Cheap Homes for Rent in Frayser Neighborhood of Memphis, TN from $400 (12 Rentals)

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Frayser, Memphis, TN Local Guide

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 ListingModel NameBed/BathPriced From
University Gardens Manor1x1 Classic1BR,1BA$659
Renaissance at Steele1 bedroom1BR,1BA$660
Helix at the District1S1BR,1BA$750
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$795
The Metropolitan and Greenlaw Place ApartmentsGreenlaw 1 Bedroom Flat1BR,1BA$850

Best Value Apartments for Rent in Frayser, TN

As of April 27, 2025 the best value apartment in the Frayser area is the $1.47 price per square foot 2 BR Model at Court Square Apartments in the in the Downtown Memphis neighborhood starting from $1,599. The second greatest value Frayser apartment is the 2BR/2BA Model at Bickford Square Apartments starting at $895 with a $0.84 price per square foot in the Downtown Memphis neighborhood. Here is today’s list of the best values for Frayser apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Court Square Apartments2 BR2BR,2BA$1.47
Bickford Square Apartments2BR/2BA2BR,2BA$0.84
Woodglen VillageTwo Bedroom One Bathroom2BR,1BA$1.09
University Gardens ManorGold Unit2BR,1BA$1.19
The Metropolitan and Greenlaw Place ApartmentsGreenlaw 1 Bedroom Flat1BR,1BA$1.16
3071 Saint Charles Dr, Unit 203071 Saint Charles Dr2BR,1BA$0.90
Uptown Square Apartments2 Bedroom - Elvis Building2BR,1BA$1.45
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$1.22
Helix at the District1S1BR,1BA$1.36
Renaissance at Steele1 bedroom1BR,1.5BA$1.27

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Frequently Asked Questions about Frayser

What type of rentals are currently available in Frayser?

There are currently 115 Apartments for Rent in Frayser, TN with pricing that ranges from $649 to $9,000. There are also 71 Single Family Homes for rent, Condos, and Townhome rentals currently available in Frayser ranging from $495 to $2,700.

What is the current price range for Rental Homes in Frayser?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Frayser ranges from $495 to $2,700 with an average monthly rent of $1,124.

How much are larger Three and Four Bedroom Rentals in Frayser?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Frayser range from $880 to $9,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $825 to $2,700. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $1,475.

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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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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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.