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Showing all results in Downtown Memphis - Memphis, TN.
Condos under $500 in Downtown Memphis
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Price Drop. $366 Off|STUDIO$1,270+1 BED$1,522+2 BEDS$2,542+
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Price Drop. $276 Off|STUDIO$1,028+1 BED$1,074+2 BEDS$1,399+
Iris Luxury Apartments
810 Washington Ave, Memphis, TN 38105 -
1 BED$1,702+2 BEDS$2,062+3 BEDS$1,942+
Grand Island Apartments
300 Grand Island Dr, Memphis, TN 38103 -
Price Drop. $185 Off|STUDIO$1,233+1 BED$1,175+2 BEDS$1,650+
Gayoso House & Pembroke Square
130 S Front St, Memphis, TN 38103 -
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Exceptional Value|STUDIO$1,285+1 BED$1,295+2 BEDS$2,685+3 BEDS$2,865+
The Oliver Luxury Apartments
7 Vance Ave, Memphis, TN 38103 -
1 BED$1,254
Annex Lofts
345 S Front St, Memphis, TN 38103 -
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1 BED$1,481+2 BEDS$1,790+3 BEDS$2,353+
Arbors Harbor Town
671 Harbor Edge Dr, Memphis, TN 38103 -
1 BED$1,421+2 BEDS$1,750+
Island Park/Harbor Town Square
1440 Island Park Dr, Memphis, TN 38103 -
1 BED$1,425+2 BEDS$1,950+3 BEDS$2,308+
The Estates at River Pointe
1445 River Estates Dr, Memphis, TN 38103 -
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2 BEDS$1,595
The Washburn
60 S Main St, Memphis, TN 38103 -
Good Value|
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Rent Special
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1 Month Free|
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1 BED$860+2 BEDS$1,025+3 BEDS$2,295+
Helix at the District
141 Manassas St, Memphis, TN 38105 -
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STUDIO$1,015+1 BED$927+2 BEDS$1,426+3 BEDS$2,315+
The Chisca
272 S Main St, Memphis, TN 38103 -
1 BED$1,650+2 BEDS$2,600+
RiverLofts @ 460 Tennessee
460 Tennessee St, Memphis, TN 38103 -
2 BEDS$795
Greenlaw Apartments
267 Greenlaw Ave, Memphis, TN 38105 -
1 BED$1,850
Claridge House Condominiums
109 N Main St, Memphis, TN 38103 -
1 BED$1,200
Downtown Studio Suites- All Included
340 W Illinois Ave, Memphis, TN 38106 -
Rent Special
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1 BED$953+2 BEDS$1,120+3 BEDS$1,328+
Legends Park Apartments
198 N Pauline St, Memphis, TN 38105 -
STUDIO$1,120+1 BED$1,265+2 BEDS$1,475+
99 Front Apartments
99 S Front St, Memphis, TN 38103 -
1 BED$1,140+2 BEDS$2,190+
Harbor Side at Conwood Flats
645 N Front St, Memphis, TN 38107 -
|STUDIO$999+1 BED$1,249+2 BEDS$1,599+
South Junction Apartments
9 E Carolina Ave, Memphis, TN 38103 -
|STUDIO$760+1 BED$805+2 BEDS$1,000+3 BEDS$1,555+
Uptown Square Apartments
252 N Lauderdale St, Memphis, TN 38105 -
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|STUDIO$999+1 BED$1,220+2 BEDS$1,740+
South Line at Central Station
9 E Carolina Ave, Memphis, TN 38103 -
|STUDIO$1,227+1 BED$1,597+2 BEDS$2,174+
The Rise Apartments
420 Monroe Ave, Memphis, TN 38103 -
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1 BED$1,671+2 BEDS$2,021+3 BEDS$2,176+
Belle Harbour Apartments
1298 Mount Hope Dr, Memphis, TN 38103
Memphis at a Glance
Downtown Memphis Neighborhood in Memphis, TN
Get the most for your money when you find 125 condos under $500 in Downtown Memphis. Finding the perfect rental shouldn't be a challenge. Whether you're a student, new renter, or simply looking to save extra cash, Apartment Finder has a wide variety of rentals that suit your needs and your wallet. View listings with different floorplans, amenities, and unique features, all priced under $500. The perfect rental within your budget is just a click away. Start searching now!
Top Budget-Friendly Neighborhoods in Memphis
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- Vaughn Village 872 Sq Ft $694/mo
- Canada Gardens 620 Sq Ft $747/mo
- Berclair 810 Sq Ft $755/mo
- Parkway Village 714 Sq Ft $763/mo
- Meadow Lake 757 Sq Ft $801/mo
- Whitehaven 662 Sq Ft $809/mo
- Fox Meadows 739 Sq Ft $828/mo
- Raleigh 696 Sq Ft $831/mo
- Ridgeway Estates North 708 Sq Ft $855/mo
- Kimbroughs Union Avenue 586 Sq Ft $868/mo
Getting Around Memphis
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About Our Deals
Apartment Finder utilizes the industry's largest and most complete database of real-time rents and availabilities to help you find an amazing deal on your next rental.
Price Drop
Apartment communities change their rental rates often - sometimes multiple times a day. We track the changes and keep you up to date when a rental rate decreases.
Best Value
"Best value" units are located in buildings rated three stars or higher. We label apartment rentals that are priced significantly less than similar high-quality units nearby.
Rent Specials
Apartment communities regularly advertise deals for new residents. Whether it's a move-in special or a free tv, we locate the rentals that offer a little something extra when you sign your lease.
Note: Based on community-supplied data and independent market research. Subject to change without notice.