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Cheap Apartments for Rent in the University District Memphis, TN from $300 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the University District area of Memphis.
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Rent Specials
from $8501 Bedroom Apartments Available Now
Tiger Estates
3875 Spottswood AveMemphis, TN 38111
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45-47 S Humes St
MemphisTN38111
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from $8951 Bedroom Apartments Available Now
The Landing on the Strip
461 S Highland StMemphis, TN 38111
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187 Eastview Dr
MemphisTN38111
3381 Walnut Grove Rd
MemphisTN38111
3089 Waynoka Ave
MemphisTN38111
123 Eastview Dr
MemphisTN38111
3585 Watauga Ave
MemphisTN38111
480 S Holmes St
MemphisTN38111
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3117 Yale Ave
MemphisTN38112
Showing Results 1-20, Page 1 of 1
University District, Memphis, TN Local Guide
How much does it cost to rent an apartment in University District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University District Studio Apartments | $1,238 | $1,050 | $1,656 |
| University District 1 Bedroom Apartments | $1,235 | $839 | $1,872 |
| University District 2 Bedroom Apartments | $1,581 | $810 | $3,009 |
| University District 3 Bedroom Apartments | $1,573 | $730 | $2,655 |
| University District 4 Bedroom Apartments | $1,527 | $599 | $3,140 |
Browse Apartments in this Neighborhood
There are currently 20 rentals with your search options within a 1 mile radius of the University District Neighborhood of Memphis, TN.
See all Apartments in MemphisExplore Memphis
University District, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
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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 $839. Here are the most affordable University District apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Marie | Two Bed | 2BR,1BA | $813 |
| Tillman Cove | 1 Bedroom 1 Bathroom | 1BR,1BA | $839 |
| Tiger Estates | Entire Home 4 bedroom/4bath | 1BR,1BA | $850 |
| The Landing on the Strip | 1 Bed 1 Bath | 1BR,1BA | $895 |
| Yugo Memphis Southern | 2 Bed, 2 Bath Classic | 2BR,2BA | $899 |
Best Value Apartments for Rent in University District, TN
As of March 23, 2025 the best value apartment in the University District area is the $1.35 price per square foot Kiwi - 2x1 Model at Kiwi and Goji Apartments in the in the East Memphis neighborhood starting from $1,486. The second greatest value University District apartment is the Kiwi - 2x1 Model at Kiwi & Goji starting at $1,486 with a $1.35 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Kiwi and Goji Apartments | Kiwi - 2x1 | 2BR,1BA | $1.35 |
| Kiwi & Goji | Kiwi - 2x1 | 2BR,1BA | $1.35 |
| Georgian Woods | 2x1 | 2BR,1BA | $1.17 |
| The Marie | Two Bed | 2BR,1BA | $0.92 |
| Yugo Memphis Southern | Studio | Studio ,1BA | $1.39 |
| Nine At Memphis | 2Bed / 2Bath A | 2BR,2BA | $1.11 |
| The Tower at Kent | 1 Bedroom / 1 Bathroom Platinum | 1BR,1BA | $1.55 |
| Tillman Cove | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.52 |
| The Landing on the Strip | 1 Bed 1 Bath | 1BR,1BA | $1.63 |
| Tiger Estates | Entire Home 4 bedroom/4bath | 1BR,1BA | $1.89 |
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Pet Friendly LifestyleUniversity District, Memphis, TN
Ranked #60
Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap University District Apartments
What is a cheap apartment in University District?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University District is under $1,053.
What is the price of a cheap apartment in University District?
The cheapest apartment in University District is Tillman Cove which is listed at $839, while the average apartment in University District costs $10,050.
What types of apartments are the cheapest in University District?
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 2,849 regular apartments in University District 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 University District?
Cheap apartments in University District have an average cost of $1,288 which is $8,762 cheaper than the average rent for all rentals in University District.
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.
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.
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.