
Cheap Homes for Rent in Frayser Neighborhood of Memphis, TN from $500 (15 Rentals)
Search the lowest-cost Homes available for rent right now in the Frayser area of Memphis.


850 N Dunlap St

907 Pearce St

962 Joseph Pl

853 Annie St

1082 Garland St

844 Leon Pl

1034 Kney St

1030 Kney St

1898 Vollintine Ave

809 Juliet Ave

820 Maury St

1760 Willow Wood Ave

1730 Gregory Ave

1020 Randle St
Frayser, Memphis, TN Local Guide

How much does it cost to rent a home in Frayser?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Frayser 2 Bedroom Homes for Rent | $969 | $595 | $1,200 |
Frayser 3 Bedroom Homes for Rent | $1,333 | $850 | $3,000 |
Frayser 4 Bedroom Homes for Rent | $1,581 | $1,195 | $1,995 |
Browse Homes for Rent in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Frayser Neighborhood of Memphis, TN.
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Frayser, Memphis, TN Local Guide
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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 |
Best Value Apartments for Rent in Frayser, TN
As of March 22, 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 |
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Frequently Asked Questions about Frayser
What type of rentals are currently available in Frayser?
There are currently 118 Apartments for Rent in Frayser, TN with pricing that ranges from $659 to $3,080. There are also 71 Single Family Homes for rent, Condos, and Townhome rentals currently available in Frayser ranging from $595 to $3,000.
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 $595 to $3,000 with an average monthly rent of $1,164.
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.