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Cheap Apartments for Rent in Memphis, TN from $300 with Washer/Dryer (307 Rentals)
Search the lowest-cost Apartments available for rent right now in Memphis.
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Camelot Manor
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Edison Park
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4015 Summer Ave
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Renaissance at Steele
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The Trails at Mt. Moriah
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Mill Creek Apartments
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Creekside Meadows
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Woodtrail Apartment
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University Crossings
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Regency at Raleigh
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Weaver Fields Apartments
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Springdale Creek Apartments
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Flairwood Apartments
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Cedar Mill Apartments & Townhouses
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Country View
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The Meridian Apartments
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Ruby Oaks Apartments
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Highland Meadows Apartments
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Owens Place Townhomes
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Uptown Square Apartments
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Oakwood Meadows Estates
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The District Apartments
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Stone Ridge at Germantown Falls
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Riverdale
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Greenlaw Apartments
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Greenbrook at Shelby Farms
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Edgewater Apartments
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The Brooklyn
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Hickory Grove
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Midtown Place
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Stonebrook Apartments
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Cedarwood Apartments
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The Bowery
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Colonial Village Apartments
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Covington Hills
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Tillman Cove
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Parkway Place Apartments
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Azure Place Apartments
Memphis, TN 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 | $1,165 | $200 | $8,000 |
Memphis 1 Bedroom Apartments | $1,334 | $200 | $5,330 |
Memphis 2 Bedroom Apartments | $1,496 | $450 | $8,239 |
Memphis 3 Bedroom Apartments | $1,975 | $789 | $8,053 |
Memphis 4 Bedroom Apartments | $2,278 | $599 | $6,780 |
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 $430 at Sonesta Simply Suites Memphis - Extended Stay.
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 $450 at Bridgeport Manor.
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.
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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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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.
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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.