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Cheap Apartments for Rent in Midtown Memphis

1,371 Rentals
.
  5. 1 BED
    $1,200+
    4 BEDS
    $559+
    Total Monthly Price Total Monthly Price New
    Base Rent$559 - $1,850
    Required Monthly FeesNone
    Total Monthly Price$559 - $1,850

    Barksdale Flats

    139-149 N Barksdale St, Memphis, TN 38104
  22. Building Photo - 821 Maury-
    1 BED, 1 BATH
    $699

    821 Maury-

    821 Maury St, Memphis, TN 38107
  26. Building Photo - Overton Place
    STUDIO
    $725+
    1 BED
    $800+

    Overton Place

    1214 Overton Park Ave, Memphis, TN 38104
Showing 42 of 344 results, Page 1 of 9

Memphis at a Glance

Average Rent

$1,834
(All bedrooms and property types)
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Average Rent in Memphis
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out of 10 Rating
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Schools in Memphis

Cheap Apartments in Midtown Memphis Neighborhood in Memphis, TN

When looking for cheap apartments in Midtown 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 Midtown 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 344 cheap apartments available in Midtown Memphis, Apartment Finder is the place to find your next rental.

Top Budget-Friendly Neighborhoods in Memphis

(For 1 bedroom apartments)

Education

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

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