street, Memphis, TN 38106
    2 BEDS $622+
  • the living room of an apartment with wood flooring and a window
    Today

    1953 Philsar Street, Memphis, TN 38106
    2 BEDS $655+

Apartments Under $800

  • a living room with blue furniture and a brick fireplace
    Today

    3048 Moriah Trail, Memphis, TN 38115
    1 BED $700+
    2 BEDS $1,050+
  • a sign for the magnolia gardeners house in front of a tree
    Today

    158 Windover Road, Memphis, TN 38111
    1 BED $720
    2 BEDS $825
  • a living room with a door open to a hallway with windows
    Today

    414 N. Claybrook #1, Memphis, TN 38104
    STUDIO Ask for Pricing
    1 BED $725+
    2 BEDS $875
  • a living room with a red rug and a red couch
    Today

    4485 Hudgins Road, Memphis, TN 38116
    1 BED $725
    2 BEDS $980
    3 BEDS Ask for Pricing
  • a living room filled with furniture and a rug
    Today

    3251 Knight Trails Circle, Memphis, TN 38115
    1 BED $750+
    2 BEDS $1,254+
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  • a brick house with a white porch and a tree
    Today

    154 Windover Road, Memphis, TN 38111
    2 BEDS $755
  • a red brick house with trees in front of it
    Today

    172 Windover Road, Memphis, TN 38111
    2 BEDS $755
  • an empty kitchen with white appliances and a stove and sink
    Today

    1175 Barron Court, Memphis, TN 38114
    2 BEDS $767+
  • a dining room and kitchen with a glass table and chairs
    Today

    172 Kimbrough Place, Memphis, TN 38104
    1 BED $775
    2 BEDS $1,450
    3 BEDS $2,300
  • a kitchen with white appliances and white cabinets
    Today

    4537 Mill Stream Dr, Memphis, TN 38116
    2 BEDS $779+

Apartments Under $900

  • a small brick house with a lawn in front of it
    Today

    1703 Corning Ave, Memphis, TN 38127
    3 BEDS $800
  • a house shape with the cedar mill logo in the middle
    Today

    3505 S. Mendenhall Rd, Memphis, TN 38115
    STUDIO Ask for Pricing
    1 BED $800
    2 BEDS $1,200
  • a large apartment building with trees in front of it
    Today

    139 N Barksdale Street, Memphis, TN 38104
    STUDIO $825
    1 BED Ask for Pricing
    2 BEDS $2,165
  • a living room with a couch and a table with a television
    Today

    2880 Beverly Hill Street, Memphis, TN 38128
    2 BEDS $825+
  • the living room of an apartment with couches and a table
    Today

    6420 Knight Arnold Rd, Memphis, TN 38115
    1 BED $825+
    2 BEDS $1,080+
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  • a kitchen with white cabinets and a stove and a sink
    Today

    2136 Pamela Dr, Memphis, TN 38127
    3 BEDS $850
  • a kitchen with black appliances and white cabinets
    Today

    3413 Mountain Terrace, Memphis, TN 38127
    3 BEDS $850
  • a view of the front of a brick house with columns
    Today

    210 S Highland St, Memphis, TN 38111
    3 BEDS $850
  • a living room with a large couch and coffee table
    Today

    3896 Chippewa Rd, Memphis, TN 38118
    1 BED $855
    2 BEDS $935
    3 BEDS $1,145
  • a living room with two couches and a table
    Today

    3990 Barton Dr,, Memphis, TN 38116
    1 BED $895
    2 BEDS $925+

Apartments Under $1,000

  • a small brick house on a grassy hill with trees
    Today

    3293 Ashland St, Memphis, TN 38127
    3 BEDS $925
  • a living room with a couch and a fireplace
    Today

    1810 W Wolfchase Circle, Cordova, TN 38016
    Income Restricted
    1 BED $949+
    2 BEDS $1,152+
    3 BEDS $1,417+
  • a living room with couches and chairs and a table
    Today

    70 S 4Th St., Memphis, TN 38103
    STUDIO $974+
    1 BED $1,021+
    2 BEDS $1,535+

Apartments Under $1,100

  • a kitchen with white cabinets and a sink and a window
    Today

    4249 Atwood Ave, Memphis, TN 38111
    2 BEDS $1,025
  • an empty kitchen with a sink and a window
    Today

    3545 Voltaire Ave, Memphis, TN 38128
    3 BEDS $1,090
  • a bedroom with a closet and a door to a bathroom
    Today

    3613 Russelwood Dr, Memphis, TN 38128
    4 BEDS $1,095

Apartments Under $1,200

  • a living room with wood floors and a door to a hallway
    Today

    671 Whiteside Cv, Memphis, TN 38109
    4 BEDS $1,155
  • a small kitchen with a sink and white cabinets
    Today

    1737 Berwind Rd, Memphis, TN 38116
    3 BEDS $1,175
  • a small brick house with a grassy yard
    Today

    1613 Winfield Ave, Memphis, TN 38116
    3 BEDS $1,195
  • a small house with a lawn in front of it
    Today

    1311 Foxcroft St, Memphis, TN 38111
    4 BEDS $1,225
  • an empty kitchen with white cabinets and a sink
    Today

    3587 Kipling Ave, Memphis, TN 38128
    3 BEDS $1,250
  • a white house with a tree in front of it
    Today

    4111 Barron Ave, Memphis, TN 38111
    3 BEDS $1,350
  • a white kitchen with white appliances and white cabinets
    Today

    2743 Ketchum Road, Memphis, TN 38114
35-0-city
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Getting around in Memphis, TN

54 /100
Somewhat Walkable
34 /100
Some Transit
43 /100
Somewhat Bikeable
Walk Score®: 54, Transit Score®: 34, Bike Score®: 43

Frequently asked questions

What is the price of a cheap apartment in Memphis, TN?

The price range of a cheap apartment is between $622 and $3,260.

How many cheap rentals are available in Memphis, TN on RentCafe?

There are 384 cheap rentals available on RentCafe. Prices and availability in Memphis, TN were last updated on 22 Feb 2026.

What is the average size of a cheap apartment in Memphis, TN?

The average Memphis, TN cheap apartment size is 929 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.

Renting a cheap apartment in Memphis, TN

Memphis is Tennessee’s largest city and known for its role in music and literature. Beale Street, home to young B.B. King, is a highlight of a visit for many blues aficionados. So is Graceland, the mansion of Elvis Presley. Due to the city’s location along the Mississippi River, economic growth has been driven since Memphis’ early days by shipping and product transport. Memphis is home to the University of Memphis and numerous other colleges and universities. Industry here is centered on transportation. FedEx, AutoZone and International Paper have their corporate headquarters here. Recreation opportunities include Mud Island River Park and Shelby Farms Park. Memphis is home to the Memphis Grizzlies, an NBA team. Barbecue is the celebrated local cuisine. Find a large selection of Memphis, Tennessee apartments on RENTCafe. Start your apartment search today.

Look for cheap apartments near me

Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RentCafe, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

Looking for a cheap apartment for rent in Memphis, TN? With RentCafe, finding an affordable apartment in Memphis, TN has never been easier. We feature 423 low-priced rentals directly from property managers, with rents lower than the Memphis, TN average. What is a cheap rent in Memphis, TN? The average apartment rent in Memphis is $1,134 per month so any rental south of $908 would be considered cheap here. On RentCafe, Memphis, TN rents go as low as $622/mo.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!