Cheap Homes for Rent in Cypress Creek Neighborhood of Memphis, TN from $500 (37 Rentals)

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Search the lowest-cost Homes available for rent right now in the Cypress Creek area of Memphis.

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Cypress Creek, Memphis, TN Local Guide

Cheapest Available Cypress Creek Apartments for Rent

 

The cheapest available apartment rental in the Cypress Creek area of Memphis, TN is a 1 Bed unit found at University Gardens Manor priced from $659. Overton Place has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable Cypress Creek apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
University Gardens Manor1x1 Classic1BR,1BA$659
Overton PlaceStudioStudio,1BA$725
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$795
Parkway Place ApartmentsStudioStudio,1BA$850
The Metropolitan and Greenlaw Place ApartmentsMetropolitan One Bedroom1BR,1BA$850
Bickford Square Apartments2BR/2BA2BR,2BA$895
Kings Reserve MemphisPeabodyStudio,1BA$900
Uptown Square Apartments1 Bedroom - Urban1BR,1BA$930
Woodglen VillageTwo Bedroom One Bathroom2BR,1BA$970
The Galloway @ Evergreen -The Evergreen2BR,1BA$999

Best Value Apartments for Rent in Cypress Creek, TN

As of April 18, 2025 the best value apartment in the Cypress Creek area is the $1.07 price per square foot Spacious Model at 1468 Snowden Ave in the in the Midtown Memphis neighborhood starting from $1,800. The second greatest value Cypress Creek apartment is the 2BR/2BA Model at Bickford Square Apartments starting at $895 with a $0.84 price per square foot in the Downtown Memphis neighborhood. Here is today’s list of the best values for Cypress Creek apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1468 Snowden AveSpacious2BR,1.5BA$1.07
Bickford Square Apartments2BR/2BA2BR,2BA$0.84
Legends Park Apartments2 Bedroom Townhouse2BR,1.5BA$1.30
Woodglen VillageTwo Bedroom One Bathroom2BR,1BA$1.09
The Galloway @ Evergreen -The Evergreen2BR,1.5BA$1.25
University Gardens ManorGold Unit2BR,1BA$1.19
The Metropolitan and Greenlaw Place ApartmentsGreenlaw 1 Bedroom Flat1BR,1BA$1.16
Uptown Square Apartments2 Bedroom - Elvis Building2BR,1BA$1.45
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$1.22
Overton PlaceStudioStudio ,1BA$1.42

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Frequently Asked Questions about Cypress Creek

What type of rentals are currently available in Cypress Creek?

There are currently 153 Apartments for Rent in Cypress Creek, TN with pricing that ranges from $659 to $6,040. There are also 94 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cypress Creek ranging from $695 to $3,100.

What is the current price range for Rental Homes in Cypress Creek?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Cypress Creek ranges from $695 to $3,100 with an average monthly rent of $1,479.

How much are larger Three and Four Bedroom Rentals in Cypress Creek?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Cypress Creek range from $1,145 to $3,305, while Three Bedroom Homes, Condos, and Townhomes for rent range from $825 to $3,100. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $6,040.

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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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.

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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.

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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.