
Homes for Rent in Memphis, TN Under $1,200 (536 Rentals) Page 2 of 11


800 Lydgate Rd

4270 Cary Hill Dr

Furnished Studio-Memphis - Airport

3668 Debby Dr

3477 Kensett Dr

271 W Levi Rd

965 Dillworth St

2782 W Hickory Bluff

3863 Spottswood Ave

3338 Coleman Ave

4773 Northfield Cir

1372 Orgill Ave

4417 Don St

3265 Starsdale St

3308 E Rosita Cir

1450 Gold Ave

3914 Longsneck Cove

3176 Beauchamp Dr

104 N Cooper St

3796 St Elmo Ave

1157 N Evergreen St

1643 Oaken Bucket Dr

1271 Poplar Ave

951 Faxon Ave

1758 McMillan St

1628 Miller St

602 Lucy Ave

5435 Whitworth Rd

864 N Claybrook St

2692 Select Ave

2693 Spottswood Ave

5227 Braden Dr

1604 Echles St

4860 Chesterwood Ct

713 Regent Pl

1049 Beach

429 Simpson Ave

1206 Bammel Ave

1862 Farrington St

3156 Clarendon Rd

3109 Christine Rd

2325 Riley Ave

2386 Larose Ave

1497 Maxine St

280 Ivan Rd

3870 Fizer Ave

670 Madison Ave

124 Monroe Ave

3453 Madewell St
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 | $1,163 | $595 | $2,795 |
| Memphis 3 Bedroom Homes for Rent | $1,533 | $700 | $3,500 |
| Memphis 4 Bedroom Homes for Rent | $1,977 | $795 | $10,000+ |
| Memphis 5 Bedroom Homes for Rent | $2,423 | $1,100 | $5,500 |
| Memphis 6 Bedroom Homes for Rent | $3,650 | $1,800 | $4,900 |
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 1810 Apartments for Rent in Memphis, TN with pricing that ranges from $200 to $6,442. There are also 2250 Single Family Homes for rent, Condos, and Townhome rentals currently available in Memphis ranging from $475 to $15,000.
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 $475 to $15,000 with an average monthly rent of $1,829.
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 $675 to $6,442, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $3,500. Four Bedroom Single-Family rentals are also available starting from $795 and Four Bedroom Apartments start at $599.
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.
Articles, How-To's, and Tips

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!