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  3. Discounts
    Discounts
    STUDIO
    $695+
    1 BED
    $799+
    2 BEDS
    $965+
    3 BEDS
    $1,125+

    Rivergrove

    4000 Rio Lobo Dr, Memphis, TN 38128
    (901) 295-4632
  6. Building Photo - Beverly Springs
    Rent Special
    Rent Special
    2 BEDS
    $725

    Beverly Springs

    2879 Beverly Hills Rd, Memphis, TN 38128
  8. 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
  12. Building Photo - 1 TN-1
    1 BED, 1 BATH
    $750

    1 TN-1

    1 TN-1, Memphis, TN 38128
  13. Building Photo - Country View
    Discounts
    Discounts
    1 BED
    $750+
    2 BEDS
    $820+
    3 BEDS
    $975+

    Country View

    3990 Stephanie Ln, Memphis, TN 38128
  14. Rent Special
    Rent Special
    1 BED
    $760+
    2 BEDS
    $857+

    Jamesbridge

    3815 N Advantage Way Dr, Memphis, TN 38128
  15. Building Photo - Luxe at Raleigh
    Rent Special
    Rent Special
    1 BED
    $775+
    2 BEDS
    $875+
    3 BEDS
    $975+

    Luxe at Raleigh

    4183 Troost Dr, Memphis, TN 38128
  21. Building Photo - 1716 Combs St
    1 BED, 1 BATH
    $800
    Total Monthly Price Total Monthly Price New
    Base Rent$800
    Required Monthly FeesNone
    Total Monthly Price$800

    1716 Combs St Unit B

    1716 Combs St, Memphis, TN 38108
  23. Building Photo - 2 Bedroom
    2 BEDS, 1 BATH
    $850

    2 Bedroom

    2 Bedroom, Memphis, TN 38128
  26. Building Photo - 4374 Deborah Ave
    2 BEDS, 1 BATH
    $900
    Total Monthly Price Total Monthly Price New
    Base Rent$900
    Required Monthly FeesNone
    Total Monthly Price$900

    4374 Deborah Ave

    4374 Deborah Ave, Memphis, TN 38108
  29. Building Photo - 1819 Wells Station Rd
    2 BEDS, 1 BATH
    $975
    Total Monthly Price Total Monthly Price New
    Base Rent$975
    Required Monthly FeesNone
    Total Monthly Price$975

    1819 Wells Station Rd

    1819 Wells Station Rd, Memphis, TN 38108
    Apply
  41. Building Photo - 3611 Naylor Dr
    3 BEDS, 2 BATHS
    $1,100
    Total Monthly Price Total Monthly Price New
    Base Rent$1,100
    Required Monthly FeesNone
    Total Monthly Price$1,100

    3611 Naylor Dr

    3611 Naylor Dr, Memphis, TN 38128
Showing 42 of 113 results, Page 1 of 3

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Cheap Apartments in Raleigh Neighborhood in Memphis, TN

When looking for cheap apartments in Raleigh, 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 Raleigh.

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 113 cheap apartments available in Raleigh, Apartment Finder is the place to find your next rental.

Top Budget-Friendly Neighborhoods in Memphis

(For 1 bedroom apartments)

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