
Homes for Rent in Memphis, TN Under $1,200 (428 Rentals) Page 5 of 9


2098 Court Ave, Unit Apt. 2

6001 Cedarcrest Ct

3385 Barbwood Dr

5015 French Bend Ln

2717 Carnes Ave

3733 Miami Ave

4328 Arrow Cove

4061 Mossville St

1271 Chickamauga Ave

2093 Jefferson Ave

2325 Riley Ave

3764 Carnes Ave

4573 Appleville St

1190 Inman Cove

5664 Myers Rd

728 N Holmes St

3585 Mayfair Ave

1287 Englewood St

1393 Gold Ave

3377 Rockwood Ave

1771 Wildrose St

1248 Greenwood St

756 S Pkwy E

159 N Belvedere Blvd, Unit 1

2083 Charleston Rd

227 N Willett St

1635 Quail Hollow Rd, Unit Whispering Oaks 1 Bedroom Condo

864 Dickinson St

3061 McGee Cv

2673 Midland Ave

3013 Morningside St

3696 Buffalo Rd

362 Hewlett Rd

3740 Parrot Cove

3732 Hazelwood Ave

380 Elder Rd

3602 Hallbrook St

755 Houston St

4638 Appleville St
4535 Beacon Hls Dr

1711 Dabbs Ave

3152 Ford Rd

5546 Apple Blossom Dr

3992 Ridgedale St

2796 Flora Ave

3263 Baskin St

310 Jones St

914 Restbrook Ave

410 Boston 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 | $1,221 | $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.