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apartments under 700
Last updated January 19 at 2:30 AM

148 Apartments for rent in Memphis, TN under $700

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 wh... Read Guide >
Cherry Creek Photo Gallery 1
1 of 2
Verified
2 Units Available
Cherry Creek
1460 Cherry Rd, Memphis, TN 38117
Colonial Acres
2 Bedrooms
$700
750 sqft
3 Bedrooms
$750
950 sqft
Last updated January 19 at 1:30 AM
Regency at Raleigh Photo Gallery 1
1 of 4
Verified
14 Units Available
Regency at Raleigh
3670 Sawmill Drive, Memphis, TN 38128
1 Bedroom
$600
710 sqft
2 Bedrooms
$700
937 sqft
3 Bedrooms
$800
1197 sqft
Last updated January 19 at 1:28 AM
Welcome to Regency at Raleigh Apartments located in Memphis, Tennessee!
Ashton Hills Photo Gallery 1
1 of 16
Verified
23 Units Available
Ashton Hills
4183 Troost Drive, Memphis, TN 38128
Springhill Community Civic Club
1 Bedroom
$575
560 sqft
2 Bedrooms
$675
784 sqft
3 Bedrooms
$775
1044 sqft
Last updated January 19 at 1:26 AM
Barron Court Photo Gallery 1
1 of 4
Verified
1 Unit Available
Barron Court
1175 Barron Ct, Memphis, TN 38114
Orange Mound
2 Bedrooms
$645
775 sqft
Last updated January 19 at 1:12 AM
Conveniently located in Memphis, Tennessee, Barron Court Apartments are just minutes from Interstate 240 and Route 4 with immediate access to Barron Avenue. Our affordable rental community is within the historic Orange Mound neighborhood and is situated only one mile from Melrose High School, Cherokee Elementary School, and Sherwood Middle School. Easily walk to Cherokee Park or enjoy a short drive to Lamar-Airways Shopping Center. Spectacular resident amenities include onsite management and maintenance, washer & dryer connections, full appliance packages and off-street parking. Beautiful green spaces provide plenty of room for your four-legged family members to play. Our spacious two bedroom apartments feature fully equipped kitchens, energy-efficient appliances, generous walk in closets and patio/balcony. Live big and afford more at Barron Court Apartments.
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Bent Tree Apartments Photo Gallery 1
1 of 20
Verified
15 Units Available
Bent Tree Apartments
3471 W Briarpark Dr, Memphis, TN 38116
1 Bedroom
$647
645 sqft
2 Bedrooms
$554
867 sqft
3 Bedrooms
$704
1120 sqft
Last updated January 19 at 1:11 AM
Creekside Meadows 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. Your apartment home boasts updated interiors, energy efficient kitchen appliances, and ample closet space. Other perks include on-site laundry facilities, 24-hour video surveillance, and nearby public transportation. All throughout our affordable and accommodating community, you will notice the benefits that rate Creekside Meadows Apartments above the rest.Conveniently located off Winchester Road, just east of the Bishop J O Patterson Sr. Memorial Parkway, providing rapid access to Downtown Memphis. The most desirable restaurants, schools, grocery stores and convenient banks are all within a few miles of Creekside Meadows. The downtown area boasts great shopping, recreation, entertainment, educational, medical, culture and religious options all within close minute
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El Dorado Photo Gallery 1
1 of 14
Verified
4 Units Available
El Dorado
2743 Ketchum Road, Memphis, TN 38114
1 Bedroom
$613
573 sqft
2 Bedrooms
$695
728 sqft
Last updated January 19 at 1:09 AM
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. Our spacious one and two bedroom homes provide the quality and comfort you deserve for a premier lifestyle.Conveniently located less than one mile west of Interstate 240, providing rapid access to Memphis' scenic downtown. The downtown area boasts great shopping, recreation, entertainment, educational, medical, culture and religious options all within close minutes of your new home. El Dorado is located within minutes of all the opportunities that Memphis offers. The most desirable restaurants, the highest quality grocery stores and convenient banks are within a few miles of El Dorado Apartments!Call or visit our professional team at El Dorado for a personal tour of our community. We look forward to welcoming you to your new home!
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Cedar Run Photo Gallery 1
1 of 8
Verified
20 Units Available
Cedar Run
5958 E Point Dr, Memphis, TN 38115
Hickory Hill
1 Bedroom
$680
700 sqft
2 Bedrooms
$795
900 sqft
3 Bedrooms
$1,070
1100 sqft
Last updated January 19 at 1:08 AM
Welcome to Cedar Run Apartments in Memphis, Tennessee! As a resident, youll enjoy our inviting one, two and three bedroom apartments, along with a fantastic selection of community amenities. All of our floorplans offer spacious living areas, a fully-equipped kitchen with espresso cabinets and energy-efficient appliances, generous storage space, LED lighting and washer/dryer connections! At Cedar Run Apartments, youll experience an array of convenient amenities. Take advantage of our refreshing swimming pool, activities court, business center and children's playground. For your convenience, we also offer an Amazon Hub Locker and electric car charging station. Come experience all the comforts we have to offer you in an ideal location. Call or visit Cedar Run Apartments today!
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Highland Hills Apartments Photo Gallery 1
1 of 1
Verified
19 Units Available
Highland Hills Apartments
2831 Fosterwood Dr, Memphis, TN 38115
Fox Meadows
1 Bedroom
$700
740 sqft
2 Bedrooms
$850
1234 sqft
Last updated January 19 at 1:07 AM
Welcome to Highland Hills Apartments located in Memphis, Tennessee!
Hickory Grove Photo Gallery 1
1 of 4
Verified
26 Units Available
Hickory Grove
6277 Lake Arbor Dr, Memphis, TN 38115
Hickory Hill
1 Bedroom
$680
602 sqft
2 Bedrooms
$840
1015 sqft
3 Bedrooms
$949
1314 sqft
Last updated January 19 at 1:07 AM
One-, two- and three-bedroom apartments with vaulted ceilings, wood-burning fireplaces and washer/dryer connections. Gated community has two outdoor pools, fitness center, sand volleyball court and movie theater.
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Longview Heights Apartments Photo Gallery 1
1 of 6
Verified
9 Units Available
Longview Heights Apartments
1953 Philsar St, Memphis, TN 38106
Concerned Citizens Network System, Inc
2 Bedrooms
$599
788 sqft
Last updated January 19 at 1:04 AM
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. Be sure to see our available floorplan options. Call us for our current rates. Choose to live life exceptionally at Longview Heights!
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Mill Creek Photo Gallery 1
1 of 20
Verified
31 Units Available
Mill Creek
4537 Mill Stream Dr, Memphis, TN 38116
1 Bedroom
$585
685 sqft
2 Bedrooms
$631
960 sqft
Last updated January 19 at 1:02 AM
**SPRING SPECIAL**Mill Creek invites you to live life on your own terms. Our community offers many advantages over the competition. Mill Creek provides one of the most desirable and affordable communities in Memphis, TN. Our spacious one, two and three bedroom homes provide the quality and comfort you deserve for a premier lifestyle.Conveniently located less than one mile west of Interstate 240, providing rapid access to Memphis' scenic downtown. The downtown area boasts great shopping, recreation, entertainment, educational, medical, culture and religious options all within close minutes of your new home. Mill Creek is located within minutes of all the opportunities that Memphis offers. The most desirable restaurants, the highest quality grocery stores and convenient banks are within a few miles of Mill Creek Apartments!Call or visit our professional team at Mill Creek for a personal tour of our community. We look forward to welcoming you to your new home!
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1716 Dupont Ave Photo Gallery 1
1 of 4
1 Unit Available
1716 Dupont Ave
1716 Dupont Avenue, Memphis, TN 38127
Hollywood - Hyde Park - Springdale Neighborhood Association
2 Bedrooms
$650
577 sqft
Last updated January 19 at 2:30 AM
696 N Hollywood St Photo Gallery 1
1 of 10
1 Unit Available
696 N Hollywood St
696 North Hollywood Street, Memphis, TN 38112
Binghampton-Lester
2 Bedrooms
$650
910 sqft
Last updated January 19 at 2:29 AM
854 Keel Ave Photo Gallery 1
1 of 4
1 Unit Available
854 Keel Ave
854 Keel Avenue, Memphis, TN 38107
Klondyke
1 Bedroom
$475
540 sqft
Last updated January 19 at 2:29 AM
2333 Warren (Alcy - Ball) Photo Gallery 1
1 of 8
1 Unit Available
2333 Warren (Alcy - Ball)
2333 Warren Street, Memphis, TN 38106
Alcy-Ball
2 Bedrooms
$700
715 sqft
Last updated January 19 at 2:29 AM
Apply for Free! Applications are processed same day and an agent will be reaching out to you immediately upon approval. Apply for free here: https://forms.monday.com/forms/6ab3a990d37c8e1fa81cb3133056c02a
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808 Columbia St Photo Gallery 1
1 of 14
1 Unit Available
808 Columbia St
808 Columbia Street, Memphis, TN 38112
Binghampton-Lester
2 Bedrooms
$695
808 sqft
Last updated January 19 at 2:29 AM
961 National St Photo Gallery 1
1 of 15
1 Unit Available
961 National St
961 National Street, Memphis, TN 38122
2 Bedrooms
$695
825 sqft
Last updated January 19 at 2:29 AM
This 2BR/1BA features a nice-sized living area and kitchen that is ample for preparing great meals. An expansive backyard and private drive and off-street parking. Call Reedy and Company for more information (901) 842-0805
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3384 Guernsey Ave Photo Gallery 1
1 of 19
1 Unit Available
3384 Guernsey Ave
3384 Guernsey Avenue, Memphis, TN 38122
2 Bedrooms
$695
825 sqft
Last updated January 19 at 2:29 AM
This 2BR/1BA features a nice-sized living area and kitchen that is ample for preparing great meals. An expansive backyard and private drive and off-street parking. Call Reedy and Company for more information (901) 842-0805
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3222 Thirteen Colony Mall 2B Photo Gallery 1
1 of 5
1 Unit Available
3222 Thirteen Colony Mall 2B
3222 Thirteen Colony Mall, Memphis, TN 38115
Fox Meadows
2 Bedrooms
$650
1120 sqft
Last updated January 19 at 2:29 AM
Lovely 2 bedrooms 2 bathroom house with a total area of 1,120 Sq Ft. The spacious living room is fully carpeted. The kitchen is neat with lots of storage cabinets and granite countertop. Schedule a viewing today!
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1611 Ruskin Rd Photo Gallery 1
1 of 5
1 Unit Available
1611 Ruskin Rd
1611 Ruskin Road, Memphis, TN 38108
3 Bedrooms
$695
578 sqft
Last updated January 19 at 2:29 AM
Charming 3 bedroom 1 bathroom house with a total area of 578 sq ft. The bright and airy interior features hardwood floors and plenty of large windows for natural light. The kitchen is neat with granite countertop. With storm door and covered front porch. Schedule a viewing today!
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2657 Whitman Ave Photo Gallery 1
1 of 14
1 Unit Available
2657 Whitman Ave
2657 Whitman Avenue, Memphis, TN 38112
Binghampton-Lester
2 Bedrooms
$695
670 sqft
Last updated January 19 at 2:29 AM
This 2BR/1BA features a nice-sized living area, and kitchen that is ample for preparing great meals. An expansive backyard and private drive and off-street parking. Call Reedy and Company for more information (901) 842-0805 -- to view this home using our automated showing system call (901) 441-9098!!
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3040 Sinclair St Photo Gallery 1
1 of 5
1 Unit Available
3040 Sinclair St
3040 Sinclair Street, Memphis, TN 38127
Frayser
2 Bedrooms
$700
687 sqft
Last updated January 19 at 2:29 AM
Charming 2 bedroom 1 bathroom house with a total area of 687.50 sq ft. The living room is spacious with large windows for natural light. The kitchen is neat with granite countertop. With storm door and covered front porch. Schedule a viewing today!
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1455 Amarillo St Photo Gallery 1
1 of 7
1 Unit Available
1455 Amarillo St
1455 Amarillo Street, Memphis, TN 38114
Cherokee
2 Bedrooms
$695
744 sqft
Last updated January 19 at 2:29 AM
You'll love the features this beautiful home has to offer. This home features laminated floors plus light fixtures throughout. The living areas are bright and spacious making this space ideal for entertaining guests or making memories with your family. Hurry and schedule your viewing now!
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845 Leon Pl Photo Gallery 1
1 of 4
1 Unit Available
845 Leon Pl
845 Leon Place, Memphis, TN 38107
Klondyke
1 Bedroom
$475
540 sqft
Last updated January 19 at 2:29 AM
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Frequently Asked Questions

Frequently Asked Questions (FAQs)

How expensive is it to rent a studio apartment in Memphis?

The average rent for a studio apartment in Memphis is $1,438 per month.

How much is rent for a one-bedroom apartment in Memphis?

One-bedroom apartment rentals in Memphis rent for $1,325 per month.

What is the typical rent for a two-bedroom apartments in Memphis?

The average rent for a two-bedroom apartment in Memphis is $1,375 per month.
City Guide for Memphis, TN

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

What to keep in mind when looking for apartments under $700 in Memphis, TN

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.