903 W 8th St
QuanahTX79252
Cheap Homes for Rent in Memphis, TX from $500 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Memphis.
6518 NE 12th Ave
AmarilloTX79107
6702 NE 12th Ave
AmarilloTX79107
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.
604 NW 6th St
TuliaTX79088
106 2nd St
DukeOK73532
1411 Dunaway St
AmarilloTX79104
1302 W 5th St
ClarendonTX79226
400 SE 58th Ave
AmarilloTX79118
1706 Yonkers
PlainviewTX79072
704 N Deane Dr
PampaTX79065
418 N Briscoe Ave
TuliaTX79088
623 S Hill St
AmarilloTX79104
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.
Showing Results 1-12, Page 1 of 1
Memphis, TX Local Guide
Waving Texas Flag by rcbodden is licensed under CC BY 2.0
How much does it cost to rent a home in Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Memphis 2 Bedroom Homes for Rent | $919 | $700 | $1,485 |
| Memphis 3 Bedroom Homes for Rent | $1,352 | $599 | $2,100 |
| Memphis 4 Bedroom Homes for Rent | $1,537 | $1,375 | $1,700 |
Browse Top Homes for Rent in Memphis
Explore Memphis
Memphis, TX Local Guide
- Nearby Cities
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- Local Counties
Cheapest Available Memphis Apartments for Rent and Nearby
The cheapest available apartment rental in Memphis, TX is a Studio unit found at Park 220 priced from $450. Heritage Hollow has the second lowest priced unit, which is a 1 Bed apartment currently listed from $500. Here is today’s list of the most affordable Memphis apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Park 220 | Studio | Studio,1BA | $450 |
| Heritage Hollow | A1 | 1BR,1BA | $500 |
| Granite Landing | Small Studio | Studio,1BA | $525 |
| Schneider House | 1BR/1.0BA | 1BR,1BA | $550 |
| Park Place Apartments | One Bedroom One Bath | 1BR,1BA | $550 |
Best Value Apartments for Rent in Memphis, TX and Nearby
As of August 05, 2025 the best value apartment in the Memphis area is the $0.72 price per square foot 3B60-2 Model at North Grand Villas in the in the Dumas Junction neighborhood starting from $916. The second greatest value Memphis apartment is the C1-30 Model at Hampton Villages starting at $1,097 with a $0.87 price per square foot . 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. |
|---|---|---|---|
| North Grand Villas | 3B60-2 | 3BR,2BA | $0.72 |
| Hampton Villages | C1-30 | 3BR,2BA | $0.87 |
| Cathy's Pointe Apartments | Three Bedroom | 3BR,2BA | $1.04 |
| Cypress Creek at Jason Avenue | Trinity | 2BR,2BA | $1.11 |
| Harvest Park | 2 Beds, 2 baths | 2BR,2BA | $0.62 |
| Heritage Hollow | B1 | 2BR,1BA | $0.67 |
| Brierwood Apartments | D | 1BR,1BA | $1.10 |
| Park Place Apartments | One Bedroom One Bath | 1BR,1BA | $0.86 |
| Apple Creek Apartments | One Bedroom | 1BR,1BA | $1.03 |
| Schneider House | 1BR/1.0BA | 1BR,1BA | $0.92 |
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Frequently Asked Questions about Memphis
What type of rentals are currently available in Memphis?
There are currently 46 Apartments for Rent in Memphis, TX with pricing that ranges from $400 to $2,990. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Memphis ranging from $599 to $2,100.
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 $599 to $2,100 with an average monthly rent of $1,269.
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 $565 to $2,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $599 to $2,100. Four Bedroom Single-Family rentals are also available starting from $1,375 and Four Bedroom Apartments start at $857.
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 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.
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.