38116 Cheap Apartments For Rent

165 rentals available

1761 E Raines Rd, Memphis, TN
$549+ 2 bds
The Meridian on E Raines

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Emberly Apartments | 3619 Kingsgate Dr, Memphis, TN
$567+ Studio

Private patio or balcony55 available units
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$567+Studio
$693+1bd
$864+2bd
$884+3bd+
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1360 Springbrook Ave #101-201, Memphis, TN 38116
$650/mo
Studio
1 ba
300 sqft
- Apartment for rent
82 days agoApply instantly
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Mill Creek Apartments | 4537 Mill Stream Dr, Memphis, TN
$655+ 1 bd

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$655+1bd
$762+2bd
$1,171+3bd
3039 Josibpet Ln #3039JL, Memphis, TN 38116
$685/mo
1 bd
1 ba
408 sqft
- Apartment for rent
12 days ago
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3023 Josibpet Ln #3023JL, Memphis, TN 38116
$685/mo
1 bd
1 ba
408 sqft
- Apartment for rent
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Creekside Meadows | 3471 W Briarpark Dr, Memphis, TN
$703+ 1 bd

Updated yesterday
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$703+1bd
$745+2bd
$903+3bd
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Sunrise Terrace, 2080 Winchester Rd, Memphis, TN 38116
$710+/mo
1 bd
1 ba
750 sqft
- Apartment for rent
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6-1287 E Raines Rd, Memphis, TN 38116
$750/mo
1 bd
1 ba
-- sqft
- Apartment for rent
14 days agoApply instantly
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For Rent
Tennessee
Shelby County
38116

CHEAP APARTMENTS IN 38116

Looking for a cheap apartment in 38116? Act quickly; affordable apartments in 38116 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 38116

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.

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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

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