Homes for Rent in Memphis, TN (1,727 Rentals)

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property at 1524 N Parkway

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Now

1524 N Parkway

MemphisTN38112
property at 2020 Linden Ave

$1,750

3 Bedroom, 1 Bath Townhome for Rent

Available Now

2020 Linden Ave

MemphisTN38104
property at 4400 Fair Meadow Rd S

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

4 Bedroom, 2.5 Bath Home for Rent

Available Now

4400 Fair Meadow Rd S

MemphisTN38117
property at 896 N Dunlap St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

1 Bedroom, 1 Bath Home for Rent

Available Jun 5

896 N Dunlap St

MemphisTN38107
property at 3646 Spottswood Ave

$945

Total Monthly Price

Total Monthly Price

Base Rent
$945

Total Monthly Price
$945

2 Bedroom, 1 Bath Condo for Rent

Available Now

3646 Spottswood Ave

MemphisTN38111
property at 2013 Waverly Av.

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

2 Bedroom, 1 Bath Townhome for Rent

Available Now

2013 Waverly Av.

MemphisTN38114
property at 2713 Windsor Pky

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

3 Bedroom, 1 Bath Home for Rent

Available Now

2713 Windsor Pky

MemphisTN38127
property at 696 S Greer St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

696 S Greer St

MemphisTN38111

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.

property at 1542 Tutwiler Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

1542 Tutwiler Ave

MemphisTN38107
property at 1540 Tutwiler Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1540 Tutwiler Ave

MemphisTN38107
property at 3140 Lamphier Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

3140 Lamphier Ave

MemphisTN38112
property at 32 N Belvedere Blvd

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Condo for Rent

Available Now

32 N Belvedere Blvd, Unit 2, Unit 2

32 N Belvedere Blvd
MemphisTN38104
property at 1936 E McLemore Ave

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

3 Bedroom, 1 Bath Home for Rent

Available Now

1936 E McLemore Ave

MemphisTN38114
property at 4167 Cochese Rd

$1,275

Total Monthly Price

Total Monthly Price

Base Rent
$1,275

Total Monthly Price
$1,275

3 Bedroom, 1 Bath Home for Rent

Available Now

4167 Cochese Rd

MemphisTN38118
property at 3659 Highland Park Pl

$1,295 - $2,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $2,350

Total Monthly Price
$1,295 - $2,350

1 To 3 Bedroom Homes for Rent

Available Now

3659 Highland Park Pl

MemphisTN38111
property at 2628 Union Ave

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

2 Bedroom, 1 Bath Townhome for Rent

Available Now

2628 Union Ave

MemphisTN38112

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

property at 1544 Court Ave

$1,400 - $3,250

1 To 5 Bedroom Homes for Rent

Available Now

1544 Court Ave

MemphisTN38104
property at 3248 Hendricks Ave

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

3 Bedroom, 2 Bath Home for Rent

Available Now

3248 Hendricks Ave

MemphisTN38111
property at 95 W Mallory Ave

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

5 Bedroom, 2 Bath Home for Rent

Available Now

95 W Mallory Ave

MemphisTN38109
property at 3381 Leschallas Dr

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

4 Bedroom, 3 Bath Home for Rent

Available Now

3381 Leschallas Dr

MemphisTN38128
property at 872 N Barksdale St

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

3 Bedroom, 2 Bath Home for Rent

Available Jun 1

872 N Barksdale St

MemphisTN38107
property at 485 S Reese St

$2,250

Total Monthly Price

Total Monthly Price

Base Rent
$2,250

Total Monthly Price
$2,250

3 Bedroom, 2 Bath Home for Rent

Available May 15

485 S Reese St

MemphisTN38111

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.

property at 687 N McLean Blvd

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

3 Bedroom, 2 Bath Home for Rent

Available Jun 1

687 N McLean Blvd

MemphisTN38107

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

Photo of Amanda  Delgado - Local Guide Expert
Written By:
Amanda Delgado
Local Guide Expert

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Tour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.

Read Article
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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!

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Real 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 Article
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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.

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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

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Frequently Asked Questions about Memphis

What type of rentals are currently available in Memphis?

There are currently 1825 Apartments for Rent in Memphis, TN with pricing that ranges from $525 to $7,985. There are also 1727 Single Family Homes for rent, Condos, and Townhome rentals currently available in Memphis ranging from $495 to $7,500.

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 $495 to $7,500 with an average monthly rent of $2,086.

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 $700 to $7,035, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $5,200. Four Bedroom Single-Family rentals are also available starting from $895 and Four Bedroom Apartments start at $640.

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

decorative image for Affordable Memphis: The Best Lower Priced Neighborhoods with Character  article

Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.