Cheap Apartments for Rent in the East Memphis Neighborhood of Memphis, TN from $300 (139 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 $450. 4015 Summer Ave 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$450
4015 Summer AveOne1BR,1BA$550
165 N Merton1BR/1.0BA1BR,1BA$550
El Dorado1 Bedroom1BR,1BA$619
Coronado Manor1 bedroom1BR,1BA$649
University Gardens Manor1x1 Classic1BR,1BA$659
Forrest CoveTwo Bedroom2BR,1BA$695
Village Square2048 #21BR,1BA$695
Villages at Harrison Creek- 50% off 1st monthThe Willows1BR,1BA$699

Best Value Apartments for Rent in East Memphis, TN

As of February 26, 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 2006 Felix Ave Model at 2006 Felix Ave, Unit 1 starting at $700 with a $0.40 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
2006 Felix Ave, Unit 12006 Felix Ave1BR,1BA$0.40
2315 Longstreet Dr, Unit 2315 Longstreet dr2315 Longstreet Dr2BR,1BA$0.74
994 Philadelphia St, Unit 994994 Philadelphia St1BR,1BA$0.77
Summer Oaks Apartments2 Beds, 1 bath2BR,1BA$0.81
The Abington2 Bedroom 2 Bathroom2BR,1.5BA$0.89
University CrossingsUniversity Highlands 2/12BR,1BA$0.88
Forrest CoveTwo Bedroom2BR,1BA$0.87
Grainge Hill Apartments2 Bed / 1.5 Bath2BR,1.5BA$0.57
4015 Summer AveOne1BR,1BA$0.88

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Pet Friendly Lifestyle
East Memphis, Memphis, TN

Ranked #6

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 the Cheapest Studio apartment in East Memphis?

Currently the most affordable Cheap Studio Apartment in East Memphis is at The Gilmore listed at $738.

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

The lowest price for a Cheap One Bedroom East Memphis Apartment is $550 at 4015 Summer Ave.

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

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

What is the most affordable East Memphis Three Bedroom Apartment?

The best deal on a cheap East Memphis Three Bedroom Apartment rental is at Springdale Creek Apartments and starts from $940.

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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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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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

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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.