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Cheap Apartments for Rent in Downtown Memphis

1,010 Rentals
.
  5. Building Photo - Crescent Bluff
    Rent Special
    Rent Special
    1 BED
    $784+
    2 BEDS
    $1,141+
    3 BEDS
    $1,319+

    Crescent Bluff

    25 E Virginia Ave, Memphis, TN 38106
  9. Building Photo - 896 N Dunlap St
    1 BED, 1 BATH
    $850
    Total Monthly Price Total Monthly Price New
    Base Rent$850
    Required Monthly FeesNone
    Total Monthly Price$850

    896 N Dunlap St

    896 N Dunlap St, Memphis, TN 38107
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  12. Building Photo - Exchange Building
    Rent Special
    Rent Special
    STUDIO
    $925+
    1 BED
    $925+
    2 BEDS
    $1,050+

    Exchange Building

    9 N 2nd St, Memphis, TN 38103
  13. Courtyard at The Chisca - The Chisca
    Exceptional Value
    STUDIO
    $1,015+
    1 BED
    $927+
    2 BEDS
    $1,426+
    3 BEDS
    $2,315+

    The Chisca

    272 S Main St, Memphis, TN 38103
    (901) 979-1538
  18. Building Photo - Uptown Flats
    1 BED
    $955+
    2 BEDS
    $1,141+

    Uptown Flats

    627 N Main St, Memphis, TN 38107
  19. Building Photo - Forum Flats
    Rent Special
    Rent Special
    1 BED
    $955+
    3 BEDS
    $1,314+

    Forum Flats

    441 E Pontotoc Ave, Memphis, TN 38126
  38. Interior Photo - Pressbox Lofts
    Good Value
    STUDIO
    $1,095+
    1 BED
    $1,295+

    Pressbox Lofts

    195 Madison Ave, Memphis, TN 38103
  41. Building Photo - Riverset Apartments
    Rent Special
    Rent Special
    |
    1 BED
    $1,151+
    2 BEDS
    $1,376+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,135 - $2,670
    Required Monthly Fees$11
    Utilities & EssentialsVaries
    Total Monthly Price$1,151 - $1,931

    Riverset Apartments

    100 Riverset Ln, Memphis, TN 38103
    (870) 771-4117
Showing 42 of 94 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 94 cheap apartments available in Downtown Memphis, Apartment Finder is the place to find your next rental.

Top Budget-Friendly Neighborhoods in Memphis

(For 1 bedroom apartments)

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