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Showing all results in Memphis, TN.

Show Nearby Apartments

Condos under $500 for Rent in Memphis, TN

10,419 Rentals
.
  1. Building Photo - Exchange Building
    Exceptional Value
    STUDIO
    $925+
    1 BED
    $925+
    2 BEDS
    $1,050+

    Exchange Building

    9 N 2nd St, Memphis, TN 38103
  11. Building Photo - Overton Place
    Good Value
    STUDIO
    $725+
    2 BEDS
    $850+

    Overton Place

    1214 Overton Park Ave, Memphis, TN 38104
  34. Living room - Regency at Raleigh
    Good Value
    1 BED
    $740+
    2 BEDS
    $840+
    3 BEDS
    $940+

    Regency at Raleigh

    3670 Sawmill Dr, Memphis, TN 38128
  36. Interior Photo - Pressbox Lofts
    Good Value
    STUDIO
    $1,095+
    1 BED
    $1,295+

    Pressbox Lofts

    195 Madison Ave, Memphis, TN 38103

Living & Renting in Memphis

Memphis at a Glance

Average Rent

$1,042
(All bedrooms and property types)
Learn more about
Average Rent in Memphis
8

School Rating

out of 10 Rating
Learn more about
Schools in Memphis

Renting in Memphis

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Memphis

(For 1 bedroom apartments)

Education

GreatSchools Rating
East High

Public High School

Public
Grades 9-12
568 Students
GreatSchools Rating
Middle College High

Public High School

Public
Grades 9-12
311 Students
GreatSchools Rating
University High School

Public High School

Public
Grades 9-12
96 Students
GreatSchools Rating
White Station High

Public High School

Public
Grades 9-12
1,840 Students
GreatSchools Rating
Medical District High School

Public High School

Public
Grades 9-12
99 Students
GreatSchools Rating
Maxine Smith Steam Academy

Public Middle School

Public
Grades 6-8
364 Students
GreatSchools Rating
University Middle

Public Middle School

Public
Grades 6-8
271 Students
GreatSchools Rating
White Station Middle

Public Middle School

Public
Grades 6-8
1,099 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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