Cheap Homes for Rent in Northeast Memphis Neighborhood of Memphis, TN from $800 (87 Rentals)

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Search the lowest-cost Homes available for rent right now in the Northeast Memphis area of Memphis.

property at 971 June Rd

971 June Rd, Unit 4

971 June Rd
MemphisTN38119
property at 3580 Bruton Pl

3580 Bruton Pl

MemphisTN38135
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Northeast Memphis, Memphis, TN Local Guide

Cheapest Available Northeast Memphis Apartments for Rent

 

The cheapest available apartment rental in the Northeast Memphis area of Memphis, TN is a Studio unit found at Oak Grove Flats priced from $745. Edgewater Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here are the most affordable Northeast Memphis apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Oak Grove FlatsStudioStudio,1BA$745
Edgewater Apartments1BR/1BA1BR,1BA$799
Greenbrook at Shelby FarmsSycamore1BR,1BA$844
Avery Park Apartments2X12BR,1BA$845
Deerfield Apartments1.11BR,1BA$850
Covington Hills1 BR renovated1BR,1BA$850
Brentwood Apartments1x1 Classic1BR,1BA$850
Summer Trace ApartmentsThe Bonelli2BR,1BA$855
Tanglewood1 Bedroom1BR,1BA$869
The Stella ApartmentsColumbus - 1 Bed, 1 Bath1BR,1BA$870

Best Value Apartments for Rent in Northeast Memphis, TN

As of April 15, 2025 the best value apartment in the Northeast Memphis area is the $0.85 price per square foot 4 Bed, 3 Bath Model at Sunridge Townhomes in the in the Raleigh neighborhood starting from $1,795. The second greatest value Northeast Memphis apartment is the Two bedroom x 1.5 Bath Model at Ridgeway Commons Townhomes starting at $1,275 with a $0.98 price per square foot in the Germantown neighborhood. Here is today’s list of the best values for Northeast Memphis apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sunridge Townhomes4 Bed, 3 Bath4BR,3BA$0.85
Ridgeway Commons TownhomesTwo bedroom x 1.5 Bath2BR,1.5BA$0.98
Poplar Place TownhomesLennox2BR,1.5BA$0.99
The Meridian Apartments3 Bed 2 Bath3BR,2BA$0.91
The Stella ApartmentsMagellan - 2 Bed, 2 Bath2BR,2BA$1.12
The Glen Townhomes2 BD2BR,1.5BA$1.02
Summer Trace ApartmentsThe Bonelli2BR,1BA$1.07
Meadows of Memphis Apartments1 Bedroom 1 Bathroom1BR,1BA$1.10
Avery Park Apartments2X12BR,1BA$1.10
Edgewater Apartments1BR/1BA1BR,1BA$1.07

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Frequently Asked Questions about Northeast Memphis

What type of rentals are currently available in Northeast Memphis?

There are currently 152 Apartments for Rent in Northeast Memphis, TN with pricing that ranges from $745 to $8,000. There are also 607 Single Family Homes for rent, Condos, and Townhome rentals currently available in Northeast Memphis ranging from $950 to $6,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Northeast Memphis ranges from $950 to $6,500 with an average monthly rent of $2,371.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Northeast Memphis range from $995 to $7,184, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $2,750. Four Bedroom Single-Family rentals are also available starting from $1,595 and Four Bedroom Apartments start at $1,550.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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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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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

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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.