Cheap Apartments for Rent in the University District Memphis, TN from $300 (19 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
411 Tillman St
2 Bedroom Apartments

411 Tillman St

411 Tillman StMemphis, TN 38112
close
View Me
Campus View
1 to 2 Bedroom Apartments

Campus View

3606 Walker AveMemphis, TN 38111
Utilities inc.
close
View Me
Serenity at Highland
Studio to 1 Bedroom Apartments

Serenity at Highland

400 S Highland StMemphis, TN 38111
Senior Living
Utilities inc.
close
View Me
Eastern Heights
1 to 3 Bedroom Apartments

Eastern Heights

281 Johnson Cir WMemphis, TN 38112
close
View Me
3381 Walnut Grove Rd
$8001 Bedroom, 1 Bath RentalsAvailable Now

3381 Walnut Grove Rd

Memphis, TN 38111
View Details

University District, Memphis, TN Local Guide

Cheapest Available University District Apartments for Rent

 

The cheapest available apartment rental in the University District area of Memphis, TN is a 2 Beds unit found at The Marie priced from $813. Tillman Cove has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable University District apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
The MarieTwo Bed2BR,1BA$813
Tillman Cove1 Bedroom 1 Bathroom1BR,1BA$850
The Landing on the StripApartment1BR,1BA$895
The Tower at Kent1 Bedroom / 1 Bathroom Silver1BR,1BA$895
Yugo Memphis Southern2 Bed, 2 Bath Classic2BR,2BA$899

Best Value Apartments for Rent in University District, TN

As of February 27, 2025 the best value apartment in the University District area is the $1.36 price per square foot Kiwi - 2x1 Model at Kiwi and Goji Apartments in the in the East Memphis neighborhood starting from $1,499. The second greatest value University District apartment is the Kiwi - 2x1 Model at Kiwi & Goji starting at $1,499 with a $1.36 price per square foot in the East Memphis neighborhood. Here is today’s list of the best values for University District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Kiwi and Goji ApartmentsKiwi - 2x12BR,1BA$1.36
Kiwi & GojiKiwi - 2x12BR,1BA$1.36
Hollywood Square2BD/1BA Downstairs2BR,1BA$1.10
Greenline Apartments2BR Lg Kit2BR,1BA$1.24
Georgian Woods2x12BR,1BA$1.13
Tillman Cove2 Bedroom 2 Bathroom2BR,2BA$1.35
The MarieTwo Bed2BR,1BA$0.92
Yugo Memphis SouthernStudioStudio ,1BA$1.39
Nine At Memphis2Bed / 2Bath A2BR,2BA$1.01
The Tower at Kent1 Bedroom / 1 Bathroom Platinum1BR,1BA$1.55

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
University District, Memphis, TN

Ranked #58

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap University District Apartments

What is the Cheapest Studio apartment in University District?

Currently the most affordable Cheap Studio Apartment in University District is at Element at Midtown listed at $1,050.

How much is rent for a Cheap One Bedroom University District Apartment?

The lowest price for a Cheap One Bedroom University District Apartment is $850 at Tillman Cove.

What is the lowest price for a Cheap Two Bedroom University District Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in University District is starting from $813 at The Marie.

What is the most affordable University District Three Bedroom Apartment?

The best deal on a cheap University District Three Bedroom Apartment rental is at Hollywood Square and starts from $1,150.

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.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

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.

decorative image for Signing Your Apartment Lease: The Basics article

Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.