
Cheap Homes for Rent in Memphis, TN from $400 (682 Rentals) Page 2 of 14
Search the lowest-cost Homes available for rent right now in Memphis.


218 Chelsea Ave

144 N Auburndale St

1900 Van Buren Ave

1639 Southern Ave

977 Pope St

1485 E Mallory Ave

744 Lester St

3179 Jackson Ave

808 Columbia St
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.

2659 Whitman Ave

1778 Marjorie St

1659 Cooper St

2399 Golden Ave

3151 Kingston St

1507 Hamilton St

1388 Kyle St

4427 Ryan St

1320 Faxon Ave

3458 Radford Rd
Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
Moving to the Bluff City? Get the insider’s guide on Memphis life, from specific neighborhood personalities and current average rent, to the best barbecue and live music spots.

3019 Carnes Ave

4 N Holmes St

1785 Marble Ave

809 Juliet Ave

1439 Semmes St

1493 Gaither St

3329 Madewell St

3350 Ridgecrest St

1800 McMillan St

2551 Dakar Ave
The Local Memphis Expert's Guide to Renting Near the City's Top Employers
Memphis apartment guide from a local expert, breaking down neighborhoods, average rent, and ideal commute times near the 5 largest employers - FedEx, St. Jude, U of M, Methodist, and AutoZone.

2961 Grenadier Cove

3180 Crump Ave

1353 Canfield Ave

585 E Pkwy S

442 Jacklyn Ave

488 Ellsworth St

3449 Southern Ave, Unit 3453 - 102

848 Biggs St

996 S Highland St

5712 Los Gatos Dr
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.

291 Red Oak St

1766 Cincinnati Rd

720 Frayser Dr

2158 Pueblo Ave

310 Jones St

4583 Range Line Rd

3166 Winslow Rd

1300 Robin Hood Ln

665 Marechalneil St

667 Marechalneil St
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.
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 | $1,203 | $575 | $3,840 |
| Memphis 3 Bedroom Homes for Rent | $1,600 | $725 | $3,080 |
| Memphis 4 Bedroom Homes for Rent | $2,041 | $895 | $6,000 |
| Memphis 5 Bedroom Homes for Rent | $2,756 | $1,095 | $6,200 |
| Memphis 6 Bedroom Homes for Rent | $3,188 | $2,000 | $4,495 |
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 1884 Apartments for Rent in Memphis, TN with pricing that ranges from $450 to $7,985. There are also 1908 Single Family Homes for rent, Condos, and Townhome rentals currently available in Memphis ranging from $495 to $6,200.
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 $6,200 with an average monthly rent of $2,031.
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 $600 to $4,085, while Three Bedroom Homes, Condos, and Townhomes for rent range from $725 to $3,080. Four Bedroom Single-Family rentals are also available starting from $895 and Four Bedroom Apartments start at $599.
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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.