Cheap Homes for Rent in North Memphis Neighborhood of Memphis, TN from $400 (42 Rentals)

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Cheap Homes in the North Memphis area of Memphis.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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.

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North Memphis, Memphis, TN Local Guide

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 University Gardens Manor priced from $659. Villages at Harrison Creek- 50% off 1st month has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here are the most affordable North Memphis apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
University Gardens Manor1x1 Classic1BR,1BA$659
Villages at Harrison Creek- 50% off 1st monthThe Willows1BR,1BA$699
Overton PlaceStudioStudio,1BA$725
Springdale Creek Apartments1 Bedroom1BR,1BA$728
Helix at the District1S1BR,1BA$750
Belvedere Gardens Condominiums1x1 Bath1BR,1BA$775
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$795
Edison ParkOne Bedroom Garden SouthStudio,1BA$825
The Metropolitan and Greenlaw Place ApartmentsGreenlaw 1 Bedroom Flat1BR,1BA$850
Park TerraceStudioStudio,1BA$850

Best Value Apartments for Rent in North Memphis, TN

As of May 01, 2025 the best value apartment in the North Memphis area is the $0.80 price per square foot 315 Stonewall St Model at 315 Stonewall St, Unit 311 Stonewall in the in the Midtown Memphis neighborhood starting from $1,999. The second greatest value North Memphis apartment is the Spacious Model at 1468 Snowden Ave starting at $1,500 with a $0.89 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 ListingModel NameBed/BathPrice Per Sq.Ft.
315 Stonewall St, Unit 311 Stonewall315 Stonewall St3BR,2.5BA$0.80
1468 Snowden AveSpacious2BR,1.5BA$0.89
Chickasaw at The Greenline2 bedroom, 2 bathroom Upstairs, Renovated2BR,2BA$1.15
1742 N Parkway, Unit 17421742 N Parkway3BR,1BA$1.07
Stonewall Apartments2 Bed 1.5 Bath2BR,1.5BA$0.81
Bickford Square Apartments2BR/2BA2BR,2BA$0.84
High Point Apartments2B2BR,1BA$1.10
Macon CrossingB12BR,1BA$1.14
The Metropolitan and Greenlaw Place ApartmentsGreenlaw 1 Bedroom Flat1BR,1BA$1.16
Springdale Creek Apartments1 Bedroom1BR,1BA$1.04

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Frequently Asked Questions about North Memphis

What type of rentals are currently available in North Memphis?

There are currently 382 Apartments for Rent in North Memphis, TN with pricing that ranges from $525 to $7,340. There are also 160 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Memphis ranging from $495 to $3,500.

What is the current price range for Rental Homes in North Memphis?

Today's rental pricing for Homes for Rent, Condos and Townhomes in North Memphis ranges from $495 to $3,500 with an average monthly rent of $1,840.

How much are larger Three and Four Bedroom Rentals in North Memphis?

For those who are looking for larger living arrangements, Three Bedroom Apartments in North Memphis range from $940 to $3,007, while Three Bedroom Homes, Condos, and Townhomes for rent range from $825 to $3,100. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $1,285.

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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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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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.

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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.