
New Apartments for Rent in Memphis, TN Under $1,400 (56 Rentals) Page 2 of 2


The Charleston

Springs at Colonial
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.

Barton Court Apartments

Millington Flats

Frisco Park
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 | $1,040 | $547 | $7,985 |
| Memphis 1 Bedroom Apartments | $1,164 | $450 | $2,842 |
| Memphis 2 Bedroom Apartments | $1,279 | $600 | $5,900 |
| Memphis 3 Bedroom Apartments | $1,702 | $650 | $4,007 |
| Memphis 4 Bedroom Apartments | $1,396 | $599 | $3,500 |
Explore Memphis
Frequently Asked Questions about New Memphis Apartments
What is the Cheapest New apartment in Memphis?
Currently the most affordable New Apartment in Memphis is at The Nine at Memphis listed at $599.
How much is the average rent for a New Memphis Apartment?
The average rent for a New Apartment in Memphis is $1,651.
What is the largest New Memphis Apartment for rent?
Today's New apartment with the most square footage in Memphis is a 2,295 square feet unit starting from $1,435 at The Oliver Luxury Apartments.
What is the average size for Memphis New Apartments for rent?
The average size for a New rental in Memphis is currently at 636 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

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.