
Luxury Homes for Rent in Memphis, TN (135 Rentals)
The most luxurious Homes in Memphis with high-end amenities, features, and finishes.


3862 Oak Forest Dr

4578 Sequoia Rd

604 Madewood Dr

3228 N Waynoka Cir

1721 Nelson Ave

4654 Ravencrest Cove N

4597 Oakden Ln.

4597 Oakden Ln.
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.

8512 King William St

4227 Tutwiler Ave

717 Riverside Dr

1655 Kings Pond Cove

8494 Trondheim Dr

8568 Kettering Dr

1212 Dorothy Pl

1210 Dorothy Pl

4971 Given Ave

2322 Carrollwood Ln
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1816 Cheshunt Ln

8570 Griffin Park Dr

4415 Richmond Cir S

1984 Bohemia Dr

4205 Tutwiler Ave

8267 Post Creek Cove

4378 Wildflower Ln

84 N Rembert St

2601 Camrose Cove

5209 Walnut Grove Rd

1787 Vinton Ave
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

3350 Highland Park Pl

2369 Penbrook Pl

8821 Overlea Cove

21 Mina Ave

1283 Harbert Ave

171 Palisade St

482 Sanga Cir W

184 Marrakesh Cir

184 Marrakesh Cir

171 Palisade St

714 Echles St

5013 Gertrude Dr

4918 Noel Mission Dr

1173 Island Pl E

78 Stonewall St

3652 Poplar Ave

3652 Poplar Ave

8677 S Ashley Glen Cir
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 | $1,243 | $550 | $3,750 |
Memphis 3 Bedroom Homes for Rent | $1,653 | $750 | $10,000+ |
Memphis 4 Bedroom Homes for Rent | $2,020 | $750 | $4,495 |
Memphis 5 Bedroom Homes for Rent | $2,686 | $1,025 | $5,500 |
Memphis 6 Bedroom Homes for Rent | $2,900 | $2,900 | $2,900 |
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Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Frequently Asked Questions about Memphis
What type of rentals are currently available in Memphis?
There are currently 1791 Apartments for Rent in Memphis, TN with pricing that ranges from $200 to $13,180. There are also 1909 Single Family Homes for rent, Condos, and Townhome rentals currently available in Memphis ranging from $545 to $10,000.
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 $545 to $10,000 with an average monthly rent of $1,766.
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 $698 to $8,166, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $10,000. Four Bedroom Single-Family rentals are also available starting from $750 and Four Bedroom Apartments start at $549.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.