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apartments under 600
Last updated February 16 2020 at 5:19 PM

84 Apartments under $600 for rent in Memphis, TN

Verified
Last updated February 16 at 04:38pm
8 Units Available
El Dorado
2743 Ketchum Road, Memphis, TN
1 Bedroom
$500
573 sqft
2 Bedrooms
$550
728 sqft
El Dorado invites you to live life on your own terms. Our community offers many advantages over the competition. El Dorado provides one of the most desirable and affordable communities in Memphis, TN.
Verified
Last updated February 16 at 04:38pm
32 Units Available
Bent Tree Apartments
3471 W Briarpark Dr, Memphis, TN
1 Bedroom
$445
645 sqft
2 Bedrooms
$495
1048 sqft
3 Bedrooms
$625
1109 sqft
Bent Tree Apartments in Memphis has it all. Within your new apartment, you will discover a diverse offering of high-quality amenities, which will enhance your lifestyle through convenience and efficiency they provide.
Verified
Last updated February 16 at 06:48pm
Parkway Village
38 Units Available
Ten Mile Creek
2718 Claudette Rd, Memphis, TN
1 Bedroom
$455
750 sqft
2 Bedrooms
$525
1005 sqft
3 Bedrooms
$610
1434 sqft
At Ten Mile Creek there is a perfect home waiting for you. We offer spacious one, two and three bedroom apartments with walk-in closets, ceiling fans, washer/dryer hook ups, window coverings, intrusion alarms and upgraded countertops.
Verified
Last updated February 16 at 04:38pm
Concerned Citizens Network System, Inc
10 Units Available
Longview Heights Apartments
1953 Philsar St, Memphis, TN
2 Bedrooms
$480
788 sqft
Longview Heights in Memphis, TN is a remarkable community to live. We're conveniently located on Philsar St. in the 38106 area of Memphis. Here at our community, our leasing staff will be happy to assist you in finding the perfect new place.
Verified
Last updated February 16 at 04:38pm
15 Units Available
Mill Creek
4537 Mill Stream Dr, Memphis, TN
1 Bedroom
$545
702 sqft
2 Bedrooms
$615
960 sqft
3 Bedrooms
Ask
**WINTER SPECIAL** Winter Special! $250 security deposit for well qualified applicants. $200 off second month’s rent. Additional $100 off third month’s rent, select units. Special ends February 28, 2020.
Verified
Last updated February 16 at 04:38pm
Concerned Citizens Network System, Inc
9 Units Available
Longview Gardens
1726 S Orleans St, Memphis, TN
2 Bedrooms
$475
788 sqft
Come see us today!! Discover the thrill, excitement and glee of living in Longview Gardens Apartments. Longview Gardens is located in the South Memphis area just 5 minutes south of Downtown Memphis.
Verified
Last updated February 16 at 04:38pm
Orange Mound
2 Units Available
Barron Court
1175 Barron Ct, Memphis, TN
2 Bedrooms
$525
775 sqft
Conveniently located in Memphis, Tennessee, Barron Court Apartments are just minutes from Interstate 240 and Route 4 with immediate access to Barron Avenue.
Verified
Last updated February 16 at 06:56pm
Springhill Community Civic Club
2 Units Available
Country View Apartments
3990 Stephanie Ln, Memphis, TN
1 Bedroom
$525
656 sqft
2 Bedrooms
$645
828 sqft
3 Bedrooms
Ask
Find studio, 1, 2 and 3 bedroom apartments for rent at Country View Apartments in Memphis. View photos, descriptions and more!
Verified
Last updated February 16 at 06:05pm
Springhill Community Civic Club
6 Units Available
Jamesbridge Apartments
3815 N Advantage Way Dr, Memphis, TN
1 Bedroom
$551
683 sqft
2 Bedrooms
$669
888 sqft
Jamesbridge is a unique community with 2 lakes stocked with fish. The community has 3 beautiful bridges to fish from. The community is located close to Interstate 240 for easy access.
Verified
Last updated February 16 at 06:50pm
Hickory Hill
22 Units Available
Village Green
3450 Fescue Ln, Memphis, TN
1 Bedroom
$580
703 sqft
2 Bedrooms
$655
1155 sqft
3 Bedrooms
$805
1370 sqft
Find studio, 1, 2 and 3 bedroom apartments for rent at Village Green in Memphis. View photos, descriptions and more!
Verified
Last updated February 16 at 06:11pm
Parkway Village
49 Units Available
Cottonwood Apartments
4653 Cotton Dr, Memphis, TN
1 Bedroom
$515
500 sqft
2 Bedrooms
$585
750 sqft
Find studio, 1, 2 and 3 bedroom apartments for rent at Cottonwood Apartments in Memphis. View photos, descriptions and more!
Last updated February 16 at 10:54am
Mid Inner City Association for Heritage
1 Unit Available
951 Alma St. Unit #2
951 Alma Street, Memphis, TN
1 Bedroom
$525
615 sqft
Very Cute Quadplex in N. Memphis - This is a one bedroom one full bathroom unit in a quadplex that has been freshly painted throughout. There is a nice sized living room and kitchen.
Last updated February 16 at 10:54am
Riverside
1 Unit Available
122 Kirk Ave.
122 Kirk Avenue, Memphis, TN
2 Bedrooms
$450
700 sqft
122 Kirk Ave. - Duplex Available For Rent + Turn Key Ready + Call For Showings+ $0 APPLICATON FEE - This 2 bedrooms 1 bath duplex located in Memphis is now available for rent. Spacious living room area. Tile flooring throughout.
Last updated February 16 at 10:54am
Bethel Grove
1 Unit Available
2711 Lowell Ave.
2711 Lowell Avenue, Memphis, TN
2 Bedrooms
$550
692 sqft
Nice Newly Rehabbed Home in Bethel Grove - This is a two bedroom one full bathroom home that has been freshly painted throughout. There is a great sized living room with a good sized kitchen that has great storage.
Last updated February 16 at 10:54am
Concerned Citizens Network System, Inc
1 Unit Available
306 East Waldorf Avenue
306 East Waldorf Avenue, Memphis, TN
2 Bedrooms
$575
900 sqft
Newly Renovated Duplex available immediately. Bankruptcies, evictions on a case by case basis Application: https://www.hemlane.
Last updated February 16 at 10:54am
Castalia
1 Unit Available
1277 Airways Boulevard #7
1277 Airways Boulevard, Memphis, TN
2 Bedrooms
$550
600 sqft
Spacious 2-beds 1-bath apartment at a convenient location and peaceful neighborhood. Section-8 Allowed! New Paint with Airy and Sunny living space. The building has 24 hour Sky Cop monitoring. Contact us now to schedule a showing! (RLNE5363271)
Last updated February 16 at 10:54am
Cherokee
1 Unit Available
1297 S. Prescott Street Back
1297 South Prescott Street, Memphis, TN
1 Bedroom
$595
Extremely Cute Effeciency Centrally Located - This is a great 1 bedroom/1 bathroom centrally located with a great back yard and great neighbors! Better get this one before it's gone! (RLNE5359744)
Last updated February 16 at 10:54am
Hollywood
1 Unit Available
1555 Harrison St.
1555 Harrison Street, Memphis, TN
1 Bedroom
$550
562 sqft
1555 Harrison St. Completly Renovated Duplex+ Move-in Ready + Must see. - Ready for a quick move-in? This renovated 1 bedroom 1 bath duplex is now available for rent. The entry leads you into the freshly painted living room area with hardwood floors.
Last updated February 16 at 10:53am
Mallory Heights
1 Unit Available
29 E Fernwood Ave
29 East Fernwood Avenue, Memphis, TN
2 Bedrooms
$525
This duplex is located in the South Memphis area off Third St near Southgate Shopping Center. It features 2-bedroom, 1-bath, central AC and Heat. Accepts Section 8. (RLNE4567929)
Last updated February 16 at 10:53am
Hollywood
1 Unit Available
1553 Harrison St.
1553 Harrison Street, Memphis, TN
1 Bedroom
$550
562 sqft
1553 Harrison St. - Completely Renovated Duplex + Move-in Ready + $0 application fee - Ready for a quick move-in? This renovated 1 bedroom 1 bath duplex is now available for rent.
Last updated February 16 at 10:53am
Castalia
1 Unit Available
2314 Brooklyn Ave
2314 Brooklyn Avenue, Memphis, TN
2 Bedrooms
$500
1109 sqft
OWNER FINANCE WITH 10% DOWN/Direct EZ Credit Check Loan - 2314 Brooklyn St, Memphis, TN 38114 FOR SALE ONLY WITH OWNER FINANCING - VERY AFFORDABLE 2 beds 2 baths 1,109 sqft house for sale with low down payment and no credit check loan.
Last updated February 16 at 10:53am
Hollywood
1 Unit Available
1545 Britton
1545 Britton Street, Memphis, TN
3 Bedrooms
$550
1020 sqft
4 Success is now offering this spacious 3 bedroom home. - 4 Success is now offering this Spacious 3 bedroom home. Central air and heat . Off street parking . Beautiful floor plan.
Last updated February 16 at 08:28am
Hickory Hill
1 Unit Available
5576 Apple Blossom Dr
5576 Apple Blossom Drive, Memphis, TN
3 Bedrooms
$595
1425 sqft
This home features 3 bedrooms and 1.5 bathrooms with central heat and air. This home is also filled with plenty of character! Don't miss out and give us a call today to schedule your showing! Pets welcome with a pet deposit.
Last updated February 16 at 08:28am
Washington Heights
1 Unit Available
700 E Mclemore Ave
700 East Mclemore Avenue, Memphis, TN
2 Bedrooms
$450
712 sqft
Find studio, 1, 2 and 3 bedroom apartments for rent at 700 E Mclemore Ave in Memphis. View photos, descriptions and more!

February 2020 Memphis Rent Report

Welcome to the February 2020 Memphis Rent Report. Memphis rents remained steady over the past month. In this report, we'll evaluate trends in the Memphis rental market, including comparisons to cities throughout the state and nation.

View full Rent Report

February 2020 Memphis Rent Report

Welcome to the February 2020 Memphis Rent Report. Memphis rents remained steady over the past month. In this report, we'll evaluate trends in the Memphis rental market, including comparisons to cities throughout the state and nation.

Memphis rents held steady over the past month

Memphis rents have remained flat over the past month, however, they are up slightly by 1.0% year-over-year. Currently, median rents in Memphis stand at $707 for a one-bedroom apartment and $836 for a two-bedroom. Memphis' year-over-year rent growth lags the state average of 2.2%, as well as the national average of 1.6%.

    Rents rising across cities in the Memphis Metro

    Throughout the past year, rent increases have been occurring not just in the city of Memphis, but across the entire metro. Of the largest 10 cities that we have data for in the Memphis metro, all of them have seen prices rise. Tennessee as a whole logged rent growth of 2.2% over the past year. Here's a look at how rents compare across some of the largest cities in the metro.

    • Looking throughout the metro, Franklin is the most expensive of all Memphis metro's major cities, with a median two-bedroom rent of $1,359; of the 10 largest Tennessee metro cities that we have data for, all have seen rents rise year-over-year, with Franklin experiencing the fastest growth (+4.6%).
    • Hendersonville, Clarksville, and Nashville have all experienced year-over-year growth above the state average (3.9%, 3.4%, and 3.3%, respectively).

    Memphis rents more affordable than many similar cities nationwide

    As rents have increased slightly in Memphis, a few other large cities nationwide have also seen rents grow modestly. Memphis is still more affordable than most comparable cities across the country.

    • Memphis' median two-bedroom rent of $836 is below the national average of $1,193. Nationwide, rents have grown by 1.6% over the past year compared to the 1.0% rise in Memphis.
    • While Memphis' rents rose slightly over the past year, many cities nationwide also saw increases, including Phoenix (+3.7%), Dallas (+2.4%), and Seattle (+1.8%).
    • Renters will find more reasonable prices in Memphis than most similar cities. For example, San Francisco has a median 2BR rent of $3,090, which is more than three-and-a-half times the price in Memphis.

    For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

    Methodology - Recent Updates:

    Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

    Read more about our new methodology below, or see a more detailed post here.

    Methodology:

    Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

    Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

    Read more about our methodology here.

    About Rent Reports:

    Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

    We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

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    Memphis 1 BedroomsMemphis 2 BedroomsMemphis 2 Bedrooms 2 BathroomsMemphis 3 BedroomsMemphis Accessible ApartmentsMemphis Apartments under $500

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