
Cheap 3 Bedroom Apartments for Rent in Memphis, TN from $789 (172 Rentals)


The Residences at Lakeview

New Horizon - Kingsgate

Flairwood Apartments

Country View

Oakwood Meadows Estates

Ruby Oaks Apartments

Winchester Grove

Huntington Hills

Lexington Apartments

Springdale Creek Apartments

Hunter Oaks Apartments

Faronia Square

Wesley Forest

Colonial Village Apartments

Summer Trace Apartments

Linden Yards Apartments

Lakes at Eppingway

Weaver Fields Apartments

Plum Tree

Avery Park Apartments

Manor Park Apartments

Owens Place Townhomes

Greenbrook at Shelby Farms

Stonebrook Apartments

Chapel Place Homes

The Meridian Apartments

Autumn Ridge Apartments

Crossings at Fox Meadows

Edgewater Apartments

Azure Place Apartments

Cedar Mill Apartments & Townhouses

High Point Apartments
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 | $1,166 | $200 | $8,000 |
Memphis 1 Bedroom Apartments | $1,324 | $200 | $5,559 |
Memphis 2 Bedroom Apartments | $1,507 | $450 | $8,242 |
Memphis 3 Bedroom Apartments | $2,027 | $789 | $8,037 |
Memphis 4 Bedroom Apartments | $2,025 | $599 | $6,860 |
Memphis 5 Bedroom Apartments | $5,647 | $2,495 | $9,540 |
Explore Memphis
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 Camelot Manor listed at $799.
How much is rent for a Cheap One Bedroom Memphis Apartment?
The lowest price for a Cheap One Bedroom Memphis Apartment is $799 at Camelot Manor.
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 $799 at Camelot Manor.
What is the most affordable Memphis Three Bedroom Apartment?
The best deal on a cheap Memphis Three Bedroom Apartment rental is at Camelot Manor and starts from $799.
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.