2 Bedroom Apartments for Rent in Memphis, TN Under $700 (64 Rentals)

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Renting with Roommates: Realistic Expectations for Shared Lease

Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

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Rehab/QCT
2 Bedroom Apartments

Rehab/QCT

3250 Guernsey AveMemphis, TN 38112
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Edgewood Townhomes
2 Bedroom Apartments

Edgewood Townhomes

1903 S Parkway EMemphis, TN 38114
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2086 Hubert Ave
2 Bedroom Apartments

2086 Hubert Ave

2086 Hubert AveMemphis, TN 38108
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411 Tillman St
2 Bedroom Apartments

411 Tillman St

411 Tillman StMemphis, TN 38112

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.

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Carriage House
2 Bedroom Apartments

Carriage House

1145 Frayser BlvdMemphis, TN 38127
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321 Pauline St
2 Bedroom Apartments

321 Pauline St

321 Pauline StMemphis, TN 38104
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Addison 1 Apartments
2 Bedroom Apartments

Addison 1 Apartments

3300 Southern AveMemphis, TN 38111
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Birchleaf Apartments
2 Bedroom Apartments

Birchleaf Apartments

1033 Whitaker DrMemphis, TN 38116
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230 Cochran St
2 Bedroom Apartments

230 Cochran St

230 Cochran StMemphis, TN 38105
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3335 Henry Ave
2 Bedroom Apartments

3335 Henry Ave

3335 Henry AveMemphis, TN 38122

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.

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Harmony Woods
2 Bedroom Apartments

Harmony Woods

3384 Harmony CtMemphis, TN 38122
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Sterling Townhomes
2 Bedroom Apartments

Sterling Townhomes

1903 E Raines RdMemphis, TN 38116
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Cherry Gardens
2 Bedroom Apartments

Cherry Gardens

4350 Dunn RdMemphis, TN 38111
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2238 Howell Ave
2 Bedroom Apartments

2238 Howell Ave

2238 Howell AveMemphis, TN 38108

Renting Smart: Lease Basics Every Renter Needs

Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com

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April Woods
2 Bedroom Apartments

April Woods

262 Chelsea AveMemphis, TN 38107
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Campus View
2 Bedroom Apartments

Campus View

3606 Walker AveMemphis, TN 38111
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Rhodes Townhomes
2 Bedroom Apartments

Rhodes Townhomes

3640 Rhodes AveMemphis, TN 38111
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Valley Forge
2 Bedroom Apartments

Valley Forge

176 Hillview AveMemphis, TN 38109

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.

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Memphis, TN Local Guide

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!

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Real 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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Memphis, TN Rentals by Map

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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 $555.

How much is the average rent for a 2 Bedroom Memphis Apartment?

The average rent for a 2 Bedroom Apartment in Memphis is $1,279.

What is the largest available 2 Bedroom Memphis Apartment for rent?

Today's apartment with the most square footage in Memphis is a 1,804 square feet unit starting from $2,175 at Court Square Apartments.

What is the average size for Memphis 2 Bedroom Apartments for rent?

The average size for a 2 Bedroom rental in Memphis is currently 1,038 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.

Articles, How-To's, and Tips

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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.