
Cheap Homes for Rent in Memphis, TN from $400 (529 Rentals) Page 3 of 11
Search the lowest-cost Homes available for rent right now in Memphis.


1584 Rayburn St

1640 Russwood Rd

1711 Coleen Rd

3953 Macon Rd

3089 Waynoka Ave

2187 Court

1478 S Willett St

648 Pawnee Ave

5378 Beaverton Cove

2603 Carnes Ave

3986 Ashview Cove

454 E Norwood Ave

1711 N Graham St

131 E Norwood Ave

1323 Victor Dr

30 E MCKELLAR St

45 N Belvedere Blvd, Unit 102

593 Northaven Dr

3731 Mountain Terrace St

6398 Macon Rd

3449 Tutwiler Ave

1393 Lyceum Rd

2655 Whitman Ave

1742 Brown Ave

1740 Brown Ave

1108 S Greer St

605 Patterson St

605 Patterson St

3311 Baskin St

4427 Ryan St

3350 Hardin Ave

478 Dixie Rd

3518 Hendricks Ave

3552 Christine Rd

139 N Claybrook St

3718 Townes Ave

453 Charter Ave

775 Pope St

3474 Beech Grove Rd

4095 Chelsea Ave

1267 Englewood St

186 W Davant Ave

3224 Aden St

1151 Canary Ln

1080 N Evergreen St

1078 N Evergreen St

4718 Dodd Rd

3674 Ridgemont Ave
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 | $1,174 | $595 | $3,940 |
| Memphis 3 Bedroom Homes for Rent | $1,538 | $750 | $3,500 |
| Memphis 4 Bedroom Homes for Rent | $1,967 | $895 | $10,000+ |
| Memphis 5 Bedroom Homes for Rent | $2,406 | $1,100 | $5,500 |
| Memphis 6 Bedroom Homes for Rent | $3,233 | $1,800 | $4,500 |
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 1810 Apartments for Rent in Memphis, TN with pricing that ranges from $200 to $5,900. There are also 2194 Single Family Homes for rent, Condos, and Townhome rentals currently available in Memphis ranging from $475 to $15,000.
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 $475 to $15,000 with an average monthly rent of $1,769.
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 $5,260, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $3,500. 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.
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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
