
Cheap Homes for Rent in Frayser Neighborhood of Memphis, TN from $400 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Frayser area of Memphis.


2507 Staten Ave

850 N DUNLAP St

826 N Dunlap St

907 PEARCE St

853 Annie St

838 Leon Pl

823 N Dunlap St

1082 Garland St

844 Leon Pl
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

1983 Hubert Ave

2204 Lyon Ave
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 | $940 | $595 | $1,315 |
Frayser 3 Bedroom Homes for Rent | $1,302 | $825 | $2,700 |
Frayser 4 Bedroom Homes for Rent | $1,526 | $1,000 | $1,995 |
Browse Homes for Rent in this Neighborhood
There are currently 12 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 Metropolitan and Greenlaw Place Apartments | Greenlaw 1 Bedroom Flat | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Court Square Apartments | 2 BR | 2BR,2BA | $1.47 |
Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $0.84 |
Woodglen Village | Two Bedroom One Bathroom | 2BR,1BA | $1.09 |
University Gardens Manor | Gold Unit | 2BR,1BA | $1.19 |
The Metropolitan and Greenlaw Place Apartments | Greenlaw 1 Bedroom Flat | 1BR,1BA | $1.16 |
3071 Saint Charles Dr, Unit 20 | 3071 Saint Charles Dr | 2BR,1BA | $0.90 |
Uptown Square Apartments | 2 Bedroom - Elvis Building | 2BR,1BA | $1.45 |
Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $1.22 |
Helix at the District | 1S | 1BR,1BA | $1.36 |
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 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.

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.

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.

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.

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.