2-982 W Vest St
ScottsburgIN47170
Cheap Homes for Rent in Memphis, IN from $900 (10 Rentals)
Cheap Homes in Memphis.
3103 Lighthouse Dr
JeffersonvilleIN47130
2424 Addmore Ln
ClarksvilleIN47129
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.
1747 E Oak St
New AlbanyIN47150
213 Starlight Dr
ClarksvilleIN47129
4934 Grant Line Rd
New AlbanyIN47150
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
4930 Grant Line Rd
New AlbanyIN47150
4932 Grant Line Rd
New AlbanyIN47150
1915 Paddle Wheel Dr
JeffersonvilleIN47130
Louisville's Best Affordable Neighborhoods
Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer
10700 US-42
ProspectKY40059
Showing Results 1-10, Page 1 of 1
Memphis, IN Local Guide
Memphis Indiana by Bedford is licensed under Internal
How much does it cost to rent a home in Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Memphis 2 Bedroom Homes for Rent | $1,517 | $1,220 | $2,000 |
| Memphis 3 Bedroom Homes for Rent | $1,868 | $1,250 | $2,430 |
| Memphis 4 Bedroom Homes for Rent | $3,319 | $1,745 | $5,500 |
| Memphis 5 Bedroom Homes for Rent | $3,325 | $2,150 | $4,500 |
Browse Top Homes for Rent in Memphis
Explore Memphis
Memphis, IN Local Guide
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Cheapest Available Memphis Apartments for Rent and Nearby
The cheapest available apartment rental in Memphis, IN is a 1 Bed unit found at Yellowwood Terrace Affordable Senior Housing in the Southern Indiana neighborhood priced from $200. Courtyard Apartments in the Downtown New Albany neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $828. Here is today’s list of the most affordable Memphis apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,1BA | $200 |
| Courtyard Apartments | 2.1A | 2BR,1BA | $828 |
| Meadows at Green Tree | 2 Bedroom/1.5 Bath | 2BR,1BA | $915 |
Best Value Apartments for Rent in Memphis, IN and Nearby
As of May 01, 2025 the best value apartment in the Memphis area is the $0.89 price per square foot Koehler Springs II Model at Koehler Springs in the in the Southern Indiana neighborhood starting from $1,200. The second greatest value Memphis apartment is the WITH Storage Model at Williams Crossing Townhomes starting at $1,400 with a $1.04 price per square foot in the Southern Indiana neighborhood. Here is today’s list of the best values for Memphis apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Koehler Springs | Koehler Springs II | 3BR,2.5BA | $0.89 |
| Williams Crossing Townhomes | WITH Storage | 3BR,2.5BA | $1.04 |
| Parkside Trace Apartments | 2 BEDROOM 2 BATHROOM NEW CONSTRUCTION | 2BR,2BA | $1.14 |
| Lakeview Apartments | 2 BEDROOM 2 BATHROOM B | 2BR,2BA | $1.12 |
| The Monroe | 2 Bedroom One & One Half Bathroom Deluxe | 2BR,1.5BA | $1.16 |
| Nicholas Landing | Two Bedroom | 2BR,2BA | $1.16 |
| Holmans Crossing Apartments | 2Bedroom/2Bathroom 986 sqft (1st or 2nd floor) | 2BR,2BA | $1.11 |
| Meadows at Green Tree | 2 Bedroom/1.5 Bath | 2BR,1.5BA | $1.14 |
| Courtyard Apartments | 2.1A | 2BR,1BA | $1.03 |
| Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,1BA | $0.34 |
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Frequently Asked Questions about Memphis
What type of rentals are currently available in Memphis?
There are currently 39 Apartments for Rent in Memphis, IN with pricing that ranges from $200 to $3,733. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Memphis ranging from $950 to $5,500.
What is the current price range for Rental Homes in Memphis?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Memphis ranges from $950 to $5,500 with an average monthly rent of $2,195.
How much are larger Three and Four Bedroom Rentals in Memphis?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Memphis range from $560 to $3,733, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,430. Four Bedroom Single-Family rentals are also available starting from $1,745 and Four Bedroom Apartments start at $1,470.
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.
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.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.