Cheap Apartments for Rent in the Mud Island Neighborhood of Memphis, TN from $600 (18 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Mud Island area of Memphis.

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April Woods
2 to 3 Bedroom Apartments

April Woods

262 Chelsea AveMemphis, TN 38107
  • Utilities Included
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Burkle and Main
2 to 4 Bedroom Apartments

Burkle and Main

812 N Main StMemphis, TN 38107

Mud Island, Memphis, TN Local Guide

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 ListingModel NameBed/BathPriced From
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$795
The Metropolitan and Greenlaw Place ApartmentsMetropolitan One Bedroom1BR,1BA$850
Bickford Square Apartments2BR/2BA2BR,2BA$895
Uptown Square Apartments1 Bedroom - Urban1BR,1BA$930
Fielder SquareE2 StudioStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Court Square Apartments2 BR2BR,2BA$1.47
Bickford Square Apartments2BR/2BA2BR,2BA$0.84
Belle Harbour ApartmentsA41BR,1BA$1.70
The Estates at River PointeB11BR,1BA$1.66
Downtown Memphis FlatsMain Street 1 Bedroom, 1.5 Bathroom1BR,1BA$1.63
Island Park/Harbor Town SquareA1A (1x1 Island Park )1BR,1BA$1.60
The Metropolitan and Greenlaw Place ApartmentsGreenlaw 1 Bedroom Flat1BR,1BA$1.16
Uptown Square Apartments2 Bedroom - Elvis Building2BR,1BA$1.45
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$1.22
Riverset ApartmentsA1 - Elm1BR,1BA$1.75

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Pet Friendly Lifestyle
Mud Island, Memphis, TN

Ranked #39

Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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

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.

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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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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.

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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.