
Cheap Homes for Rent in Memphis, NE from $1,600 (22 Rentals)
Search the lowest-cost Homes available for rent right now in Memphis.


2814 N 204th St

8711 S 143rd St

15324 Chalco Pointe Dr
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1202 Silver St

20523 Margo St

17720 Margo St

16311 Camden Ave

3304 S 158th St

17820 Margo St

12523 S 218th St
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.

20875 South Ct

6958 Claystone Dr

14148 Orchard Ave

1611 S 168th Ave

10716 N 194th St

19114 K St

21511 Arabian Rd

20855 R Ct

16720 William St
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.

19615 Marinda St

1716 S 162nd St
Memphis, NE Local Guide

How much does it cost to rent a home in Memphis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Memphis 2 Bedroom Homes for Rent | $2,014 | $1,600 | $2,295 |
Memphis 3 Bedroom Homes for Rent | $2,144 | $1,950 | $2,600 |
Memphis 4 Bedroom Homes for Rent | $2,759 | $2,350 | $3,199 |
Memphis 5 Bedroom Homes for Rent | $5,400 | $2,800 | $8,000 |
Memphis 6 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Top Homes for Rent in Memphis
Explore Memphis
Memphis, NE Local Guide
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Cheapest Available Memphis Apartments for Rent and Nearby
 The cheapest available apartment rental in Memphis, NE is a 1 Bed unit found at Stony Brook in the Millard neighborhood priced from $990. Rock Creek Apartments in the Willow Creek neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here is today’s list of the most affordable Memphis apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Stony Brook | One Bedroom 11A | 1BR,1BA | $990 |
Rock Creek Apartments | One Bedroom | 1BR,1BA | $1,000 |
The Trails at North Streams | Standing Bear | Studio,1BA | $1,055 |
The Village on the Preserve | Oak | 1BR,1BA | $1,070 |
Fifty575 Coventry | E | Studio,1BA | $1,090 |
Best Value Apartments for Rent in Memphis, NE and Nearby
As of September 12, 2025 the best value apartment in the Memphis area is the $1.11 price per square foot Select Unit C Model at Bellbrook Townhomes in the in the Ballena neighborhood starting from $1,800. The second greatest value Memphis apartment is the AC Unit F - 3 I 2 Model at The Creek Apartments starting at $1,995 with a $1.59 price per square foot in the Ballena 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. |
---|---|---|---|
Bellbrook Townhomes | Select Unit C | 2BR,2.5BA | $1.11 |
The Creek Apartments | AC Unit F - 3 I 2 | 3BR,2BA | $1.59 |
Villas At The Pines | 2 Bedroom | 2BR,2BA | $1.14 |
Lakeside Hills | The Charles | 1BR,1BA | $1.39 |
Dalmore Apartments | Toronto | 2BR,2BA | $1.45 |
Trade Winds Apartment Homes | Two Bedroom | 2BR,2BA | $1.34 |
Andover Pointe Apartment Homes | One Bedroom One Bath | 1BR,1BA | $1.62 |
Stony Brook | One Bedroom 11A | 1BR,1BA | $1.25 |
Live Hawthorne | Lilac | 1BR,1BA | $1.60 |
Rock Creek Apartments | One Bedroom | 1BR,1BA | $1.37 |
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Pet Friendly LifestyleMemphis, NE
Ranked #87
Among cities in Nebraska for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Memphis, NE Rentals by Map
See the most popular apartments and homes in Memphis, NE
Frequently Asked Questions about Memphis
What type of rentals are currently available in Memphis?
There are currently 42 Apartments for Rent in Memphis, NE with pricing that ranges from $799 to $3,750. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Memphis ranging from $1,600 to $8,000.
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 $1,600 to $8,000 with an average monthly rent of $3,163.
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 $1,510 to $3,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $2,600. Four Bedroom Single-Family rentals are also available starting from $2,350 and Four Bedroom Apartments start at $3,135.
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 Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.