
Cheap Homes for Rent in Memphis, TN from $550 (695 Rentals) Page 3 of 14
Search the lowest-cost Homes available for rent right now in Memphis.


1620 Pennsylvania St

3453 Southern Ave, Unit 102

1074 Palmetto Ave

2567 Madison Ave

3669 Hillbrook Rd

2024 Jefferson Ave, Unit 2068-04

2911 Church St

2587 Wellons Ave

3827 Ajanders Dr
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.

446 Buntyn St

4583 Range Line Rd

928 N Hollywood St

2360 Forest Ave

3825 Spottswood Ave

3453 Southern Ave, Unit 202

3453 Southern Ave, Unit 101

3449 Southern Ave, Unit 3449 - 202

3453 Southern Ave, Unit 201

892 Restbrook Ave
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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

2812 Amsden Ave

4047 Chelsea Ave

3186 W Shirley Cir

1306 Carr Ave

2879 Beverly Hill St, Unit 2866-02

159 N Belvedere Blvd, Unit 2

3077 Chisca Ave

528 E Pkwy N, Unit 9

3741 Rainford Dr

1590 Latham St

3451 Tutwiler Ave

3428 Vernon Ave

1711 S Sutton Dr

2326 Lowell Ave

1195 Dorothy Pl

4201 Truman Ave

3117 Yale Ave

481 Marianna St

4200 Arrow Rd

673 W Raines Rd

3438 Ardmore St

961 Joseph Pl

1558 Tayner St

156 S Pkwy E

155 N Auburndale St

607 Burlington Cir

901 Restbrook Ave

3774 University St

997 Meda St

6687 Whispering Oak Pl
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 | $1,111 | $550 | $2,800 |
| Memphis 3 Bedroom Homes for Rent | $1,605 | $725 | $3,900 |
| Memphis 4 Bedroom Homes for Rent | $2,034 | $795 | $4,650 |
| Memphis 5 Bedroom Homes for Rent | $2,590 | $1,250 | $5,995 |
| Memphis 6 Bedroom Homes for Rent | $3,381 | $2,945 | $4,000 |
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Frequently Asked Questions about Memphis
What type of rentals are currently available in Memphis?
There are currently 1876 Apartments for Rent in Memphis, TN with pricing that ranges from $525 to $7,801. There are also 1500 Single Family Homes for rent, Condos, and Townhome rentals currently available in Memphis ranging from $550 to $5,995.
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 $5,995 with an average monthly rent of $1,635.
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 $550 to $4,049, while Three Bedroom Homes, Condos, and Townhomes for rent range from $725 to $3,900. Four Bedroom Single-Family rentals are also available starting from $795 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.
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Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
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Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
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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
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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.