148 Apartments for rent in Memphis, TN under $700
Frequently Asked Questions
Frequently Asked Questions (FAQs)
How expensive is it to rent a studio apartment in Memphis?
How much is rent for a one-bedroom apartment in Memphis?
What is the typical rent for a two-bedroom apartments in Memphis?
There's a town that I call home, where all the streets are paved with soul. Down on Beale there's a honky-tonk bar, so hear the wail of a blues guitar. Have a beer and drop a dime in the blind man's jar. The blues sing softly in the air, like a Sunday morning prayer. Just one more drink and you'll see God everywhere. Like a sad old melody that cheers you up, it sets you free. And that's how Memphis lives in me." (-Bon Jovi, "Memphis Lives In Me").
Memphis Tennessee is an iconic place in so many ways. It's the birthplace of the blues, soul, and that just-about-to-catch-on musical genre called Rock and Roll. It is the epicenter of many food debates with restaurants like Gus's Hot & Spicy Chicken and Charles Vergos' Rendezvous always topping the lists of the country's best fried chicken and ribs respectively, and actual tourist destinations unto themselves. Memphis is where your overnight package will spend a couple of hours at the worldwide hub for FedEx. And in Memphis you can plant your feet on the doormat of the second most visited home in the world. They even let you go in. No, not my Aunt Peg's (who does make some mean biscuits and sweet tea, which is reason alone to visit), but Elvis's - the King himself. Add the majesty of the Mississippi River, the NBA's coyly named Memphis Grizzlies (the nearest grizzly bear roams a brisk 1,600 miles away, but the Memphis Zoo does have a set of twins), and the neon festooned nightlife of world famous Beale Street, and you've found yourself in an unmistakably multifaceted city. Now time to find an unmistakably awesome apartment. See more
Finding a deal on affordable apartments under $700 in Memphis is worth the extra effort. Come ready to pounce on the best deals. Call the property management in advance to ask what paperwork they need and come prepared. Bank statements, pay stubs, identification, and letters of recommendation from an employer or landlord are usually standard. It’s better to come to an apartment tour over-prepared and ready to sign.
You probably won’t find affordable apartments under $700 in Memphis in the heart of the action, but you can still land in a neighborhood you love. Look for locations on the outskirts of your dream location or reconsider how much space you really need. A studio apartment may offer plenty of space in your ideal neighborhood at a cheaper price point.
Some property managers will also know about apartments under $700 in other buildings they manage, or through word-of-mouth from industry contacts. Ask about any leads if you can’t find the space you need. Touring the first floor for affordable apartments that need some updating can also yield a great deal.