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Cheap Apartments for Rent in Downtown Memphis

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

    Exchange Building

    9 N 2nd St, Memphis, TN 38103
  24. Courtyard at The Chisca - The Chisca
    Good Value
    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
  27. Building Photo - Court Square Apartments
    Discounts
    Discounts
    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
  34. Building Photo - Crescent Bluff
    Rent Special
    Rent Special
    1 BED
    $973+
    2 BEDS
    $1,163+

    Crescent Bluff

    25 E Virginia Ave, Memphis, TN 38106
  35. Rent Special
    Rent Special
    1 BED
    $973+
    2 BEDS
    $1,163+
    3 BEDS
    $1,339+

    Forum Flats

    441 E Pontotoc Ave, Memphis, TN 38126
  39. Interior Photo - Pressbox Lofts
    $200 Off
    Price Drop. $200 Off
    STUDIO
    $995+
    1 BED
    $1,195+
    2 BEDS
    $1,895+

    Pressbox Lofts

    195 Madison Ave, Memphis, TN 38103
  41. Building Photo - Lofts at Union Alley
    $177 Off
    Price Drop. $177 Off
    STUDIO
    $1,033+
    1 BED
    $1,329+
    Total Monthly Price Total Monthly Price New
    Base Rent$999 - $1,295
    Required Monthly Fees$34
    Utilities & EssentialsVaries
    Total Monthly Price$1,033 - $1,329

    Lofts at Union Alley

    110 Barboro Aly, Memphis, TN 38103
    (870) 771-3995
Showing 42 of 117 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 117 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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