
Cheap Townhomes for Rent in Memphis, TN from $550 (64 Rentals) Page 2 of 2
Search the lowest-cost Townhomes available for rent right now in Memphis.


1542 Tutwiler Ave

757 Houston St

755 Houston St

1857 S Perkins Rd

1710 Kirby Pky

7758 Biloxi Cove, Unit 316
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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2371 N Orchid Dr

4230 Cedartree Dr

5656 San Mateo Cove

4350 Ann Arbor Ln

4375 Misty Morning Dr

785 N Belvedere Blvd

6761 Whitten Pine Dr
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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 Townhomes for Rent | $1,164 | $649 | $2,900 |
| Memphis 3 Bedroom Townhomes for Rent | $1,640 | $895 | $3,500 |
| Memphis 4 Bedroom Townhomes for Rent | $2,282 | $1,400 | $4,000 |
Browse Top Townhomes for Rent in Memphis
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Frequently Asked Questions about Memphis
What type of rentals are currently available in Memphis?
There are currently 1943 Apartments for Rent in Memphis, TN with pricing that ranges from $450 to $6,610. There are also 1969 Single Family Homes for rent, Condos, and Townhome rentals currently available in Memphis ranging from $550 to $4,000.
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 $550 to $4,000 with an average monthly rent of $1,307.
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 $575 to $4,109, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $550.
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

Memphis, Tennessee: A Local Expert's 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.

The Local Memphis Expert's Guide to Renting Near the Citys Top Employers
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College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive
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Affordable Memphis: The Best Lower Priced Neighborhoods with Character
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Articles, How-To's, and Tips

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.