
Cheap Short Term Lease Apartments for Rent in Memphis, TN from $300 (110 Rentals)
Rental terms in Memphis as short as a month! Perfect when you can't commit to a full year of renting.
Search the lowest-cost Apartments available for rent right now in Memphis.


The Residences at Lakeview

Longview Gardens

El Dorado

Longview Heights

Creekside Meadows

Mill Creek Apartments

The PULSE Apartments-Utilities included

Overton Place

Highland Meadows Apartments
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.

Uptown Square Apartments

Summer Trace Apartments

Indigo Riverview

The District Apartments

Belvedere Gardens Condominiums

Stone Ridge at Germantown Falls

The Park at New Castle

The Nova Apartments

Cedar Run Apartments

Tanglewood

Crossings at Fox Meadows

Fielder Square

The Chisca

Arbors of Century Center

Iris Luxury Apartments

Autumn Ridge Apartments

Addison Apartments III

Art Lofts @ Overton

South Junction Apartments

Urban Loft Co. Memphis- Utilties Included

189 Barksdale

The Park at Paisley

The Washburn

The Park at Forest Hill

The Franklin

Legacy on Lynnfield

3429 Beech Grove Rd

The Tennessee Brewery

Century Apartments

Timberline Flats

Crescent at Wolfchase Apartment Homes

Madison Gardens 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 | $1,182 | $560 | $8,000 |
Memphis 1 Bedroom Apartments | $1,324 | $525 | $6,798 |
Memphis 2 Bedroom Apartments | $1,500 | $499 | $7,650 |
Memphis 3 Bedroom Apartments | $1,930 | $740 | $10,000+ |
Memphis 4 Bedroom Apartments | $2,284 | $599 | $10,000+ |
Explore Memphis

Memphis, TN Local Guide
- Memphis Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Quick Rent Budget Calculator
How much rent can you afford?
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.
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 New Horizon - Kingsgate listed at $577.
How much is rent for a Cheap One Bedroom Memphis Apartment?
The lowest price for a Cheap One Bedroom Memphis Apartment is $550 at Scenic Hills Apartments.
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 $499 at Grainge Hill Apartments.
What is the most affordable Memphis Three Bedroom Apartment?
The best deal on a cheap Memphis Three Bedroom Apartment rental is at New Horizon - Kingsgate and starts from $827.
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.

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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.

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.