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Showing all results in Memphis, TN.

Show Nearby Apartments

Houses under $500 for Rent in Memphis, TN

10,692 Rentals
.
  7. 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
  18. Building Photo - Orleans Station
    Rent Special
    Rent Special
    |
    1 BED
    $1,403
    Total Monthly Price Total Monthly Price New
    Base Rent$1,390 - $1,435
    Required Monthly Fees$13
    Total Monthly Price$1,403 - $1,448

    Orleans Station

    694 Madison Ave, Memphis, TN 38103
    (901) 881-2959
  19. Building Photo - 240 Flats
    1 Month Free
    1 Month Free
    STUDIO
    $999+
    1 BED
    $1,099+
    2 BEDS
    $1,499+

    240 Flats

    5811 Poplar Ave, Memphis, TN 38119
    (901) 763-6189
  35. Building Photo - Shelby Pointe Townhomes
    Discounts
    Discounts
    2 BEDS
    $950
    Total Monthly Price Total Monthly Price New
    Base Rent$950 - $1,045
    Required Monthly FeesNone
    Total Monthly Price$950 - $1,045

    Shelby Pointe Townhomes

    1500 E Shelby Dr, Memphis, TN 38116
    (901) 437-5606

Living & Renting in Memphis

Memphis at a Glance

Average Rent

$1,058
(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 School

Public High School

Public
Grades 9-12
1,840 Students
GreatSchools Rating
White Station High

Public High School

Public
Grades 9-12
1,840 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 School

Public Middle School

Public
Grades 6-8
1,099 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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