
Cheap Homes for Rent in Memphis, TN from $400 (797 Rentals) Page 5 of 16
Search the lowest-cost Homes available for rent right now in Memphis.


4062 Shirley Dr

1601 Haywood Ave

3614 Mary Cove

401 N Manassas St

1911 The Oaks Ave

1116 N Holmes St

905 Parkhaven Ln

3633 N Lloyd Cir
4535 Beacon Hls Dr

3520 Pueblo Ave

3740 Parrot Cove

3386 Spring Water Cove

4258 Briarberry Ln

2083 Charleston Rd

1651 Corning Ave

1871 Cedarhurst Ave

3560 Stuart Rd

1467 Oberle Rd

6692 Whispering Oak Pl

3751 S Barron Cir

331 Elder Rd

2208 Cassie Ave

5655 Myers Rd

3013 Morningside St

2587 Wellons Ave

5546 Apple Blossom Dr

801 Bowen Cir

997 Meda St

3034 Sunrise St

679 Leath St

5656 Encino Cove

2785 Gruber Dr

2038 Southern Ave, Unit 4

5099 Corkwood Dr

3830 Denver St

4766 James Kent Ct

1866 Snowden Ave

45 W Gage Ave

1922 Coventry Dr

1807 Jackson Ave

3472 Hadley Rd

6695 Whispering Oak Pl

156 N Auburndale St

1558 Tayner St

1287 Englewood St

3207-3213 13 Colony Mall

3247-3213 13 Colony Mall

3249-3213 13 Colony Mall

3232-3213 13 Colony Mall
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 | $1,168 | $495 | $3,950 |
| Memphis 3 Bedroom Homes for Rent | $1,576 | $800 | $3,900 |
| Memphis 4 Bedroom Homes for Rent | $2,001 | $895 | $6,000 |
| Memphis 5 Bedroom Homes for Rent | $2,685 | $1,095 | $5,995 |
| Memphis 6 Bedroom Homes for Rent | $3,291 | $2,000 | $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 1866 Apartments for Rent in Memphis, TN with pricing that ranges from $525 to $7,985. There are also 2004 Single Family Homes for rent, Condos, and Townhome rentals currently available in Memphis ranging from $495 to $6,000.
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 $495 to $6,000 with an average monthly rent of $1,627.
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 $829 to $4,110, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $3,900. Four Bedroom Single-Family rentals are also available starting from $895 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 Citys Top Employers
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.

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.

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.