close
View Me
from $6591 to 2 Bedroom Apartments Available Now
University Gardens Manor
2059 N Cabana CirMemphis, TN 38107
Cheap Apartments for Rent in the Frayser Neighborhood of Memphis, TN from $300 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Frayser area of Memphis.
close
View Me
from $6601 to 3 Bedroom Apartments Available Now
Renaissance at Steele
3157 Steele StMemphis, TN 38127
966 Leon Pl
MemphisTN38107
close
View Me
from $7501 to 3 Bedroom Apartments Available Now
Helix at the District
141 Manassas StMemphis, TN 38105
close
View Me
from $760Studio to 3 Bedroom Apartments Available Now
Uptown Square Apartments
252 N Lauderdale StMemphis, TN 38105
close
View Me
Rent Specials
from $7952 Bedroom Apartments Contact Us For Availability
Greenlaw Apartments
267 Greenlaw AveMemphis, TN 38105
close
View Me
from $8952 Bedroom Apartments Available Now
Bickford Square Apartments
281 Bickford AveMemphis, TN 38107
close
View Me
from $900Studio to 3 Bedroom Apartments Available Now
Kings Reserve Memphis
1550 N ParkwayMemphis, TN 38112
close
View Me
from $9002 Bedroom Apartment Available Now
1148 Decatur St, Unit 1148 DECATUR
1148 Decatur StMemphis, TN 38107
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Showing Results 1-28, Page 1 of 1
Frayser, Memphis, TN Local Guide
How much does it cost to rent an apartment in Frayser?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Frayser Studio Apartments | $1,166 | $760 | $1,656 |
| Frayser 1 Bedroom Apartments | $1,328 | $659 | $2,220 |
| Frayser 2 Bedroom Apartments | $1,689 | $709 | $3,009 |
| Frayser 3 Bedroom Apartments | $1,752 | $880 | $3,030 |
Browse Apartments in this Neighborhood
There are currently 28 rentals with your search options within a 2 mile radius of the Frayser Neighborhood of Memphis, TN.
See all Apartments in MemphisExplore Memphis
Frayser, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Frayser Apartments for Rent
The cheapest available apartment rental in the Frayser area of Memphis, TN is a 1 Bed unit found at University Gardens Manor priced from $659. Renaissance at Steele has the second lowest priced unit, which is a 1 Bed apartment currently listed from $660. Here are the most affordable Frayser apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Gardens Manor | 1x1 Classic | 1BR,1BA | $659 |
| Renaissance at Steele | 1 bedroom | 1BR,1BA | $660 |
| Helix at the District | 1S | 1BR,1BA | $750 |
| Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $795 |
| The Kendall | 2BR/1.0BA | 2BR,1BA | $813 |
| 2724 Chatsworth St | 2724 Chatsworth St | 2BR,1BA | $875 |
| Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $895 |
| Kings Reserve Memphis | Peabody | Studio,1BA | $900 |
| Studio Rasa | Efficiency | Studio,1BA | $925 |
Best Value Apartments for Rent in Frayser, TN
As of March 23, 2025 the best value apartment in the Frayser area is the $0.84 price per square foot 2BR/2BA Model at Bickford Square Apartments in the in the Downtown Memphis neighborhood starting from $895. The second greatest value Frayser apartment is the 759 Olympic St Model at 759 Olympic St starting at $1,145 with a $1.14 price per square foot in the North Memphis neighborhood. Here is today’s list of the best values for Frayser apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $0.84 |
| 759 Olympic St | 759 Olympic St | 3BR,2BA | $1.14 |
| Woodglen Village | Two Bedroom One Bathroom | 2BR,1BA | $1.26 |
| 1148 Decatur St, Unit 1148 DECATUR | 1148 Decatur St | 2BR,1BA | $1.06 |
| 2724 Chatsworth St | 2724 Chatsworth St | 2BR,1BA | $1.07 |
| University Gardens Manor | Gold Unit | 2BR,1BA | $1.19 |
| Uptown Square Apartments | 2 Bedroom - Elvis Building | 2BR,1BA | $1.45 |
| The Kendall | 2BR/1.0BA | 2BR,1BA | $1.22 |
| Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $1.22 |
| Renaissance at Steele | 1 bedroom | 1BR,1.5BA | $1.27 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Frayser area?
If you’re an expert on all things Frayser, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleFrayser, Memphis, TN
Ranked #83
Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Getting Around the Frayser Neighborhood in Memphis, TN
Walk Score®
38 / 100
Car-Dependent
Most errands require a car
Bike Score®
40 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
26 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Frayser Apartments
What is a cheap apartment in Frayser?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Frayser is under $925.
What is the price of a cheap apartment in Frayser?
The cheapest apartment in Frayser is University Gardens Manor which is listed at $659, while the average apartment in Frayser costs $1,555.
What types of apartments are the cheapest in Frayser?
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 2,082 regular apartments in Frayser 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 Frayser?
Cheap apartments in Frayser have an average cost of $658 which is $897 cheaper than the average rent for all rentals in Frayser.
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.
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.
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.
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.
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.