All Filters
Price
Beds

Select two tiles for min/max range

Baths
Home Type
Home Styles
Specialty Housing

Housing Type

Additional Specialties

Pet Policy
Move-In Date
Popular Amenities
Square Feet
to

Rating
Show Only
Keyword

Searching for student living options?

Select your school and find the perfect place nearby or on-campus.

All Universities
Pricing Type
Amenities
Clear
Nearby
Nearby

Cheap Apartments for Rent in Memphis TN - 1,294 Rentals

Cheap Apartments for Rent in Memphis, TN

You can find a terrific Memphis, TN apartment on a tight budget. Apartments.com has cheap apartments in Memphis so you can find the perfect affordable rental in your desired location. With currently available budget-friendly apartments to choose from, you’re sure to find the right place at the right price. Many properties will include available rent specials and even rent discounts based on your move-in date or lease length. When you use Apartments.com, finding a cheap apartment in Memphis is a breeze. Just click on a rental to view the photos and floor plans, get information about living in Memphis, TN review the property’s pricing and fees, see amenities, and more.

Memphis, TN Rental Insights

Average Rent Rates

What is the average rent in Memphis, TN?

The average monthly rent in Memphis, TN is around $1,018.

Where can I find cheap apartments in Memphis, TN?

Apartments in Memphis, TN rent for around $1,018 but there are plenty of rentals to be found for $936 throughout the city.

How many cheap rentals are available in Memphis, TN on Apartments.com?

With over 1,294 affordable apartments on Apartments.com, you’re sure to find an Memphis, TN apartment at the right price.

What is the average rent for a studio in Memphis, TN?

You can expect to pay roughly $936 per month for a studio in Memphis, TN.

How expensive is a one-bedroom apartment in Memphis, TN?

The average one bedroom in Memphis, TN rents for $1,016 per month.

How expensive is a two-bedroom apartment in Memphis, TN?

Two-bedroom apartments in Memphis, TN rent for $1,052 per month.

Helpful Rental Guides for Memphis, TN

5 Most Affordable Neighborhoods in Memphis, TN
5 Most Affordable Neighborhoods in Memphis, TN
Explore More on the Rentverse

Search Nearby Rentals

Apartment Rentals Near Memphis

Neighborhood Apartment Rentals

Nearby Memphis House Rentals

New Rental Listings

Map Options
Map View
Default
Satellite
Nearby Point of Interests
Travel Time
Travel Time

Set a destination, transportation method, and your ideal commute time to see results.

*Please enter your address or point of interest