4721 Waterfront Oak Dr
MemphisTN38128
Homes for Rent in Memphis, TN (1,715 Rentals)
3654 Kearney Ave, Unit Left Unit - Kathy
3654 Kearney Ave
MemphisTN38111
3522 Stuart Rd
MemphisTN38111
2013 Waverly Av.
MemphisTN38114
2713 Windsor Pky
MemphisTN38127
1540 Tutwiler Ave
MemphisTN38107
1542 Tutwiler Ave
MemphisTN38107
3148 Highland Park Pl
MemphisTN38111
5653 Encino Cv
MemphisTN38115
2380 Forrest Ave
MemphisTN38112
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.
3684 Marion Ave
MemphisTN38111
2418 Cable Ave
MemphisTN38114
5622 Clarke Address
MemphisTN38115
3556 Christine Rd
MemphisTN38118
4234 University St
MemphisTN38127
1390 Greenland Rd
MemphisTN38134
3451 Sharpe Ave
MemphisTN38111
610 S Cox St
MemphisTN38104
2628 Union Ave
MemphisTN38112
5589 Gates Cv, Unit 5589
5589 Gates Cv
MemphisTN38115
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.
2030 Young Ave
MemphisTN38104
5772 Rayben Cir
MemphisTN38115
129 Talbot Ave, Unit 103
129 Talbot Ave
MemphisTN38103
1939 Driftwood Ave
MemphisTN38127
1151 Tanglewood St
MemphisTN38114
141 N White Station Rd
MemphisTN38117
95 W Mallory Ave
MemphisTN38109
284 W Central Park St, Unit Unit 1
284 W Central Park St
MemphisTN38111
1804 Foster Ave
MemphisTN38114
4376 Yale Rd
MemphisTN38128
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.
5771 Rayben Cir
MemphisTN38115
1161 Misty Isle Drive
MemphisTN38103
828 Baltimore St
MemphisTN38114
1436 Island Town Cove
MemphisTN38103
1939 Nelson Ave
MemphisTN38104
2387 Hickory Crest Dr
MemphisTN38119
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$1,6291 Bedroom Apartments Available Apr 30
645 N Front St
645 N Front StMemphis, TN 38107
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$2,5622 Bedroom Apartments Available Mar 27
645 N Front St
645 N Front StMemphis, TN 38107
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$1,924Studio Apartments Available Now
Furnished Studio-Memphis - Quail Hollow
6325 N Quail Hollow RdMemphis, TN 38120
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$1,679Studio Apartments Available Now
Furnished Studio-Memphis - Wolfchase Galleria
2520 Horizon Lake DrMemphis, TN 38133
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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$1,499Studio Apartments Available Now
Furnished Studio-Memphis - Cordova
8110 Cordova Center DrMemphis, TN 38016
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$1,619Studio Apartments Available Now
Furnished Studio-Memphis - Poplar Avenue
6500 Poplar AveMemphis, TN 38119
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$750Studio Apartments Available Now
2715 Cherry Rd
2715 Cherry RdMemphis, TN 38118
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$1,0001 Bedroom Apartments Available Now
159 N Belvedere Blvd
159 N Belvedere BlvdMemphis, TN 38104
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$6991 Bedroom Apartments Available Now
1735 Delano Ave
1735 Delano AveMemphis, TN 38127
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$7992 Bedroom Apartments Available Now
1735 Delano Ave
1735 Delano AveMemphis, TN 38127
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$1,4702 Bedroom Apartments Available Now
2086 Harbert Ave
2086 Harbert AveMemphis, TN 38104
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$1,3003 Bedroom Apartments Available Now
665 E Pkwy S
665 E Pkwy SMemphis, TN 38104
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$6,3314 Bedroom Apartments Available Apr 18
668 Hawthorne St
668 Hawthorne StMemphis, TN 38107
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$8752 Bedroom Apartments Available Now
2879 Beverly Hill St
2879 Beverly Hill StMemphis, TN 38128
Memphis, TN Local Guide
How much does it cost to rent a home in Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Memphis 2 Bedroom Homes for Rent | $1,188 | $575 | $3,500 |
| Memphis 3 Bedroom Homes for Rent | $1,601 | $795 | $3,490 |
| Memphis 4 Bedroom Homes for Rent | $2,013 | $875 | $6,700 |
| Memphis 5 Bedroom Homes for Rent | $2,734 | $1,250 | $7,500 |
| Memphis 6 Bedroom Homes for Rent | $4,453 | $2,200 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Memphis
Explore Memphis
Memphis, TN Local Guide
Written By:
Amanda DelgadoLocal Guide Expert
- Memphis Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleHow a Move-In Inspection Can Protect Your Security Deposit
Learn How a Move-In Inspection Can Protect Your Security Deposit from the Renter University at AparmentHomeLiving.com.
Read ArticleQuick Rent Budget Calculator
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Memphis Overview
Memphis is the second largest metro area in Tennessee and a major music city. It’s home to rock, soul, and blues, making it a great home for music lovers! But that’s not all it offers. Memphis also tons of other kinds of entertainment, along with good employers, great schools, and lots of outdoor activities. What else makes this city such an amazing place to live? Memphis has an affordable cost of living, wonderful weather, and reasonable commutes. It’s close to several highways. And it’s just a few hours away from all the sights and sounds of Nashville.
What is the history of Memphis?
Do you know where Memphis got its name? This southern city, which dates back to 1819, was named for the capital of Ancient Egypt. While Egypt has the Nile River, the Mississippi River flows through Memphis, TN. The city started out as a trading center, mainly for cotton. Over time, it became the site of the largest cotton and hardwood lumber markets in the world. Memphis was also an important city during the 1960s’ Civil Rights Movement. In the early to mid-20th century, it became home to blues, soul, rock, and other musical genres. World-famous musicians, like B.B. King and Roy Orbison, performed or recorded music here.
How is the weather in Memphis?
Thinking of looking into homes for rent in Memphis? If so, you can look forward to some great weather! The average highs in summer are in the high 80s to low 90s. In winter, temperatures usually reach the 50s during the day and drop to the 30s at night. Those are fairly mild temps to enjoy all year round. Memphis has all four seasons. Leaves change in fall, spring flowers bloom, and there’s a chance of getting a bit of snow in winter. What about rain? Memphis has plenty of sunny days overall, but spring and fall can be rainy.
How do I get around town?
When you’re exploring Memphis rental homes, making sure you’ll be able to get around ok is important. Having a car makes it easy to travel around this sprawling city. But cars aren’t the only way to get around. You can ride your own bike or use a local bike-share program. Taxis are another option, especially in the downtown area near Beale Street. Interested in public transportation options? The Memphis Area Transit Authority provides vintage trolley and bus service throughout the city. Heading out of town? Memphis International Airport, Greyhound’s Memphis Bus Station, and Amtrak’s Central Station can get you where you need to go. All of these are conveniently located in the downtown area.
Why live in Memphis, TN?
Why should you look for Memphis rentals for your next home? If you’re a music fan, you’ll love visiting Graceland, Stax Muslim of American Soul Music, and the Memphis Rock ’N Roll Museum. For shopping, dining, and entertainment, you’ve got tons of options along Beale Street in downtown. With Nashville being a few hours away, you can enjoy day trips. Or explore more places along the Mississippi River in neighboring states, like Mississippi and Arkansas. Memphis also has several major employers in transportation, healthcare, manufacturing, and other industries. Combine all of these benefits with an affordable cost of living, and it’s no wonder that Memphis is among the top places to live!
What Memphis landmarks should I see?
Graceland might just be the most famous landmark in Memphis, but it’s not the only one. Head to the National Civil Rights Museum and the Slave Haven Underground Railroad Museum to learn more about local history. Visit Sun Studio, known as the “Birthplace of Rock ’N Roll.” And make plans to see Stax Museum, the original home of Satellite Records. What other landmarks are a must-see in Memphis? Visit the Peabody, a historic hotel in the downtown area, for upscale dining. Spend time in the Victorian Village, which features several mansions from the 1800s.
What is there to do around Memphis?
Looking for Memphis homes for rent means you’ll have easy access to many exciting attractions and activities. See more than 3,500 animals at the Memphis Zoo, including tigers, elephants, and sloths. Stroll along Beale Street, known as the “Home of the Blues.” This famous street is filled with restaurants, concert halls and music venues, bars, shops, and much more. Visit the Memphis Botanic Gardens or Shelby Farms Park to enjoy the outdoor air and sunshine. Go kayaking on the Mississippi River. Or explore hiking trails in nearby Shelby Forest State Park.
Where is the best place to move in Memphis?
Knowing where to look for rental homes in Memphis can be tough. Which are the best neighborhoods for renters? Cordova in eastern Memphis offers a quieter place that’s still close to downtown. It’s got great schools, outdoor nature centers, and more. East Memphis has lower costs overall. This area also has plenty of amenities, including parks and restaurants. Midtown is a busier neighborhood for those who want to be closer to all the action. Whitehaven puts you close to Graceland and conveniently near I-55 and I-240 for easy commuting.
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
What type of rentals are currently available in Memphis?
There are currently 1823 Apartments for Rent in Memphis, TN with pricing that ranges from $485 to $7,990. There are also 1674 Single Family Homes for rent, Condos, and Townhome rentals currently available in Memphis ranging from $200 to $11,500.
What is the current price range for Rental Homes in Memphis?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Memphis ranges from $200 to $11,500 with an average monthly rent of $2,007.
How much are larger Three and Four Bedroom Rentals in Memphis?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Memphis range from $675 to $6,024, while Three Bedroom Homes, Condos, and Townhomes for rent range from $795 to $3,490. Four Bedroom Single-Family rentals are also available starting from $875 and Four Bedroom Apartments start at $650.
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
Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.