
Homes for Rent in Memphis, TN Under $1,200 (536 Rentals) Page 5 of 11


5233 Flowering Peach Dr

3272 Spring Valley Cove

1563 Jackson Ave

855 N Willett St

6481 Summer Creek E

3462 Mark Twain St

5312 Stage Rd

283 Leath St

3821 Oak Lake Ln

110 E Frank Ave

80 Otsego Dr

858 Brandywine Blvd

1390 Grand St

2268 Jackson Ave

1523 Oberle Ave

1560 Cane Rd

2302 Alameda Ave

5343 Cedar Bluff Dr

3082 Overton Crossing St

2370 Larose Ave

3740 Marvin St

3472 Hadley Rd

2769 Sonora Dr

3119 Queensgate Ave

3113 Ruby Ln

4280 Emily Ave

703 N 3rd St

759 Olympic St

858 Alaska St

4505 Stony Point Dr

2545 Spottswood Ave

665 Marechalneil St

667 Marechalneil St

1763 7th Crompton Ct

2956 Lake Park Rd

38 S Bingham St

3445 Felton Rd

4792 James Kent Ct

726 S Prescott St

1026 Harrison St

3240 Forest Glen St

881 N Claybrook St

504 Elmfield Cove

1628 Via Roma Dr

1614 Via Roma Dr

3395 Edgar St

35 E Biscayne Rd

3279 Morningside St

822 Kippley 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!