close
View Me
from $1,379Studio Apartment Available Now
Furnished Studio-Memphis - Wolfchase Galleria
2520 Horizon Lake DrMemphis, TN 38133
Cheap Studio Apartments for Rent in Memphis, TN from $560 (79 Rentals)Page 2 of 2
close
View Me
Rent Specials
from $1,430Studio Apartments Available Apr 22
The Citizen Apartments
1835 Union AveMemphis, TN 38104
close
View Me
Rent Specials
from $1,455Studio Apartments Available May 14
Parcels at Concourse
1350 Concourse AveMemphis, TN 38104
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Rent Specials
from $1,209Studio Apartments Available Now
Siegel Select Bartlett
7380 Stage RdBartlett, TN 38133
close
View Me
Rent Specials
from $1,363Studio Apartments Available Now
Velo Shelby Farms
599 Velo DrCordova, TN 38018
close
View Me
Rent Specials
from $1,395Studio Apartments Available Now
Springs at Colonial
2925 Countrywood PkyCordova, TN 38016
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 | $1,150 | $560 | $3,826 |
| Memphis 1 Bedroom Apartments | $1,328 | $200 | $6,814 |
| Memphis 2 Bedroom Apartments | $1,518 | $499 | $7,294 |
| Memphis 3 Bedroom Apartments | $1,923 | $730 | $7,875 |
| Memphis 4 Bedroom Apartments | $2,123 | $599 | $7,180 |
| Memphis 5 Bedroom Apartments | $3,718 | $1,690 | $8,200 |
Explore Memphis
Let everyone know!
Do you know the Memphis area?
If you’re an expert on all things Memphis, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 $616.
What is the price of a cheap apartment in Memphis?
The cheapest apartment in Memphis is New Horizon - Kingsgate which is listed at $577, while the average apartment in Memphis costs $4,537.
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 5,343 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 $3,934 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.
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.
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.