2 Bedroom Apartments for Rent in Memphis, IN (45 Rentals)

The Bend

Plum Ridge Apartments

Stonecrest Apartments

The Warren Apartments

The Flats of River Ridge

Courtyard Apartments

Heritage Square

Arbour Place Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Laurel

TJM - The Jeff On 10th

The Slate

Stonebridge Apartments

Armstrong Farm

Flats on 10th
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.

The Monroe

Forest Edge Apartments

Adelyn on Grant Line

Parkside Trace Apartments

Renaissance Park Apartments

Ashby Apartments

Lakeside Gardens

Holmans Crossing Apartments

Meadows at Green Tree

Carrington Place Apartments
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.

Nicholas Landing

Colonial Village Apartments

Greenbrier Apartments

214 E 13th St

216 E 13th St

136 E Harrison Ave
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.

449 N New Albany St

1740 E Market St

3103 Lighthouse Dr

4235 Mel Smith Rd

1827 Scott Rd

2908 Belknap Beach Rd

806 Vincennes St
Louisville's Best Affordable Neighborhoods
Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer
Memphis, IN Local Guide

How much does it cost to rent an apartment in Memphis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Memphis Studio Apartments | $1,113 | $1,001 | $1,181 |
Memphis 1 Bedroom Apartments | $1,278 | $200 | $2,375 |
Memphis 2 Bedroom Apartments | $1,493 | $845 | $4,623 |
Memphis 3 Bedroom Apartments | $1,833 | $1,200 | $5,454 |
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Memphis, IN Local Guide
- Nearby Cities
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- School Districts
Largest Available Memphis and Nearby 2 Bedroom Apartments
The largest available 2 Bedroom apartment unit in Memphis, IN is found at Lakeside Gardens in the Oak Park neighborhood and is 1,243 square feet priced from $1,385. The Slate in the Southern Indiana neighborhood has the second largest 2 Bedroom, which is sized at 1,243 square feet and currently listed start at $1,450. Here is today’s list of the largest available 2 Bedroom units in Memphis:
Apartment Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
Lakeside Gardens | 2 bed, 2 bath | 1,243 Sq Ft | $1,385 |
The Slate | 2 bed, 2 bath | 1,243 Sq Ft | $1,450 |
Forest Edge Apartments | The Sequoia | 1,243 Sq Ft | $1,475 |
Arbour Place Apartments | 2 Bed, 2 Bath | 1,243 Sq Ft | $1,570 |
The Warren Apartments | 2 Bed, 2 Bath | 1,243 Sq Ft | $1,550 |
The Laurel | C7- Sunflower | 1,226 Sq Ft | Call for Rates |
The Monroe | Two Bedroom One & One Half Bathroom Deluxe | 1,200 Sq Ft | $1,229 |
TJM - The Jeff On 10th | 2B1LJB | 1,150 Sq Ft | $1,850 |
Plum Ridge Apartments | Two Bed | 1,140 Sq Ft | $1,200 |
The Commons Apartments | 2 BEDROOM | 1,135 Sq Ft | $1,361 |
Cheapest Available Memphis and Nearby 2 Bedroom Apartments
As of June 21, 2025 the lowest priced 2 Bedroom apartment unit in Memphis, IN is the 2.1A Model starting from $845 at Courtyard Apartments in the Southern Indiana neighborhood. The second most affordable Memphis 2 Bedroom is the 2 Bedroom/1.5 Bath Model at Meadows at Green Tree starting at $955 . The average price for all 2 Bedroom apartments in Memphis is currently $1,493. Here is today’s list of the cheapest available 2 Bedroom options in Memphis:
Apartment Listing | Model Name | Priced From |
---|---|---|
Courtyard Apartments | 2.1A | $845 |
Meadows at Green Tree | 2 Bedroom/1.5 Bath | $955 |
Colonial Village Apartments | .The Brendon | $1,091 |
Renaissance Park Apartments | Two Bedroom Two Bathroom | $1,095 |
Willow Run | Two Bed Two Bath with Master Bed | $1,124 |
Parkside Trace Apartments | 2 BEDROOM 2 BATHROOM | $1,169 |
Stonebridge Apartments | Second Floor 2Bed/2Bath | $1,175 |
Greenbrier Apartments | 892 SQ FT - PHASE 1 | $1,181 |
Flats on 10th | 2 Bed 2 Bath B1 | $1,185 |
The Monroe | 2 Bedroom One & One Half Bathroom | $1,199 |
Quick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Memphis, IN
Walk Score®
10 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
24 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about 2 Bedroom Memphis Apartments
How much is the average rent for a 2 Bedroom Memphis Apartment?
The average rent for a 2 Bedroom Apartment in Memphis is $1,493.
What is the largest available 2 Bedroom Memphis Apartment for rent?
Today's apartment with the most square footage in Memphis is a 1,243 square feet unit starting from $1,385 at Lakeside Gardens.
What is the average size for Memphis 2 Bedroom Apartments for rent?
The average size for a 2 Bedroom rental in Memphis is currently 890 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.