
2 Bedroom Apartments for Rent in Memphis, TN Under $1,200 (405 Rentals)


Arbors of Century Center

Landings At Winchester

MAA Southwind

Azure Place Apartments

The Trails at Mt. Moriah

Canterbury Woods Apartments

The Residences at Lakeview

Uptown Square Apartments

Greenline Apartments
Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
Moving to the Bluff City? Get the insider’s guide on Memphis life, from specific neighborhood personalities and current average rent, to the best barbecue and live music spots.

Aspen Parc

Edge at Lakeview

Azur Tower

Pinebrook Pointe

The Roxbury

Crescent at Wolfchase Apartment Homes

Georgian Woods

Kings Reserve Memphis

Brentwood Parc

The Posts
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Grahamwood Place

Poplar Place Townhomes

The Canopy 2200

Emberly Apartments

Getwell Pointe Apartments

The Boulevard

Emerald Square Apartments

Sherwood Flats

The Midtowner

Emerald Pointe
The Local Memphis Expert's Guide to Renting Near the City's Top Employers
Memphis apartment guide from a local expert, breaking down neighborhoods, average rent, and ideal commute times near the 5 largest employers - FedEx, St. Jude, U of M, Methodist, and AutoZone.

Park Terrace

Hickory Grove

The Park at New Castle

Graceland Flats

The Park at Hollyford

Total Monthly Price
Shelby Pointe Townhomes

Mendenhall Gardens

Total Monthly Price
Welcome to Holmes Pointe Apartments!

Emerald Ridge Apartments

Total Monthly Price
Graceland Pointe Apartments
Affordable Memphis: The Best Neighborhoods with Character and Lower Rents
Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

Emerald Park Apartments

Total Monthly Price
Den Apartments

The Pulse Apartments

The Residence

The Park at Paisley

The Tower at Kent

Hollywood Square

Twin Oaks

Covington Hills

Hickory Farms
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Memphis, TN Local Guide

How much does it cost to rent an apartment in Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Memphis Studio Apartments | $1,076 | $547 | $7,985 |
| Memphis 1 Bedroom Apartments | $1,153 | $350 | $2,821 |
| Memphis 2 Bedroom Apartments | $1,263 | $562 | $5,096 |
| Memphis 3 Bedroom Apartments | $1,689 | $550 | $4,137 |
| Memphis 4 Bedroom Apartments | $1,340 | $550 | $2,560 |
Browse Top Apartments in Memphis
See all Apartments in MemphisExplore Memphis

Memphis, TN Local Guide
- Memphis Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
College Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive
Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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, TN Rentals by Map
See the most popular apartments and homes in Memphis, TN
Frequently Asked Questions about 2 Bedroom Memphis Apartments
What is the Cheapest apartment in Memphis with 2 Bedroom?
Currently the most affordable 2 Bedroom in Memphis is at Longview Gardens listed at $562.
How much is the average rent for a 2 Bedroom Memphis Apartment?
The average rent for a 2 Bedroom Apartment in Memphis is $1,263.
What is the largest available 2 Bedroom Memphis Apartment for rent?
Today's apartment with the most square footage in Memphis is a 2,066 square feet unit starting from $2,600 at 201-203 Stonewall St.
What is the average size for Memphis 2 Bedroom Apartments for rent?
The average size for a 2 Bedroom rental in Memphis is currently 1,028 sq ft.
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.
Helpful Local Expert Guides

Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
Written by: Joshua Carlucci
Hello from Memphis, Tennessee. I'm Josh, your ApartmentHomeLiving.com Local Expert for Memphis, and I spent years in this city eating, writing, cooking, studying, and getting to know it block by block.

The Local Memphis Expert's Guide to Renting Near the Citys Top Employers
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.

College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.