
Cheap Homes for Rent in Memphis, TN from $550 (695 Rentals) Page 7 of 14
Search the lowest-cost Homes available for rent right now in Memphis.


4100 Vaughn Rd

1023 Waring Rd

3575 Kensett Dr

504 Elmfield Cove

5293 Beaverton Dr

5286 Broken Oak Dr

4010 Rhodes Ave

4920 Shayne Cove

3301 Sunrise St

3230 Ardmore St

2449 Labonte Dr

4177 University St

721 Western Park Dr

650 Whiterock Ave

4537 Whiteside St

1814 Marjorie St

3063 Boxdale St

111 Eastview Dr

2434 Vollintine Ave

358 E Pkwy N

899 Chatwood St

1679 Parktown Pl

1271 Poplar Ave

866 Homer St

2692 Select Ave

1855 Poplar Woods Cir W

1950 Corning Ave

1863 Burnham Ave

1473 Oberle Ave

7013 Wesley Ct

3514 Autumn Ave

50 Gayoso Ave

630 Mohawk Ave

2278 Arlene Ave

5320 Plover Dr

3687 Windcrest Rd

1304 Oak St

2038 Southern Ave, Unit 5

2076 Goff Ave

5057 Gill Rd

6519 Birkenhead Rd

129 S Holmes St

1154 Springdale St

6975 Wesley Ct

6706 Majestic Oak Pl

1834 St Elmo Ave

253 Silverage Ave

3709 Deer Forest Dr

1065 Larry Ln
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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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.