4 Bedroom Apartments for Rent in Memphis, TN Under $4,800 (228 Rentals)

Yugo Memphis Southern

Azure Place Apartments

New Horizon - Kingsgate

3570 Spottswood Ave

Nine At Memphis

Central Gardens
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.

Timberline Flats

Chapel Place Homes

Springdale Creek Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

716 Loeb St

3058 Harvester Ln

3429 Beech Grove Rd

1844 Rile St

3755 Miami Ave

2999 Morningview Dr

888 N Willett St

2374 Larose Ave

4809 S Hunters Glen St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1931 Alta Vista Ave

3030 McCool Ave

6080 Selkirk Dr

5492 Scottsdale Ave

4676 Waterfront Oak Dr

823 Haynes St

4475 Grinstead Cove

4299 Crescent Park Dr

5010 Ruthie Cove

3758 Rippling Creek Ln

4830 Mistic Lake Dr
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.

1776 Tahiti Ln

4537 Sumners Wells Rd

1172 Panama St

8066 S Regis Pl

5495 Flowering Peach Dr

3069 Churchill St

Full Renovation!

4965 Gardenwood Dr

4705 Old Raleigh Millington Rd

4490 Cedar Ridge Ln
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 | $1,142 | $560 | $4,632 |
Memphis 1 Bedroom Apartments | $1,298 | $525 | $5,852 |
Memphis 2 Bedroom Apartments | $1,427 | $591 | $6,900 |
Memphis 3 Bedroom Apartments | $1,818 | $698 | $7,548 |
Memphis 4 Bedroom Apartments | $1,925 | $549 | $5,440 |
Explore Memphis

Memphis, TN Local Guide
- Memphis Neighborhoods
- Nearby Cities
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- Local Counties
Quick 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.
Getting Around Memphis, TN
Walk Score®
50 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
50 / 100
Bikeable
Some bike infrastructure
Transit Score®
29 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Memphis
How much are Studio apartments in Memphis?
There are currently 117 Studio Apartments in Memphis with rent ranges from $560 to $4,632 with an average price of $1,142.
What is the current price range for One Bedroom Memphis Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Memphis ranges from $525 to $5,852 with an average monthly rent of $1,298.
What does renting a Two Bedroom Apartment in Memphis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Memphis range from $591 to $6,900. Today's average rental price for Two Bedrooms here is $1,427.
How expensive are Memphis Three Bedroom Apartments?
There are currently 329 Three Bedroom Apartments listings available in Memphis on ApartmentHomeLiving.com. The pricing ranges from $698 to $7,548 - averaging $1,818 for the location.
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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.