
Cheap Apartments for Rent in the North Memphis Neighborhood of Memphis, TN from $300 (79 Rentals)
Search the lowest-cost Apartments available for rent right now in the North Memphis area of Memphis.


University Gardens Manor

410-412 N Bellevue Blvd

Villages at Harrison Creek- 50% off 1st month

The PULSE Apartments-Utilities included

Overton Place

Springdale Creek Apartments

Indigo Riverview

Helix at the District

966 Leon Pl

Uptown Square Apartments

3268 Powell Ave

The Drew @ Medical District

Greenlaw Apartments

Parkway Place Apartments

The Metropolitan and Greenlaw Place Apartments

Parkside Poplar Apartments

Belvedere Gardens Condominiums

Bickford Square Apartments

129 Stonewall St

Kings Reserve Memphis

528 East Dr

1148 Decatur St, Unit 1148 DECATUR

227 N Willett St

High Point Apartments

Eleven60

Fielder Square

The Galloway @ Evergreen -

Art Lofts @ Overton

1931 Mignon Ave

1426 Hyde Pk Blvd

696 N Hollywood St, Unit 1
North Memphis, Memphis, TN Local Guide

How much does it cost to rent an apartment in North Memphis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
North Memphis Studio Apartments | $1,232 | $560 | $4,012 |
North Memphis 1 Bedroom Apartments | $1,407 | $525 | $7,018 |
North Memphis 2 Bedroom Apartments | $1,684 | $750 | $6,139 |
North Memphis 3 Bedroom Apartments | $1,967 | $940 | $3,140 |
North Memphis 4 Bedroom Apartments | $4,945 | $3,650 | $7,240 |
Browse Apartments in this Neighborhood
There are currently 79 rentals with your search options within a 2 mile radius of the North Memphis Neighborhood of Memphis, TN.
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North Memphis, Memphis, TN Local Guide
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Cheapest Available North Memphis Apartments for Rent
 The cheapest available apartment rental in the North Memphis area of Memphis, TN is a 1 Bed unit found at 4015 Summer Ave priced from $550. University Gardens Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $659. Here are the most affordable North Memphis apartments for rent in Memphis, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
4015 Summer Ave | One | 1BR,1BA | $550 |
University Gardens Manor | 1x1 Classic | 1BR,1BA | $659 |
Villages at Harrison Creek- 50% off 1st month | The Willows | 1BR,1BA | $699 |
Overton Place | Studio | Studio,1BA | $725 |
Springdale Creek Apartments | 1 Bedroom | 1BR,1BA | $728 |
Indigo Riverview | Emory | Studio,1BA | $742 |
Summer Oaks Apartments | 2 Beds, 1 bath | 2BR,1BA | $750 |
Helix at the District | 1S | 1BR,1BA | $750 |
Edison Park | One Bedroom High-Rise | Studio,1BA | $765 |
The Drew @ Medical District | One Bed | 1BR,1BA | $790 |
Best Value Apartments for Rent in North Memphis, TN
As of March 28, 2025 the best value apartment in the North Memphis area is the $1.04 price per square foot 2 Bed/2 Bath Model at The Avalon in the in the Midtown Memphis neighborhood starting from $1,250. The second greatest value North Memphis apartment is the 2 Bed 1.5 Bath Model at Stonewall Apartments starting at $895 with a $0.81 price per square foot in the Midtown Memphis neighborhood. Here is today’s list of the best values for North Memphis apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Avalon | 2 Bed/2 Bath | 2BR,2BA | $1.04 |
Stonewall Apartments | 2 Bed 1.5 Bath | 2BR,1.5BA | $0.81 |
Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $0.84 |
High Point Apartments | 2B | 2BR,1BA | $1.10 |
Summer Oaks Apartments | 2 Beds, 1 bath | 2BR,1BA | $0.81 |
696 N Hollywood St, Unit 1 | 696 N Hollywood St | 2BR,1BA | $1.10 |
1148 Decatur St, Unit 1148 DECATUR | 1148 Decatur St | 2BR,1BA | $1.06 |
Parkside Poplar Apartments | 1 Bedroom | 1BR,1BA | $1.05 |
Springdale Creek Apartments | 1 Bedroom | 1BR,1BA | $1.04 |
4015 Summer Ave | One | 1BR,1BA | $0.88 |
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Pet Friendly LifestyleNorth Memphis, Memphis, TN
Ranked #9
Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
Our team compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in metropolitan areas across the United States including North Memphis, Memphis, and the greater Memphis area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, pet-friendly features, places that make kids happy, proximity to transit, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap North Memphis Apartments
What is a cheap apartment in North Memphis?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in North Memphis is under $790.
What is the price of a cheap apartment in North Memphis?
The cheapest apartment in North Memphis is 4015 Summer Ave which is listed at $550, while the average apartment in North Memphis costs $6,420.
What types of apartments are the cheapest in North Memphis?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 143 regular apartments in North Memphis that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in North Memphis?
Cheap apartments in North Memphis have an average cost of $486 which is $5,934 cheaper than the average rent for all rentals in North Memphis.
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.

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.

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.