Apartments for Rent in Memphis, IN Under $1,500 (51 Rentals)Page 2 of 2
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 | $1,107 | $995 | $1,175 |
Memphis 1 Bedroom Apartments | $1,294 | $200 | $2,290 |
Memphis 2 Bedroom Apartments | $1,430 | $487 | $2,527 |
Memphis 3 Bedroom Apartments | $1,805 | $560 | $4,215 |
Memphis 4 Bedroom Apartments | $1,822 | $1,470 | $2,250 |
Explore Memphis
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 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 $2,290 with an average monthly rent of $1,294.
What does renting a Two Bedroom Apartment in Memphis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Memphis range from $487 to $2,527. Today's average rental price for Two Bedrooms here is $1,430.
How expensive are Memphis Three Bedroom Apartments?
There are currently 19 Three Bedroom Apartments listings available in Memphis on ApartmentHomeLiving.com. The pricing ranges from $560 to $4,215 - averaging $1,805 for the location.
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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.