
Cheap Homes for Rent in Memphis, TN from $550 (695 Rentals) Page 5 of 14
Search the lowest-cost Homes available for rent right now in Memphis.


2234 Madison Ave

1981 Crump Ave

3049 Carnes Ave

1985 Wynton St

5440 Flowering Peach Dr

3232-3213 13 Colony Mall

3207-3213 13 Colony Mall

3247-3213 13 Colony Mall

3249-3213 13 Colony Mall

1248 Greenwood St

756 S Pkwy E

1771 Wildrose St

540 Harahan Rd

686 Buntyn St

749 Freeman St

1763 7th Crompton Ct

1055 University St

2786 Mojave Pl, Unit #2

2089 S Parkway E

5712 Los Gatos Dr, Unit 5712 Los Gatos Apt 1

151 Clower Rd

1075 Kney St

3679 Ladue St

1323 Brower St

2024 Jefferson Ave, Unit 2046-04

1855 Ezell St

3581 Kensett Dr

2887 Woodlawn Terrace

2189 Pueblo Ave

745 Harahan Rd

3911 Ajanders Dr

2771 Northmeade Ave

4087 Trudy St

1542 Delano Ave

3548 Christine Rd

3368 Eastport Cove

3916 Tessland Rd

3427 S Prescott Cir

1106 Parkland Rd

2390 Forest Ave

1445 Luverne St

4694 McCrory Ave

1380 Rolling Hills Dr

6750 Quail Hollow Ct

1319 Glenn St

4217 Windermere Rd

4701 Queens Lace Ct

5106 Blacksmith Dr

384 Lillian 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.