38103 Cheap Apartments For Rent

403 rentals available

Indigo Riverview | 99 N Main St, Memphis, TN
$864+ Studio

3D Tour23 available units
Image 1 of 35
$864+Studio
$1,054+1 bd
$1,379+2 bd
The Commonwealth, 240 Madison Ave APT 508, Memphis, TN 38103
$995/mo
Studio
1 ba
541 sqft
- Apartment for rent
30 days ago
Image 1 of 4
Loading...
South Junction Apartments | 9 E Carolina Ave, Memphis, TN
$999+ Studio

3D TourSpecial Offer
Image 1 of 59
$999+Studio
$1,249+1 bd
$1,599+2 bd
South Line | 600 S Front St, Memphis, TN
$999+ Studio

3D TourSpecial Offer
Image 1 of 68
$999+Studio
$1,320+1 bd
$1,740+2 bd
109 N Main St, Memphis, TN
$1,000+ 1 bd

53 days ago3 available units
Image 1 of 25
$1,000+1 bd
720 Litty Ct APT 305, Memphis, TN 38103
$1,000/mo
Studio
1 ba
595 sqft
- Apartment for rent
20 days agoApply instantly
Image 1 of 5
Fielder Square | 70 S 4th St, Memphis, TN
$1,018+ Studio

Special Offer
Image 1 of 48
$1,018+Studio
$1,195+1 bd
$1,401+2 bd
$2,343+3 bd
Downtown Memphis Flats | 105 S Main St, Memphis, TN
$1,050+ 1 bd

3D TourSpecial Offer
Image 1 of 46
$1,050+1 bd
$1,690+2 bd
The Peabody Collection Apartments | 125 Gayoso Ave, Memphis, TN
$1,080+ Studio

68 available units
Image 1 of 31
$1,080+Studio
$1,195+1 bd
$1,710+2 bd
Loading...

to get email alerts when listings hit the market.

For Rent
Tennessee
Shelby County
38103

CHEAP APARTMENTS IN 38103

Looking for a cheap apartment in 38103? Act quickly; affordable apartments in 38103 exist but don’t stay on the market for long.

When shopping for a cheap apartment, it’s important to establish your list of must-have features before beginning. Stay flexible during the rental shopping process as you may have to sacrifice certain amenities to meet your budget. You could find an apartment that fits your budget, but it might lack square footage. Or you might find an apartment in the perfect neighborhood, but may have to buy all of your appliances. Stay open-minded. Reflect on the features that matter most to compromise on an apartment without overspending.

FINDING A CHEAP APARTMENT IN 38103

Hunting for a cheap apartment off-season may increase your chances to land a lease. Try to look for a new apartment in the winter months: December, January or February. You can find better deals on your unit in winter because supply is typically greater than demand and landlords advertise reduced rate apartment contracts to attract renters. As a renter in the off-season, you may be able to negotiate with your landlord and cut a deal. Landlords might offer to waive your monthly parking, provide a storage unit at no cost or include all your utilities in the monthly rent.

Cheap apartments tend to be more competitive because no one wants to spend more than they have to on rent. Do your homework, prepare all the paperwork before going to the showings and be sure to make a professional first impression.

Find What You're Looking for in an Apartment

Find Your Ideal Location

Rent Affordability Calculator

Mobile App for Rentals

Disclaimer: School attendance zone boundaries are supplied by Pitney Bowes and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

About the ratings: GreatSchools ratings are based on a comparison of test results for all schools in the state. It is designed to be a starting point to help parents make baseline comparisons, not the only factor in selecting the right school for your family. Learn more

PxPixel