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Cheap Apartments for Rent in Memphis, MI from $400 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in Memphis.
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from $605Studio to 2 Bedroom Apartments Available Now
The Willows
49330 Carlos RdChesterfield, MI 48051
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from $800Studio to 2 Bedroom Apartments Available May 27
Aspen Grove Apartments
1210-1470 Aspen DrMarysville, MI 48040
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from $8151 to 3 Bedroom Apartments Available Now
Hickory Square Apartments
1939 Shagbark LnImlay City, MI 48444
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from $8501 to 2 Bedroom Apartments Available Now
Anchor Bay Apartments
50632 Jefferson AveNew Baltimore, MI 48047
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from $8501 to 3 Bedroom Apartments Available Now
Golf Marina Apartments
3501 N River RdFort Gratiot, MI 48059
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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from $8551 to 2 Bedroom Apartments Available Now
ST. CLAIR LANDINGS
3345 Military StPort Huron, MI 48060
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from $8751 to 2 Bedroom Apartments Available Now
Chesterfield Manor
29179 Cotton RdChesterfield, MI 48047
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from $875Studio to 2 Bedroom Apartments Available Jun 13
Camberwell Apartments
106 S Carney DrSt Clair, MI 48079
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from $9252 Bedroom Apartments Available Now
Blackwood Apartments
2960-2968 Beach RdPort Huron, MI 48060
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Rent Specials
from $9251 to 2 Bedroom Apartments Available Now
Eagles Landing of Washington
8204 Washington BlvdWashington, MI 48094
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from $9301 to 3 Bedroom Apartments Available Now
Aspen Creek Apartments
30001 23 Mile RdNew Baltimore, MI 48047
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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from $9501 to 2 Bedroom Apartments Available May 21
Oakview Square
50440 Oakview DrChesterfield, MI 48047
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from $9751 to 2 Bedroom Apartments Available May 30
Waters Edge Estates
50631 Jefferson AveNew Baltimore, MI 48047
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from $9751 to 3 Bedroom Apartments Available Now
Lighthouse Estates
2900 Golden Crest CtPort Huron, MI 48060
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from $9991 to 3 Bedroom Apartments Available Now
Apple Valley Apartments
231 Apple Blossom WayRomeo, MI 48065
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from $9991 to 3 Bedroom Apartments Available Now
Brookstone Place Apartments
3991 Brookstone PlPort Huron, MI 48060
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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from $1,0001 to 3 Bedroom Apartments Available Now
Stony on Van Dyke
8155 S Stony DrWashington, MI 48094
Showing Results 1-19, Page 1 of 1
Memphis, MI Local Guide
Wooded train tracks by rob b is licensed under CC BY 2.0
How much does it cost to rent an apartment in Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Memphis Studio Apartments | $860 | $605 | $1,175 |
| Memphis 1 Bedroom Apartments | $1,038 | $725 | $1,450 |
| Memphis 2 Bedroom Apartments | $1,725 | $890 | $3,165 |
| Memphis 3 Bedroom Apartments | $1,355 | $1,160 | $2,264 |
Browse Top Apartments in Memphis
See all Apartments in MemphisExplore Memphis
Memphis, MI Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Memphis Apartments for Rent and Nearby
The cheapest available apartment rental in Memphis, MI is a 1 Bed unit found at The Willows in the Sandstone at The Retreat neighborhood priced from $725. Hickory Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $815. Here is today’s list of the most affordable Memphis apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Willows | One Bedroom | 1BR,1BA | $725 |
| Hickory Square Apartments | A | 1BR,1BA | $815 |
| Anchor Bay Apartments | 1 Bedroom | 1BR,1BA | $850 |
| Golf Marina Apartments | One Bedroom | 1BR,1BA | $850 |
| ST. CLAIR LANDINGS | 1 Bedroom 1 Bathroom | 1BR,1BA | $855 |
Best Value Apartments for Rent in Memphis, MI and Nearby
As of May 17, 2025 the best value apartment in the Memphis area is the $1.15 price per square foot G, H, K & L Style Model at Casa Mia Apartments in the in the New Baltimore neighborhood starting from $1,350. The second greatest value Memphis apartment is the 2 Bedroom 1 Bathroom with basement Model at Blackwood Apartments starting at $925 with a $0.93 price per square foot in the Downtown Port Huron neighborhood. Here is today’s list of the best values for Memphis apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Casa Mia Apartments | G, H, K & L Style | 2BR,2BA | $1.15 |
| Blackwood Apartments | 2 Bedroom 1 Bathroom with basement | 2BR,1BA | $0.93 |
| Stony on Van Dyke | Two Bedroom | 2BR,1BA | $1.26 |
| Anchor Bay Apartments | 1 Bedroom | 1BR,1BA | $0.89 |
| LAKE VILLAGE APARTMENTS | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.18 |
| Chesterfield Manor | One Bedroom | 1BR,1BA | $1.09 |
| Aspen Creek Apartments | One Bedroom | 1BR,1BA | $1.22 |
| Hickory Square Apartments | A | 1BR,1BA | $1.12 |
| Golf Marina Apartments | One Bedroom | 1BR,1BA | $1.21 |
| The Willows | One Bedroom | 1BR,1BA | $1.21 |
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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Explore Memphis, MI Rentals by Map
See the most popular apartments and homes in Memphis, MI
Memphis, MI Apartments MapMemphis, MI Rental Homes MapGetting Around Memphis, MI
Walk Score®
26 / 100
Car-Dependent
Most errands require a car
Bike Score®
32 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Memphis Apartments
How much is rent for a Cheap One Bedroom Memphis Apartment?
The lowest price for a Cheap One Bedroom Memphis Apartment is $725 at The Willows.
What is the lowest price for a Cheap Two Bedroom Memphis Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Memphis is starting from $905 at Hickory Square Apartments.
What is the most affordable Memphis Three Bedroom Apartment?
The best deal on a cheap Memphis Three Bedroom Apartment rental is at Hickory Square Apartments and starts from $1,145.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.