
2 Bedroom Apartments for Rent in Memphis, TN Under $700 (58 Rentals)


Oak Grove Flats

Longview Gardens

El Dorado

1645 Wells Station Rd

Longview Heights

Pinetree Place Apartments

500 Simpson Ave, Unit 6

607 E McLemore Ave, Unit 2

888 Kerr Ave, Unit 27
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.

Mississippi Court Apartments

Edgewood Townhomes

1277 Airways Blvd

2086 Hubert Ave

411 Tillman St

Carriage House

Timber Pines Apartments

321 Pauline St

Addison 1 Apartments

Pleasant View Apartments
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.

Birchleaf Apartments

Chicago Park Place Apartments

230 Cochran St

Whitney Manor Apartments

3335 Henry Ave

Harmony Woods

Sterling Townhomes

Breezy Point Apartments

Maureen Manor Apartments

Westwood Manor Elderly Cottages
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.

Cherry Gardens

2238 Howell Ave

Rolling Hills Apartments

Cedar Creek Apartments

Cavelier Court Apartments

Ivy Chase Apartments

April Woods

Macon Manor North

Greenbriar Apartments

Harold Ford Senior Villas
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

Campus View

Rhodes Townhomes

Oakshire Downs Apartments and Townhomes

Beacon Manor

Valley Forge

Willie Mitchell Apartments

Camellia - Magnolia Gardens Apartments

Allentown Mobile Home Park

The Willows - Newly Renovated

4455 Macon Rd
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 | $1,051 | $547 | $7,985 |
| Memphis 1 Bedroom Apartments | $1,151 | $450 | $2,842 |
| Memphis 2 Bedroom Apartments | $1,265 | $562 | $5,900 |
| Memphis 3 Bedroom Apartments | $1,702 | $600 | $4,085 |
| Memphis 4 Bedroom Apartments | $1,320 | $599 | $2,640 |
Explore Memphis

Memphis, TN Local Guide
- Memphis Neighborhoods
- Nearby Cities
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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 $1,265.
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 1,029 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

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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.

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

Memphis, Tennessee: A Local Experts 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.
Articles, How-To's, and Tips

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.