1 Bedroom Apartments for Rent in Memphis, IN (30 Rentals)

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Ashby Apartments
Rent Specials
$937 - $985
Total Monthly Price

Total Monthly Price

Base Rent
$903 - $1,109
Required Monthly Fees
$34

Total Monthly Price
$937 - $1,143
1 Bedroom Apartments Available Now

Ashby Apartments

7722 Old State Road 60Sellersburg, IN 47172
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  • Utilities Included
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Lakeview Apartments
Rent Specials
$942
Total Monthly Price

Total Monthly Price

Base Rent
$908 - $1,335
Required Monthly Fees
$34

Total Monthly Price
$942 - $1,369
1 Bedroom Apartments Available Now

Lakeview Apartments

7000 Lake DrSellersburg, IN 47172
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  • Customer Reviewed
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Carrington Place Apartments
Rent Specials
$1,019 - $1,054
Total Monthly Price

Total Monthly Price

Base Rent
$985 - $1,085
Required Monthly Fees
$34

Total Monthly Price
$1,019 - $1,119
1 Bedroom Apartments Available Now

Carrington Place Apartments

3104 Holmans LnJeffersonville, IN 47130
Cost Per Sq.Ft.
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  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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z-120125-The Monroe
1 Bedroom Apartments

z-120125-The Monroe

940 University Woods DrNew Albany, IN 47150
Corporate Housing

Louisville's Best Affordable Neighborhoods

Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer

Memphis, IN Local Guide

Largest Available Memphis and Nearby 1 Bedroom Apartments

The largest available 1 Bedroom apartment unit in Memphis, IN is found at Carrington Place Apartments in the Oak Park neighborhood and is 1,160 square feet priced from $1,054. The Laurel has the second largest 1 Bedroom, which is sized at 967 square feet and currently listed start at $1,305. Here is today’s list of the largest available 1 Bedroom units in Memphis:

Apartment ListingModel NameSquare FootagePriced From
Carrington Place Apartments1 BEDROOM 2 BATHROOM WITH DEN1,160 Sq Ft$1,054
The LaurelA8- Goldenrod (Den)967 Sq Ft$1,305
The Commons Apartments1 BEDROOM931 Sq Ft$1,222
Ashby Apartments1 BEDROOM 1 BATHROOM LARGE863 Sq Ft$985
Forest Edge ApartmentsThe Elm II853 Sq Ft$1,325
Parkside Trace Apartments1 BEDROOM 1 BATHROOM NEW CONSTRUCTION849 Sq Ft$999
Lakeside Gardens1 bed, 1 bath819 Sq FtCall for Rates
The Slate1 bed, 1 bath819 Sq Ft$1,215
Arbour Place Apartments1 Bed, 1 Bath819 Sq Ft$1,360
The Warren Apartments1 Bed, 1 Bath819 Sq Ft$1,270

Cheapest Available Memphis and Nearby 1 Bedroom Apartments

As of March 21, 2026 the lowest priced 1 Bedroom apartment unit in Memphis, IN is the Standard Model starting from $200 at Yellowwood Terrace Affordable Senior Housing in the Southern Indiana neighborhood. The second most affordable Memphis 1 Bedroom is the The Elm Model at Meadows at Green Tree starting at $855 . The average price for all 1 Bedroom apartments in Memphis is currently $1,200. Here is today’s list of the cheapest available 1 Bedroom options in Memphis:

Apartment ListingModel NamePriced From
Yellowwood Terrace Affordable Senior HousingStandard$200
Meadows at Green TreeThe Elm$855
Clarksville Lofts1 br small$899
Ashby Apartments1 BEDROOM 1 BATHROOM SMALL$937
Lakeview Apartments1 BEDROOM 1 BATHROOM$942
Charlestown FlatsOne Bedroom Flat$995
Parkside Trace Apartments1 BEDROOM 1 BATHROOM NEW CONSTRUCTION$999
Carrington Place Apartments1 BEDROOM 1 BATHROOM$1,019
The Courtyard Apartments1.1B$1,064
Armstrong Farm1 Bed | 1 Bath$1,065

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Louisville, KY | Find Louisville Off-Campus Student Housing at ApartmentHomeLiving.com

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about 1 Bedroom Memphis Apartments

How much is the average rent for a 1 Bedroom Memphis Apartment?

The average rent for a 1 Bedroom Apartment in Memphis is $1,200.

What is the largest available 1 Bedroom Memphis Apartment for rent?

Today's apartment with the most square footage in Memphis is a 1,160 square feet unit starting from $1,054 at Carrington Place Apartments.

What is the average size for Memphis 1 Bedroom Apartments for rent?

The average size for a 1 Bedroom rental in Memphis is currently 745 sq ft.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for The 10 Best Affordable Neighborhoods for Renting in Louisville, KY article

The 10 Best Affordable Neighborhoods for Renting in Louisville, KY

Written by: Mike Heuer

Louisville, Kentucky, founded in 1778, has grown to be the largest city in Kentucky and is a terrific city situated right along the south bank of the Ohio River.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.