
Homes for Rent in Memphis, TN Under $2,000 (1,331 Rentals)


6667 Einat Cove

1986 Eastend Dr

89 Ericson Rd

1205 Forest Ave

2570 Plum Creek Dr

5013 Scheibler Rd

5672 Riverhead Ave

431 N Holmes St

8672 Overcup Oaks Dr
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.

4422 Oakden Ln.

1966 Abbott Cove

817 Radiance Dr

1326 Whitewater Rd

7771 Freehold Dr

4376 Yale Rd

3107 Santa Cruz Cove

476 Jack Kramer Dr

5081 Rich Rd

426 N Front St
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.

7575 Glen Creek Ln

4160 Bedford Valley Ln

6041 Syon Cove

8123 Cairn Dr

1073 Ivy Rd

8233 Trinity Rd

7331 Peppermill Ln

4381 Whispering Bend Dr

6614 Red Birch Dr

4333 Angarath Dr
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.

1697 Foster Ave

1283 Harbert Ave

6703 Einat Cove

2184 Cowden Ave

8254 Hardwood Cove

139 N Barksdale St, Unit 201

1829 Downing St

6849 Stone Gap Cove

4844 Pine Forrest Dr

1031 Dove Hollow Dr
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.

4701 Falling Oak Cove

423 Cairn Cove

8280 Dexter Ridge Cove E

5036 Brooksbank Cove S

8574 Napoli Dr

952 Grouse Meadow Dr

8739 Overcup Oaks Dr

7330 Ashley Oaks Dr

8538 Overcup Oaks Dr

139 N Barksdale St, Unit 103
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 | $1,215 | $575 | $3,100 |
| Memphis 3 Bedroom Homes for Rent | $1,604 | $750 | $3,000 |
| Memphis 4 Bedroom Homes for Rent | $2,047 | $875 | $5,800 |
| Memphis 5 Bedroom Homes for Rent | $2,696 | $1,195 | $7,500 |
| Memphis 6 Bedroom Homes for Rent | $3,571 | $2,200 | $4,900 |
Browse Top Homes for Rent in Memphis
Explore Memphis
Memphis, TN Local Guide
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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 1833 Apartments for Rent in Memphis, TN with pricing that ranges from $525 to $7,985. There are also 1676 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 $2,053.
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 $715 to $6,998, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $3,000. Four Bedroom Single-Family rentals are also available starting from $875 and Four Bedroom Apartments start at $640.
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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.