
Apartments for Rent in Memphis, TN Under $1,400 (679 Rentals)


Total Monthly Price
1534 N Parkway, Unit 1

The Westbury

Arbors Harbor Town

South Bluffs Apartments

Island Park/Harbor Town Square

Kiwi Goji

At The Park Apartments

65 N Belvedere Blvd

The Lona L 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.

212 S Willett St

City Place at Germantown Apartments

Miller Creek at Germantown Apartments

The Rise Apartments

Parkview Apartments

The Flats at Overton

Century Apartments

Sunridge Townhomes

The Commonwealth

Fieldstone
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.

ReNew Bartlett Village

The Preserve at Forest Creek

The Villas at Germantown Apartments

Gayoso House

Centennial Gardens

Highpoint at The Greenline

The Shift Residences- East Memphis

Total Monthly Price
The Marine Residence

Dream Germantown

The Tennessee Brewery 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.

The Wyndham Apartments

Highland Row

Hedgerow Apartments

The Residence

The Midline Apartments

The Citizen Apartments

Springs at Buckingham Farms

The Franklin

1162 Peabody Ave

Total Monthly Price
Riverset 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.

The Birches Apartment Homes

Clark Terrace Apartments

The Landing Residences

Madison at McLean

MONTICELLO

Harbor Side at Conwood Flats Apartments

Crescent at Wolfchase Apartment Homes

Downtown Memphis Flats

The Midtowner

200 Stonewall 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.
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 Under $1400 | $1,043 | $547 | $7,985 |
| Memphis 1 Bedroom Apartments Under $1400 | $1,164 | $450 | $2,842 |
| Memphis 2 Bedroom Apartments Under $1400 | $1,277 | $600 | $5,900 |
| Memphis 3 Bedroom Apartments Under $1400 | $1,701 | $650 | $4,007 |
| Memphis 4 Bedroom Apartments Under $1400 | $1,410 | $599 | $3,500 |
Browse Top Apartments in Memphis
See all Apartments in MemphisExplore 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 Memphis
How much are Studio apartments in Memphis?
There are currently 632 Studio Apartments in Memphis with rent ranges from $547 to $7,985 with an average price of $1,043.
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 $450 to $2,842 with an average monthly rent of $1,164.
What does renting a Two Bedroom Apartment in Memphis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Memphis range from $600 to $5,900. Today's average rental price for Two Bedrooms here is $1,277.
How expensive are Memphis Three Bedroom Apartments?
There are currently 391 Three Bedroom Apartments listings available in Memphis on ApartmentHomeLiving.com. The pricing ranges from $650 to $4,007 - averaging $1,701 for the location.
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

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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.

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.