Apartments for Rent in Memphis, TN Under $500 (35 Rentals)

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Love Tunica
2 Bedroom Apartments

Love Tunica

1188 Tunica StMemphis, TN 38108
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3335 Henry Ave
2 Bedroom Apartments

3335 Henry Ave

3335 Henry AveMemphis, TN 38122
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2238 Howell Ave
1 to 2 Bedroom Apartments

2238 Howell Ave

2238 Howell AveMemphis, TN 38108
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Dogwood Trace
1 to 2 Bedroom Apartments

Dogwood Trace

4635 Forest Oak WayMemphis, TN 38118
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Sterling Townhomes
1 to 2 Bedroom Apartments

Sterling Townhomes

4187 Rainbranch DrMemphis, TN 38116
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Valley Forge
2 to 3 Bedroom Apartments

Valley Forge

176 Hillview AveMemphis, TN 38109
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Eden Pointe
1 to 2 Bedroom Apartments

Eden Pointe

3187-3194 E Danville CirMemphis, TN 38118
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Carriage House
1 to 3 Bedroom Apartments

Carriage House

1145 Frayser BlvdMemphis, TN 38127
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321 Pauline St
1 to 2 Bedroom Apartments

321 Pauline St

321 Pauline StMemphis, TN 38104
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Watkins Manor
1 Bedroom Apartments

Watkins Manor

2643 N Watkins StMemphis, TN 38127
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411 Tillman St
2 Bedroom Apartments

411 Tillman St

411 Tillman StMemphis, TN 38112
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610 Poplar Ave
Studio Apartments

610 Poplar Ave

610 Poplar AveMemphis, TN 38105

Memphis, TN Local Guide

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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

Frequently Asked Questions about Memphis

How much are Studio apartments in Memphis?

There are currently 104 Studio Apartments in Memphis with rent ranges from $560 to $3,214 with an average price of $1,127.

What is the current price range for One Bedroom Memphis Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Memphis ranges from $430 to $4,981 with an average monthly rent of $1,310.

What does renting a Two Bedroom Apartment in Memphis cost?

The monthly rent prices of Two Bedroom Apartments currently available in Memphis range from $400 to $7,455. Today's average rental price for Two Bedrooms here is $1,458.

How expensive are Memphis Three Bedroom Apartments?

There are currently 329 Three Bedroom Apartments listings available in Memphis on ApartmentHomeLiving.com. The pricing ranges from $719 to $8,571 - averaging $1,924 for the location.

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.

decorative image for Signing Your Apartment Lease: The Basics article

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.

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Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.

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Navigating the World of Low-Income Housing: A Comprehensive Guide

Written by: Kevin Ready

Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.