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Cheap Apartments for Rent in Downtown Memphis

823 Rentals
.
  9. Building Photo - Exchange Building
    Good Value
    STUDIO
    $925+
    1 BED
    $925+
    2 BEDS
    $1,050+

    Exchange Building

    9 N 2nd St, Memphis, TN 38103
  10. Courtyard at The Chisca - The Chisca
    Rent Special
    Rent Special
    STUDIO
    $1,035+
    1 BED
    $947+
    2 BEDS
    $1,446+
    3 BEDS
    $2,335+
    Total Monthly Price Total Monthly Price New
    Base Rent$927 - $2,893
    Required Monthly Fees$20
    Total Monthly Price$947 - $2,913

    The Chisca

    272 S Main St, Memphis, TN 38103
    (901) 979-1538
  11. Building Photo - Court Square Apartments
    Rent Special
    Rent Special
    1 BED
    $1,000+
    2 BEDS
    $1,276+
    3 BEDS
    $2,246+
    Total Monthly Price Total Monthly Price New
    Base Rent$949 - $2,195
    Required Monthly Fees$51 - $81
    Total Monthly Price$1,000 - $2,276

    Court Square Apartments

    62 N Main St, Memphis, TN 38103
    (901) 295-6330
  14. Building Photo - Forum Flats
    Rent Special
    Rent Special
    1 BED
    $973+
    2 BEDS
    $1,163+
    3 BEDS
    $1,339+

    Forum Flats

    441 E Pontotoc Ave, Memphis, TN 38126
  28. Building Photo - Riverset Apartments
    Good Value
    |
    1 BED
    $1,161+
    2 BEDS
    $1,396+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,100 - $2,565
    Required Monthly Fees$11
    Utilities & EssentialsVaries
    Total Monthly Price$1,161 - $1,916

    Riverset Apartments

    100 Riverset Ln, Memphis, TN 38103
    (870) 771-4117
  29. Building Photo - 699 N 5th St
    Rent Special
    Rent Special
    1 BED, 1 BATH
    $1,100
    Total Monthly Price Total Monthly Price New
    Base Rent$1,100
    Required Monthly FeesNone
    Total Monthly Price$1,100

    699 N 5th St Unit 2

    699 N 5th St, Memphis, TN 38107
    Apply
  35. 1 Month Free
    1 Month Free
    1 BED
    $1,195+
    2 BEDS
    $1,875+

    50 Peabody Place

    50 Peabody Pl, Memphis, TN 38103
Showing 42 of 104 results, Page 1 of 3

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Cheap Apartments in Downtown Memphis Neighborhood in Memphis, TN

When looking for cheap apartments in Downtown Memphis, Apartment Finder is your deal-hunting partner. Whether you’re looking for a studio, a one-bedroom, or a two-bedroom apartment, you want the best place at the right price. We have a great selection of budget-friendly apartments for rent, and we’ll show you which apartments offer the best value when compared to other apartments in Downtown Memphis.

Finding a rental that fits your budget without compromising on quality can seem like a challenge, but Apartment Finder makes it easy to discover cheap apartments with all the features you want. To find an apartment you can afford, try looking in less popular neighborhoods outside of the city center. Timing is everything when searching for rentals that are affordable, so look at different times of the day, different days of the week and (if you can wait) certain months like December through March. When you find an apartment with a great price, don’t hesitate! Cheap apartments tend to go very quickly.

Affordability doens't have to equal sacrifice. While it’s important to be flexible, you might not have to give up as much as you think. You can find a cheap apartment for rent, complete with must-have amenities such as paid utilities and an in-unit washer and dryer. Click on any of these properties to see photos and floor plans, read reviews, check out the rent calculator, and learn more about the neighborhood with information on nearby parks, shopping malls, and transit stops. With 104 cheap apartments available in Downtown Memphis, Apartment Finder is the place to find your next rental.

Top Budget-Friendly Neighborhoods in Memphis

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