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Affordable apartments in Memphis, Tennessee

190 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

165 lihtc20 section 85 section 202

Buildings

CAMBRIDGE COURT PHASE I

LIHTC
3357 E WINCHESTER PL, MEMPHIS, TN, 38116
Income-restricted units
432 of 432
Year placed in service
1997
Bedroom mix
432 2BR

Estimated total housing cost: $1,060 rent + $161 utilities = $1,221/mo

Contact property management for current availability. Waitlists may apply.

SUMMIT PARK APTS

LIHTC
1770 PIPING ROCK DR, MEMPHIS, TN, 38116
Income-restricted units
402 of 402
Year placed in service
2007
Bedroom mix
64 1BR · 266 2BR · 56 3BR · 16 4+BR

Estimated total housing cost: $1,060 rent + $161 utilities = $1,221/mo

Contact property management for current availability. Waitlists may apply.

MILLCREEK APTS

LIHTC
4595 WATER MILL DR, MEMPHIS, TN, 38116
Income-restricted units
397 of 448
Year placed in service
1995
Bedroom mix
104 1BR · 336 2BR · 8 3BR

Estimated total housing cost: $1,060 rent + $161 utilities = $1,221/mo

Contact property management for current availability. Waitlists may apply.

BENT TREE APTS

LIHTC
3471 W BRIARPARK DR, MEMPHIS, TN, 38116
Income-restricted units
379 of 379
Year placed in service
1998
Bedroom mix
1 2BR · 378 3BR

Estimated total housing cost: $1,060 rent + $161 utilities = $1,221/mo

Contact property management for current availability. Waitlists may apply.

PARKWAY VILLAGE APTS

LIHTC
4104 TARRY PARK, MEMPHIS, TN, 38118
Income-restricted units
344 of 344
Year placed in service
2006
Bedroom mix
56 1BR · 174 2BR · 114 3BR

Estimated total housing cost: $1,060 rent + $161 utilities = $1,221/mo

Contact property management for current availability. Waitlists may apply.

SOUTHERN PINES APTS

LIHTC
41 W BELZ BLVD, MEMPHIS, TN, 38109
Income-restricted units
314 of 314
Year placed in service
2005
Bedroom mix
46 1BR · 236 2BR · 32 3BR

Estimated total housing cost: $1,060 rent + $161 utilities = $1,221/mo

Contact property management for current availability. Waitlists may apply.

MEMPHIS TOWERS

Section 8
1081 COURT AVE, Memphis, TN, 38104
Income-restricted units
296 of 296
Year placed in service
Not reported

Estimated total housing cost: $1,060 rent + $161 utilities = $1,221/mo

Contact property management for current availability. Waitlists may apply.

MEMPHIS TOWERS II

LIHTC
1081 CT AVE, MEMPHIS, TN, 38104
Income-restricted units
296 of 296
Year placed in service
2003
Bedroom mix
296 1BR

Estimated total housing cost: $1,060 rent + $161 utilities = $1,221/mo

Contact property management for current availability. Waitlists may apply.

EDEN POINTE APTS

LIHTC
3235 E DANVILLE CIR, MEMPHIS, TN, 38118
Income-restricted units
288 of 288
Year placed in service
2007
Bedroom mix
56 1BR · 232 2BR

Estimated total housing cost: $1,060 rent + $161 utilities = $1,221/mo

Contact property management for current availability. Waitlists may apply.

ST PETER MANOR

Section 8
108 N AUBURNDALE ST, Memphis, TN, 38104
Income-restricted units
283 of 283
Year placed in service
Not reported

Estimated total housing cost: $1,060 rent + $161 utilities = $1,221/mo

Contact property management for current availability. Waitlists may apply.

ST. PETER MANOR

LIHTC
108 N. AUBURNDALE, MEMPHIS, TN, 38104
Income-restricted units
283 of 283
Year placed in service
9999
Bedroom mix
49 studio · 234 1BR

Estimated total housing cost: $1,060 rent + $161 utilities = $1,221/mo

Contact property management for current availability. Waitlists may apply.

ST PETER MANOR

Section 202
108 N AUBURNDALE ST, Memphis, TN, 38104
Income-restricted units
283 of 283
Year placed in service
Not reported

Estimated total housing cost: $1,060 rent + $161 utilities = $1,221/mo

Contact property management for current availability. Waitlists may apply.

Showing 12 of 190. Open any pin on the map below for the rest.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

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Energy costs in Tennessee

Residential electricity in Tennessee runs about 13.31¢/kWh, with a typical monthly residential electric bill near $161. Natural gas runs about $16.10/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for 38126

Zip-level (SAFMR)
BedroomsLocal FMRNational median
Studio$840n/a
1 bedroom$940n/a
2 bedroom$1,060$1,502
3 bedroom$1,390n/a
4 bedroom$1,620n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: hud_safmr.

HUD income limits : Shelby County, TN

Memphis, TN-MS-AR. FY2025. Area median income: $91,100.

Household size30% AMI50% AMI80% AMI
1 person$19,150$31,900$51,050
2 people$21,900$36,450$58,350
3 people$26,650$41,000$65,650
4 people$32,150$45,550$72,900
5 people$37,650$49,200$78,750
6 people$43,150$52,850$84,600
7 people$48,650$56,500$90,400
8 people$54,150$60,150$96,250

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

Affordable rentals in nearby Tennessee cities

See all affordable-rental cities in Tennessee

About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Memphis cost-of-living and Fair Market Rent overview