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from $1,4821 to 3 Bedroom Apartments Available Now
Enclave at Wolfchase
1810 W Wolfchase CirCordova, TN 38016
Top Rated Cheap Apartments for Rent in Memphis, TN from $300 (111 Rentals)Page 3 of 3
Apartments in Memphis with the best features, newest construction, and richest amenities.
Search the lowest-cost Apartments available for rent right now in Memphis.
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Rent Specials
from $1,4851 to 2 Bedroom Apartments Available Now
Westbrook Crossing Apartments
525 S Shea RdCollierville, TN 38017
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1 to 3 Bedroom Apartments
The Carrington at Schilling Farms
888 Carrington Oak Ln SCollierville, TN 38017
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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 | $1,180 | $560 | $8,000 |
| Memphis 1 Bedroom Apartments | $1,325 | $200 | $6,899 |
| Memphis 2 Bedroom Apartments | $1,498 | $499 | $7,317 |
| Memphis 3 Bedroom Apartments | $1,914 | $730 | $7,834 |
| Memphis 4 Bedroom Apartments | $2,097 | $599 | $7,230 |
| Memphis 5 Bedroom Apartments | $3,697 | $1,725 | $8,350 |
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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 a cheap apartment in Memphis?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Memphis is under $617.
What is the price of a cheap apartment in Memphis?
The cheapest apartment in Memphis is Scenic Hills Apartments which is listed at $550, while the average apartment in Memphis costs $4,530.
What types of apartments are the cheapest in Memphis?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 5,371 regular apartments in Memphis that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Memphis?
Cheap apartments in Memphis have an average cost of $603 which is $3,927 cheaper than the average rent for all rentals in Memphis.
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.
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.
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.