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apartments under 800
Last updated December 6 2019 at 8:45 AM

274 Apartments under $800 for rent in Memphis, TN

Verified
Last updated December 6 at 07:26am
Alliance of Cordova Neighborhoods
25 Units Available
The Grove at Trinity Pointe
555 Wood Arbor Pkwy, Memphis, TN
1 Bedroom
$628
738 sqft
2 Bedrooms
$833
1059 sqft
3 Bedrooms
$1,149
1289 sqft
Come home to comfort at The Grove at Trinity Pointe Apartments in Cordova, Tennessee. Our property offers an unbeatable blend of enriching amenities with an accommodating selection of one, two, and three-bedroom floor plans.
Verified
Last updated December 6 at 04:18am
17 Units Available
Mill Creek
4537 Mill Stream Dr, Memphis, TN
1 Bedroom
$600
702 sqft
2 Bedrooms
$595
960 sqft
3 Bedrooms
$880
1460 sqft
**WINTER SPECIAL** MOVE IN BEFORE YEAR END AND RECEIVE $200 OFF JANUARY RENT! $150 OFF SECURITY DEPOSIT PENDING CREDIT APPROVAL! Mill Creek invites you to live life on your own terms. Our community offers many advantages over the competition.
Verified
Last updated December 6 at 04:17am
Hickory Hill
9 Units Available
The Woods at Ridgeway
6277 Lake Arbor Dr, Memphis, TN
1 Bedroom
$590
570 sqft
2 Bedrooms
$740
1015 sqft
3 Bedrooms
$810
1289 sqft
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.
Verified
Last updated December 6 at 06:33am
Parkway Village
42 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!
Verified
Last updated December 6 at 07:41am
Hickory Hill
69 Units Available
Legacy at the Parkway
6420 Knight Arnold Rd Ext, Memphis, TN
1 Bedroom
$602
684 sqft
2 Bedrooms
$800
985 sqft
Discover all of the possibilities at Legacy at The Parkway Homes. Our spacious one and two bedroom garden apartments feature fully equipped kitchens, ceiling fans, as well as expansive patios and balconies.
Verified
Last updated December 6 at 04:18am
Hickory Hill
9 Units Available
Cedar Run Apartment Homes
5958 E Point Dr, Memphis, TN
1 Bedroom
$625
700 sqft
2 Bedrooms
$690
900 sqft
3 Bedrooms
$950
1100 sqft
The completely renovated Cedar Run Apartments offers inviting one, two, and three-bedroom apartments for you to call home.
Verified
Last updated December 6 at 01:36am
12 Units Available
Faronia Square
1350 S Faronia Sq, Memphis, TN
2 Bedrooms
$725
3 Bedrooms
$800
Faronia Square is a beautiful property situated in Memphis, Tennessee.
Verified
Last updated December 6 at 04:18am
24 Units Available
The Summit
4981 Hidden Lake Dr, Memphis, TN
1 Bedroom
$642
673 sqft
2 Bedrooms
$776
987 sqft
3 Bedrooms
$955
1246 sqft
It is often said that life has its rewards. The Summit offers the lifestyle you deserve in the center of it all.
Verified
Last updated December 6 at 06:29am
Hickory Hill
7 Units Available
Village Green
3450 Fescue Ln, Memphis, TN
1 Bedroom
$580
703 sqft
2 Bedrooms
$655
1155 sqft
3 Bedrooms
Ask
Find studio, 1, 2 and 3 bedroom apartments for rent at Village Green in Memphis. View photos, descriptions and more!
Verified
Last updated December 6 at 07:22am
The Core
17 Units Available
ReNew Riverview
99 N Main St, Memphis, TN
Studio
$757
432 sqft
1 Bedroom
$1,234
770 sqft
2 Bedrooms
$1,244
1293 sqft
Rising 25 stories high in the downtown Memphis sky, Renew Riverview Apartments offers unparalleled views and a great location to explore all that the River City has to offer.
Verified
Last updated December 6 at 04:18am
Concerned Citizens Network System, Inc
6 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 December 6 at 04:18am
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 December 6 at 06:45am
Parkway Village
5 Units Available
Clearbrook Village Apartments
3516 Tall Oaks Cir, Memphis, TN
1 Bedroom
Ask
2 Bedrooms
$675
1000 sqft
Welcome home to Clearbrook Village Apartments. We are conveniently located in Memphis, TN within walking distance to local shopping and entertainment.
Verified
Last updated December 6 at 07:01am
Alliance of Cordova Neighborhoods
7 Units Available
The Villas at Lagrange
8293 George Brett Drive, Memphis, TN
1 Bedroom
$675
672 sqft
2 Bedrooms
$757
973 sqft
Welcome to The Villas On LaGrange, a residential community featuring spacious bedroom apartments in Cordova, TN.
Verified
Last updated December 6 at 04:18am
Concerned Citizens Network System, Inc
6 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 December 6 at 07:48am
Parkway Village
41 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 December 6 at 06:36am
Springhill Community Civic Club
4 Units Available
Country View Apartments
3990 Stephanie Ln, Memphis, TN
1 Bedroom
Ask
2 Bedrooms
$525
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 December 6 at 07:08am
Springhill Community Civic Club
7 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 December 6 at 06:38am
1 Unit Available
Gramercy Park Townhomes
2163 Nathaniel Cir W, Memphis, TN
1 Bedroom
Ask
2 Bedrooms
$775
800 sqft
Find studio, 1, 2 and 3 bedroom apartments for rent at Gramercy Park Townhomes in Memphis. View photos, descriptions and more!
Verified
Last updated June 25 at 03:20pm
University North
7 Units Available
Stratum on Highland
510 S Highland St, Memphis, TN
Studio
$1,049
364 sqft
2 Bedrooms
$789
378 sqft
4 Bedrooms
$2,236
289 sqft
The Stratum on Highland is the ultimate in University of Memphis apartments! At Stratum, you will have the comfort and lifestyle you deserve in a community that is built specifically with you in mind.
Last updated December 6 at 09:38am
Westhaven
1 Unit Available
569 Delta Rd
569 Delta Road, Memphis, TN
3 Bedrooms
$800
1010 sqft
Bring your family to this newly renovated 3br 2ba single home with extremely large back yard. Large kitchen and dinning room. Parking off street Call 2 14 34 7 631 0
Last updated December 6 at 08:34am
Springhill Community Civic Club
1 Unit Available
3722 Dorado Cv
3722 Dorado Cove, Memphis, TN
3 Bedrooms
$650
978 sqft
A nice quiet property with lots to offer! Covered parking, lots of storage and all hard surface flooring! Don't miss out! Apply now!
Last updated December 6 at 08:34am
Oakhaven
1 Unit Available
3464 Point Pleasant Ave
3464 Point Pleasant Avenue, Memphis, TN
3 Bedrooms
$800
978 sqft
Find studio, 1, 2 and 3 bedroom apartments for rent at 3464 Point Pleasant Ave in Memphis. View photos, descriptions and more!
Last updated December 6 at 08:34am
1 Unit Available
3727 Miami Ave
3727 Miami Road, Memphis, TN
2 Bedrooms
$650
666 sqft
A nice little property that is move in ready! Apply now!

December 2019 Memphis Rent Report

Welcome to the December 2019 Memphis Rent Report. Memphis rents increased 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

December 2019 Memphis Rent Report

Welcome to the December 2019 Memphis Rent Report. Memphis rents increased 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 increased slightly over the past month

Memphis rents have increased 0.2% over the past month, and have increased marginally by 0.8% in comparison to the same time last year. Currently, median rents in Memphis stand at $705 for a one-bedroom apartment and $833 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in September. Memphis' year-over-year rent growth lags the state average of 1.9%, as well as the national average of 1.4%.

    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 1.9% 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 $1,349; of the 10 largest Tennessee metro cities that we have data for, all have seen rents rise year-over-year, with Clarksville experiencing the fastest growth (+3.4%).
    • Franklin, Hendersonville, and Murfreesboro have all experienced year-over-year growth above the state average (3.3%, 3.2%, and 3.1%, respectively).

    Memphis rents more affordable than many similar cities nationwide

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

    • Memphis' median two-bedroom rent of $833 is below the national average of $1,191. Nationwide, rents have grown by 1.4% over the past year compared to the 0.8% increase in Memphis.
    • While Memphis' rents rose marginally over the past year, many cities nationwide also saw increases, including Phoenix (+3.9%), Dallas (+2.2%), and Seattle (+1.6%).
    • Renters will find more reasonable prices in Memphis than most comparable cities. For example, San Francisco has a median 2BR rent of $3,101, 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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