Cheap Apartments in Memphis, TN Under $500 (5 Apartments for Rent)

The Metropolitan and Greenlaw Place Apartm...
Cheap Apartment
1 to 3 Bedroom Apartments
Available Now

The Metropolitan and Greenlaw Place Apartm...

374 Mill Ave
Memphis , TN 38107
Chickasaw Place Apartments
From $133
1 to 4 Bedroom Apartments
Available Now

Chickasaw Place Apartments

203 E Red Oak Dr
Memphis , TN 38112
1614 Winway Dr, Unit 1
From $500
0 Bedroom Apartments
Available Now

1614 Winway Dr, Unit 1

1614 Winway Dr
Memphis , TN 38116
3546 Dalebranch Dr, Unit 2
From $498
0 Bedroom Apartments
Available Now

3546 Dalebranch Dr, Unit 2

3546 Dalebranch Dr
Memphis , TN 38116
1630 Denson Dr, Unit 1
From $499
0 Bedroom Apartments
Available Now

1630 Denson Dr, Unit 1

1630 Denson Dr
Memphis , TN 38116

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How much does it cost to rent Apartments in Memphis?

Bedroom Average Rent Cheapest Rent Highest Rent
Memphis Studio Apartments $633 $995.5 $1358
Memphis 1 Bedroom Apartments $311 $311 $311
Memphis 2 Bedroom Apartments $465 $465 $465
Memphis 3 Bedroom Apartments $600 $600 $600
Memphis 4 Bedroom Apartments $637 $637 $637

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Frequently Asked Questions about Memphis

Is there a program in Memphis that helps find affordable housing?

Yes, there may be programs in Memphis that assist in finding affordable housing. These programs can be run by city or state governments, nonprofit organizations or private companies, such as HPD, NYC Housing Connect, Section 8 Housing, etc.

How can I find low-income Apartments in Memphis?

To find low-income Apartments in Memphis, you can search online for affordable housing sites like Allinfohome which specializes in finding affordable Apartments, check with the nonprofit organization that specializes in housing assistance, or contact your city or state government for information about affordable housing programs.

How much should I pay for a low-income apartment in Memphis?

The price of a low-income Apartments in Memphis will depend on various factors such as location, size and amenities. In general, however, affordable housing units are typically set as a percentage of a tenant's income, typically up to a maximum of about 30% to 40%.

What are the eligibility criteria for low-income Apartments in Memphis?

Eligibility criteria for low-income Apartments in Memphis will vary depending on the specific program or organization that provides affordable housing. Income level, household size and residency status are among the key factors in determining eligibility for affordable housing.

Can I apply for low-income housing at Memphis if I have bad credit?

Yes, you can apply for low-income housing at Memphis even if you have bad credit. However, you will need to clarify your situation with your landlord and provide relevant documents to prove you can afford to pay the rent.

How to find cheap Apartments in Memphis?

To find cheap Apartments in Memphis, you can search online for Apartments listing websites, check with local real estate agencies or use search engines. Rentals allows you to filter by price range. You might also consider looking for Apartments in less popular residential areas or areas farther from the city center. Above all, you can use Allinfohome which is a platform that provides information about cheap Apartments at Memphis

What are some of the most affordable neighborhoods to live in Memphis?

The most affordable neighborhoods to live in Memphis may vary depending on the specific city. You can explore neighborhoods farther from the city center or currently undergoing redevelopment that may offer more affordable housing options.

What should I look for in a cheap Apartments in Memphis?

When looking for a cheap Apartments in Memphis, it is important to consider factors such as location, safety, amenities and condition of the Apartments. While you may be able to find a cheaper Apartments in a less popular area, you should also make sure it meets your basic needs and is safe and comfortable to live in.

Can I negotiate the rent with the landlord in Memphis?

Yes, you can negotiate rent with Memphis landlords, especially if you have good credit or a steady income. However, keep in mind that landlords are not always willing to negotiate, and the rental market in some cities can be competitive, making it more difficult to negotiate rents.

Is there a government program in Memphis that can help me find affordable housing?

Yes, there may be government programs in Memphis that can help you find affordable housing. These programs may include public housing, Section 8 coupons, or rent assistance programs. You can contact your city or state government or local nonprofit organizations for more information about these programs.