
Homes for Rent in Memphis, TN Under $1,300 (524 Rentals)


3090 S Wesley Ct

4308 LEATHER Ave

3955 Stillwood Dr

1045 Ayers St

2404 Perry Cove

5144 Blacksmith Dr

3877 Glencoe Dr

5336 Braden Dr

2644 Burns Ave
Affordable Memphis: The Best Neighborhoods with Character and Lower Rents
Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

753 Kings Alley

1390 Greenland Rd

665 E Pkwy S

303 Fields

1373 Cooper St

4056 Grantham Rd

6675 Whitten Pine Dr

1233 Perkins Terrace

1452 Ledger Rd

5265 Chatfield Dr
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.

4039 Naylor Rd

581 Gilleas Rd

1376 S Perkins Rd

1904 Capri Rd

101 E Davant Ave

1738 Willow Wood Ave

142 S Humes St

2123 Lyon Ave

6705 Majestic Oak Pl

5733 Woodbourne Ct
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.

4956 Lazybrook Cove

3026 Johnson Ave

4420 Double Tree St

3775 Emerson Ave

4100 Navaho Ave

3711 Buchanan Ave

3575 Millard Rd

3715 Hillridge St

1757 Euclid Ave

4225 Arrowhead Rd
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.

1080 Waring Rd

725 Kent St

3396 Outlet Rd

1790 Tutwiler Ave

5856 Jardin Pl

599 Estridge Dr

2295 Dexter Ave

4837 Summitridge Dr

4147 Hallview Dr

4061 Navaho 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 | $1,166 | $575 | $3,500 |
| Memphis 3 Bedroom Homes for Rent | $1,585 | $750 | $3,500 |
| Memphis 4 Bedroom Homes for Rent | $2,024 | $875 | $6,700 |
| Memphis 5 Bedroom Homes for Rent | $2,675 | $1,250 | $5,000 |
| Memphis 6 Bedroom Homes for Rent | $4,601 | $2,200 | $10,000+ |
Browse Top Homes for Rent in Memphis
Explore Memphis
Memphis, TN Local Guide
- Memphis Neighborhoods
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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleCollege Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive
Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Memphis, TN Rentals by Map
See the most popular apartments and homes in Memphis, TN
Frequently Asked Questions about Memphis
What type of rentals are currently available in Memphis?
There are currently 1818 Apartments for Rent in Memphis, TN with pricing that ranges from $485 to $8,744. There are also 1713 Single Family Homes for rent, Condos, and Townhome rentals currently available in Memphis ranging from $200 to $11,500.
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 $200 to $11,500 with an average monthly rent of $2,042.
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 $6,555, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $3,500. Four Bedroom Single-Family rentals are also available starting from $875 and Four Bedroom Apartments start at $650.
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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.