Cheap Apartments for Rent in the East Memphis Neighborhood of Memphis, TN from $300 (151 Rentals)

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

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East Memphis, Memphis, TN Local Guide

Cheapest Available East Memphis Apartments for Rent

 

The cheapest available apartment rental in the East Memphis area of Memphis, TN is a 2 Beds unit found at Grainge Hill Apartments priced from $499. 165 N Merton has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here are the most affordable East Memphis apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Grainge Hill Apartments2 Bed / 1.5 Bath2BR,1BA$499
165 N Merton1BR/1.0BA1BR,1BA$550
El Dorado1 Bedroom1BR,1BA$592
University Gardens Manor1x1 Classic1BR,1BA$659
University CrossingsBrister1BR,1BA$675
Coronado Manor1 bedroom1BR,1BA$699
Villages at Harrison Creek- 50% off 1st monthThe Willows1BR,1BA$699
Village Square2048 #21BR,1BA$725
Springdale Creek Apartments1 Bedroom1BR,1BA$728
Oak Grove FlatsStudioStudio,1BA$745

Best Value Apartments for Rent in East Memphis, TN

As of April 17, 2025 the best value apartment in the East Memphis area is the $0.43 price per square foot 4 Bedroom 4 Bath Model at Student Lofts at Brister in the in the East Memphis neighborhood starting from $800. The second greatest value East Memphis apartment is the 2/1.5 Model at Woodtrail Apartment starting at $1,025 with a $1.03 price per square foot in the East Memphis neighborhood. Here is today’s list of the best values for East Memphis apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Student Lofts at Brister4 Bedroom 4 Bath1BR,1BA$0.43
Woodtrail Apartment2/1.52BR,1.5BA$1.03
1101 S Rembert St, Unit 11011101 S Rembert St1BR,1BA$0.90
Courtyard @ Waring Park2X1 (900)2BR,1BA$0.99
Abington2 Bed / 2 Bath – Spacious Townhome2BR,1.5BA$0.89
The MarieTwo Bed2BR,1BA$0.92
Audubon DownsOne Bedroom1BR,1BA$1.01
Grainge Hill Apartments2 Bed / 1.5 Bath2BR,1.5BA$0.64
University CrossingsBrister1BR,1BA$1.04
El Dorado1 Bedroom1BR,1BA$1.02

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Pet Friendly Lifestyle
East Memphis, Memphis, TN

Ranked #7

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including East Memphis, Memphis, and the greater Memphis area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, transit availability, pet-friendly communities, apartment complexes for the kids, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap East Memphis Apartments

What is a cheap apartment in East Memphis?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in East Memphis is under $745.

What is the price of a cheap apartment in East Memphis?

The cheapest apartment in East Memphis is 165 N Merton which is listed at $550, while the average apartment in East Memphis costs $7,025.

What types of apartments are the cheapest in East 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 144 regular apartments in East 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 East Memphis?

Cheap apartments in East Memphis have an average cost of $606 which is $6,419 cheaper than the average rent for all rentals in East 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.

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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

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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.