Memphis

Apartments for rent in Memphis: What will $500 get you?

AI Assisted Icon
Published on July 31, 2019
Apartments for rent in Memphis: What will $500 get you?2743 Ketchum Road. | Photo: Apartment Guide

Curious just how far your dollar goes in Memphis?

We've rounded up the latest places for rent via rental sites Zumper and Apartment Guide to get a sense of what to expect when it comes to scoring affordable apartments in Memphis if you've got $500/month earmarked for your rent.

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.


1485 E. Mallory Ave. (Midtown)

Photo: Zumper

Here's a one-bedroom, one-bathroom apartment situated at 1485 E. Mallory Ave. It's listed for $425/month for its 800 square feet.

Animals are not allowed. There isn't a leasing fee associated with this rental.

Walk Score indicates that this location is car-dependent and isn't particularly bikeable.

(See the complete listing here.)

241 N. Waldran Blvd.

Photo: Zumper
Photo: Zumper

This one-bedroom, one-bathroom spot at 241 N. Waldran Blvd. is going for $450/month.

In the residence, the listing promises air conditioning, central heating and carpeted floors. Neither cats nor dogs are permitted. There isn't a leasing fee associated with this rental.

Walk Score indicates that the area around this address is moderately walkable and is relatively bikeable.

(See the full listing here.)

1726 S. Orleans St.

Photo: Apartment Guide
Photo: Apartment Guide

Next, check out this 788-square-foot two-bedroom, one-bathroom apartment that's located at 1726 S. Orleans St. It's listed for $460/month.

Per Walk Score ratings, this location requires a car for most errands and is somewhat bikeable.

(Take a look at the complete listing here.)

3551 Dalebranch Drive (White Haven-Coro Lake)

Photo: Zumper

Located at 3551 Dalebranch Drive, here's a 606-square-foot one-bedroom, one-and-a-half-bathroom unit that's listed for $495/month.

Expect to find air conditioning, hardwood flooring and a walk-in closet in the apartment. Building amenities include secured entry and assigned parking. Both cats and dogs are permitted here. The rental doesn't require a leasing fee.

According to Walk Score's assessment, the area around this address is moderately walkable and is fairly bikeable.

(See the complete listing here.)

2743 Ketchum Road (East Memphis-Colonial-Yorkshire)

Photo: Apartment Guide
Photo: Apartment Guide

Finally, there's this one-bedroom, one-bathroom apartment situated at 2743 Ketchum Road. It's listed for $500/month for its 573 square feet.

The unit features a mix of hardwood floors and carpeting and a walk-in closet. When it comes to building amenities, expect assigned parking and on-site laundry. Animals are not permitted. Be prepared for a $200 pet fee.

According to Walk Score's assessment, the surrounding area requires a car for most errands and isn't particularly bikeable.

(Take a gander at 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 from Zumper and Apartment Guide, 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