Cheap Apartments for Rent in Memphis, NE from $800 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in Memphis.
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The Creek Apartments
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Elk Hills Apartments
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Fifty575 Coventry
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The Trails at North Streams
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Andover Pointe Apartment Homes
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Broadmoor Hills
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The Village on the Preserve
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Live Hawthorne
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1010 on the Lake
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Rock Creek Apartments
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Trade Winds Apartment Homes
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The Abacus
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Avenue 204 at Royal View
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Capriana
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Grand Legacy
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Stony Brook
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Legacy Flats
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The Arno
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6205 Ballard Ave
Memphis, NE Local Guide
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How much does it cost to rent an apartment in Memphis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Memphis Studio Apartments | $1,192 | $975 | $1,915 |
Memphis 1 Bedroom Apartments | $1,409 | $839 | $3,377 |
Memphis 2 Bedroom Apartments | $1,839 | $1,150 | $2,800 |
Memphis 3 Bedroom Apartments | $2,400 | $1,545 | $3,250 |
Memphis 4 Bedroom Apartments | $3,450 | $3,450 | $3,450 |
Browse Top Apartments in Memphis
See all Apartments in MemphisExplore Memphis
Memphis, NE Local Guide
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Cheapest Available Memphis Apartments for Rent and Nearby
 The cheapest available apartment rental in Memphis, NE is a 1 Bed unit found at Fifty575 Coventry in the Ballena neighborhood priced from $1,018. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Fifty575 Coventry | A | 1BR,1BA | $1,018 |
The Trails at North Streams | Standing Bear | Studio,1BA | $1,055 |
Andover Pointe Apartment Homes | One Bedroom One Bath | 1BR,1BA | $1,059 |
Rock Creek Apartments | One Bedroom | 1BR,1BA | $1,095 |
1010 on the Lake | A1 Studio Floor Plan | 1BR,1BA | $1,095 |
Broadmoor Hills | Jackson | 1BR,1BA | $1,095 |
Trade Winds Apartment Homes | One Bedroom | 1BR,1BA | $1,112 |
Northridge | 1 Bedroom, 1 Bathroom - 900 SF | 1BR,1BA | $1,125 |
Avenue 204 at Royal View | Alley - 1B | 1BR,1BA | $1,170 |
The Abacus | S1 | Studio,1BA | $1,250 |
Best Value Apartments for Rent in Memphis, NE and Nearby
As of February 28, 2025 the best value apartment in the Memphis area is the $1.59 price per square foot AC Unit F - 3 I 2 Model at The Creek Apartments in the in the Ballena neighborhood starting from $1,995. The second greatest value Memphis apartment is the Dogwood Model at The Village on the Preserve starting at $1,675 with a $1.39 price per square foot in the Spring Ridge 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. |
---|---|---|---|
The Creek Apartments | AC Unit F - 3 I 2 | 3BR,2BA | $1.59 |
The Village on the Preserve | Dogwood | 2BR,2BA | $1.39 |
Villas At The Pines | 2 Bedroom | 2BR,2BA | $1.14 |
The Harbor at Valley Shores | Live Outside of the City at The Harbor at Valle... | 2BR,2BA | $1.38 |
Dalmore Apartments | New York | 2BR,2BA | $1.39 |
Northridge | 1 Bedroom, 1 Bathroom - 810 SF | 1BR,1BA | $1.39 |
Andover Pointe Apartment Homes | One Bedroom One Bath | 1BR,1BA | $1.36 |
Trade Winds Apartment Homes | One Bedroom | 1BR,1BA | $1.40 |
Avenue 204 at Royal View | Alley - 1B | 1BR,1BA | $1.55 |
Rock Creek Apartments | One Bedroom | 1BR,1BA | $1.50 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleMemphis, NE
Ranked #87
Among cities in Nebraska for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Memphis, NE Rentals by Map
See the most popular apartments and homes in Memphis, NE
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 $1,018 at Fifty575 Coventry.
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 Fifty575 Coventry and starts from $1,684.
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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What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
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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.
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Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.