Memphis

Renting in Memphis: What will $500 get you?

AI Assisted Icon
Published on June 07, 2019
Renting in Memphis: What will $500 get you?1726 S. Orleans St. | Photo: Apartment Guide

Curious just how far your dollar goes in Memphis?

We've rounded up the latest rental offerings via rental sites Zumper and Apartment Guide to get a sense of what to expect when it comes to locating an apartment in Memphis if you're on a budget of $500/month.

Read on for the listings. (Note: prices and availability are subject to change.)

Hoodline offers data-driven analysis of local happenings and trends across cities. Links included in this article may earn Hoodline a commission on clicks and transactions.


3645 MacOn Road (Berclair-Highland Heights)

Photo: Zumper
Photo: Zumper

Listed at $415/month, this 700-square-foot one-bedroom, one-bathroom apartment is located at 3645 MacOn Road.

The unit comes with hardwood floors and both air conditioning and central heating. On-site laundry is listed as a building amenity. If you've got a pet, you'll be happy to learn that cats and dogs are permitted. Look out for a broker's fee equal to one month's rent.

According to Walk Score, the area around this address requires a car for most errands and is bikeable.

(Take a look at the complete listing here.)

1726 S. Orleans St.

Photo: Apartment Guide
Photo: Apartment Guide

Here's a 788-square-foot two-bedroom, one-bathroom apartment at 1726 S. Orleans St. that's going for $460/month.

You can expect hardwood flooring and central heating and air conditioning in the unit. On-site laundry is listed as a building amenity. For those with furry friends in tow, know that cats and dogs are permitted on this property.

According to Walk Score's assessment, this location isn't very walkable and has some bike infrastructure.

(See the full listing here.)

2038 Southern Ave. (Midtown)

Photo: Zumper
Photo: Zumper

Next, check out this 470-square-foot one-bedroom, one-bathroom abode that's located at 2038 Southern Ave. It's listed for $475/month.

Look for both central heating and air conditioning in the unit. Cats and dogs are not welcome.

According to Walk Score, the surrounding area is somewhat walkable and is quite bikeable.

(Check out the complete listing here.)

1095 Merriwether Ave.

Photo: Zumper

Listed at $490/month, this one-bedroom, one-bathroom unit is located at 1095 Merriwether Ave.

The unit includes air conditioning. Pet owners, inquire elsewhere: This spot doesn't allow cats or dogs. There isn't a leasing fee associated with this rental.

According to Walk Score's assessment, this location is moderately walkable and is relatively bikeable.

(Check out the complete listing here.)

Working with a tight budget? Here are the cheapest rentals recently listed in Memphis.


This story was created automatically using local real estate data, then reviewed by an editor. Click here for more about what we're doing. Got thoughts? Go here to share your feedback.

Memphis-Real Estate & Development