
Homes for Rent in Memphis, TN Under $1,200 (428 Rentals) Page 3 of 9


1514 Winfield Rd

3549 Galloway Ave

3323 Vineyard Haven Pl

4547 Angel Ave

2133 Eldridge Ave

5104 Corkwood Dr

4095 Kenosha Rd

755 E McKellar Ave

939 Seattle St

2292 Willow Wood Ave

3047 Carnes Ave

931 Calvin Rd

1542 Tutwiler Ave

1540 Tutwiler Ave

696 S Greer St

694 S Greer St

3800 Philsdale Ave

3060 Guernsey Ave

1017 Gordon St

3758 Wolf Trail Dr

5116 Chantilly Dr

3481 Dunn Ave

4407 Forest Valley Cove

1502 Whitmore Rd

3566 Morning Dew Ct

5211 Kimbark Woods Dr

1075 Kney St

2295 Dexter Ave

445 Garland St

3049 Carnes Ave

1601 Haywood Ave

1651 Corning Ave

1791 Grovehaven Cir

3831 Egypt Central Rd

540 Harahan Rd

511 Jenson Rd

3514 Hallbrook St

761 Goodwyn St

2237 Gayle Ave

3344 Bestway Dr

4811 Bradford Dr

3679 Ladue St

580 Blackhawk Rd

1437 Castalia St

2020 Courtland Pl

3612 Overton Crossing St

3984 Acro Cove

401 N Manassas St

86 W Dempster Ave
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 | $1,221 | $575 | $3,840 |
| Memphis 3 Bedroom Homes for Rent | $1,611 | $750 | $3,400 |
| Memphis 4 Bedroom Homes for Rent | $2,015 | $895 | $6,000 |
| Memphis 5 Bedroom Homes for Rent | $2,901 | $1,095 | $7,500 |
| Memphis 6 Bedroom Homes for Rent | $3,197 | $2,100 | $4,495 |
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 1878 Apartments for Rent in Memphis, TN with pricing that ranges from $450 to $7,985. There are also 1796 Single Family Homes for rent, Condos, and Townhome rentals currently available in Memphis ranging from $495 to $7,500.
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 $7,500 with an average monthly rent of $2,003.
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 $600 to $4,029, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $3,400. Four Bedroom Single-Family rentals are also available starting from $895 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.
Helpful Local Expert Guides

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

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.

The Local Memphis Experts Guide to Renting Near the Citys Top Employers
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.

Memphis, Tennessee: A Local Experts 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.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.