
Apartments for Rent in Memphis, IN Under $1,200 (33 Rentals)


Adelyn Apartments

The Laurel

The Bend

The Flats of River Ridge

Holmans Crossing Apartments

Heritage Square

Renaissance Park Apartments
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.

Greenbrier Apartments

Armstrong Farm

The Jeff On 10th

Ashby Apartments

Parkside Trace Apartments

Stonebridge Apartments

Charlestown Flats

Willow Run
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.

Meadows at Green Tree

Colonial Village Apartments

Clarksville Lofts

Courtyard Apartments

Yellowwood Terrace Affordable Senior Housing

201 Stonebench Cir

Silver Creek Commons East & West

9102 Beacon Dr
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.

629 W Market St

428 Locust St

1109 Lighthouse Cove

Koehler Springs

The Commons Apartments

2830-2834 Charlestown Rd

Klerner Lane Apartments

Arbor Place Apartments
Louisville's Best Affordable Neighborhoods
Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer

Foxtail Pointe
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 | $1,178 | $1,026 | $1,266 |
| Memphis 1 Bedroom Apartments | $1,211 | $200 | $1,525 |
| Memphis 2 Bedroom Apartments | $1,324 | $845 | $2,296 |
| Memphis 3 Bedroom Apartments | $1,650 | $1,116 | $1,985 |
Browse Top Apartments in Memphis
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Memphis, IN Local Guide
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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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleThe 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
Read ArticleQuick 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!
Explore Memphis, IN Rentals by Map
See the most popular apartments and homes in Memphis, IN
Frequently Asked Questions about Memphis
What is the current price range for One Bedroom Memphis Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Memphis ranges from $200 to $1,525 with an average monthly rent of $1,211.
What does renting a Two Bedroom Apartment in Memphis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Memphis range from $845 to $2,296. Today's average rental price for Two Bedrooms here is $1,324.
How expensive are Memphis Three Bedroom Apartments?
There are currently 20 Three Bedroom Apartments listings available in Memphis on ApartmentHomeLiving.com. The pricing ranges from $1,116 to $1,985 - averaging $1,650 for the location.
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

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.

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.

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.

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.