
Cheap 3 Bedroom Apartments for Rent in Memphis, TN from $730 (136 Rentals)


The Residences at Lakeview

New Horizon - Kingsgate

Flairwood Apartments

Country View Apartments

Oakwood Meadows Estates

Huntington Hills

Ruby Oaks Apartments

Lexington Apartments

Springdale Creek Apartments

Hunter Oaks Apartments

Colonial Village Apartments

Wesley Forest

Faronia Square

Lakes at Epping Way

Linden Yards Apartments

Weaver Fields Apartments

Plum Tree

Summer Trace Apartments

Manor Park Apartments

Stonebrook Apartments

Chapel Place Homes

The Meridian Apartments

Autumn Ridge Apartments

Highland Hills

3618 Faxon Ave

Crossings at Fox Meadows

Edgewater Apartments

Azure Place Apartments

Highland Chateau

Cedar Mill Apartments & Townhouses

1282 Vinton Ave

Tanglewood
Memphis, TN Local Guide

How much does it cost to rent an apartment in Memphis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Memphis Studio Apartments | $1,181 | $560 | $8,000 |
Memphis 1 Bedroom Apartments | $1,329 | $200 | $6,144 |
Memphis 2 Bedroom Apartments | $1,500 | $450 | $8,360 |
Memphis 3 Bedroom Apartments | $1,986 | $730 | $8,352 |
Memphis 4 Bedroom Apartments | $1,972 | $599 | $7,390 |
Memphis 5 Bedroom Apartments | $5,494 | $2,495 | $10,000+ |
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Memphis, TN Local Guide
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Quick Rent Budget Calculator
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Getting Around Memphis, TN
Walk Score®
50 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
50 / 100
Bikeable
Some bike infrastructure
Transit Score®
29 / 100
Some Transit
A few nearby public transportation options
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 Valley Forge listed at $750.
How much is rent for a Cheap One Bedroom Memphis Apartment?
The lowest price for a Cheap One Bedroom Memphis Apartment is $750 at Valley Forge.
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 $750 at Valley Forge.
What is the most affordable Memphis Three Bedroom Apartment?
The best deal on a cheap Memphis Three Bedroom Apartment rental is at Valley Forge and starts from $750.
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.

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.

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.

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.

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.