
Cheap Homes for Rent in Memphis, TN from $500 (553 Rentals) Page 2 of 12
Search the lowest-cost Homes available for rent right now in Memphis.


839 LEON Pl

844 LEON Pl

2198 Hillside Ave

3057 Radford Rd

128 Stonewall St

674 N Perkins Rd

3727 Faxon Ave

1531 Pope St

1457 Cooper 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.

692 Tiger Estates Dr

1334 Greenwood St

3886 Tiger Estates Dr

3900 Schoolfield Rd

865 Alma St

3381 Walnut Grove Rd

2272 Eldridge Ave
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.

2601 Kenner Ave

1536 Brookins St

42 N Claybrook St

2367 Forest Ave

4029 Berkshire Ave

4445 Medley Ln

1030 Kney St

1034 Kney St

128 Stonewall St

1485 E Mallory Ave

2766 Union Ave

2766 Union Ave

2766 Union Ave

3808 Vanuys Rd

1407 Ferguson Rd

2981 Benjestown Rd

3431 Forrester Rd

275 Leath St

742 Boston St

645 Walnut St

2320 E Warren St

2240 Cassie Ave

3542 Millington Rd

4089 Tutwiler Ave

3207 Gilmore Rd

802 PENDLETON St

3336 Southern Ave

3115 Monterrey Square

1540 S Highland St

1584 Rayburn St

1659 Southern Ave

594 Carpenter St

3654 Kearney Ave, Unit Left Unit - Kathy
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 | $1,247 | $625 | $3,940 |
Memphis 3 Bedroom Homes for Rent | $1,609 | $675 | $4,000 |
Memphis 4 Bedroom Homes for Rent | $2,003 | $895 | $3,995 |
Memphis 5 Bedroom Homes for Rent | $2,577 | $900 | $6,540 |
Memphis 6 Bedroom Homes for Rent | $3,042 | $1,500 | $4,900 |
Browse Top Homes 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 1791 Apartments for Rent in Memphis, TN with pricing that ranges from $200 to $12,795. There are also 2185 Single Family Homes for rent, Condos, and Townhome rentals currently available in Memphis ranging from $500 to $6,540.
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 $500 to $6,540 with an average monthly rent of $1,791.
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 $698 to $4,050, while Three Bedroom Homes, Condos, and Townhomes for rent range from $675 to $4,000. Four Bedroom Single-Family rentals are also available starting from $895 and Four Bedroom Apartments start at $549.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.