Cheap Apartments for Rent in Memphis, NE from $800 (32 Rentals)

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Elkhorn Station
1 to 2 Bedroom Apartments

Elkhorn Station

2606 N Main StElkhorn, NE 68022
Showing Results 1-32, Page 1 of 1

Memphis, NE Local Guide

Cheapest Available Memphis Apartments for Rent and Nearby

 

The cheapest available apartment rental in Memphis, NE is a 1 Bed unit found at Willow Creek in the Millard neighborhood priced from $839. The Trails at North Streams in the Millard neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,055. Here is today’s list of the most affordable Memphis apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Willow Creek1 Bed, 1 Bath A11BR,1BA$839
The Trails at North StreamsStanding BearStudio,1BA$1,055
Gretna Landing ApartmentsStudioStudio,1BA$1,095
1010 on the LakeA1 Studio Floor Plan1BR,1BA$1,095
Rock Creek ApartmentsOne Bedroom1BR,1BA$1,095
Northridge1 Bedroom, 1 Bathroom - 810 SF1BR,1BA$1,099
Trade Winds Apartment HomesOne Bedroom1BR,1BA$1,112
The Creek ApartmentsAC Unit B2B - 1 I 11BR,1BA$1,150
Fifty575 CoventryA11BR,1BA$1,157
The AbacusS2Studio,1BA$1,160

Best Value Apartments for Rent in Memphis, NE and Nearby

As of April 10, 2025 the best value apartment in the Memphis area is the $1.10 price per square foot Three Bedroom 325A Model at Stony Brook in the in the Millard neighborhood starting from $1,580. The second greatest value Memphis apartment is the Grayson Model at Legacy Flats starting at $1,825 with a $1.36 price per square foot in the Oakbrook Meadows Altech neighborhood. Here is today’s list of the best values for Memphis apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Stony BrookThree Bedroom 325A3BR,2.5BA$1.10
Legacy FlatsGrayson2BR,2BA$1.36
Bellbrook Townhome ApartmentsPremier Unit C2BR,2BA$1.30
Villas At The Pines2 Bedroom2BR,2BA$1.14
The Harbor at Valley ShoresLive Outside of the City at The Harbor at Valle...2BR,2BA$1.38
Lakeside HillsThe Geneva1BR,1BA$1.34
Trade Winds Apartment HomesTwo Bedroom2BR,2BA$1.34
The Village on the PreserveMaple2BR,2BA$1.40
Northridge1 Bedroom, 1 Bathroom - 810 SF1BR,1BA$1.36
Willow Creek1 Bed, 1 Bath A11BR,1BA$1.29

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Pet Friendly Lifestyle
Memphis, NE

Ranked #87

Among cities in Nebraska for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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See the most popular apartments and homes in Memphis, NE

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Getting Around Memphis, NE

Walk Score®

42 / 100

Car-Dependent

Most errands require a car

Bike Score®

36 / 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

What is the Cheapest Studio apartment in Memphis?

Currently the most affordable Cheap Studio Apartment in Memphis is at The Trails at North Streams listed at $1,055.

How much is rent for a Cheap One Bedroom Memphis Apartment?

The lowest price for a Cheap One Bedroom Memphis Apartment is $839 at Willow Creek.

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 $1,195 at Rock Creek Apartments.

What is the most affordable Memphis Three Bedroom Apartment?

The best deal on a cheap Memphis Three Bedroom Apartment rental is at Stony Brook and starts from $1,580.

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.