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Cheap Apartments for Rent in Raleigh, Memphis, TN

138 Rentals Available
Cheap Apartments for Rent in Raleigh, Memphis, TN. 138 Rentals Available
Apartments Under $700 Apartments Under $800 Apartments Under $900 Apartments Under $1,000 Apartments Under $1,100 Apartments Under $1,300

Apartments Under $700

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

    1726 S. Orleans Street, Memphis, TN 38106
    2 BEDS $622+

Apartments Under $800

  • 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 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

  • More Rentals Near Raleigh, Memphis, TN

  • an empty kitchen with white appliances and a stove and sink
    Today

    1175 Barron Court, Memphis, TN 38114
    2 BEDS $767+
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  • 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

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 living room with a couch and a table with a television
    Today

    2880 Beverly Hill Street, Memphis, TN 38128
    2 BEDS $825+
  • 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 kitchen with black appliances and white cabinets
    Today

    3413 Mountain Terrace, Memphis, TN 38127
    3 BEDS $850

  • More Rentals Near Raleigh, Memphis, TN

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

    2136 Pamela Dr, Memphis, TN 38127
    3 BEDS $850
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  • 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

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 $1,300

  • 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 living room with red chairs and a television
    Today

    7109 Vineyard Way, Germantown, TN 38138
    1 BED $1,300+
    2 BEDS $1,666+
    3 BEDS Ask for Pricing
  • 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
4-21-nhood
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Getting around in Raleigh, TN

45 /100
Car-Dependent
31 /100
Some Transit
33 /100
Somewhat Bikeable
Walk Score®: 45, Transit Score®: 31, Bike Score®: 33

Frequently asked questions

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

The price range of a cheap apartment is between $825 and $1,250.

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

There are 8 cheap rentals available on RentCafe. Prices and availability in Raleigh, Memphis, TN were last updated on 24 Feb 2026.

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

The average Raleigh, Memphis, TN cheap apartment size is 1,291 sq. ft.

What are the advantages of renting a cheap apartment in Raleigh, Memphis, TN?

Cheap apartments in Raleigh, 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 Raleigh, Memphis, TN?

A cheap apartment in Raleigh, Memphis, TN offers little storage space and fewer amenities compared to other apartments.

Looking for a cheap apartment for rent in Raleigh, Memphis, TN? With RentCafe, finding an affordable apartment in Raleigh has never been easier. We feature 138 low-priced rentals directly from property managers, with rents lower than the Raleigh, Memphis, TN average, which is currently $914. On RentCafe, Raleigh 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!