Cheap Apartments for Rent in the Depot Neighborhood of Memphis, TN from $400 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Depot area of Memphis.

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Lapaloma Apartments
1 to 2 Bedroom Apartments

Lapaloma Apartments

1393 Lapaloma CirMemphis, TN 38114
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Edgewood Townhomes
2 Bedroom Apartments

Edgewood Townhomes

1903 S Parkway EMemphis, TN 38114
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Bantam Apartments
Studio to 1 Bedroom Apartments

Bantam Apartments

2949 Airways BlvdMemphis, TN 38131
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Crane Manor Apartments
1 to 2 Bedroom Apartments

Crane Manor Apartments

2295 Candlewyck CirMemphis, TN 38114
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Cherokee Cabana
2 Bedroom Apartments

Cherokee Cabana

3204 Sharpe RdMemphis, TN 38111
Showing Results 1-27, Page 1 of 1

Depot, Memphis, TN Local Guide

Cheapest Available Depot Apartments for Rent

 

The cheapest available apartment rental in the Depot area of Memphis, TN is a 2 Beds unit found at Grainge Hill Apartments priced from $450. El Dorado has the second lowest priced unit, which is a 1 Bed apartment currently listed from $603. Here are the most affordable Depot apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Grainge Hill Apartments2 Bed / 1.5 Bath2BR,1BA$450
El Dorado1 Bedroom1BR,1BA$603
Coronado Manor1 bedroom1BR,1BA$649
Manor Park Apartments1 Bed / 1 Bath1BR,1BA$700
Yugo Memphis Southern2 Bed, 2 Bath Classic2BR,2BA$899
Bonsai at Central GardensStudio- without Washer/DryerStudio,1BA$949
The Wendell1BR/1.0BA1BR,1BA$950

Best Value Apartments for Rent in Depot, TN

As of March 03, 2025 the best value apartment in the Depot area is the $0.84 price per square foot 570 Marianna St Model at 570 Marianna St in the in the East Memphis neighborhood starting from $1,345. The second greatest value Depot apartment is the 2315 Longstreet Dr Model at 2315 Longstreet Dr, Unit 2315 Longstreet dr starting at $1,000 with a $0.74 price per square foot in the East Memphis neighborhood. Here is today’s list of the best values for Depot apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
570 Marianna St570 Marianna St4BR,2BA$0.84
2315 Longstreet Dr, Unit 2315 Longstreet dr2315 Longstreet Dr2BR,1BA$0.74
994 Philadelphia St, Unit 994994 Philadelphia St1BR,1BA$0.77
1773 Ball Rd1773 Ball Rd3BR,1BA$1.02
Georgian Woods2x12BR,1BA$1.13
Yugo Memphis SouthernStudioStudio ,1BA$1.39
Grainge Hill Apartments2 Bed / 1.5 Bath2BR,1.5BA$0.57
Manor Park Apartments1 Bed / 1 Bath1BR,1BA$1.12
El Dorado1 Bedroom1BR,1BA$1.07
Coronado Manor1 bedroom1BR,1BA$1.16

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Pet Friendly Lifestyle
Depot, Memphis, TN

Ranked #59

Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Depot Apartments

What is the Cheapest Studio apartment in Depot?

Currently the most affordable Cheap Studio Apartment in Depot is at Bonsai at Central Gardens listed at $949.

How much is rent for a Cheap One Bedroom Depot Apartment?

The lowest price for a Cheap One Bedroom Depot Apartment is $613 at El Dorado.

What is the lowest price for a Cheap Two Bedroom Depot Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Depot is starting from $450 at Grainge Hill Apartments.

What is the most affordable Depot Three Bedroom Apartment?

The best deal on a cheap Depot Three Bedroom Apartment rental is at Manor Park Apartments and starts from $1,000.

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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What to Know About Fees and Fines When Renting

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

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How Your Move-In Inspection Can Protect Your Security Deposit

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