
Cheap Homes for Rent in Memphis, TN from $550 (695 Rentals) Page 4 of 14
Search the lowest-cost Homes available for rent right now in Memphis.


1882 E Person Ave

407 Argo Ave

6772 Quail Hollow Ct

1008 Walk Rd

2601 Kenner Ave

679 Leath St

83 Eastview Dr

5312 Plover Dr

1830 Eldorado St

3577 Weaver Rd

1762 Lawrence Ave

1819 Wells Station Rd

6209 Summer Hills Cir, Unit 1

2628 Lowell Ave

2053 Linden Ave, Unit 4

942 Frayser Cir

3982 Overton Crossing St

585 E Parkway S, Unit 3

3325 Cedar Springs Dr

985 Marble Ave

2066 Benton St

3528 Bowen Ave

2226 Durham Ave

2961 Southwall St

4450 Sunny View Dr

5197 Chantilly Dr

1195 Woodbury Rd

1807 Jackson Ave

3237 Harris Ave

4627 Crystal Springs Dr

1270 Chickamauga Ave

1486 Stevenson St

150 Maxwell Dr

1769 Edward Ave

6692 Whispering Oak Pl

1164 Canary Ln

5546 Apple Blossom Dr

721 E McAuley Dr

45 W Gage Ave

4637 Appleville St

695 Miles

3450 Spottswood Ave

684 Hobbs Dr

2785 Gruber Dr

6695 Whispering Oak Pl

992 Wrenwood St

3545 Debby Dr

3614 Mary Cove

5293 Cedar Bluff Dr
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 |
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 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.
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 City's Top Employers
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I'm Josh, your ApartmentHomeLiving.

College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive
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I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
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I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
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
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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.