
Cheap Apartments for Rent in the Mud Island Neighborhood of Memphis, TN from $600 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mud Island area of Memphis.


Greenlaw Apartments

The Metropolitan and Greenlaw Place Apartments

Bickford Square Apartments

Fielder Square

Conwood Flats

Urban Loft Co. Memphis- Utilties Included

Downtown Memphis Flats

Riverset Apartments
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.

The Estates at River Pointe

602 N Main St

604 N Main St

440 N Front St

205 Reno Ave
Mud Island, Memphis, TN Local Guide

How much does it cost to rent an apartment in Mud Island?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Mud Island Studio Apartments | $1,583 | $760 | $3,826 |
Mud Island 1 Bedroom Apartments | $1,551 | $805 | $6,814 |
Mud Island 2 Bedroom Apartments | $1,864 | $795 | $6,068 |
Mud Island 3 Bedroom Apartments | $2,295 | $1,555 | $3,171 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 1 mile radius of the Mud Island Neighborhood of Memphis, TN.
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Mud Island, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
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Cheapest Available Mud Island Apartments for Rent
 The cheapest available apartment rental in the Mud Island area of Memphis, TN is a 2 Beds unit found at Greenlaw Apartments priced from $795. The Metropolitan and Greenlaw Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Mud Island apartments for rent in Memphis, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $795 |
The Metropolitan and Greenlaw Place Apartments | Metropolitan One Bedroom | 1BR,1BA | $850 |
Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $895 |
Uptown Square Apartments | 1 Bedroom - Urban | 1BR,1BA | $930 |
Fielder Square | E2 Studio | Studio,1BA | $942 |
Best Value Apartments for Rent in Mud Island, TN
As of April 17, 2025 the best value apartment in the Mud Island 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 Mud Island 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 Mud Island 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 |
Belle Harbour Apartments | A4 | 1BR,1BA | $1.70 |
The Estates at River Pointe | B1 | 1BR,1BA | $1.66 |
Downtown Memphis Flats | Main Street 1 Bedroom, 1.5 Bathroom | 1BR,1BA | $1.63 |
Island Park/Harbor Town Square | A1A (1x1 Island Park ) | 1BR,1BA | $1.60 |
The Metropolitan and Greenlaw Place Apartments | Greenlaw 1 Bedroom Flat | 1BR,1BA | $1.16 |
Uptown Square Apartments | 2 Bedroom - Elvis Building | 2BR,1BA | $1.45 |
Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $1.22 |
Riverset Apartments | A1 - Elm | 1BR,1BA | $1.75 |
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Pet Friendly LifestyleMud Island, Memphis, TN
Ranked #39
Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Mud Island Neighborhood in Memphis, TN
Walk Score®
48 / 100
Car-Dependent
Most errands require a car
Bike Score®
44 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
53 / 100
Good Transit
Many 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 Mud Island Apartments
What is the Cheapest Studio apartment in Mud Island?
Currently the most affordable Cheap Studio Apartment in Mud Island is at Fielder Square listed at $942.
How much is rent for a Cheap One Bedroom Mud Island Apartment?
The lowest price for a Cheap One Bedroom Mud Island Apartment is $850 at The Metropolitan and Greenlaw Place Apartments.
What is the lowest price for a Cheap Two Bedroom Mud Island Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Mud Island is starting from $795 at Greenlaw Apartments.
What is the most affordable Mud Island Three Bedroom Apartment?
The best deal on a cheap Mud Island Three Bedroom Apartment rental is at The Estates at River Pointe and starts from $2,005.
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.

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.

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.