Cheap Apartments for Rent in the Downtown Memphis Neighborhood of Memphis, TN from $500 (62 Rentals)

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

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April Woods
2 to 3 Bedroom Apartments

April Woods

262 Chelsea AveMemphis, TN 38107
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Crescent Bluff II
1 to 2 Bedroom Apartments

Crescent Bluff II

10 E Virginia AveMemphis, TN 38106
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Crescent Bluff
1 Bedroom Apartments

Crescent Bluff

25 E Virginia AveMemphis, TN 38106
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The Kendall
2 Bedroom Apartments

The Kendall

1018 N 7th StMemphis, TN 38107
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Pontotoc Gardens
3 Bedroom Apartments

Pontotoc Gardens

537-539 Pontotoc AveMemphis, TN 38126
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Greenlaw Apartments
Rent Specials
2 Bedroom Apartments

Greenlaw Apartments

234 Greenlaw AveMemphis, TN 38105
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2nd Street Flats
1 to 3 Bedroom Apartments

2nd Street Flats

362 S 2nd StMemphis, TN 38103
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Uptown Flats
Rent Specials
1 to 3 Bedroom Apartments

Uptown Flats

627 N Main StMemphis, TN 38107
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Patterson Flats
1 Bedroom Apartments

Patterson Flats

259 E Butler AveMemphis, TN 38126
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Jefferson Place
1 to 2 Bedroom Apartments

Jefferson Place

560 S Jefferson PlMemphis, TN 38105
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Hope Heights Tower
Studio Apartments

Hope Heights Tower

383 Madison AveMemphis, TN 38103
Senior Living
Showing Results 1-50, Page 1 of 2

Downtown Memphis, Memphis, TN Local Guide

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Pet Friendly Lifestyle
Downtown Memphis, Memphis, TN

Ranked #12

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

Pet Friendliness Lifestyle Score

4.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in areas across the United States including Downtown Memphis, Memphis, and the greater Memphis area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and easy access to the parks, transit availability, pet-friendly communities, family-friendliness, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Downtown Memphis Apartments

What is the Cheapest Studio apartment in Downtown Memphis?

Currently the most affordable Cheap Studio Apartment in Downtown Memphis is at Edison Park listed at $765.

How much is rent for a Cheap One Bedroom Downtown Memphis Apartment?

The lowest price for a Cheap One Bedroom Downtown Memphis Apartment is $725 at HELIX at the District.

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

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Memphis is starting from $795 at Greenlaw Apartments.

What is the most affordable Downtown Memphis Three Bedroom Apartment?

The best deal on a cheap Downtown Memphis Three Bedroom Apartment rental is at Linden Yards Apartments and starts from $975.

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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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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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.

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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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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.