Downtown Memphis Cheap Apartments For Rent

570 rentals available

123 S Court Sq #301, Memphis, TN 38103
$2,700/mo
2 bds
2 ba
2,208 sqft
- Apartment for rent
22 days agoApply instantly
Image 1 of 19
123 S Court Ave, Memphis, TN 38103
$2,900/mo
2 bds
2 ba
2,412 sqft
- Apartment for rent
34 days agoApply instantly
Image 1 of 19
Loading...
358 N Island Dr APT 105, Memphis, TN 38103
$3,300/mo
4 bds
4 ba
3,300 sqft
- Apartment for rent
14 days agoApply instantly
Image 1 of 37
655 S Riverside Dr APT 507, Memphis, TN 38103
$3,340/mo
2 bds
2 ba
1,700 sqft
- Apartment for rent
3D Tour
Image 1 of 35
147 Nebraska Ave #1, Memphis, TN 38106
$3,490/mo
Studio
-- ba
9,150 sqft
- Apartment for rent
257 days ago
Image 1 of 17
717 Riverside Dr #702, Memphis, TN 38103
$3,650/mo
3 bds
2.5 ba
1,667 sqft
- Apartment for rent
Apply instantly
Image 1 of 22
65 E Pontotoc Ave APT 304, Memphis, TN 38103
$3,940/mo
2 bds
2.5 ba
-- sqft
- Condo for rent
3D Tour
Image 1 of 25
Loading...
358 N Main St STE 201, Memphis, TN 38103
$4,500/mo
3 bds
3.5 ba
3,450 sqft
- Apartment for rent
25 days agoApply instantly
Image 1 of 33
49 Vance Ave #49, Memphis, TN 38103
$4,500/mo
2 bds
2.5 ba
-- sqft
- Condo for rent
147 days ago
Loading...

to get email alerts when listings hit the market.

For Rent
Tennessee
Shelby County
Memphis
Downtown

CHEAP APARTMENTS IN DOWNTOWN MEMPHIS

Looking for a cheap apartment in Downtown Memphis? Act quickly; affordable apartments in Downtown Memphis exist but don’t stay on the market for long.

When shopping for a cheap apartment, it’s important to establish your list of must-have features before beginning. Stay flexible during the rental shopping process as you may have to sacrifice certain amenities to meet your budget. You could find an apartment that fits your budget, but it might lack square footage. Or you might find an apartment in the perfect neighborhood, but may have to buy all of your appliances. Stay open-minded. Reflect on the features that matter most to compromise on an apartment without overspending.

FINDING A CHEAP APARTMENT IN DOWNTOWN MEMPHIS

Hunting for a cheap apartment off-season may increase your chances to land a lease. Try to look for a new apartment in the winter months: December, January or February. You can find better deals on your unit in winter because supply is typically greater than demand and landlords advertise reduced rate apartment contracts to attract renters. As a renter in the off-season, you may be able to negotiate with your landlord and cut a deal. Landlords might offer to waive your monthly parking, provide a storage unit at no cost or include all your utilities in the monthly rent.

Cheap apartments tend to be more competitive because no one wants to spend more than they have to on rent. Do your homework, prepare all the paperwork before going to the showings and be sure to make a professional first impression.

Find What You're Looking for in an Apartment

Find Your Ideal Location

Rent Affordability Calculator

Mobile App for Rentals

Disclaimer: School attendance zone boundaries are supplied by Pitney Bowes and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

About the ratings: GreatSchools ratings are based on a comparison of test results for all schools in the state. It is designed to be a starting point to help parents make baseline comparisons, not the only factor in selecting the right school for your family. Learn more

PxPixel